Moshiri dumps Arsenal shares to buy Everton stake

Everton crowd

By Mark Baber
February 29 – Everton will have a new major shareholder after Iranian-British billionaire Farhad Moshiri on Friday sold his shares in Red and White Holdings to his business partner Alisher Usmanov before it was announced on Saturday that he would be acquiring 49.9% of Everton, conditional on Premier League approval.

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