Farhad Moshiri increases stake in Everton to become club’s majority shareholder

Farhad Moshiri has increased his shareholding of Everton Football Club to become the majority shareholder. 

Everton announced that the Iranian billionaire has increased his 49.9% to 68.6%, with plans to further increase his share to 77.2% before July 2019. 

Moshiri first invested in the club in February 2016, having sold his investment in Arsenal to his business partner Alisher Usmanov, complete with an agreement that he would increase his share over time. 

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