Season › 2024-25 › News Moshiri speaks of sorrow as he leaves Everton after nearly nine years Lyndon Lloyd 19/12/2024 22comments | Jump to last In a final open letter to Everton's fans, Farhad Moshiri says that he feels a mix of optimism for the future of a club he believes is in a "materially better place" than when he arrived but with regret that things went so wrong on the pitch. The buy-out of the British Iranian's 94.1% stake in the Club by American firm, The Friedkin Group, was finally confirmed today, ushering in a new era and bringing to a close Moshiri's association with the Blues that lasted almost nine years. Moshiri purchased an initial stake in Everton in February 2016 and promised to take the Club back to the top of the game through a concerted push to investment both on and off the pitch. However, massive expenditure on players and a succession of failed managerial appointments was compounded by Russia's invasion of Ukraine in 2022, that cut off the supply of sponsorship revenue from the companies of sanctioned oligarch, Alisher Usmanov, and huge debts associated with the construction of the new stadium at Bramley-Moore Dock. The 52,888 ground, which ends a 30-year search to end the problems associated with Everton's famous but ageing home at Goodison Park, will be an indisputably positive part of Moshiri's legacy but the 69-year-old admits that "the last couple of years have been challenging to say the least for the football club" under his faltering stewardship. Article continues below video content "I write with mixed emotions, with a sense of optimism for what the future may hold but also some sorrow when reflecting on the past," Moshiri wrote. "I am proud of the way the club has overcome these challenges both internally and with the tremendous support you the fans have given us all. There is of course passion in football, but I really believe that there is nothing to match the passion of Evertonians, and there is nothing like Goodison in full voice such as inspiring the team as you did in the second half against Palace. "When I look back on my eight years as the custodian of this historic club I reflect on how much has changed. We have transformed an ageing playing squad, playing at a historic but small and costly stadium, into a younger team, which will see further strengthening, set to show their talents at a state of the art, 53,000 seat stadium on the banks of the River Mersey. "Much effort has gone into creating this iconic stadium, combining the opportunities for a modernisation of the commercial offering while preserving the atmosphere of Goodison. It will be a place for all Evertonians, and the wider community, to enjoy for decades and decades to come. "This has been achieved despite the significant financial impact of the geopolitical events outside of our control, including the illegal Russian invasion of Ukraine, excessive point deductions that were levelled against the club and a changing football environment. We have however come through it together, and that is something I feel real pride in. "However, I fully understand that in football that results on the pitch are paramount and over those same years they frankly haven’t been good enough. We brought top class managers like Carlo Ancelotti to the club and who knows where we might have been had he not been lured back to his first love Real Madrid. "Believe me when I say that I truly wanted those results to be better, and I have tried to provide the club with the resources it needed. We enjoyed some memorable moments but sadly too few. However, I believe I will be leaving it in a materially better place than the one I inherited. "I will always remain an Evertonian, this club gets into your blood, and I will be back to watch games from the Everton Stadium stands for many years to come. "It has been a privilege to be custodian and I know you will give Dan Friedkin the same warm welcome you gave me, I think he will be an excellent custodian and I have been impressed with the diligence, professionalism and thoughtfulness of his team. I sincerely wish him the best and I know you will join me in supporting him in every way that you can." Reader Comments (22) Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer () Jay Evans 1 Posted 19/12/2024 at 20:22:53 An open letter to us. Surely a phone call to Jim White would have been more appropriate ?Crack. Pot. Neil Wilson 2 Posted 19/12/2024 at 20:43:23 There is no escaping the fact that Moshiri got a lot of things wrong during his time at the club but lets give the man a break here. We move into a brand new state of the art stadium now that two previous owners have tried to do and failed miserably. He has thrown so much of his own money at this to try to bring success and he is the one walking away massively out of pocket. Mistakes?….. yes plenty….mainly for listening and trusting the wrong people. And yes there is no question that we remain in a precarious position in terms of relegation..