MSP Sports Capital could yet come back to the table with a takeover bid for Everton as a deal with 777 Partners teeters on the brink of collapse.
The American investment firm, as first reported by Bloomberg, is understood to be considering whether a takeover bid for the Toffees is viable after the planned acquisition of the club by 777 Partners has run into serious trouble.
Everton owner Farhad Moshiri met with 777 Partners co-founder Josh Wander in London earlier this week in a bid to gain some clarity on the Miami-based group’s ability to proceed with an agreed purchase of the club after allegations of fraud were made in civil court filings in New York.
Those allegations, the latest in a string of claims over unpaid debts by the firm and its subsidiaries, were on this occasion brought by London-based Leadenhall Capital in relation to financing provided by the firm to 777 where it was claimed they used collateral that either “did not exist” or was not owned by Wander’s entities.
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That, which arrived in the same week as it emerged that players of Belgian side Standard Liege, a club part of 777’s football portfolio, were alleged not to have been paid this month, led Moshiri to seek talks with 777, confirmed by sources, with the wantaway Everton majority shareholder on the brink of calling off the deal that was agreed back in September but was held up through a lack of approval from the Premier League.
In March, the Premier League granted conditional approval to 777 to take over, provided that four caveats were met. Those were: that 777 loans to the
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