Former Major League Baseball owners in $300 million talks with Everton

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Last year, American businessmen John Jay Moores and Charles Noell did their best to get a 30 percent stake in Swansea City.

That failed to materialize, and now the pair are close to a $300 million takeover of another Premier League club, one that would put the former San Diego Padres owners into a more substantial position with a top flight side.

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It’s Everton this time, with the Americans ready to spring into action on a club that’s seen USMNT stars Tim Howard and Landon Donovan don the Toffees’ shirt.

From The Telegraph:

Everton remain cautious about the eventual outcome while the US investors consider their options during a period of exclusivity but this is considered the most positive development yet since chairman Bill Kenwright said he was willing to sell his stake.

The article goes on to say that the massive investment could help Everton take the next step in upgrading or moving up from Goodison Park, and that present owner Bill Kenwight would likely stay in the picture to some degree.