MSP Sports Capital withdraw from investment talks into Everton, claims report

Australia News News

MSP Sports Capital withdraw from investment talks into Everton, claims report
Australia Latest News,Australia Headlines
  • 📰 EchoWhatsOn
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 59%

A report this evening has stated that MSP Sports Capital have ended talks over buying a minority stake in Everton

Everton owner Farhad Moshiri has been in discussions with the New York-based investment fund since the beginning of the year, with co-founders Jahm Najafi and Jeffrey Moorad, along with vice-president Peter Taylor, visiting Goodison Park for the defeat by Southampton back in January.

However, The Athletic are tonight reporting that what they called a "complicated deal" is "dead", stating the "stumbling block being opposition from one of Everton’s existing lenders, Rights and Media Funding Limited."READ MORE: Seamus Coleman injury latest as Everton captain sets out return plan The report continues that while the club will not be receiving any cash from MSP, the investment fund are "proceeding with the £100million loan to the stadium company, although this is now just a straightforward loan and not convertible debt."

Moshiri took over Everton in February 2016. While he has poured around £750m into the club, it has struggled. The Blues currently sit bottom of the early Premier League standings after losing their opening two games of the season, 1-0 at home to Fulham and then 4-0 away to Aston Villa. Last season, they survived relegation on the final day of the campaign, while the season before, they secured their safety with one game to spare.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

EchoWhatsOn /  🏆 74. in UK

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sky Sports issue apology to Everton for 'insensitive' comments after commentators mock black armbandsEverton players and staff wore black armbands during their match against Aston Villa on Sunday
Read more »

Tory MSP pans 'unhelpful' UK Government after repeated Holyrood snubsTory MSP pans 'unhelpful' UK Government after repeated Holyrood snubsA TORY MSP has criticised the UK Government after it repeatedly snubbed a key Holyrood committee ...
Read more »

MSP objects to plans for housing development in Dumbarton FC's car parkMSP objects to plans for housing development in Dumbarton FC's car parkPlans have been submitted for nine new houses and 40 apartments.
Read more »

Sky Sports apologises for comments on Dyche clothesSky Sports apologises for comments on Dyche clothesSky Sports apologises for 'insensitive' comments made about Everton manager Sean Dyche during Everton's 4-0 defeat by Aston Villa on Sunday.
Read more »

Sky Sports apologise for 'insensitive and regrettable' jokes about Sean Dyche's tribute to construction worker who died while working on Everton's new stadium Sky Sports apologise for 'insensitive and regrettable' jokes about Sean Dyche's tribute to construction worker who died while working on Everton's new stadiumSky Sports apologise for 'insensitive and regrettable' jokes about Sean Dyche's tribute to construction worker who died while working on Everton's new stadium Sky Sports apologise for 'insensitive and regrettable' jokes about Sean Dyche's tribute to construction worker who died while working on Everton's new stadiumSky Sports have issued an apology following remarks made by commentators, after Sean Dyche paid his respects to Everton fan Michael Jones.
Read more »

James Garner shares Everton talks after Aston Villa and names preferred positionJames Garner shares Everton talks after Aston Villa and names preferred positionEXCLUSIVE: James Garner speaks to ECHO Everton reporter Chris Beesley about Everton's response to their Aston Villa thrashing and where he prefers to play
Read more »



Render Time: 2025-02-28 21:43:11