Football Soccer - AFC Bournemouth v Everton - FA Cup Fifth Round - Vitality Stadium - 20/2/16
Everton's Romelu Lukaku scores their second goal
Action Images via Reuters / Matthew Childs
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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.Everton were in talks over a 200 million pounds ($277.46 million) sale of the club to an American consortium led by ex-San Diego Padres owner John Jay Moores and fellow entrepreneur Charles Noell but Moshiri has stolen a march on them.Kenwright, a leading film and theatre producer, has been looking for major investment to take the club forward for more than a decade, having bought a controlling stake in Everton from Peter Johnson for 20 million pounds in December, 1999 .
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