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


FILE PHOTO: Soccer Football - Premier League - Everton v Arsenal - Goodison Park, Liverpool, Britain - December 21, 2019 Everton owner Farhad Moshiri arrives before the match REUTERS/Phil Noble

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".

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Football

Soccer-Blow for Everton as defender Patterson out for the season
Soccer-Liverpool need to show they want it more than Fulham, says Klopp
Soccer-Man Utd facing huge challenge in FA Cup semi-final, says Ten Hag
Soccer-Tuchel still leaving Bayern despite Nagelsmann news
Soccer-EFL representatives accepted scrapping FA Cup replays, FA says
Soccer-Germany manager Nagelsmann extends contract until 2026
Soccer-Man City must use Champions League pain to fuel FA Cup, league title chase, Walker says
Soccer-Tigres goalkeeper Guzman gets 11-match ban after laser incident
Soccer-West Ham's Antonio hits out at officials after Europa exit
Soccer-Exit from Europe can help Liverpool focus on league, says Klopp

Others Also Read