Linklaters and Charles Russell Speechlys act on Everton FC sale
Firms land roles as British-Iranian billionaire takes stake of just under half of the Premiership football club
February 29, 2016 at 09:16 AM
2 minute read
Linklaters and Charles Russell Speechlys are advising on the sale of 49.9% of the Premier League club to British-Iranian businessman Farhad Moshiri.
Linklaters is acting for Everton chairman Bill Kenwright and other selling shareholders on the sale of the stake, reported to be changing hands for £200m.
The Linklaters team is led by corporate partner Iain Wagstaff and includes corporate partner Owen Clay.
Wagstaff said: "Dealing with individuals who are passionate football fans is very interesting. It's the first time my hobbies and work life have combined."
Charles Russell Speechlys is acting for billionaire Moshiri with its team led by the co-head of its sport practice, Ian Lynam.
Lynam has previously advised a wide range of Premier League footballers on transfers, player contracts, image rights and sponsorship agreements.
He is also Charles Russell Speechlys' relationship partner for Premiership Rugby.
In June last year Quinn Emanuel Urquhart & Sullivan and Clifford Chance (CC) landed roles acting for FIFA and its officials as the football body handles multiple allegations of corruption in its ranks.
In May 2015 the US Department of Justice filed a 47-count indictment as US officials arrested seven FIFA executives at a Swiss hotel ahead of the football body's annual conference.
The charges range from racketeering and wire fraud to money laundering, with allegations that key executives took bribes.
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