Everton takeover: MSP could now complete full buy-out – Keith Wyness
Everton’s former chief Keith Wyness has suggested MSP Capital could look to turn a quick profit by buying the club outright.
Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – suggested the UK-based investors will be able to sell at a boosted valuation in 2025 when the new Bramley-Moore Dock stadium opens.
Current Everton owner Farhad Moshiri has confirmed the club are now exploring “alternative scenarios” as 777 Partners’ bid to buy the club drags on.
MSP have loaned Everton £158million to fund the stadium and would be entitled to a majority share in the Merseysiders if they default on that agreement.
They previously entered an exclusivity agreement with Moshiri over buying the club outright, but talks fell through.
MSP Capital could look to turn quick profit at Everton, says Wyness
Everton will remain in the Premier League for the 2024-25 campaign ahead of the opening of their new state-of-the-art stadium next year.
Wyness told Football Insider‘s Insider Track podcast: “It does seem that MSP would prefer to be short-term holders.
“They’re very good operators with a very good history.
“I’ve dealt with them previously with another club in Spain, so I’ve had a limited experience with them.
“But still, they were very professional and very clear thinkers about how they wanted to move forward.
“I think they may well step in for a season.
“Then with the new stadium opening in 2025, they will be able to sell at a better price because those revenue streams will be in place.
“MSP may see that as the best play for them. There’s no doubt that they have the resources to do that.”
In other news, Everton will accept £50million star man offer as Euro giants swoop.
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