(Im worried)….. but nobody can deny that the man has tried and dug deep financially in the attempt to bring us success. One day very soon when we are hopefully out of trouble and we are all sitting in an amazing new stadium….we will thank the man for what he done for us. Derek Thomas 3 Posted 19/12/2024 at 20:54:11 'A fool and his money are soon parted' - never a truer word spoken.I bet he rues the day that he let Bill talk him and his Uncle Uzzie into it with (allegedly)..."Sod Arsenal off then, we're a well run Club that's the 'best of the rest' all we need is a cash injection and watch us go!"He appears to have taken a serious bath cash wise...although who really knows the wheels within wheels that's been going on.But he got The Stadium built, which is more than Kenwright ever managed in decades.So unlike our late and somewhat unlamented previous owner, Moshiri is (just about) square with the house(Though it has to be very, very, grudgingly said, that from a personal net cash gain Kenwright played an absolute Blinder) Colin Jones 4 Posted 19/12/2024 at 21:34:21 I think Moshiri came with the best intentions but his ego and his money and Bill clouded his judgement, he will walk away seriously out of pocket but what a stadium he has left us with,however his legacy won't be the stadium he will always be remembered for Si Pulford 5 Posted 19/12/2024 at 21:46:33 Notice not long after Bill shuffled off this mortal coil we got a stadium and new owners? I think Moshiris biggest mistake was trusting BK and various other acolytes. He nearly ruined us. But he knew from the second he got here that a new stadium was the only way we would ever be able to come close to competing again and got it done. Im not praising him because he was a woeful owner. But without him we wouldnt have the Friedkins or the stadium and the hope they bring. Wed still be the team that every other club looks at and thinks….. Dave Abrahams 6 Posted 19/12/2024 at 21:51:24 Colin (4) Mr. Moshiri legacy will always be remembered be remembered by me, The Stadium. I will also remember what he pointed out himself, in his leaving Everton post, the prices for admission all over the stadium hardly rose during the time he was here and for the concessions that a lot of fans got from the young to pensioners like me received, they were a great help. Thanks for the stadium and the concessions, you made mistakes no doubt of that the biggest obvious one was trusting your “ friend” Thingy, very very naive indeed, I think you will always regret meeting him.Enjoy the rest of your life, I wish you a long one and happy one. Derek Knox 7 Posted 19/12/2024 at 21:55:20 Got no sympathy for this prick whatsoever. He was purported to be the answer to all our prayers (financially) by the Maggot. If he had just stayed in the shadows, that would have been slightly better, but No, he started interfering with who we should hire as managers and players.All ending in disaster, I may add. Then, to add insult to injury, when the club was to be sold, he gets into bed with 777 Partners, which has delayed everything. He reportedly is returning to Goodison Park once more and then the new stadium. I hope they charge him for the privilege. Rob Halligan 8 Posted 19/12/2024 at 22:01:58 Derek, I think he can afford the ticket prices! 😀😀 Brendan McLaughlin 9 Posted 19/12/2024 at 22:25:34 He's presided over, easily and by some distance, the worst decade in my lifetime of supporting Everton.Shocking incompetence and moreover he's given Accountants a bad name... Brian Wilkinson 10 Posted 19/12/2024 at 22:27:00 The guy made plenty of mistakes, his biggest leaving the chairman in place, Bill played him like a blinder, even letting Bill pick his mates to sit on the board.He has delivered the stadium and certainly dipped into his own, or Usmanovs pocket, to try to bring a top class manager and players in, something our former Chairman never did, he even walked away turning a lot of his shares into equity for the club.For me I would not begrudge Moshiri a visit to the stadium he delivered, if only he had not listened to Bill and brought his own people in instead, things could have been so much different.Mistakes were shocking by him, but the theatre of Bill bullshited his way to staying on, even to the very end Bill let Ingles, Sharp, Baxendale walk, then used his we need one of us to remain at the club in the boardroom, yes Moshiri made huge mistakes but I will never hold him as low as Bill. Paul Hewitt 11 Posted 19/12/2024 at 22:34:35 The biggest mistake he made was the minute BK said he wanted a seat on the board. He didn't walk away Brendan McLaughlin 12 Posted 19/12/2024 at 22:39:35 Brian #10/ Paul #11Moshiri only wanted Everton to take up 5% of his time. The easiest way to do that was to leave the existing Chair in place to deal with the 95% of the "run of the mill" stuff.Meanwhile Moshiri would concentrate on appointing the "Hollywood" name. Conor McCourt 13 Posted 19/12/2024 at 23:03:53 In these kinds of letters it is always hoped to carry a little sway with the fanbase and indeed the stadium will be his great lasting legacy. But of course he has to fill it out with a few powder puff words so I nearly pissed myself when I read that he left us with a young squad...he must be giving it to Ashley. The likes of Seamus, Michael, James, Idrissa and Ashley must love him now... it's probably been a while since they had those complimentsMind you there's only gonna be about 3 of them left by the summer Ernie Baywood 14 Posted 19/12/2024 at 23:13:07 The relating of blame for Bill isn't necessary. Moshiri owned the club, he could do what he wanted