It is ‘not a huge surprise’ that Everton failed to finalise a £150million investment deal from MSP Sports Capital.
That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that Toffees owner Farhad Moshiri is now responsible for finding new funding for the club.
MSP Sports Capital signed an exclusivity deal with Everton in May with the plan of investing up to £150million in convertible debt to the Merseyside club.
The funding was set to help finance the construction of Everton’s new Bramley Moore Dock Stadium, while MSP were set to be handed seats on the club’s board in exchange.
However, the deal collapsed late into August, leaving Everton desperately needing new investment in the coming months as they enter the final stages of their stadium construction.
Maguire believes that the club’s looming Premier League charges and sanctions against Alisher Usmanov could hold back Everton from finding suitable investors.
“It is not a huge surprise that Everton failed to get the deal with MSP over the line,” Maguire told Football Insider’s Sean Fisher.
“The club’s financial challenges have been well highlighted over recent years and the sanctions against Alisher Usmanov will not have helped either.
“It is now up to Farhad Moshiri to use his contact book and his resources to persuade people to provide some funding into the club.
“How that develops over the next few months will be very important for the club.
“They also have Premier League charges hanging over their head so a degree of professionalism is required and a few good results would certainly improve the mood of fans.“
In other news, Dyche stance on Everton selling Gomes in next days revealed
