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Everton’s takeover saga has been a long and arduous one, and yet still has no end in sight.
After all, with Dan Friedkin pulling out in his pursuit, the Toffees regressed back to square one on that particular front.
However, with every setback comes new opportunities, and as one American passes upon taking ownership, another seems set to emerge from the shadows.
Finance expert gives his verdict on Kevin Malone’s Everton interest
Speaking exclusively to Everton.News, finance expert Adam Williams gave us the lowdown on Kevin Malone’s interest in taking over Everton.
Seeking to profile the American, he combed over his record-breaking tendencies and reckless past that could worry Evertonians.
He claimed: ‘I think when we talk about Kevin Malone, it’s worth noting that the bid isn’t coming from him per se.
‘Rather, he appears to be the public face of a consortium that is exploring a takeover.
‘As we don’t know anything about the coalition, we can’t say too much at this stage.
‘What Everton need is someone with the capital to service the existing debt and, most pressingly, pay off the loan from 777 Partners in its entirety, upfront.
‘That loan and the associated legal complexities appear to be the reason that Friedkin pulled out, and any new bidder will be faced with the same issues.
‘I can’t pretend to know a huge amount of Malone himself, but he seems to historically have been quite a bombastic character, albeit one who has dedicated himself to good causes in recent years.
‘He signed the first $100m-contract player in Major League Baseball. And his record suggests that he has a habit of putting his foot in his mouth with his public comments.
‘In any case, his involvement with the LA Dodgers – who, coincidentally, are the team now co-owned by Chelsea’s Todd Boehly – was 20 years ago.
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