Reports state, Everton is in advanced talks over a 20% sale as a potential boardroom shake-up approaches, have a look at the net worth of MSP Sports Capital and Jahm Najafi
Football Insider was told by sources that MSP Sports Capital is in advanced negotiations to buy a 20% stake in Everton.
Everton in advanced talks over 20 per cent sale as per reports
In exchange for their investment, the private equity firm with its headquarters in New York demands board representation. On the probable make-up of the Toffees’ board of directors in the wake of the planned sale, however, no definite decision has been taken.
Farhad Moshiri, the club’s current 94% owner, will continue to own the majority of the shares and provide the money necessary to finish constructing their new stadium at Bramley-Moore Dock.
What is MSP Sports Capital and chairman Jahm Najafi net worth 2023
Moshiri recently revealed that the project’s true cost is actually closer to £760 million than the first estimate of roughly £500 million. MSP grandee Jahm Najafi and his fellow investors watched the Toffees’ 1-2 loss to Southampton shortly after their interest in the team was first made public in January.
The businessman is an Iranian-American, and numerous sources have verified reports that he is worth more than £3.5 billion. In recent weeks, the business has also been connected to a £3.1 billion full takeover of Tottenham. Although it is clear that there was genuine interest in Spurs, it appears that the consortium has fully focused on Everton at this point.
MSP Sports Capital describes itself on its website as ‘Forging the Future of Sports Investing’, “We invest in sports teams, leagues, and businesses in the sports ecosystem that are pursuing ambitious, challenging tasks,” it says.
“We focus on opportunities where our deep expertise and elite network of principals add value. Our principals have over 65 years’ experience building companies, forging partnerships, and evolving the operations within global sports industry. The strength of our network and experience is unmatched, with our partners generating over $2billion of value over 20+ years.”
The firm’s chairman, partner Jahm Najafi, is described as ‘a seasoned investor who plays a critical role in developing founders and management and he is a vice chairman for the Phoenix Suns and holds the same role with McLaren while sitting on the board of the National Basketball Association as a Governor. Najafi is said to be worth around £2.9billion.
Multi-club ownership is common in European football, and MSP already owns shares in football clubs in Belgium, Germany, Spain, Portugal, and the United Kingdom. In the past, 777 Partners, a Miami-based business that also owns a number of teams throughout the world, had been linked to an attempt to purchase a stake in Everton.
Meanwhile, Everton has begun searching for a new manager in expectation of the club maintaining its Premier League status in Sunday’s final round of games. Possible successors to Sean Dyche, who was appointed at the end of January to keep the struggling Merseyside club in the division, are being screened.
Thanks to Dyche’s 18 points in 17 games, Everton leads Leicester City and Leeds United by two points with one game remaining. They will secure 17th place for the second year in a row if they overcome Bournemouth at home this weekend.