Everton ‘saving grace’ claim made as ‘pretty disastrous’ Farhad Moshiri verdict shared
Farhad Moshiri’s reign as Everton owner has been “pretty disastrous,” according to Rory Smith, chief soccer correspondent of The New York Times.
As per the official Everton website (15 September), the businessman has agreed to sell his full stake in the club to 777 Partners.
The Toffees added that Moshiri’s stake accounts for 94.1% of the club’s shares, with the deal expected to close in the fourth quarter of 2023.
“I remember when Moshiri bought Everton, I think their next game was away at Aston Villa, and the mood in the away end was delirious, because they had been told they had got this billionaire who was going to make all their dreams come true,” Smith said live on The Monday Night Club on 5 Live Sport (18 September).
“Obviously Everton fans want Moshiri out, there is a recognition that he can’t do any more for various reasons. His spell in charge of Everton has been pretty disastrous.
“If they get the stadium through at the end of it, if they get this wonderful new home they’ve been waiting for, then maybe that is the one saving grace.”
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Everton fans will perhaps have slightly mixed emotions about Moshiri exiting the Merseyside club. The overwhelming feeling will, of course, be one of delight, with the businessman enduring a very difficult relationship with supporters due to his running of the club.
But the Toffees faithful will also be grateful for how much of his own money Moshiri put into the club, and his efforts to help with the new stadium build at Bramley-Moore Dock. However, slowly but surely it will be time for 777 Partners to take over after their agreement with Moshiri.
The businessman has been a shareholder at the Goodison Park club since 2016, and a major shareholder since 2018, but for one reason or another it really hasn’t gone well for him there.
His issues have been epitomised by constant fan protests at the running of the Merseyside outfit, with those fans now getting their way as he heads for the exit door.