Farhad Moshiri (businessman)

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Farhad Moshiri
Born Ardavan Farhad Moshiri
(1955-05-18) 18 May 1955 (age 61)
Iran
Residence Monaco
Nationality Iranian
Citizenship Iranian and British
Alma mater University College London
Occupation Shareholder of Everton Football Club[1]
Shareholder of USM Holdings
Shareholder of MegaFon
Shareholder of Metalloinvest
Net worth US$1.94 billion (May 2016)[2]
Spouse(s) Nazenin Ansari (ex-wife)
Children 2

Ardavan Farhad Moshiri (Persian: اردوان فرهاد ﻣﺸﻴﺮى‎‎) born 18 May 1955) is a British-Iranian businessman and investor, who resides in Monaco.[3] Moshiri owns and has shares in numerous steel and energy companies in the UK and Russia.[4]

Early life[edit]

Moshiri was born in Iran, and his parents left just before the revolution in 1979.[5] Moshiri has said that his father was "an army doctor who trained as a pathologist and later became a senior military judge", and his mother "came from Iran’s leading publishing house, Kayhan, which is now based in London."[6] He was educated at University College London, and trained in the UK as a chartered certified accountant.[5]

Career[edit]

Moshiri worked for Ernst & Young, PKF and Deloitte.[7]

Moshiri and longstanding business partner Alisher Usmanov were co-owners of Red & White Holdings, which bought 14.65% of the shares in Arsenal Football Club from former club vice-chairman David Dein in August 2007. On 18 September 2007, Red and White Holdings increased their stake in Arsenal to 21%, and on 28 September 2007 to 23%, a week after Moshiri announced that he wanted at least a 25% holding in the football club. As of June 2012, Red and White Holdings have acquired at least 29.72%. Arsenal managing director Keith Edelman told BBC Radio 5 Live, "They've said previously they are not going to make a bid for the company and they want to be long-term shareholders."[citation needed]

In February of 2016 it was announced that Moshiri had sold his stake in Arsenal Football Club to Red & White Holdings partner Usmanov in a bid to raise capital required to launch a takeover at Everton Football Club.[8] On 27 February, the club officially confirmed Moshiri's purchase of a 49.9% stake in the club, which was ratified two weeks later by the Premier League.

Personal life[edit]

Moshiri lives in Monaco.[5] His former wife Nazenin Ansari is a London-based Iranian journalist, managing editor of Kayhan London, a weekly Persian-language newspaper, and series producer at Manoto, an international free-to-air Persian language TV channel.[9] They have two children.

References[edit]

  1. ^ "Everton on Twitter: "BREAKING: The Club is to have a new major shareholder in Farhad Moshiri who brings the promise of new investment. More to follow. #EFC"". Twitter. 2008-08-18. Retrieved 2016-02-27. 
  2. ^ Real Time Ranking. "Farhad Moshiri". Forbes. Retrieved 2016-02-27. 
  3. ^ "Business: Washington Post Business Page, Business News". Washpost.bloomberg.com. Retrieved 2015-09-05. 
  4. ^ More about Farhad Moshiri. And is it David Dein's ego vs Arsenal's interest?. Footy24/7. Retrieved 20 September 2008.
  5. ^ a b c Andy Hunter (1970-01-01). "Everton’s new majority shareholder Farhad Moshiri likely to increase stake | Football". The Guardian. Retrieved 2016-03-02. 
  6. ^ "Everton takeover - Farhad Moshiri who is he?". Liverpool Echo. 27 February 2016. Retrieved 2 March 2016. 
  7. ^ [1] Archived January 31, 2010, at the Wayback Machine.
  8. ^ "Everton poised for takeover by former Arsenal shareholder Farhad Moshiri". Telegraph. Retrieved 27 February 2016. 
  9. ^ Miles, Tina (2016-02-27). "Who is Farhad Moshiri's wife Nazenin Ansari?". Liverpool Echo. Retrieved 2016-03-02.