Everton boardroom shake-up on cards amid MSP Sports Capital investment
MSP Sports Capital could be set to introduce two new board members at Everton if they complete their investment, according to the Liverpool Echo.
The Daily Mail reported on Tuesday 23 May, that Farhad Moshiri has entered an exclusivity agreement with the US-based investment firm.
The Echo report on Wednesday 24 May that “preferential shares” mean MSP will have no voting rights afforded at boardroom level. However, if a deal is reached, they will have an element of control with potentially two new board members arriving. Furthermore, it’s understood that the new arrivals could open the door to exits at Goodison Park.
Gathering pace
Finally, after months of speculation, progress appears to have been made. MSP are tentatively laying down their stool at Goodison Park, with their initial stake likely to increase.
Farhad Moshiri desperately needs to leave Merseyside. He’s tried his hardest to provide success, but poor decisions and ill-advised investment have left the British-Iranian businessman counting his losses.
Clever decision-making is now required at the top of the club. For too long, Everton have been a laughing stock in terms of their transfer business and footballing operations.
The days of handing out huge contracts to players who are well past their best need to come to an end. Instead, more investment is required in the academy and there has to be a focus on signing players who can be developed during their time at the club.
Amadou Onana is a good example. The 21-year-old’s value has markedly increased already and he could go on to earn the club a significant sum in the future. It’s a transfer model which has to be replicated.