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Everton are being offered a lifeline with two US sides considering buying the club as a deal with controversial US firm 777 nears collapse – but they are STILL set to head into administration


  • Attempts by the investment company 777 to buy the club practically failed
  • Two Merseyside businessmen are believed to be ready to acquire a stake in the club
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Two potential US buyers are exploring a takeover of Everton following the virtual collapse of Miami investment firm 777 to buy the club.

One of the interested parties is likely to be investment firm MSP Sports Capital, which loaned the club money to finance the new Bramley-Moore Dock stadium and considered investing in Everton last year before talks collapsed without a deal.

Headed by former agent and baseball franchise owner Jeff Moorad, MSP has investments including stakes in the McLaren Formula One team and European soccer clubs Brondby in Denmark, Augsburg in Germany and Estoril in Portugal.

Two Merseyside businessmen, Andy Bell and George Downing, are also believed to be ready to take a stake in the club by waiving millions owed in loans.

But Everton still face the prospect of heading into administration – with a nine-point deduction – as buying the club from the administrators would mean their significant debts would be settled by insolvency experts, making the resulting deal more financially attractive.

777 Partners’ attempts to buy Everton have virtually collapsed – pictured: Josh Wander, 777 CEO

One interested party is likely to be MSP Sports Capital, which loaned the club money to finance the new Bramley-Moore Dock stadium.

Everton are still looking at the prospect of administration and another nine-point deduction

Everton are still looking at the prospect of administration and another nine-point deduction

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Everton’s leading financial analyst The Esk said: ‘From a commercial point of view, any new owner taking the club out of administration would reduce the money they spend on the club and reduce debt.’

Administration is considered unlikely to come in this season as the club have the money to see things through until the end of the campaign, a week on Sunday.

Remarkably, the club could survive another nine-point penalty this season – in addition to six points for overspending – if they beat Sheffield United on Saturday and Luton fail to win at West Ham.

Everton have appealed against the second of their points deduction – earning them two more points – and will know before their final game of the season at Arsenal kicks off whether they have won or lost that legal battle. If they go into administration this summer, they will start next season with -9 points.



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