By Jonty Banks

22nd May, 2023 | 7:10pm

Farhad Moshiri £70m blow could be the final straw as Everton takeover edges closer

Everton have been in dire straights under the ownership of Farhad Moshiri over the past few years, but it seems the Iranian is now feeling the pinch financially.

According to the Sunday Times Rich List for 2023, the Everton owner has seen his wealth fall by a total of £70million this year, dropping down to the 112th richest person in the UK.

The 68-year-old has now seen his net worth fall by a total of £370million over the last two years – a worrying trend that could prove pivotal in his decision to sell Everton.

For months now, Mohiri has seemingly looked on the verge of parting ways with the Merseyside club, but plans accelerated recently with the announcement that a deal is set to be concluded with 777 Partners in the coming week for a price in the region of £600million. [Daily Mail, 17 May]

The report stated that 777 Partners were the preferred bidder but that the American investment fund wanted Premier League guarantees before finalising the takeover.

With the club having been referred to an independent commission in regards to a breach of FFP, the Bramley-Moore Dock Stadium in dire need of investment, and Moshiri’s personal wealth plummeting, now seems the ideal timing to leave Everton for good.

The last 12 months at Goodison Park have been bruising for Moshiri, with the club once again involved in a tight relegation battle and fans lining the streets outside Goodison Park to call for his resignation on an almost weekly basis.

Now seems as good a time as ever to fulfil the fanbase’s wishes and end his torturous reign at the controls on Merseyside.

His club has taken a pounding both on and off the pitch in recent months, but his own personal losses could be the straw that breaks the camel’s back.