Everton finally hit by positive news after £100m development – Finance Guru
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Everton
Dan Plumley has insisted that MSP Sports Capital have left Everton with one positive despite pulling out of their investment at the end of August.
The Daily Mail reported on 24 August that despite dropping out of investment, a straight £100million loan would be handed to the Everton Stadium Development Co for Bramley-Moore Dock.
The finance expert admitted it was an interesting play, with some goodwill likely still between the two parties despite zero success in their other negotiations.
take that as a small positive in the bigger picture of the story,” he exclusively told Goodison News.
“That stands to reason with some of the reports we’re seeing because by doing that, you are separating that from the football club at the minute, in terms of the overall finances over time of purchasing that club outright.
“It’s an interesting play, it suggests that there is some goodwill there or some reason to want to be in and around it.
It does separate the transaction at the minute, and you can class that as a small positive moving forward.”
Farhad Moshiri is already said to be scrambling to find other investment for Everton, but at least he can rest easy on the new stadium front, with Bramley-Moore Dock seemingly covered for now.