On Saturday, June 8, the outlet reported on their website that the pair of Toffees supporters, who have already loaned around £50 million of their personal roughly £900 million fortune to the club, had submitted a formal seven-figure offer to the majority shareholder and are “hopeful” it will be successful as early as next week.
Michael Dell, the American software billionaire worth an estimated £78 billion, is behind Bell and Downing’s offer, with his private investment vehicle reported to be providing financial support rather than driving the campaign.
The pair of Evertonians apparently believe that profit and sustainability rules are now benefiting fan-owned clubs as the restrictions, which saw the club smacked by two points deductions last term for a pair of violations, “encourage clubs to grow revenues rather than rely on rich owners”.
There are certain to be a number of Bell and Downing’s Everton teammates who hope the pair gets the green light soon.
MSP Sports Capital, Roma chief Dan Friedkin, and major backer of 777 Partner’s doomed bid A-Cap are all in the race [BBC Sport, 8 June], but part owner of Crystal Palace John Textor has withdrawn completely [Bloomberg, 7 June], confirming to Goodison News that he was never a front-runner.
Moshiri thus has a responsibility to the club to make the most prudent decision for the future rather than the sentimental one, while Dell’s financial might appears to bolster the Bell-Downing deal.
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