News Formal

MSP investment talks with Everton collapse

  • 📰 BBCMOTD
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 103. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MSP Sports Capital withdraw from investment talks into Everton, claims reportA report this evening has stated that MSP Sports Capital have ended talks over buying a minority stake in Everton
Source: EchoWhatsOn - 🏆 74. / 59 Read more »

Everton's investment blow hit amid FFP allegations, action and Gnonto interestEverton were hoping to secure new investment from MSP Sports Capital but that deal is dead in the water
Source: leedslivenews - 🏆 118. / 51 Read more »