Few days after firing Frank Lampard as manager, Everton owner Farhad Moshiri announced that the team was for sale.
He is alleged to be seeking at least £500 million.
After a 10-game losing streak, the Toffees are currently ranked second from the bottom of the table.
According to The Guardian, the British-Iranian millionaire has decided to sell the team after getting harsh criticism from Toffees supporters and other board members recently.
According to reports, the owner is attempting to recuperate his investment in the new stadium for the Merseyside team, which is being constructed at Bramley-Moore Dock.
Several prospective purchasers have also expressed interest.
Some elite athletes, including Anthony Gordon and Amadou Onana, have missed workouts in an effort to force their way out of the team.
Both players are thought to interest Chelsea and Arsenal.