Tag: alisher usmanov

Everton and Alisher Usmanov strike £30m stadium naming rights deal
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Everton and Alisher Usmanov strike £30m stadium naming rights deal

Russian billionaire Alisher Usmanov has boosted his relationship with Everton FC by paying £30million upfront to seal a deal for an exclusive option on naming rights for the club's new stadium. It can be recalled that Usmanov sold his shares at Arsenal for a reported £550m in the summer of 2018 and is a long term partner of Everton majority shareholder Farhad Moshiri. Usmanov's holding company USM already sponsors the club's Finch Farm training ground and the Russian tycoon has now invested more money with an agreement in place for the naming rights of the proposed Bramley-Moore Duck which is set to be completed in 2023. The specific details about the finances are yet to be made public but the PA news agency is reporting that it's below the level of the reported £20m-a-year which Pre...