Everton takeover: Kieran Maguire drops stinging verdict after yet another twist

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Everton takeover: Kieran Maguire drops stinging verdict after yet another twist
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The “motivations” and “desire” of MSP Sports Capital are a concern as they inch closer to taking majority control at Everton.that the governance and control at Everton has been “amateurish” which has left the club’s future ownership up in the air.

777 Partners are still working towards completing a takeover at Goodison Park after striking a £500million deal with Farhad Moshiri back in September. The Premier League are ‘minded to approve’ their deal if they repay the club’s loans – including a £160million loan deal with MSP Sports Capital. That particular agreement is secured against 51 percent of Moshiri’s stake, meaning MSP Sports Capital will take majority control of the club if it is not repaid by the deadline., 777 Partners have secured a last-gasp extension to the loan repayment deadline that pushes it back by “weeks”.

Maguire believes the situation with MSP is “another sorry tale” derived from the poor senior-level management at Everton.Given the amateurish way that Everton have been managed at senior level in recent years, I suspect fans will probably see MSP as a more positive alternative than Moshiri or 777 Partners

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