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Everton Talks New Investment

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Everton, currently 19th in the Premier League, are in talks with MSP Sports Capital and 777 Partners over new investment into the club. This comes after owner Farhad Moshiri told the fans’ advisory board that he had been talking to “top investors of real quality”. The investment is for the club’s new stadium on Bramley Moore Dock, which is estimated to cost around £760m and is scheduled to be completed in time for the 2024-25 season. British-Iranian businessman Moshiri has said he is looking to “bridge the gap” by bringing in “more expertise in terms of global sponsorship and commercial development” through specialist sport investors. Senior figures from MSP, including Iranian-American billionaire chairman Jahm Najafi, attended Everton’s 2-1 home defeat by Southampton on 14 January and it is understood they will likely expect representation in the boardroom if they do invest in the club. MSP Sports Capital have been linked with a takeover of Tottenham in February and already own stakes in a number of European clubs including Augsburg in Germany, Alcorcon in Spain, Portuguese club Estoril and Beveren in Belgium. 777 Partners have also invested in numerous clubs in Europe including Spanish Europa League semi-finalists Sevilla and Bundesliga side Hertha Berlin, as well as owning Serie A club Genoa and Belgium’s Standard Liege. A full takeover has not been ruled out with sources suggesting “anything could be on the table” if talks progress when parties sit down for discussions.

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