A BBC investigation has raised questions about Alisher Usmanov’s connection to the 49.9% of the Merseyside club purchased by his former partner in Arsenal, Farhad Moshiri.
Usmanov and Moshiri founded Red and White Holdings and purchased David Dein’s shares in Arsenal, before building to the 30.04% the company currently holds.
However, last year Moshiri surprisingly purchased a significant stake in Everton and following the release of leaked papers, the issue of who funded the transaction could lead to a Premier League probe.
Under current rules it is illegal for one individual, who owns a stake of 10% or more in one club, to own any shares in another club to avoid conflicts of interest.
The papers suggest that Usmanov funded Moshiri’s purchase in Arsenal by way of a gift, and thus his subsequent sale could mean that it’s the Russian’s money being used to buy a stake in both clubs.
Usmanov is at loggerheads with Arsenal majority shareholder Stan Kroenke, with the two billionaires trading unsuccessful offers to buy each other out.
The full details of the investigation are available via the BBC’s website which carries the full story, while this Twitter thread links Usmanov to the ongoing investigation into Russian influence into the US election of 2016, in particular the use of Facebook and the spread of disinformation by bots and troll farms.