But the EFCSA say they would welcome clarification from Everton and new majority shareholder Farhad Moshiri as to the extent of the investment planned.
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Everton have named Farhad Moshiri as their new major shareholder.
Everton announced Farhad Moshiri as the club’s new major shareholder on Saturday, promising new investments in the process.
British media reports had previously suggested that Everton were in advanced talks about a takeover with American investors John Jay Moores and Charles Noell.
Chairman Bill Kenwright said in a statement from the club: “After an exhaustive search I believe we have found the flawless partner to take the club forward”.
The Toffees are 11th in the Premier League and do not have a match this weekend due to the League Cup final, as they were due to face Liverpool.
By releasing those shares Moshiri created the opportunity to move in for Everton with funds immediately available to seal a deal.
It is understood Moshiri made a decision to turn his attention to Everton after growing frustrated with a lack of influence for his money at the Emirates.
And the group have welcomed the news that Bill Kenwright will remain as chairman of the Blues.
After meeting Usmanov in the early 1990s, Moshiri became the Russian’s partner in several companies, his representative in the United Kingdom and head of Gallagher, Usmanov’s British investment company. Additional investments in United Kingdom companies, including co-ownership of USM Holding (again with Usmanov and another billionaire Andrei Skoch) have elevated his net worth to an estimated £1.2bn.
After studying at the University of London, Moshiri worked as a chartered accountant for Ernst & Young, Pannell Kerr Forster and Deloitte Touche. I think it would be a loss if we do that.
It is believed the club’s main shareholders – including Kenwright – have agreed the sale of a 75% stake required for a deal to go through.
Moshiri has bought a 49.9% stake in the club and has promised new investment – which indicates there may be even further new arrivals in the Goodison Park boardroom in the months ahead.
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The deal needs Premier League approval.
