Cash-strapped Everton are talking to new potential investors after their finances took another hit on Wednesday with MSP Sports Capital withdrawing from exclusivity talks about taking a 25 per cent stake in the Merseyside club.
The American investment group, whose co-founders Jahm Najafi and Jeffrey Moorad have attended matches at Goodison Park, signed an exclusivity agreement with Everton earlier this summer and aimed to make an £150million investment in the club.
But that complicated deal, which included two thirds of the investment going towards owner Farhad Moshiri’s subsidiary company Everton Stadium Development Co, is now dead after an existing lender thought the deal would not see the club receive enough cash in return for equity.