Farhad Moshiri

Moshiri increases stake and talk of Usmanov speculation

farhad moshiriEverton majority shareholder Farhad Moshiri has increased his stake in the club, and in turn, the speculation over his friend and business partner Alisher Usmanov joining him at Goodison Park.

A club statement released on the club’s official site said that Moshiri had taken up the option as part of the deal which originally saw him buy a 49.9% stake in the club through his company, Blue Heaven.

The statement read, “Everton Football Club today announces that major shareholder Farhad Moshiri has further committed to and increased his shareholding in the Club.

“Farhad Moshiri previously owned 49.9 per cent of the Club and in line with the agreement made at the time of his original investment, he has purchased 18.7 per cent through Blue Heaven Holdings Ltd, giving him a total holding of 68.6 per cent, which is expected to increase to 77.2 per cent no later than July 2019.”

Long-term friend and business associate Alisher Usmanov has long been linked with a move to join Moshiri at Goodison Park, and as he has just sold his shares in Arsenal, this raises speculation even further given the timing of Moshiri’s increase in ownership at Everton.

The shares have been bought from Jon Woods – who will no longer sit on the board at Everton – and former board member Arthur Abercrombie.  It is believed that when he takes his further option, it will be to buy all of Bill Kewnright’s remaining shares.

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NSNO Staff

Staff Writer at NSNO.co.uk
NSNO Staff writers maintain the news on the site and ensure the site is updated frequently with the latest Everton news. Starting in 2004, NSNO has always been at the forefront of bringing you the latest Everton news and rumours, building a large forum and growing social media presence, which you can follow by clicking the links to the left.

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