Farhad Moshiri's turbulent reign is coming to an end
Farhad Moshiri’s turbulent reign is coming to an endNorthern Football CorrespondentEverton owner Farhad Moshiri has confirmed a £500m agreement with 777 Partners for a full takeover of the club – with the hope of completing the buy out by the end of the year.
The buy out will need to go through the Premier League’s directors and owners test before completion but Everton want the deal to be passed “by the end of the quarter”. “As a result of this agreement, we have an experienced and well-connected investor in football clubs who will help maximise the commercial opportunities, and we have secured the complete financing for our new stadium, which will be the critical element in the future success of Everton. Today is an important next step in the successful development of Everton and I look forward to closely following as our Club goes from strength to strength.
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