MSP Sports Capital are reportedly close to an agreement with Everton over investing into the club.
Everton's Premier League rivals, Tottenham Hotspur, have been name-checked as a potential option for MSP Sports Capital with the Financial Times reporting that they were set to approach the north London side with an offer for 70% of the club. It has been claimed that Spurs owners Joe Lewis and Daniel Levy were expecting a bid for Spurs with MSP chairman Jahm Najafi reportedly keen on a move.
Now, The Times reports that a deal to provide investment with Everton in order to help finance the club's new stadium is 'close'. Everton have been struggling financially and had to sell Anthony Gordon in January to comply with financial fair play rules and let Richarlison go to Spurs last summer for the same reason.
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MSP Sports Capital describe themselves on their website as 'Forging the Future of Sports Investing'. "We invest in sports teams, leagues, and businesses in the sports ecosystem that are pursuing ambitious, challenging tasks," it says.
"We focus on opportunities where our deep expertise and elite network of principals add value. "Our principals have over 65 years’ experience building companies, forging partnerships, and evolving the operations within the global sports industry.
"The strength of our network and experience is unmatched, with our partners generating over $2billion of value over 20+ years. At MSP Sports Capital, we use our past success and a hands-on approach to uncover the most unique and valuable opportunities."
Najafi, who has a reported net worth of around £2.9billion, is a vice-chairman of the NBA side Phoenix Suns and is involved with McLaren Racing F1 team. Iranian-American businessman Najafi also runs Najafi Companies, his primary source of income, a private equity firm that has been running since 2002.
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