and he is experienced enough to take responsibility all on his own. If he's a mug then that's on him and no-one else.I don't particularly feel for Moshiri, but I do feel for a club and fan base who believed we might have a knight in shining armour. When we finally got one he turned out to be more like a knight from a Monty Python sketch.Here is a guy who actually wanted to improve the club and was prepared to put in his own money to do so. A vanity project maybe, but it's bloody hard to get free money and he was prepared to believe in the club and back the club. How many have done that recently? He did all the right things, invest in the squad, invest in the infrastructure - he just did them all with a comical level of incompetence. Even his parting statement seems pretty ill advised and not subject to any kind of checking:- Youthful team (pretty sure we have the oldest in the league?)- Top class managers (erm, there are some shockers in there!)- Came through it together (no, your Board vilified supporters and claimed you all feared for your safety)- He'll be back at Goodison to watch (I'm guessing this one was a deliberate joke!)The next guys won't come with the same knight in shining armour monikers. They won't be throwing money around like Moshiri did. But hopefully what we do get is a set of astute businessmen who can leverage their knowledge and connections through existing similar businesses and restore this club to greatness. I hope in a few years time that there are people on here saying that the Friedkins don't 'invest' their own money and that they're making a fortune out of the club. If that happens it will mean that we are on the path to being a financially sustainable and successful club. Mike Gaynes 15 Posted 19/12/2024 at 23:48:51 Mosh didn't write this letter. He signed off on it, certainly, but he didn't write it. That said, I think his feeling for the club is sincere, and if he had hired better people to run the club and let them do their jobs without interference, as he did with Dan Meis on the stadium, he might well have gotten the results he was hoping for. But he lacked the experience and the judgement.The stadium will be his legacy. Not only did he get the right site and the right people and the right design, he stuck with it and saw the project through even when it became clear that he was gonna take a financial pounding on it. He wasn't a quitter, and he wasn't a fake. The job got done.I'm glad he's gone, because he was largely a failure, but I hold no grudges and I'm pleased he came out financially unscathed overall.Wait, correction, I do hold one grudge. He hired Benitez. That wasn't just a blunder, it was dereliction. But hiring Carlo made up for it. Ernie Baywood 16 Posted 19/12/2024 at 23:57:12 I wouldn't be surprised if he did write it, Mike. He's a bit of a maverick when it comes to communications.There have been many times when I've wonder how on earth his and others comms from the club have got through the corporate machine before release. Headlock-gate being a big example. No communications professional would have allowed that to be released! John Keating 17 Posted 20/12/2024 at 00:30:58 There can be no doubt that Moshiri made some absolute massive mistakes from day oneHe appeared totally out of his depth owning the ClubWithout doubt his biggest mistake was keeping The Worlds Greatest Evertonian at the ClubMoshiris incompetence and Kenwrights…..i suppose I shouldnt speak ill of the departed…….. so lets be nice and use “greed” was a toxic combination that nearly done for usMoshiri has now gone and somehow against the odds we have survived to hopefully look to the future and thrive under professional businessmen.I have mentioned on a number of past threads that in a few years when the dust has settled Mishiris legacy of the fantastic BMD will colour over the nightmare he, and his mate, put us through, Si Cooper 18 Posted 20/12/2024 at 00:46:32 Id bet good money BK would have made it clear that he was essentially looking for a partnership from the very start with anyone who showed any interest in investing in EFC.Moshiri / Usmanovs problem was that they either took him at face value when he said he was some kind of football club guru, or when he said hed be happy with the consensus view.Ive seen / read about too many poor appointments at executive management level to believe in the infallibility of very wealthy people.Im happy to believe Moshiri was well meaning but fallible and got taken in by a skilled grifter. Goodbye and thanks for the stadium. Ray Mia 19 Posted 20/12/2024 at 01:10:13 At the dawn of a new year - 2025, it will have been 30YRS since we last won anything other than a few managers of the month awards.30YRS.Let me say that again... 