American takeover of Everton edging closer

Getty Images
1 Comment

Soon there could be an American flag fluttering at Goodison Park.

[ MORE: Spurs, Arsenal to battle for title?

Following reports in December stating that former San Diego Padres owner John Jay Moores and his associate Charles Noell were in talks to buy Premier League club Everton, a new report from the Liverpool Echo states the $300 million takeover could be completed in the next two weeks.

Long-time Everton chairman Bill Kenwright has come under increasing scrutiny from fans of the Toffees this season about their lack of spending in the transfer market and the businessman has reportedly been in talks with many interested parties over the years to try and sell the Merseyside club.

[ VIDEO: Premier League highlights

The report from the Echo says Moores and Noell have spent the last six weeks carrying out due diligence and have been in talks with the biggest shareholders, chairman Kenwright, plus Robert Earl and Jon Woods, about buying them out.

If Moores and Noell do become the majority shareholders of Everton and the controlling owners would mean the Toffees would be the seventh current PL club to be owned by Americans.

Manchester United, Sunderland, Liverpool, Crystal Palace, Arsenal and Aston Villa all have majority owners who are from the U.S.