Alan Myers reveals fresh Everton investment update, decision due next week
Two overseas groups have made offers to Everton owner Farhad Moshiri to take a stake in the club, according to Alan Myers.
The Sky Sports journalist tweeted on 24 August that the interested parties – one of which is a North American group and the other an Asian company – are hoping their bids will be accepted within the next week.
This comes after The Athletic reported on 23 August that MSP Sports Capital has withdrawn from talks to take a 25 per cent stake in the Toffees after entering into an exclusivity agreement with the club in May.
Positive
This sounds like a positive development for all those associated with the Toffees following the worrying news that emerged on Wednesday that MSP has pulled out of the talks.
The fact two new parties have presented financial packages to Moshiri means the club’s immediate future will, hopefully, be secured if they do follow through with their plans to invest.
Owner Farhad Moshiri has been on the lookout for some extra funding for a while after it was announced the new stadium on Bramley Moore Dock would now cost £760million having previously been estimated at about £500million.
The Blues’ finances are in a mess overhaul after they have been posting huge losses for a number of years, with the BBC reporting on 22 May that they have lost £430million over the past five years.
This latest development will provide a bit of hope that there is potentially a light at the end of what has been a dark tunnel for the Toffees recently and that a healthy injection of cash could soon be coming through the door.
In other Everton news, a BBC journalist has criticised the board for the “crisis” developing at Goodison Park.