Everton valued at £477m as key MSP Sport Capital news could change boardroom
A £477million valuation of Everton has been referenced, with the club said to be on the verge of an investment deal, as reported by the Liverpool Echo.
MSP Sports Capital, based in New York, and Miami investment fund 777 Partners are thought to be the front runners, with the former in the driving seat to secure a deal.
Once the minority purchase of the club is completed, it is expected that it will include changes to the boardroom with the new investors literally wanting a seat at the table.
The race for a stake at Goodison sees the respective parties at different stages, as outlined below.
“While there has been interest from 777 Partners, owners of Genoa, Hertha Berlin, Standard Liege and Vasco da Gama, and talks have been held with Farhad Moshiri’s representatives, it is understood that MSP remain in the most advanced position when it comes to making an investment into the club,” stated the report.
“Jahm Najafi, Jeff Moorad and MSP vice-president Peter Taylor all visited Goodison Park for the defeat by Southampton in January as well as taking in the stadium build at Bramley-Moore Dock.”
Final outcome
As stated by the Echo, MSP has a significant presence in the boardroom on their list of demands if a deal is to be closed. It is said to form a key aspect of their decision-making process regarding investments.
A deal could even be finalised by the end of the season, but given what is at stake on the pitch, and the uncertainty that is ongoing, surely that will have an crucial impact on the negotiations?
The £477m valuation from US sports business website Sportico saw Everton coming in at number 34, in between RB Leipzig and FC Porto.
Their formula is said to include factors such as recent revenues, team-specific multiples related to player sales, market, branding, on-field performance, and other metrics, whilst it also factored in the potential of relegation.
The final outcome on the pitch is just a matter of weeks away, with investment negotiations likely to be not too far behind.
In other Everton news, a finance expert claims that the club will break this record in the event of relegation amid a £312m reveal.