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Billionaire who sold his stake in Arsenal to Gunners’ owner Kroenke secures naming rights to new Everton stadium

Russian billionaire Usmanov and Arsenal's US owner Stan Kroenke

Everton have agreed a 30-million pounds ($39 million) naming rights deal with Russian billionaire Alisher Usmanov for their proposed new Bramley-Moore Dock stadium, the club's chief executive said on Tuesday.

The Russian tycoon's holding company USM, which has sponsored Everton's Finch Farm training ground since 2017, has secured an option on the naming rights for the club's proposed new home, Chief Executive Officer Denise Barrett-Baxendale told the club's general meeting.

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