Alisher Usmanov has expanded his investment at Everton.
The Russian billionaire - valued at $11.68 billion - was formally the second-largest shareholder at Arsenal, having initially bought into the club in 2007.
But in August 2018 he accepted an offer of £550m from Stan Kroenke for his shares and as a result the American billionaire became the club's sole shareholder.
Although the Gunners weren't the only Premier League club Usmanov had investment in.
Since 2017, Usmanov's USM Holdings have sponsored the Everton training ground and an extension to the deal last year saw them become Everton's Official Matchday Presenting Partner, with the MegaFon logo appearing around Goodison Park and on the sleeve of the players' training kits.
And Usmanov has now increased his involvement with the Merseyside outfit.
As per the Liverpool Echo, MegaFon have expanded their commercial agreement with Everton to become the main sponsor of the women's team.
In addition, the report states that the Russian digital and telecommunications giant will have their branding on the front of the team's shirts while Yota - who are part of the MegaFon group - will become the team's sleeve partner.
The first time these newly branded shirts will be on show is on Sunday when Everton women take on their Manchester City counterparts in the FA Cup final.
Details regarding the value of the expansion has not been disclosed by Everton, although they have described it as the "biggest commercial deal in the women's team history".
Furthermore, the deal is also labelled as "multi-year" and is expected to last for at least two years, with various options and clauses written into the agreement.
Usmanov is the majority shareholder of MegaFon and owns a controlling stake - and is the founder - of USM, with Ivan Streshinsky and Everton owner Farhad Moshiri also on the board.
After selling his 30% stake in Arsenal, Usmanov said: "I have decided to sell my shares in Arsenal, which could be the best football club in the world."
