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Farhad Moshiri Increases Ownership Stake in Everton
Farhad Moshiri Increases Ownership Stake in Everton

Farhad Moshiri Increases Ownership Stake in Everton

Farhad Moshiri Increases Ownership Stake in Everton

Everton’s majority shareholder Farhad Moshiri has significantly increased his control of the Premier League club after acquiring a larger stake on Tuesday.
Iranian businessman and investor Moshiri who resides in Monaco has bought another 18.7% of Everton’s shares through Blue Heaven Holdings Ltd, AFP reported.
He already held 49.9% of Everton after selling his stake in Arsenal to take charge at Goodison Park in February 2016.
Moshiri, whose personal wealth is estimated at $1.7 billion according to Forbes, has taken his total holding to 68.6%.
“Everton Football Club today announces that major shareholder Farhad Moshiri has further committed to and increased his shareholding in the club,” an Everton statement read.
“Farhad Moshiri previously owned 49.9% of the club and in line with the agreement made at the time of his original investment, he has purchased 18.7% through Blue Heaven Holdings Ltd, giving him a total holding of 68.6%, which is expected to increase to 77.2% no later than July 2019.”
Moshiri owns and has shares in numerous steel and energy companies in the UK and Russia.

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