In September, Farhad Moshiri consented to sell 777 Partners his 94% ownership; however, the agreement fell through, allowing other parties to consider making a takeover offer.
After submitting proposals, local businessmen Andy Bell and George Downing, along with MSP Sports Capital, who has given the Toffees a loan of around £158 million, are also eligible to compete for an exclusive period.
Leading the bid is London-based businessman and attorney Vatche Manoukian, joined by wealthy American families and an undisclosed Saudi royal.
The all-equity bid put up by Manoukian and his group would not incur new debt and would seek to establish a long-term, viable plan.
Because of the new stadium being constructed on Bramley-Moore Dock, they regard Everton as a “sleeping giant” of English football with the ability to reclaim its position “at the top of world football.”
Manoukian, 45, has the support of the Myer family of Australia and works as a partner at the internet investment firm IMS Digital Ventures.
Dan Friedkin, the owner of Roma, Michael Dell of Dell Technologies, and Kenneth King of A-Cap, an investment group, are also rumored to be interested.
