New funds and new hope: Finally, Farhad Moshiri has made the best choice for Everton

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Premier League is scarcely popular on the blue half of Merseyside but it might have helped rescue Everton from 777’s clutches, setting conditions for the takeover to proceed – including repaying a £160m loan Moshiri took out and depositing a further £50m in an escrow account – that the overstretched, crisis-hit investment firm could never fulfil. The last few years have threatened to be ruinous; certainly the time since his former business partner Alisher Usmanov was sanctioned following Russia’s invasion of Ukraine and when Moshiri then stopped funding Everton. open image in gallery Farhad Moshiri originally bought shares in Everton in 2016, increasing his stake to 94 per cent in 2022 Debts incurred while building a ground are around £600m now and will increase in the short term, with the Friedkins adding to their own £200m summer loan to cover some costs, including furbishing the new stadium. open image in gallery Sean Dyche’s team are yet to win a game in the Premier League so far this season If Everton’s off-field issues are finally over, the focus will be firmly on the field.