Everton, are close to being purchased by Miami-based investment firm 777 Partners.
After negotiations with MSP Sports Capital broke down in August, the struggling Toffees restarted talks with the American business.
According to a source close to Moshiri, Everton has been looking for investment for some time, although the agreement is not yet finalized.
Moshiri informed the supporters’ advisory board in February that the club was “not for sale,” but he had spoken with “top investors of real quality.”
The takeover will put an end to the owner’s turbulent reign. British-Iranian businessman Moshiri has invested more than £750 million in the club since 2016, but some fans have been extremely dissatisfied with his ownership of the team.