Live broadcast on August 24 News The Times reported that Everton’s financing plan was hit and American investors withdrew from the 0.15 billion pound equity trading negotiations.
Everton’s tough start of the new season deteriorated again on Wednesday, as MSP Sports pulled out of negotiations to buy a minority stake in the club Capital. The American investment group signed an exclusive agreement with Everton in May, when it hoped to acquire 25% of the club’s shares, worth 0.15 billion pounds.
Two thirds of the money will be owned by Everton stadium development company, which is supervising the construction of Everton’s new Bramley-Moore Wharf Stadium, and the rest will be owned by the club. However, the exclusive period of the deal has passed, but they will still provide a loan of 0.1 billion pounds to the stadium construction company.
It is reported that Everton boss Fahad mohiri is looking for construction funds for the stadium, which is planned to be completed next year. Everton successfully relegated on the last day of last season, but in the first two league matches, he failed to score one point and is currently at the end of upper layer in the Premier League table. Club coach Sean daych failed to make a major adjustment to the team in the summer. Only four players joined, three of whom were free transfers, including 38-year-old Ashley Young.
The club is also under investigation by an independent team to investigate that it may have violated the spending rules of the Premier League between 2018 and 2022. Everton said that they were disappointed with the decision and were ready to defend their position firmly.
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