Talks between cash-strapped Everton and potential investment from MSP Sports Capital collapse in a huge blow to the Toffees.
Everton and New York-based company MSP hadBBC Sport understands Everton remain in discussions with other parties over potential investment in the club.
MSP was believed to be looking for a 25% stake with a preferential share structure, not equity in the club, so would be paid back in interest. However, talks with 777 did not progress as the company was not prepared to pay a "significant" price owing to the debt on the balance sheet - which stood at £141.7m in the latest club accounts.the club was "not for sale" but he had been talking to "top investors of real quality".
Toffees fans held protests before some home games last season and called for Moshiri and the board to leave the club.
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