Everton correspondent for The Liverpool Echo Joe Thomas has revealed an update on the potential takeover by Maciek Kaminski.

The Lowdown: Kaminski takeover bid

As per The Financial Times, Kaminski has launched a new takeover bid at Goodison Park, with the American businessman in talks with Farhad Moshiri over a reported £400m deal.

He was part of the group spearheaded by former Manchester United and Chelsea CEO Peter Kenyon who reportedly had a ‘phone call’ with Moshiri over a potential takeover in the summer, but that deal never materialised, with the Merseyside club's owner thought to be reluctant to sell.

The Latest: No significant progress

When asked by a Toffees supporter if the club is still up for sale and whether Kaminski is indeed interested in buying, Thomas replied in a Q&A for The Liverpool Echo that while Kaminski still holds an interest, there has not been any significant progress since the summer, and Moshiri is keen to deliver the new stadium at Bramley-Moore Dock, which is set to cost around £500m:

"There is still an interest in Everton from Maciek Kaminski, though my understanding is there has not been any significant progress on his ambitions since the summer - when, of course, Farhad Moshiri said the club was not for sale.

"Moshiri has said he is interested in finding support in financing Bramley-Moore, so conversations about the club, the stadium and investment will be ongoing. "

"Where they could lead, I don't know, and currency fluctuations that improve the dollar against sterling will only increase the buying power of a potential US investor.

"But while I couldn't rule anything out, I think Moshiri is keen to deliver the stadium if he can."

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The Verdict: Time to sell up

While it seems for now that Kaminski's bid is being put on hold, it would be best for the Blues if Moshiri were to sell the club.

Since increasing his stake as the major shareholder back in 2018, they have finished in the bottom half of the Premier League table in three of the last four seasons, including narrowly avoiding relegation last term (Transfermarkt).

Moshiri has also spent nearly £400m in transfers during that time as well, with the club accumulating heavy losses and flirting with Financial Fair Play (FFP) regulations (Sky Sports).

Nonetheless, before things potentially get worse financially, along with the huge cost of the new stadium, now would be the best time for Moshiri to finally sell up.