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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

MSP Sports Capital chief hints at future plans as Everton edge closer to potential takeover

Come 6pm on Sunday, Everton will know their Premier League fate.

What happens this coming weekend will also be impactful as to what direction the football club takes off the field in the coming years, with Toffees owner Farhad Moshiri reportedly having reached non-binding agreements, with caveats attached, with two American investment firms; 777 Partners and MSP Sports Capital. Sky Sports reported on Monday that the latter have now entered into an exclusivity agreement with Moshiri in order to progress talks and conduct due diligence on an investment deal.

The details of any deal are unclear at this point, although the most obvious caveat to any deal progressing relates to whether or not Everton will be participating in the world’s most lucrative domestic football league next season, or whether they will suffer the dreaded drop into the Championship where revenues, even with parachute payments, fall off something of a financial cliff edge.

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