Football Insider sources have revealed that Everton is engaged in ongoing discussions regarding potential investment, but a takeover deal is not imminent.
Farhad Moshiri, the current owner of the Toffees, is in negotiations with two US-based companies, exploring the possibilities of a minority stake acquisition as well as a full takeover. Contrary to recent reports, Football Insider has learned that the notion of Miami-based 777 Partners finalizing a deal is inaccurate.
Sources closely associated with the Miami group have dismissed these claims as “premature.” 777 Partners aims to include Everton in their investment portfolio, which already includes several football clubs such as Genoa, Sevilla, and Standard Liege. However, it is important to note that MSP Sports Capital, a New York-based group, is also actively involved in discussions with Moshiri.
In January, Jahm Najafi, the co-founder and chairman of the group, along with co-founder and CEO Jeff Moorad and vice-president Pete Taylor, attended Everton’s 2-1 defeat to Southampton at Goodison Park. There is a possibility that they might increase their stakes in FC Augsburg, AD Alcorcon, GD Estoril, and SK Beveren through investment in Everton. The club is actively seeking additional funding to support the completion of the Bramley Moore Dock stadium project, which is estimated to cost £760m according to Moshiri.
However, discussions regarding investment are likely being delayed due to the ongoing battle against relegation from the Premier League, which can impact the valuation. When asked about potential investment, manager Sean Dyche stated during a press conference, “Mr. Moshiri mentioned earlier that he was seeking further investment, and that’s how it stands. I don’t need to know anything until I need to know, and currently, it’s not necessary.”