Bidders seeking to take control of Everton have been left unsure what is governing Farhad Moshiri's thought process and what his timeline is as they wait for updates from the majority shareholder
A cloud of uncertainty hangs over the future of Everton as bidders for the club wait on Farhad Moshiri’s next move.
Moshiri’s search for an escape route from Everton is now in its third summer following the collapse of the deal that would have seen 777 Partners gain control of the club. The US consortium was the third party to reach an exclusivity agreement with the businessman - but all three have fallen through.
All three submissions were made last week during a period when some held the belief Moshiri planned to make a quick decision on his favoured bid. Instead they are all waiting on his call, with some left concerned by what has been described as a lack of information on the timeframe Moshiri is working towards. Some contacts said they had struggled to get a response across recent days as bidders have sought clarity on the state of play.
The extent and apparent credibility of the interest has given Moshiri plenty to consider. His decision-making process has also been made more complex due to the fact so many interested parties already have their fortunes entwined with Everton. Bell and Downing are existing creditors to the club who have been part of the conversation around its future for more than a year. Their involvement was first mooted as part of the MSP Sports Capital deal that fell through last summer.
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