In the past, Farhad Moshiri’s eagerness to bring success to Everton led to questionable transfers and excessive spending, which ultimately damaged the club’s finances.
While Kevin Thelwell is now leading a more sustainable approach at Goodison Park, allowing for increased spending this summer, the club’s financial troubles are not entirely behind them.
This is especially true as Moshiri continues to own Everton and remains entangled in controversy.
A recent major development saw reports that Alisher Usmanov intends to sue Moshiri, which has dominated headlines and raised further questions for a club already dealing with instability and uncertainty.
Fortunately, the Liverpool ECHO provided some much-needed clarity on the situation.
They reported: “Any potential Everton takeover could be hampered by Alisher Usmanov having taken legal action against his former business partner Farhad Moshiri.”
The article also mentioned that Moshiri, who owns 94.1% of the club, is in talks with John Textor about selling his entire stake.
The ECHO also spoke to an Everton insider, who stated, “This matter is very much between the parties involved and nothing to do with the club.”
Everton cannot afford to be dragged into further legal troubles, particularly after almost being taken over by 777 Partners, a firm frequently under scrutiny and embroiled in controversy.
Recently, A-Cap, which took over 777 Partners’ stake in Standard Liege, put the Belgian club up for sale after removing the Miami-based firm from its board of directors.
With Everton already navigating difficult waters, the prospect of their owner becoming involved in a lawsuit has caused concern among fans.
However, the reassurance from the insider provides some relief.
The hope now is that John Textor’s potential takeover can be expedited, allowing the club to move forward.
The longer Moshiri remains in control, the more likely additional scandals mayemerge.
