Everton owner Moshiri increases stake in club | Malay Mail

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LONDON, Jan 21 — Everton owner Farhad Moshiri has ploughed another £100 million (RM568 million) into the struggling Premier League club, taking his stake to 94 per cent, it was announced today. The British-Iranian businessman, who has already spent over half-a-billion pounds on transfers since...

LONDON, Jan 21 — Everton owner Farhad Moshiri has ploughed another £100 million into the struggling Premier League club, taking his stake to 94 per cent, it was announced today.

It will give a much-needed boost to Everton’s finances, with the club posting a combined £265 million loss for the past three financial years. “I write to you to assure you that my commitment remains strong and focused,” Moshiri said in a letter to fans. “I am a private man and I do not speak publicly very often. But I promise you that my determination to deliver for Everton will not waver.”Former England internationals Wayne Rooney and Frank Lampard and Italy’s 2006 World Cup winning captain Fabio Cannavaro have been linked with the job on a permanent basis.

 

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