Everton owner Farhad Moshiri in talks with two US-based investment groups


Everton owner Farhad Moshiri in talks with two US-based investment groups – Getty Images/Chris Brunskill

Everton manager Sean Dyche says the club’s final two league games take priority over any looming investment talk amid the ongoing expectation of a summer of change at Goodison.

Majority shareholder Farhad Moshiri has been in talks with two US-based investment groups, MSP Sports Capital and 777 Football Group, regarding a much-needed injection of fresh capital.

MSP Sports Capital have long been considered the frontrunners since their executives attended the Premier League fixture between Everton and Southampton at Goodison Park in January.

Moshiri is a friend of MSM’s co-founder, the American-Iranian businessman Jahm Najafi.  Najafi is vice-chairman of McLaren Racing.

Miami-based 777 has firmed up initial interest in recent days, although club sources have indicated a full takeover is not imminent.

Moshiri has publicly said he is looking for a minority partner and at this stage it is unclear how much of a stake he is prepared to offload to raise funds.

A sale of 25 percent of Everton for around £150 million, for example, would assist Moshiri in the ongoing costs of the club’s dockside stadium. That would enable Moshiri to maintain control while inviting the expertise of the new partner into the boardroom.

The 777 group is understood to be keen to grow its portfolio of football clubs which includes the Italian side Genoa, Sevilla in La Liga, Standard Liege of Belgium, Brazil’s Vasco da Gama and Australia’s Melbourne Victory. In March, 777 became ‘strategic partners’ at Hertha Berlin in Germany.

For Dyche, however,  six points takes precedence as he leads his side to Wolverhampton Wanderers this weekend desperate to ensure Everton’s fate remains in their own hands.

“The immediacy is what is going on now with the team. That is the immediacy,” said Dyche.

“ The other stuff, I can’t govern what is going on there. It’s a longer story. Until anything changes, I don’t know any different.

“I will continue with what we have got and what we are looking to achieve in the next two games. Beyond that is a different matter. Mr Moshiri went out and said he was looking for investment – he has been, clearly.”

Dyche said his conversations with Moshiri have been exclusively football related.

“There have been a few messages, a couple of phone calls here and there,” he said.

“He just gives support, really. He wished us well before one game here, told us we had played well. He asks about injuries, he’s worried about the players, asking how they are – that kind of dialogue. There is nothing about anything bigger than that, certainly not investors. That’s certainly nothing I can control.”

Everton striker Dominic Calvert-Lewin is expected to be fit for the weekend.

Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month, then enjoy 1 year for just $9 with our US-exclusive offer.



Source link: https://sports.yahoo.com/everton-owner-farhad-moshiri-talks-191608887.html?src=rss

Sponsors

spot_img

Latest

Cardano’s ADA Barely Reacts Despite Robinhood Dump Fears

The SEC’s recent enforcement actions are taking a toll on U.S. crypto businesses. Robinhood has been...

Robinhood Lays Off 7% Staff After It Delists Cardano, Solana, Polygon

The SEC’s lawsuit against major exchanges has sparked turmoil in the crypto industry.  Regulatory pressure is...

Coach Patrick Mouratoglou defends Holger Rune’s personality from harsh criticism

Coach Patrick Mouratoglou has come to Holger Rune's defense, insisting the 20-year-old is actually great for the game. Rune, who is enjoying...

Sergiy Stakhovsky rips Aryna Sabalenka: ‘Empty words’

Former Ukrainian tennis star Sergiy Stakhovsky called out Aryna Sabalenka on Twitter, accusing the Belarusian tennis star of dropping "empty words." This...

Bitfinex Report Points To Early Signs Of Bull Market

Bitfinex, one of the world’s leading cryptocurrency exchanges, has released a report indicating that Bitcoin (BTC) has been sold in profit since its...