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Liverpool Echo
Liverpool Echo
Sport
Keifer MacDonald

Everton takeover talk explained as search for Bramley-Moore Dock partnership continues

Your morning Everton headlines for Thursday, October 6.

Everton takeover state of play as LAMF Global Ventures Corp interest emerges

Everton is the subject of takeover interest from a US-led group but no deal is thought to be close at this stage.

LAMF Global Ventures Corp, which counts the nephew of hedge fund tycoon George Soros among its main players, has expressed an interest in acquiring the Blues but the ECHO understands no substantial discussions have taken place over a potential sale.

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LAMF is the latest party to show an interest in the club and news of its attention comes just a week after it was confirmed real estate tycoon Maciek Kaminski retained his desire to lead a takeover of Everton, an ambition that first emerged in the summer.

Following speculation over that interest, majority shareholder Farhad Moshiri released an open letter to fans stating the club was not for sale and, while he remains open to talks about investment in relation to the financing of the Bramley-Moore stadium development, it is believed he is currently still keen to lead the club into the new waterfront venue.

Read the full story, here.

Everton partnership in search for new stadium naming rights explained

As the structure of Everton's future home continues to rise from Bramley-Moore Dock, what it will be officially known as remains an unknown.

The project is simply being referred to as Everton Stadium, the 52,888-seater development that will sit proudly against the Liverpool waterfront now having its own designated website where fans will be kept updated as to its progress.

The largest single site development under construction in the UK, Everton Stadium has already been branded as something that will be a 'game changer' for the Toffees - a venue that will allow them to unlock their commercial potential and maximise revenue streams thanks to the increased capacity, the location and its modern nature. Its design from scratch means that Everton have been able to shape a development that will most benefit their needs.

Last month the Blues announced they had partnered with US-based firm Elevate Sports Ventures to help them in their search for a naming rights partner for the stadium.

In January of 2020 the club entered into an exclusivity deal with former club partners USM Holdings where the Alisher Usmanov-owned firm would pay £30m for first refusal on the naming rights for the Bramley-Moore Dock build.

Earlier this year, as Russia's military invasion of Ukraine saw sanctions placed on those with historic ties to Russian president Vladmir Putin, the relationship between USM and Everton was ended, as Usmanov one of those to be sanctioned. In response to the sanctions, Toffees owner Farhad Moshiri stepped down from his role as chairman of the board at USM as all ties were cut.

Read the full story, here.

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