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The Independent UK
The Independent UK
Sport
Carl Markham

New Everton owners wouldn’t ‘throw money around like confetti’

PA

The consortium in discussions to buy Everton have deep enough resources to complete the purchase without the need for a leveraged buy-out but will not be engaging in the kind of wasteful spending seen under current owner Farhad Moshiri.

A group spearheaded by former Manchester United and Chelsea chief executive Peter Kenyon and bankrolled by United States real estate tycoon Maciek Kaminski and billionaire mining and investment magnate John Thornton are engaged in exclusive negotiations to purchase the Toffees.

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