Russian Billionaire Finds Novel Way to Avoid Breaking Premier League Investor Rules
- USM to become Liverpool-based team’s training ground partner
- Usmanov ally Moshiri became club’s biggest investor in 2016
Alisher Usmanov.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Billionaire Alisher Usmanov has found a way to support his longtime business partner, Everton Football Club majority owner Farhad Moshiri, while still complying with Premier League rules that ban investors from owning stock in multiple teams.
Usmanov’s USM Holdings will become the Liverpool-based team’s first training-ground sponsor and will gain certain marketing rights, Everton said Thursday in a statement, without revealing financial details. The facility has been renamed USM Finch Farm under the terms of the five-year contract.