Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

 

MSP Sports Capital

Status
Not open for further replies.
20230514_170631.webp
 
Absolutely mental that a shady funding company who's backer identity is not publicly available can put a halt to any sort of investment in Everton.

Especially when they have no actual investment in the club and their loan agreements are on ticket revenue and TV money.

Absolutely mental. A complete shambles.
 

Just read something in the Echo that states that MSP won't be investing in Everton. If this is true, then we're in bigger #### than what we think. I've a feeling Kenwright will still be at Everton when we move to the new stadium.
 

There was a capital call for the second tranche of the MSP investment made last week. £90 million was committed in this call. This tranche was not supposed to happen until Spring of 2024.

It appears the current ownership group cannot meet their funding deadlines on the stadium build.

We have not heard at our lowly level that the purchase is off. The original intent was always for a compete takeover of the club after an initial 45% stake and board control. This week’s new cash injection would have represented the second of three capital injections to happen over three years.
 
Because of the state of flux we are in. If the stadium is finished that's one less issue an investor has to worry about. The facts of how much income we are taking opposed to the projected figures make things a little more certain. We also have a court case hanging above us and the fanbase is one touchpaper from being a huge fireball.

As per Mike Ashley If you get to a point where the books are balancing and your hands are not tied in terms of P&S then it all helps. We are a year or two from getting to that stage.

So if we don’t spend another year or two, and somehow stay up, we are back at 0 and can actually spend? (If we stay up and have money)
 

Status
Not open for further replies.

Welcome to GrandOldTeam

Get involved. Registration is simple and free.

Back
Top