Everton have entered into negotiations with a number of of different parties regarding financial investment, according to Sky Sports News.

Indian-based property firm Jain are understood to be one of the parties in talks with current chairman Bill Kenwright.

For a number of years now the Toffees have struggled to compete in the transfer market with their Premier League rivals.

Kenwright had made it known that he was happy to discuss a takeover with potential suitors, but no offers had been forthcoming until now.

An American company is also believed to be interested in purchasing the Merseyside club.