According to the Liverpool Echo, the race to acquire Premier League club Everton is heating up, with “Vici Private Finance” entering the fray and engaging in preliminary talks with club owner Farhad Moshiri.
This marks Vici Private Fund’s fourth bid for Everton, and it proposes a full equity acquisition, sparing the club from additional debt. The fund has provided proof of a £1 billion cash flow, and its advisor is none other than former Chelsea board member Harris. Harris was also part of Everton’s board for three years after being brought in by Moshiri in 2016.
Notably, Harris has extensive experience in club transfers, having assisted Roman Abramovich in acquiring Chelsea and playing a role in the sales of Aston Villa and Fulham.
Aside from this private equity fund, several consortiums are showing interest in Everton, with one joint bid already offering £400 million. Additionally, Everton’s largest creditor is reportedly considering purchasing the club.
Vici Private Fund’s key advantage lies not only in Harris’s involvement but also in its provision of funds for both short-term and long-term club needs. Their proposal includes plans for the reconstruction of a new stadium at Bramley-Moore Dock in Liverpool’s waterfront area.
