Exclusive: Billionaire joins race to buy Everton FC

By Sarad Bade Shrestha  |  December 26, 2015
Exclusive: Billionaire joins race to buy Everton FC

Jordanian billionaire Hasan Abdullah Ismaik is currently in advanced talks over the takeover of Premier League side Everton

Everton have been one of the best run clubs in England over the past few years and with the Toffees possessing a strong fan base, a talented young team as well as a top manager, they have grabbed the attention of many potential investors in recent times.

While there is no denying the fact that Bill Kenwright has conducted a wonderful job at Everton since acquiring majority stakes at the club in 2004, fans feel that the club need a fresh cash injection in order to take a step up to the next level and consistently challenge for European football. Kenwright is also well aware of this fact and is ready to listen to offers for his beloved Everton.

Everton fans want Bill Kenwright to step aside

Recently, it had emerged that an American consortium led by former owner of the San Diego Padres baseball team, John Jay Moores, were in talks over the potential takeover of Everton. However, Everton have not revealed much regarding the talks with Moores and the negotiations currently remains at a tentative stage.

Now Winner Sports can exclusively reveal that Everton are interesting another potential buyer in the form of Hasan Abdullah Ismaik and the Jordanian billionaire is ramping up his pursuit to purchase the Merseyside based outfit.

A source close to Everton told Winner Sports, “Mr Hasan Abdullah Ismaik met with Bill Kenwright at his London office. Talks are on-going and progressing quickly, and Mr. Hasan is hopeful of concluding the takeover as soon as possible.”

Hasan Abdullah Ismaik keen on purchasing Everton

Ismaik is believed to be worth around $2billion and owns 60 percent stake of German side 1860 Munich. The billionaire saved 1860 Munich from insolvency back in 2011 but has been left frustrated at not being able to take sole part in the decision making of the club’s affairs due to German regulations.

As a result, Ismaik had stated that he is ready to pull out from his project at 1860 Munich and instead invest in an English side.

Speaking to the Daily Mail, Ismaik had said, “The difficulties we are facing in Germany mean we are kind of regretting not coming to the UK and we think we should now come and buy a club here and invest in a country where football is so entertaining and passionate.

“English football is full of big teams with big histories and with an incredible league and great support from the federation for the small teams and investors.

Ismaik hopeful of beating John Moores in the race to purchase the Merseyside outfit

“There are also the rules that encourage and help investors and give them a hand so that they can make their clubs successful. It might take a month, it might take three years but we are considering investing in a club in England.”

While Ismaik did not reveal which club he would like to purchase during his interview with the Daily Mail, it can be revealed that the 39-year old has his eyes set on investing in Everton and provide the required funds which could potentially turn the Toffees into a major force in England in the coming years.

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