Everton owner Farhad Moshiri net worth sinks by £130m amid takeover chaos

Everton owner Farhad Moshiri has seen his net worth shrink by £130m over the last 12 months, according to a fresh report.

The 68-year-old’s value now sits at £1.5bn on the Sunday Times Rich List, placing him as the 112th richest person in the country. His net worth has declined by £200m over the last two years with the businessman currently at the centre of a takeover migraine at Everton.

A buy-out deal with 777 Partners is now dead in the water with the firm being hit by several big financial blows over the past month, including putting its Australian airline, Bonza, into voluntary administration before having its football assets seized in Belgium on Thursday.

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Moshiri had agreed a deal for the business to take over his majority stake of 94.1 per cent in September but the Premier League has failed to green-light the transaction over fears that the changeover could not be financially sustained.

Moshiri is understood to have met with 777 co-founder Josh Wander this month to ascertain the company's ability to complete a deal, after having a lawsuit filed against them by Leadenhall Capital.

This meeting took place before the firm’s assets were seized in Belgium. What happens next in the process is unclear but 777 will almost certainly be unable to meet takeover requirements.

Everton have otherwise been hit with two separate points deductions this season for breaking Premier League spending rules across two cycles, although have managed to stave off relegation. Moshiri has been criticised for his running of the club and namely his loss accumulation.

In 2022, Uzbek businessman Alisher Usmanov was sanctioned by the UK government due to ties with the Kremlin amid Russia’s invasion of Ukraine. Everton ended their sponsorship relationships with his major shareholder companies, USM and MegaFon, as a result.

USM had agreed a £30m deal for naming rights of the club’s new stadium, having already sponsored the club’s training complex at Finch Farm. The ground will not be ready in time for next season but is due to open in 2025.