August 11, 2022

The US consortium that paved the way to buy Everton believe their bid is progressing positively after visiting the club’s training ground and the site of the new stadium on Liverpool’s waterfront.

Former Manchester United and Chelsea CEO Peter Kenyon leads the group made up of property tycoon Maciek Kaminski and gold tycoon John L. Thornton.

The three, along with their sons – Mikhail Kaminski and John-Randolph Thornton, known as JR – held talks with current Everton owner Farhad Moshiri in Monaco and chairman Bill Kenwright in London. Some band members also traveled to Merseyside where they were also featured at Everton’s offices in Liverpool’s iconic Liver building, the Finch Farm training complex and Goodison Park.

John L. Thornton and his son JR talk to Yahoo in 2016

Athleticism understands that the exclusivity deal they struck with Moshiri is set to expire, but there remains hope that a deal can be struck that would see the consortium become the majority shareholder of the club within a matter of weeks.

Other parties remain interested but, should the Kenyon-led takeover materialize, Mikhail Kaminski could be in line for a hands-on role in the day-to-day running of the club.

His father’s company Talon Real Estate, based in Minneapolis, owns and manages a huge portfolio of commercial, office and industrial properties in America, and they are interested in the potential for hotels and other associated businesses around the Bramley Stadium site. -Moore to Liverpool. North quays.

The group reviewed the current plans for the stadium and the community-driven development of what will occupy the land on which Goodison Park sits in the Walton area of ​​the city.

At this stage, it’s believed Kenyon could also play a role at the club after a successful takeover, but he would have to consider whether that meant moving back to North West Jersey, where he currently lives.

Agreeing on the selling price remains one of the last barriers to purchase. The consortium is believed to be working on a net worth of around £380million.

As part of the terms agreement the parties are working with, there is also a commitment that the new owners will invest an additional amount in the stadium and provide funds for team building. It is believed to be a key part of any deal for Moshiri, who value Everton at £500m.

The Iranian-born former accountant was thought to be initially reluctant to consider a deal but changed his mind after initial talks. Athleticism understands that he does not want to sell his entire majority stake.

Farhad Moshiri, Everton, Goodison Park

Moshiri would like to retain a stake in Everton after any takeover (Photo: Alex Livesey/Getty Images)

In January, he increased his stake in Everton to 94% after converting a £100million loan into shares. He has also spent around £500m on transfers and appointing new managers, with no tangible sense of progress on the pitch.

Earlier this month he broke his silence after a disastrous season that saw Everton narrowly avoid relegation to reaffirm their commitment to delivering the club’s new stadium.

Its ideal scenario is believed to be to remain in a smaller, scaled-down majority owner capacity or as a significant minority shareholder. Given that he played such a pivotal role in reviving the club’s much-needed dream of a new stadium, he still wants to be involved in the 2024-25 season when the ground is on track to be ready.

For its part, the consortium led by Kenyon wants to eventually buy out all of Moshiri’s shares but could be ready to do so gradually.

It’s unclear exactly how the stock split would play out between Thornton and Kaminski, but the latter is believed to provide more of the funding.

Kaminski assures that he keeps a low profile and Thornton is also a private individual, tempered by his involvement in some of the biggest jobs in the banking world. He was a senior executive at Goldman Sachs before joining Canadian mining and gold giant Barrick Gold in 2012.

He is also an academic who served as a professor at Tsinghua University in Beijing. His son JR, 30, spent time living in the Chinese capital and was an international-ranked junior tennis player who wrote a novel, Beautiful Country, which was published in 2013.

(Top photo: Emma Simpson/Everton FC via Getty Images)