Farhad Moshiri

Everton receive immediate 10-point deduction for breach of Premier League financial rules

Everton have announced that Friedkin Group has reached an agreement with its Majority stakeholder, Farhad Moshiri, to acquire its 94% share of the Premier League club, Afrosport reports. The announcement comes barely two months after Friedkin Group surprisingly abandoned its plans to buy a majority stake in the Merseyside club despite it being granted a period of exclusivity. The Friedkin Group, which also owns Italian outfit,...

Premier League: American investment firm agrees deal to acquire Everton

by Ibikunle Salako

15 September 2023

Premier League side Everton will be acquired by American private investment firm 777 Partners after majority shareholder Farhad Moshiri agreed to sell his 94.1% stake in the club. The sale, which is expected to be completed by the end of the year pending approval from the Premier League, Football Association, and Financial Conduct Authority, will see Moshiri’s tenure end as the majority owner of the Toffees...

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Premier League: Friedkin Group completes 94% takeover of Everton

Premier League: American investment firm agrees deal to acquire Everton

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