London-based billionaire Vache Manoukian plans to buy English club Everton

Armenian businessman and London-based billionaire Vache Manoukian is considering the possibility of purchasing the English club Everton, according to The Independent.

According to the source, the businessman has made an offer of £400 million to the club's current owner Farhad Moshiri. Manoukian's proposal has been well received by the club's management, who are confident about his prospects of becoming the new owner of Everton.

Manoukian is ready to engage quickly in the affairs of the Merseyside club if his offer is accepted. It is also assumed that he wishes to finalize the deal within the next few months.

The businessman is a devoted supporter of Everton and aims to address the club's financial issues. His plan includes providing operational cash flow and developing a sustainable long-term strategy.

In the 2023/24 season, the Toffees finished 15th in the Premier League table.