Everton owner Farhad Moshiri has received a fresh bid to buy the club from a UK-based investor, Vici Private Finance, which is backed by at least two billionaires.
The Times understands that Vici initiated discussions with Moshiri and his advisers several months ago and has offered concrete terms within the past week.
The Vici bid is being advised by Keith Harris, who was brought on to Everton’s board of directors by Moshiri in 2016 and was deputy chairman for a spell.
It involves no borrowed money and it is believed that proof of funds of about £1billion in cash have been shown. As external funding is not required, an agreement could be executed quickly if Moshiri decides to give the group the green light.
Vici