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Everton: Fans react as Farhad Moshiri set to increase stake in club

Everton: Fans react as Farhad Moshiri set to increase stake in club - Everton News

Many Everton fans have been reacting to the news from the Liverpool Echo that Farhad Moshiri is set to increase his current stake in the Goodison Park faithful.

As per the news outlet, Moshiri could take his shareholding in the Merseyside club to over 90% after a proposal from the board of directors at the Toffees.

Should Moshiri be the major shareholder at Everton?

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Yes

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He currently owns 77.2% of the Blues but could take his stake to 93.3% with an investment of £250m.

EFC are proposing to create new shares, and some of that cash would see current loans converted into capital, but a bit of that sum will come into Everton in the form of new money.

The club think that the added money will significantly increase their balance sheet, with the other shareholders, including Bill Kenwright, receiving a letter detailing the proposal in ‘due course’.

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Moshiri’s increased stake may well mean more cash being pumped into Carlo Ancelotti’s team, which could be good news for Everton in the future.

Everton fan reaction to Moshiri news

These Toffees reacted to the news on Twitter, with some fairly mixed responses:

In other news, find out what has left Blues speculating about Brands and Ancelotti here!


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Article title: Everton: Fans react as Farhad Moshiri set to increase stake in club

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