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“Shocking Revelation”- Finance Expert Exposes Farhad Moshiri’s Massive Loss in Everton Takeover After £750m Investment
Kieran Maguire believes that Farhad Moshiri has lost 95% of his investment in Everton following The Friedkin Group’s takeover.
Moshiri, who was the majority shareholder, handed over control of the club to TFG on December 19, ending his eight-year controversial ownership at Goodison Park.
However, Moshiri’s efforts deserve recognition, especially after football finance expert Maguire outlined how much the British-Iranian billionaire stands to lose from his £750 million investment in Everton during an appearance on The Price is Football podcast on December 24.
Maguire stated: “Farhad Moshiri, who invested £750 million in various forms into Everton, will likely walk away with less than £50 million. He might get £20 or £30 million more if Everton wins some trophies. There could be step-ups and add-ons to that. But ultimately, he’ll have lost 95% of his investment in the club.”
While Everton fans may be relieved to see Moshiri leave, his financial commitment to ensure a smooth sale to TFG should not be overlooked. After multiple failed attempts with 777 Partners, Crystal Palace and Lyon owner John Textor, and a previous bid by TFG, securing a deal with Dan Friedkin was crucial.
Despite the financial struggles caused by the Premier League’s Profit and Sustainability rules, Moshiri managed to navigate through these challenges, ensuring the club’s survival until the deal with TFG could be completed.
Furthermore, the Bramley-Moore Dock stadium, which will soon be a landmark for European clubs, is a lasting legacy of Moshiri’s time at Everton. He can leave knowing he made a significant impact on the club.
TFG’s main task now is to clear the substantial debt left by the previous ownership. While their on-field performance may not require drastic changes, securing Everton’s Premier League status will be the top priority.
The future remains bright for Everton fans, especially if TFG replicates their £850 million investment into AS Roma, potentially marking the beginning of a new era for the club.
In other news, Everton has released a Christmas Eve announcement regarding a major departure.
