Few days before officially handing over, Fashid Moshiri strikes new business that has gotten Everton fans EXCITED and…….

Farhad Moshiri, the owner of Everton Football Club, has agreed to an extension on the repayment deadline of a £158 million loan from MSP Sports Capital, according to reports from iNews. This development comes as the deadline for 777 Partners to complete their takeover of the club is set to pass.

Moshiri had previously agreed to sell the club to 777 Partners, but the deal has stalled due to the company’s inability to meet the Premier League’s requirements, including repaying the loan to MSP Sports Capital. With the takeover now unlikely to proceed, Moshiri is taking steps to regain control of the club and prepare it for sale to another interested party.

The extension on the loan repayment deadline is seen as a move by Moshiri to “get his ducks in a row” and ensure the club is in a stable position before seeking a new buyer. John Textor, a potential buyer, has already expressed interest in taking over the club, and Moshiri is keen to sell as soon as possible.

The ongoing ownership saga has created uncertainty for the club, players, and fans, and Moshiri’s decision to extend the loan repayment deadline is seen as a positive step towards resolving the situation. However, until a new owner is found, the club’s plans for the summer and beyond remain uncertain.

In summary, Farhad Moshiri has agreed to an extension on the repayment deadline of a £158 million loan from MSP Sports Capital as the 777 Partners takeover deadline passes. This move is seen as a step towards regaining control of the club and preparing it for sale to another interested party, with John Textor among those expressing interest.