We use cookies to provide you with a better service. Carry on browsing if you're happy with this, or find out how to manage cookies.

7 great sport channels

Football, Rugby, UFC, GAA

All free when you join eir Broadband

Subscribe to eir Sport
Published: 18:34 | 27/2/16

Moshiri buys major Everton stake

Iranian takes 49.9 per cent share

Everton have a “new major shareholder" in the form of Farhad Moshiri, who has bought a 49.9 per cent stake in the club.

The Iranian businessman sold his stake in Arsenal to business partner Alisher Usmanov on Friday, allowing him to purchase his share in Everton, although the deal still needs to be approved by the Premier League.

Toffees chairman Bill Kenwright said: "After an exhaustive search, I believe we have found the perfect partner to take the club forward.

"I have gotten to know Farhad well over the last 18 months, and his football knowledge, financial wherewithal and true-blue spirit have convinced me that he is the right man to support Everton."

Moshiri commented: "I am delighted to take this opportunity to become a shareholder in Everton, with its rich heritage as one of Europe's leading football clubs.

"There has never been a more level playing field in the Premier League than now.

“Bill Kenwright has taught me what it means to be an Evertonian, and I look forward with excitement to working with him to help deliver success for Everton in the future."

There has been significant and widespread financial interest in Everton, including from the United States through San Diego Padres owner John Jay Moores and fellow entrepreneur Charles Noell, but Kenwright and his colleagues appear to have decided that selling a major to stake to Moshiri was the preferable option.

The London-based businessman brings with him the promise of investment in both the first-team squad and a new stadium.

Champions League Round-Up: Chelsea in six-goal thriller

21:51 | 18/10/17

Chelsea fight back to draw 3-3 in a Champions League Group C thriller against Roma at Stamford Bridge.


Champs Lg review: Tottenham claim away draw against Real Madrid

22:14 | 17/10/17

Tottenham claimed an away point against the European champions in Champions League Group H as they held Real Madrid 1-1 at the Estadio Santiago Bernabeu.


Wenger hits back at Deeney jibe

18:43 | 18/10/17

Arsenal boss Arsene Wenger defends his players after Watford striker Troy Deeney questioned their strength of character.


Rodgers wary of Bayern "bounce"

12:04 | 18/10/17

Celtic manager Brendan Rodgers is wary of a Bayern Munich "bounce" following the appointment of Jupp Heynckes.


Alonso hopes for Austin points

14:36 | 18/10/17

McLaren driver Fernando Alonso hopes his experience of the Austin track will help him secure points at Sunday's United States GP.


What’s in the eir Sport Pack?

We’ve got heartstopping action across 7 great sports channels, with 42 Premier League games, every Champions League game and every Europa League game, as well as UFC, Allianz Leagues GAA, Golf, F1 and much more.