Point FM Sport, sportsNews — February 27, 2016 at 6:46 pm — Updated: February 27, 2016 at 6:46 pm

Iranian billionaire to take large stake in Everton – club

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(Reuters) – Everton’s decade-long search for new investment has borne fruit with British-Iranian billionaire Farhad Moshiri set to take a 49.9 percent stake subject to Premier League approval, the Merseyside club said on Saturday.

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