3...0... YEARS...Some of what's been posted, you simply can't argue with. The last 9YRS have been the worst. A total and utter shambles. The shotgun approach to hiring managers, the ridiculous sums of money that we had never seen before spent on a squad that has taken us backwards every year. I mean, I think - genuinely this is the worst squad of players we have had since the mid-70s... one-or-two are ok, but we all know that if anyone comes calling - they are gone...The total disconnect with the fans and our history. I still can't stomach the memory of Allardyce - and Sammy Lee... I won several quid on Benitez, but oh-my-word had I wished it wasn't so... I tried so hard to give everyone making any decision a break, I really did swallow the vomit in my throat and tried to keep the gag reflex in check - but the piss-poor decisions kept coming and coming and coming and coming.How could they have even turned Graham Sharp into an object of ridicule and hate?The stadium has to be remembered as a legacy. But let's not forget please the team he's left us with playing our last season at Goodison.I'm so tired of watching Everton. We are dreadful.I'm not blaming Dyche... I am grateful we have Dyche as otherwise we would be in the Championship - midtable at that...I'm so tired of the sh*t football kits and the bonker sponsors and the total lack of understanding of how to run a modern football club in the Premier League.Angry F*cking Birds??I am so exhausted with Brighton and Bournemouth and Brentford being better at competing than us...I am so, so, so tired of Everton being a sh*t-bag of kicking in the media... we only get to top 3 games on MOTD because we get the crap smacked out of us by someone else...Please God make it all stop.Anything has to be better than this?Right?I mean - surely it could not conceivably get worse than the sh*t sandwiches we've been forced to eat?Yeah I'm worried as the AS Roma fans have turned on the new owners... I am hoping this is simply them losing interest in the maths of Serie A, and seeing that owning a cr*p Premier League team is more profitable than owning a crowning historical Italian team... I mean owning Palace or Wolves would be more profitable...I mean their due diligence would have revealed what a complete omnishambles they were buying and appointing a battery operated duck could run our club better than what has presided over operations for the last 30YRS...I am not going to be a harbinger of doom.The new stadium is remarkable.I still cannot believe it... literally on the Dock Road where I learned how to drive...Now can we have a team befitting of the stadium?I see Dyche and Thelwell are out of contract this summer... it is with no disrespect because they have really had to operate under the most absurd circumstances... but they are not aspirational enough for me... not with the new stadium... I would be honest... I would say - here's the deal, keep us up - here's your new bonus, we are moving on in the Summer... let all of the out-of-contract players go - all of them... build the team around the goalie and the back two... everyone else, please, please, please - leave us alone... go clogg up Ipswich, Sunderland, West Brom, Leeds, Derby, Coventry, Celtic and LeicesterFind a new manager now...like seriously, now - and a new Dir. of Football, let them watch and learn in silence, in quiet, in the dark, in the background... then change it all out first day of the close season... Transition plan now.And change the f*cking kit and the f*cking sponsors - and do a f*cking deal so that it's available in poxy stores like Sports Direct and JD Sport, so that at least it's on a rack next to West Bloody Ham...And don't even dare bring Moyes back. Because that time has gone... and I won't forget the Fellaini and Baines "Big team knocking" boll*cks... Smart, calm, measured, commercial, planned, mindful, strategic thinking. Everything we have not been for a very, very, very long time.Make some money - do you know how?Work hard.Work with pride.Run your arse off.Win some Godamn f*cking football games.It's really that f*cking simple.It really is...Win stuff...Moshiri?Whatever... thanks for the stadium, seriously - thank you... but Allardyce and Sammy m*therf*cking Lee??? I mean REALLY? Ray Mia 20 Posted 20/12/2024 at 02:08:00 Listen to BBC Sounds Thursday Night football update. Aaron Lennon admits that a 15YR Erling Haarland was at Goodison and Moshiri refused to sign off on the £2M…And lets not go into the accountant that cant count re: PSR…I mean Im hoping that the new owners are not another Childrens Television Workshop like the Muppet Show who have been in charge for 9YRS… Jerome Shields 21 Posted 19/12/2024 at 03:58:15 Good riddance. A Certified Accountant who largely replaced his bosses questionable monies with loans that have been mostly paid off with legit monies or which are still earning huge interest.He interfered with Everton rather than Manage , leaving a user and abuser in charge.He is now actually richer than when he took over Everton, being well rewarded.His letter like his other letters to Fans is questionable in it's sincerity. Matt Traynor 22 Posted 20/12/2024 at 05:22:30 Probably the 2nd worst owner in our history. He does however deserve recognition for delivering a new stadium, something previous owners tried and failed to do.People can lament his decision to keep Kim Jong Bill at the helm, but I'm absolutely certain that was a condition of the sale. I'm sure we'd have had credible new owners long before Moshiri if the self-appointed Greatest Evertonian hadn't want to retain his role. Add Your Comments In order to post a comment, you need to be logged in as a registered user of the site. » Log in now Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and Talking Points submissions across the site. How to get rid of these ads and support TW © ToffeeWeb