Soccer-Everton owner Moshiri raises stake with 100m pounds cash injection

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LIVERPOOL, England (Reuters) - Everton owner Farhad Moshiri has increased his stake in the club to 94.1% after a 100 million pounds ($135.65 million) capital injection, the Premier League club confirmed on Friday.

The club said in a statement that Moshiri has bought 33,333 more shares, representing a"capitalisation of previous loans".

In an open letter to fans, the British-Iranian businessman conceded it had been a"difficult season" for the Merseyside team who last week parted ways with manager Rafa Benitez. "I am working closely with the chairman and the Board as part of that strategic review -- and I can assure you the recruitment process for a new manager is aligned to that.

Former Everton forward Duncan Ferguson has been put in temporary charge of the first team for a second time.

 

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