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Farhad Moshiri reportedly wants to increase his Everton shareholding

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A general view of a corner flag inside the stadium prior to the Premier League match between Everton and West Bromwich Albion at Goodison Park on J...
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Farhad Moshiri reportedly plans to increase his shareholding in Everton.

Farhad Moshiri (R) and Sam Sam Allardyce (L) watches the match from the stand during the Premier League match between Everton and West Ham United at Goodison Park on November 29, 2017 in...

Everton owner Farhad Moshiri wants to increase his stake at the Premier League club, according to The Times.

It has been reported that the businessman is planning to increase his shareholding in Everton to close to 60%, having got a 49.9% stake in the Merseyside outfit two years ago.

Moshiri reportedly wants to purchase the shares of deputy chairman Jon Woods, who owns 8.9%, and bring his share to 58.9%.

Sam Allardyce (L) and Farhad Moshiri (R) watches the match from the stand during the Premier League match between Everton and West Ham United at Goodison Park on November 29, 2017 in...

Future bright?

Moshiri has invested heavily in Everton and has made some major signings in recent transfer windows, including Theo Walcott, Wayne Rooney and Gylfi Sigurdsson.

Although the Toffees’ 2017-18 campaign has not gone according to plan, it is clear that the businessman has the club’s best interest at heart.

Farhad Moshiri, Everton owner is seen prior to the Premier League match between Everton and Watford at Goodison Park on November 5, 2017 in Liverpool, England.

What Everton need to compete for a place in the top six of the Premier League on a regular basis is to recruit players properly and hold onto their best players.

With Arsenal struggling at the moment and Chelsea likely to end up outside the Premier League top four this season, Everton should be confident about their chances during the 2018-19 campaign.