Five parties keen as Alan Myers shares Everton investment timeline
Sky Sports editor Alan Myers believes that new investors coming in at Everton will take time and more clarity is expected by the end of May.
Myers revealed that there are up to five parties keen on investing money into the club as Farhad Moshiri is keen on money coming in to finance the stadium.
However, early progress is not expected as these things do take up time and nothing is likely to be clearer until the end of the season.
Myers wrote on Twitter, “I wouldn’t rule anything out but what I would say is getting this kind of investment is not easy atm and takes a lot of time, back and forward discussion and thinking, I think by the end of next month we’ll know where we are.”
Makes sense
New investors will undoubtedly wait and see if the Toffees are in the Premier League before they part ways with their money.
The return on investment is certainly going to be higher if they are a top-flight team but in case they want more control for a less price then the Championship could also work.
The end goal for fans is to get Farhad Moshiri to sell his stake in the club and have someone way more competent to call the shots.
Spending money is not an issue, although, with FFP constraints, it may very well be, so Everton desperately need someone who knows how to take clubs to the next level.
777 Partners are mooted to be interested but they also may decide to walk away as they’ve been in talks with Newcastle over fresh investment and should they qualify for the Champions League, they do seem a better bet.