American sports investment firm 777 Partners will pay over 500m to buy Everton.
Majority shareholder Farhad Moshiri has announced he is selling his stake to 777.
And the Daily Mail says 777 have agreed a deal worth more than 500m to buy the club from Moshiri.
Meanwhile, The Times is reporting the Miami-based company would pay a set amount for the club, but there are factors by which that figure can rise and fall depending on Everton's on- and off-field progress.
Moshiri, who has agreed for the payments to be staggered over a number of years to help Everton's financial position, would stand to earn more should the club move into their new stadium at Bramley-Moore Dock and commercial performance improve.
