MX23RW : Thursday, November 7 17:48:46| >> :60:2159:2159:

Everton 'reach exclusivity agreement over MSP Sports Capital investment'

Everton 'reach exclusivity agreement over MSP investment'
© Reuters
Everton reportedly reach an exclusivity agreement with MSP Sports Capital, who are looking to invest in the Merseyside club.

Everton have reportedly entered an exclusivity agreement with MSP Sports Capital over potential investment.

Farhad Moshiri, who owns a 94% stake in the Toffees, revealed in January that he was looking to bring investment into the Merseyside club.

Speaking at Everton's Fan Advisory Board, Moshiri said: "The club is not for sale but I've been talking to top investors, real quality, to bridge a gap on the stadium finance.

"I can do it (finance the new stadium) myself but the reason I want to do it is to bring top sport investors into Everton - for some of the reasons the fans want: improvement, more talent."

MSP Sports Capital and 777 Partners are among the companies that have been in the running for a minority investment in the Toffees.

Everton owner Farhad Moshiri arrives before the match on December 21, 2019© Reuters

According to BBC Sport, New York-based firm MSP Sports Capital have now moved ahead of 777 Partners after they entered an exclusivity agreement for investment in the club.

The report claims that talks over funding are progressing, but there is still work to be done before a deal can be completed.

MSP already have stakes in Bundesliga outfit Augsburg, Estoril of Portugal, Brondby in Denmark and Spanish third-tier side Alcorcon.

Their chairman, Jahm Najafi, is also the vice-chairman of McLaren Racing and a minority owner of the NBA franchise Phoenix Suns.

Everton manager Sean Dyche pictured on April 27, 2023© Reuters

There has been speculation that a deal could be wrapped up before the end of the week, but any potential deal is unlikely to be agreed until Everton's Premier League fate is decided.

Sitting just outside the relegation zone in 17th position, Everton are currently at risk of being relegated from the top flight for the first since 1951.

Leicester City's goalless away draw with Newcastle United ensures that the Toffees head into the final weekend of the season with their destiny in their own hands.

Sean Dyche's side are two points clear of Leicester City and Leeds United, who occupy 18th and 19th position respectively.

Should the final day go down to goal difference, the Toffees would have the advantage over Leeds, but they are six goals worse off than Leicester.

ID:514461:1false2false3false:QQ:: from db desktop :LenBod:collect3774:

Click here for more stories about Farhad Moshiri

Click here for more stories about Everton

Collect / Create New Data
Share this article now:
Everton chairman Bill Kenwright and owner Farhad Moshiri arrive before the match on December 21, 2019
Read Next:
Everton's board of directors 'absent from Arsenal victory'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool108111961325
2Manchester CityMan City1072121111023
3Nottingham ForestNott'm Forest10541147719
4Chelsea105322012818
5Arsenal105321711618
6Aston Villa105321715218
7Tottenham HotspurSpurs1051422111116
8Brighton & Hove AlbionBrighton104421714316
9Fulham104331413115
10Bournemouth104331312115
11Newcastle UnitedNewcastle104331010015
12Brentford104151920-113
13Manchester UnitedMan Utd10334912-312
14West Ham UnitedWest Ham103251319-611
15Leicester CityLeicester102441418-410
16Everton102351017-79
17Crystal Palace10145813-57
18Ipswich TownIpswich100551021-115
19Southampton10118719-124
20Wolverhampton WanderersWolves100371427-133


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!