AliousAccording to football finance expert Kieran Maguire, Farhad Moshiri has received a £400 million offer for Everton following the collapse of the deal with The Friedkin Group.
However, Maguire points out that this offer doesn’t cover Everton’s existing debt, which is around £600 million.
The offer may be from the group led by Vatche Manoukian, who had previously bid a similar amount before losing out to Dan Friedkin.
This group has been suggested as the “most likely” to return to negotiations.
Maguire describes the situation as “complicated” and “messy,” noting that other interested parties might be waiting for a better deal.
He also mentions that there might be an offer from “somebody in London,” but the numbers don’t add up given Everton’s debt situation.
The collapse of the Friedkin deal was partly due to complications surrounding a £200 million-plus loan from 777 Partners through A-Cap.
There are concerns about the future of this debt and potential legal issues in the US, although 777 and A-Cap deny any wrongdoing.
The current £400 million offer is seen as insufficient, as it only covers about two-thirds of the club’s debt liabilities.
It’s unclear how such an offer would work in practice.
Moshiri is likely to be disappointed in his hopes of getting a return on his shareholding.
There are predictions of further offers, with one unnamed party believed to have a better chance of success than Manoukian’s group.
Overall, the situation remains complex and uncertain, with various financial and legal complications surrounding any potential sale of the club.
Alious
