The decision to put the Royal Liver Building up for sale was taken last November and is not expected to result in Everton leaving the iconic city centre landmark.
Global real estate adviser, CBRE, has been appointed to sell the property for only the second time in its history with a price of £90million quoted.
Everton, like all the other tenants, have tenancy agreements which are set to continue.
CBRE sold the building for the first time in 2017 on behalf of Royal London, and is now marketing it again on behalf of current owners, Corestate Capital who purchased it collectively for £48million and are set to make a tidy profit following an extensive refurbishment programme in recent years.
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The Grade I listed Royal Liver Building is multi-let to several major Liverpool based companies including Everton Football Club, Princes Foods, HSBC, Mott MacDonald and Grant Thornton.
Corestate are a multinational real estate corporation based in Germany but the Royal Liver Building is their only property in the UK and having blue chip clients such as Everton on site helps to attract other major firms.
The ECHO understands that the club’s decision to be based at the Royal Liver Building is not just down to Farhad Moshiri’s involvement in the property, but its status as the foremost office location in Liverpool city centre with the team set to relocate from Goodison Park to a new waterfront stadium at nearby Bramley-Moore Dock in 2024.
Everton’s majority shareholder Mr Moshiri does not own the building outright but is part of a consortium that does.
Given this detail and the fact that the decision to make the sale was made in 2021, it is believed the new move has nothing to do with recent political developments that have seen Mr Moshiri sever all business ties with Alisher Usmanov.
On March 2, the Monaco-based billionaire severed all business links with his long-time associate Mr Usmanov, who has been sanctioned by the EU, UK and USA.
On the same day, Everton confirmed they were suspending their sponsorship agreements with Russian companies USM, Megafon and Yota with immediate effect having been under increasing pressure to react after Russia’s military invasion of Ukraine.
