The British-Iranian businessman purchased a 49.9% stake in the Premier League club and the deal was confirmed by Everton this weekend.
Chairman Bill Kenwright finally brought an end to the decade-long search for investment. Moshiri is valued at £1.3bn by Forbes. The former Arsenal shareholder decided to sell his stake at the London club to his business partner, Alisher Usmanov, on Friday.
He then went on to pay around £87.5m for the Everton shares. It is understood that Everton are valued at around £175m.
The report states that there is an agreement for Moshiri to purchase more shares in future and become the majority owner of Everton football club.