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Usmanov purchases naming rights option to new Everton stadium

(Photo by Jan Kruger/Getty Images)

A naming rights option to Everton’s proposed new stadium has been purchased by Russian billionaire Alisher Usmanov’s holding company USM.

The former Arsenal shareholder, a business partner of Everton’s owner, Farhad Moshiri, has purchased the rights for £30m ($38.4m/€34.5m), further developing his investment in the Merseyside club.

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