Sky Sports reveal one-word update from source after Everton investment development
Everton remain in talks for fresh investment after a deal with MSP collapsed, according to Sky Sports News.
The broadcaster reported via their live transfer blog on Wednesday (23 August, 7:40pm) that the New York-based company are no longer buying a stake of the Blues after previously entering a period of exclusivity with Farhad Moshiri.
However, it is understood that the exclusivity deal has now expired.
Sky Sports reports that they’ve been told by one source that discussions for investment are still “ongoing”.
Have MSP invested in Everton?
It’s been a long time since we’ve had a concrete update on MSP’s bid to buy into Everton Football Club.
And now, an update has arrived. But the news is bad, unfortunately.
It remains to be seen why Moshiri has failed to acquire an investment at Goodison Park that should help him pay for the construction of the new stadium at Bramley-Moore Dock.
He’s desperate for the cash after Alisher Usmanov was sanctioned by the UK government so it seems like there’s more likely to be an issue at the MSP end rather than here on Merseyside.
Of course, it wouldn’t surprise us if Moshiri is to blame for this though because of how he’s overseen Everton’s demise over the last few years.
With the transfer window closing in just over a week, it looks unlikely that there’ll be investment made at Everton before the deadline passes on 1 September.
While the main focus of the investment is to raise cash for the new stadium, this failure in talks with MSP is likely to have a knock-on effect with transfers as the club won’t be as freed up to spend now.
In other Everton news, talks have reportedly started with another company.