White smoke could emerge amid MSP Sports Capital Everton investment talks
Hopes are growing that “white smoke” could soon appear in relation to MSP Sports Capital’s investment in Everton, according to The Liverpool Echo.
It’s believed negotiations are currently in a period of exclusivity and that they are now reaching the closing stages (Echo, 22 June).
MSP are set to take a 25 per cent stake for £100million, with potential boardroom additions expected to follow.
The deal will provide Farhad Moshiri with £150million of loans that can be converted into equity, meaning his 94 per cent shareholding could be diluted by more than 50 per cent.
About time
It feels as if these negotiations have been going on for a long time.
Moshiri’s reign needs to come to an end – and fast.
Hopefully, this investment from MSP is the beginning of the end for Everton’s majority shareholder. His cavalier and rash approach to running a football club has resulted in the Toffees’ downfall in recent years.
And, unless he relinquishes power, it’s hard to see Everton avoiding a similar fate again next season. After two consecutive battles against relegation, they won’t be so lucky next time.
Sean Dyche needs backing and, for once, sensible decisions on transfers need to be made. The board have tried to be far too fancy over the years when it comes to bringing players to Goodison Park.
Younger players need to be targeted. Ones who can be developed and turned into assets. Amadou Onana has been the shining light for Everton over the course of the season. The midfielder is now the Toffees’ most valuable player.