BILLIONAIRE Michael Dell has been drafted in as part of a bid to take over Everton from majority shareholder Farhad Moshiri, according to reports.
The Toffees have been in desperate need of new owners since a deal with 777 Partners collapsed.
Crystal Palace owner John Textor also withdrew from negotiations amid concerns over the chaotic sales process.
Five other parties are said to still be interested in acquiring control of the Merseyside club.
Among them are local businessmen Andy Bell and George Downing, lifelong Everton fans.
Investment entrepreneur Bell, 58, and construction and property tycoon Downing, 61, are attempting to secure an “exclusivity agreement” with Moshiri – which they hope to clinch in the coming days.
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According to The Mail, they have now enlisted the help of American billionaire Dell, 59, to help agree the deal.
The addition of Dell – the 10th richest man in the world whose computer brand is understood to be worth £95billion – has convinced Moshiri that a takeover could be completed before the start of the new season.
Some have described talks as being at an “advanced” stage, while others remain more cautious over a potential deal.
Other interested parties include venture capital firm MSP Sports Capital.
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Who is Michael Dell?
Michael Dell is a 59-year-old American businessman born in Houston, Texas.
He is best-known as the founder, chairman, and CEO of Dell Technologies which he began in 1984.
Dell has been named the 10th richest man in the world with a net worth of £98billion as of March 2024.
In 2016, Dell acquired EMC Corporation for £53bn, making it the “highest-valued tech acquisition in history”.
The US businessman has also made lucrative profits from another computer company VMware – which he owns a 40 per cent stake in.
Dell has been married to wife Susan Dell since 1989.
He has four children – Alexa, Zachary, Juliette and Kira.
Bell and Downing are understood to have already developed a “close relationship” with Moshiri.
Everton are in a financial mess and were deducted eight points during the 2023/24 Premier League season.
But Bell and Downing believe they can provide the Toffees with “financial security”.
They will also look to oversee Everton’s move into their new stadium at the beginning of the 2024/25 campaign.
It has been reported Bell and Downing have already invested a £50m loan to keep the club afloat.
Further payments will also need to be made this summer as they owe deferred sums for signings Beto and Youssef Chermiti.
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Source: Soccer - thesun.co.uk
