Case Study

Farhad Moshiri increases his stake in Everton FC

Traditionally, investors in football clubs took an industry-agnostic approach to mergers and acquisitions advice. When Farhad Moshiri sought to his stake in Everton FC in 2016, he looked for a more tailored approach with the Northridge team leading a collection of specialists providing a range of industry specific advice from law to tax to data analytics.

Northridge acted for Mr Moshiri in September 2018 when he increased his shareholding in the club to 68.6%. Ian Lynam had previously led the team that acted for Mr Moshiri on his initial investment in 2016.

These transactions demonstrate the value of taking a tailored approach to major investment in sports, where Northridge regularly provides guidance to hedge funds, private equity houses and venture capital firms. In July 2018 we acted for Elliott Advisors in relation to their takeover of AC Milan.

"When working with Ian on the Everton transaction, I was impressed with his knowledge of the football business drivers, commercial and financial aspects in addition to his thorough understanding of the legal and regulatory framework of Premier League football clubs."

Sasha Ryazantsev
Director, Everton FC