Football Insider has been told by Kieran Maguire that the collapse of the £150m deal between MSP Sports Capital and Everton is 'not a huge surprise'.
Kieran Maguire: Farhad Moshiri told 'use your contacts book' after dramatic Everton takeover twist
It is ‘not a huge surprise’ that Everton failed to finalise a £150million investment deal from MSP Sports Capital.that Toffees owner Farhad Moshiri is now responsible for finding new funding for the club. MSP Sports Capital signed an exclusivity deal with Everton in May with the plan of investing up to £150million in convertible debt to the Merseyside club.
The funding was set to help finance the construction of Everton’s new Bramley Moore Dock Stadium, while MSP were set to be handed seats on the club’s board in exchange.late into August, leaving Everton desperately needing new investment in the coming months as they enter the final stages of their stadium construction.
Maguire believes that the club’s looming Premier League charges and sanctions against Alisher Usmanov could hold back Everton from finding suitable investors.It is not a huge surprise that Everton failed to get the deal with MSP over the lineThe club’s financial challenges have been well highlighted over recent years and the sanctions against Alisher Usmanov will not have helped either.
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