North American investors interested in Everton as MSP face competition
MSP Sports Capital aren’t the only interested firm in taking a stake in Everton with other parties from North America also eyeing up the Blues for investment, according to the Liverpool Echo.
The Echo reports that as things stand discussions with Everton from potential firms are in the explorative stage meaning nothing is set in stone yet.
The report also claims that the proposed interest from MSP in the stadium financing and a potential stake in the club would come in the form of two separate deals, something which evolved from the initial search conducted by investment banks MUFG and JP Morgan Chase.
“MSP aren’t the only interested party in acquiring a stake in Everton, it is understood, with other investors, some also from North America, seeing the opportunity,” as quoted by the Liverpool Echo. (3 February)
“The interest from MSP, which is continuing but still very much in its infancy, was easy to link to what Moshiri had claimed over stadium financing, although sources in the US have told the ECHO that the two potential deals are separate, with the financing options for the stadium having arrived through the search that was being conducted by investment banks MUFG and JP Morgan Chase.
“It would be a move that would free up some capital for Moshiri and the club and one that would allow for new ideas to arrive at board level, something that Moshiri addressed when quizzed by the FAB.
“Every part will be considered,” said Moshiri.
MSP could be perfect.
MSP have demonstrated that they are active in their investments, taking positions at a board level to influence the direction and goings on of sports teams they are involved with.
This is something that Everton desperately needs, a board and people within that have a clear vision of how to make the club successful again.
McLaren’s Formula One racing team, German side FC Augsburg, G.D. Estoril Praia in Portugal, Spain’s AD Alcorcon and Belgian side SK Beveren are some of their current investments.
MSP founder Jeff Moorad said whilst speaking to US sports business website Sportico in March of last year that they only pursue investments with operational control or significant influence.
This is something that bodes well for the Toffees and is the kind of takeover fans have been crying out for in recent weeks and months.
With the Premier League being a cash cow at this moment in time, it’s hardly surprising that other parties are interested too, however, MSP may be the best bet for Everton moving forward.