Kieran Maguire suggests Everton ‘big boost’ after ‘serious’ £760m takeover news
Minority investors could help to balance the ‘dysfunctional’ board at Everton and help to finance their stadium construction.
That is the opinion of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the two options for minority investment at Goodison Park.
New York-based investment firm MSP Capital Partners and Miami-based 777 Partners retain a ‘serious interest’ in buying a minority stake in Everton regardless of relegation this season, according to i News.
The Toffees find themselves in the relegation zone with just six games remaining this season, but the club still has two offers of investment on the table.
The club is currently financing the construction of their new Bramley Moore Dock Stadium, with owner Farhad Moshiri claiming it could end up costing the club as much as £760million.
Maguire believes minority investment could be crucial in helping to fund the stadium project while also adding some more experience and new ideas to the boardroom.
“If either MSP or 777 do end up with a minority stake at Everton, it could be beneficial in two ways,” Maguire told Football Insider.
“First of all, a capital injection would be a big boost assuming that the club issues new shares as opposed to Farhad Moshiri selling some of his existing shares.
“That would help in terms of the ongoing cost issues in regard to the stadium construction at Bramley Moore Dock.
“Secondly, if it was a significant minority stake, you’d expect that the new shareholders would want a place on the board.
“What Everton have at present is a dysfunctional board. Experience, new ideas and more strategic thinking would be welcomed.“
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