It is a saga that has been rumbling on for some months but it finally looks as if Everton are close to securing the finance needed to rubber stamp the club’s move to its new home on the banks of the River Mersey.
Farhad Moshiri and his representatives have been in advanced negotiations with interested parties in recent weeks, with American firms MSP Sports Capital and 777 Partners the two most prominent.
It is the former that is in the box seat to provide investment for the stadium, with New York-based MSP having signed an exclusivity agreement with Moshiri on Monday, a move that allows them to now continue negotiations without the fear of Moshiri being able to speak to other potential investors.