Alisher Usmanov pays £30m for naming rights at Everton’s new stadium

14 January 2020 07:13
• Russian billionaire secures exclusive option on naming rights• Club makes £111.9m loss despite revenues of £188mThe Russian billionaire Alisher Usmanov has strengthened his ties with Everton after paying £30m up front to secure an exclusive option on naming rights for the club’s proposed new stadium.The 66-year-old, who sold his shares in Arsenal for a reported £550m in the summer of 2018, is a long-time business partner of the Toffees’ majority shareholder Farhad Moshiri and has been linked with buying a stake in the club. Related: David Squires on … everything kicking off at Sandringham FC Continue readingreadfullarticle

Source: TheGuardian