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Everton announce boardroom changes as Farhad Moshiri begins to exert influence

Alex Livesey/Getty Images

New majority shareholder Farhad Moshiri has started to make his presence felt at Goodison Park with two new additions at boardroom level.

Current chief executive Robert Elstone has been promoted to the club's board directors while Alexander Ryazantsev also joins the Toffees' board.

Elstone has been at the club since 2005 and chief executive since 2009. He is a controversial figure among some Evertonians who feel he is responsible for some of the club's commercial failings, most notably the infamous Kitbag merchandising deal.

He appears highly regarded within the club though and now makes a step up to the board along with Ryazantsev, a long-term business associate of Moshiri.

Little is known about Ryazantsev but it is little surprise that Moshiri has brought in one of his own men following his arrival at the club.

According to the official Everton website Ryazantsev has a background in "corporate finance and has held management positions at the Royal Bank of Scotland and ABN AMRO Bank."

Lets hope his expertise will help the club's off-field activities, with commercial growth and a proposed new stadium likely to be highly on his list of priorities.