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Saudi royal joins consortium for £400m Everton bid

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June 11 – Everton owner Farhad Moshiri has reportedly received a £400 million cash offer for the club from a consortium of international investors which include an unamed member of the Saudi royal family and high net worth investors from the US.

London-based businessman and lawyer Vatche Manoukian is leading the bid which reportedly would take on the club’s debt on top of the cash offer.

Manoukian is a partner at tech investment firm IMS Digital Ventures and is backed by Australia’s Myer family.

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