Farhad Moshiri’s Everton Ownership: A Period of Turmoil and Financial Strain

Farhad Moshiri acquired a 49.6% share in Everton in 2016, subsequently increasing his stake to 94.1% six years later. When Moshiri presented his ambitious vision for supremacy after taking control at Everton, his stated mission was to prevent the club from becoming “a museum.” As Moshiri now departs after nearly nine years characterized by extensive financial squandering, chaos, dysfunction, and discontent, the venerable Goodison Park has more closely resembled a mausoleum. Moshiri’s envisioned path to glory was initially paved with good intentions when he purchased a 49.6% share in Everton in February 2016, hailed as “the perfect partner” by then-chairman Bill Kenwright. Instead, rare moments of success have been overshadowed by fan outrage, frequent managerial changes, battles against relegation, boardroom collapse, Premier League points deductions, and a financial crisis that pushed Everton to the brink. In total, Moshiri invested approximately £750m into his aspiration, but Everton’s downward trajectory resulted in minimal or no financial return. Consequently, as American billionaire Dan Friedkin assumes leadership after purchasing Moshiri’s now 94.1% stake, questions arise regarding how the British-Iranian businessman’s time will be remembered and what, if any, legacy he leaves. Everton was considered a