'Determination to deliver': Farhad Moshiri increases Everton stake to 94%

Owner converts another £100m loan into equity He wants new manager to fit vision for Everton 'DNA' Farhad Moshiri has increased his stake in Everton to 94% and insisted his commitment to delivering success is unwavering. The billionaire, who has spent more than £500m on transfers since 2016 for scant reward, has increased his shareholding by converting a £100m loan into equity. Moshiri acquired 66.6% of 100,000 shares issued in Everton last February - converting a £200m loan into equity to d...