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US rivals in Everton bid

The American investment company, 777 Partners, have firmed up their interest in Everton, although the club’s owner, Farhad Moshiri, is continuing his negotiations with other potential investors.

The Miami-based business is understood to have made a financial offer on Wednesday, while MSP Sports Capital, whom Moshiri knows personally, have also been in advanced talks since January.

The Iranian billionaire has been seeking a final tranche of funding for Everton’s new £500 million stadium at Bramley-Moore Dock, which is under construction on the banks of the River Mersey.

The financial terms on offer from 777 Partners are unclear but are said to be for a “big percentage” of Moshiri’s 94 per cent shareholding.

Both firms are already involved in professional football with 777, who had previously suggested investing about £100 million in Everton, having interests in Hertha Berlin, Sevilla, Vasco da Gama and Standard Liege already.

MSP, whose Iranian-American chairman Jahm Najafi and chief executive Jeff Moorad attended Everton’s home defeat by Southampton in January, are aligned with Augsburg in Germany, AD Alcorcón in Spain, Portugal’s GD Estoril and Belgium’s SK Beveren. Sources said MSP remained the front-runner in a process that is not expected to be concluded imminently.


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