Former Everton forward Andy Gray told the Alan Brazil Spots Breakfast Show for talkSPORT why he feels no one has tried to buy his old club.
Everton are one of the biggest clubs in England and an example of a historic and very traditional English club that any outside individual or group could look to invest in.
However, Gray has suggested the main factor, which could be putting some off.
“I don’t know exactly because Everton are a great, a really great club – I think they’re have to build a new ground and that could be putting some off,” said Gray.
Everton are a club that have had to get used to operating and competing in the Premier League with very little cash.
The appeal of a new owner coming in and providing that investment is obvious, but Gray feels a similar situation to what happened with Arsenal and the Emirates Stadium would be the problem.
Arsenal spent several years paying off the cost of a new ground and something similar may halt initial growth under a new owner with the Toffees.
However, operating on a strict budget is something the Toffees are familiar with and hopefully the side can end the season in positive fashion, pushing themselves up the table slightly to increase their appeal looking ahead to the summer.