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Everton takeover now down to bookkeeping at Goodison Park amid MSP development
The potential new takeover at Everton by MSP Sports Capital is “very likely to be completed” and could very well depend on some bookkeeping at Goodison Park, according to journalist Paul Brown.
The Daily Mail reported on Tuesday 23 May, that Farhad Moshiri has entered an exclusivity agreement with the US-based investment firm ahead of a 25% takeover.
The New York-based firm moved ahead of 777 Partners in the bid for the Merseyside outfit, with Moshiri looking to raise funds at Goodison Park and to secure funding for their new Bramley Moore Dock Stadium after costs increased from around £500m to £760m [Daily Mail, 22 May].
And according to Brown “all indications” point to the MSP Sports Capital takeover being completed and the only way it will be halted is if they find some irregularities in the books at Goodison Park.
Speaking to GiveMeSport [25 May], he said: “As far as I’m told, it’s a deal very likely to be completed. It all depends if they find something in the books they don’t like, or if the talks don’t go well for some other reason, it could still be a problem. But all the indications are that this deal will go through.”
Don’t hold breath
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Given all the controversies surrounding Moshiri and the Everton board at Goodison Park, the Toffees faithful simply won’t be holding their breath regarding any takeover talks.
Things are certainly looking promising surrounding MSP and their 25% takeover, meaning the club could well be seeing a new era emerging in the blue half of Merseyside.
What is MSP do find some irregularities in the books? So many stories have arisen surrounding Everton finances and even the possibility of administration should they suffer relegation.
Also, the news of the FFP investigation won’t have helped the club’s image also, and that’s down to Moshiri and his continued incompetence in running the club.
It’s evidently clear he needs help, especially with the Bramley Moor Dock new stadium still in development and the costs increasing rapidly, that’s where MSP come in and the Everton fans will be hoping the takeover also breeds new funds for player recruitment, especially if they secure their Premier League status.
Things are looking on the up after another tumultuous campaign, but the Everton fans won’t be holding their breath right now until any sort of takeover has been made plainly official.