Everton takeover 'concern' over Alisher Usmanov legal action against Farhad Moshiri, claims report

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Everton takeover 'concern' over Alisher Usmanov legal action against Farhad Moshiri, claims report
Farhad Moshiri
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A report from The Athletic claims any potential Everton takeover could be hampered by Alisher Usmanov having taken legal action against his former business partner Farhad Moshiri

Any potential Everton takeover could be hampered by Alisher Usmanov having taken legal action against his former business partner Farhad Moshiri , claims a report. Wantaway majority shareholder Moshiri is in talks with John Textor over selling his entire 94.1% stake in the Blues. But the Missouri-born digital media and entertainment mogul, nicknamed Hollywood’s Virtual Reality Guru, would in turn have to sell his 45% stake in Crystal Palace before acquiring Everton.

Somelior Holdings previously held a 10 per cent stake in USM, which had gone down to five per cent prior to the sanctions. “According to the documents, Judge A.N. Petrukhina approved a motion to hold the hearing behind closed doors owing to ‘the presence of trade secrets in the documents to be examined,’ which had ‘been established by the court.’ “Over the course of the Everton sale process, it is understood that multiple Everton bidders have become aware of the existence of this case.

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