Everton have NOT been put up for sale this week by owner Farhad Moshiri.

British media reports this week suggested that Moshiri was ready to sell the Toffees for £500 million.

Everton have fired manager Frank Lampard and are on the precipice of relegation from the Premier League.

But, in a video posted on Everton's official website on Tuesday, Moshiri clearly stated “no" when he was asked if he was planning to sell the club.

Moshiri is instead hopeful of raising investments for the club to ensure they can move into their new stadium in 2024-2025 and still invest in the team.

He said: “The club is not for sale but I've been talking to top investors, real quality, to bridge the gap on the stadium. I can do it myself and the reason I want to do it is to bring top sport investors into Everton for some of the reasons that the fans want improvement, more talent, and we are close to having a deal done.

“It's not selling the club at all. It's just bringing more expertise in terms of global sponsorship, in terms of commercial development and a lot of specialist sport investors have this pool of knowledge. It's to secure that for Everton."