There is an agreement in place, however, for the Monaco-based businessman to increase his stake over time and become the majority owner
Recall reports in either the guardian or times a while back mentioning that agreement could be stadium dependent.
Can't find it, but was something like this;
The Isle of Man records also show that Mr Moshiri has granted charges over the assets of Blue Heaven Holdings that guarantee that the three sellers will receive payment for their remaining shares, should he exercise his option to buy. In effect, these documents reveal that the deal to transfer more shares to Mr Moshiri has already been lined up, with details, such as the price to be paid, already agreed.
It is not clear why the four parties have decided to structure the deal in this complicated way.
Experts say that the exercise of Mr Moshiri’s option might depend on certain events coming to pass, but this could be anything from personal tax matters
to the granting of planning permission for a new stadium