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Farhad Moshiri’s investment in Everton approved by Premier League

9 Mar

Billionaire Farhad Moshiri’s investment in Everton has been approved by the Premier League, the club have announced.



The 60-year-old, whose personal wealth is estimated at £1.3billion according to American business magazine Forbes, has been given the go-ahead to complete the purchase of a 49.9 per cent stake in the Merseyside club.

An Everton statement read: “Everton Football Club has today received notification that the proposed investment into the club by Farhad Moshiri has been approved by the Premier League.”

The Toffees announced the Iran-born Briton’s new investment late last month and he could now attend Saturday’s FA Cup quarter-final with Chelsea at Stamford Bridge.

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