MSP have raised £130 mill from a pool of 13 investors in investment and have registered a newly-formed company, MSP EFC Investors LC.
A SEC ‘Form D’ has been filed and is a considerable development and points to the announcement of a deal being imminent. A Form D must be filed within 15 days of the sale of securities with the date of first sale being the date on which the investor is ‘irrevocably contractually committed to invest’. Moorad was the signatory on the Form D, with MSP EFC Investors GP LLC, MSP Sports Advisors LLC, Najafi and Moorad all named as related parties.
MSP are closing in on an investment deal with Everton owner Farhad Moshiri
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This link mentions the investment may be used in part to fund transfers:
Everton have appointed a new CEO and CFO while Bill Kenwright will remain as chairman
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