Finance expert reveals how much Moshiri lost of £750m investment after Everton takeover
Kieran Maguire believes Farhad Moshiri has lost 95 per cent of his Everton investment after The Friedkin Group takeover. The former majority shareholder relinquished control... The post Finance expert reveals how much Moshiri lost of £750m investment after Everton takeover appeared first on Goodison News.
Kieran Maguire believes Farhad Moshiri has lost 95 per cent of his Everton investment after The Friedkin Group takeover.
The former majority shareholder relinquished control of the Blues to TFG on Thursday [19 December], ending his eight-year controversial tenure in charge at Goodison Park.
However, Moshiri deserves his flowers, particularly after football finance expert Maguire revealed how much the British-Iranian billionaire stands to lose from his £750 million investment into the Toffees on The Price is Football podcast [24 December, 6:27].
He said: “Farhad Moshiri, who has put in 750 million pounds in various forms into Everton Football Club, is going to walk away with less than 50 million. He might get 20 or 30 [million more] if Everton wins some trophies. There could be some step-ups [and] some add-ons to that.
“But he will have lost 95 per cent of the money he’s put into the club.”
Everton should appreciate Farhad Moshiri sacrifice
While Evertonians will rejoice to see Moshiri walk out the doors at Goodison Park, his financial sacrifice to ensure a smooth sale to TFG should be commended.
After seeing deals with 777 Partners, Crystal Palace and Lyon owner John Textor and the previous attempt by TFG fall through, it remained paramount that a second attempt to thrash out a deal with Dan Friedkin came to fruition.
Throughout all the troubles with the Premier League’s Profit and Sustainability rules and the tight financial constraints that crippled the Blues for the past few years, Moshiri always managed to keep his head above water and jumped before the ship sank to the delight of all involved.
Furthermore, the Bramley Moore-Dock Stadium, which will soon become the envy of sides across Europe was all his doing and he can rest easy knowing that he leaves a significant positive impact on his Everton legacy.
TFG will not have to do much on the pitch to outdo their predecessor, but as the American consortium works towards wiping the monumental debt left behind, ensuring the Blues depart Goodison Park with their Premier League status intact remains the utmost priority.
However, the Everton faithful continue to dream of the endless possibilities ahead, and if TFG replicates their £850m investment into AS Roma, this could very well be the dawn of a new era on the blue half of Merseyside.
In other Everton news, the Blues have released a Christmas Eve document to announce a huge exit.
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The post Finance expert reveals how much Moshiri lost of £750m investment after Everton takeover appeared first on Goodison News.
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