Everton sold to Friedkin Group in a landmark deal, as the club has confirmed that an agreement has been reached for The Friedkin Group, which owns a majority share in Serie A giants AS Roma, to take over the club. This marks a significant moment for Everton, which was put up for sale over a year ago by majority owner Farhad Moshiri.
Moshiri had experienced multiple failed negotiations with potential buyers, including 777 Partners, who had initially agreed to a takeover but could not finalize the deal before the June deadline. Now, Everton’s sale to Friedkin Group signifies the conclusion of these attempts, as The Friedkin Group has struck a deal to acquire Moshiri’s 94% stake in the club. Formal approval of this transaction is anticipated before the end of the calendar year.
A joint statement from Blue Heaven Holdings and The Friedkin Group read: “Blue Heaven Holdings and The Friedkin Group confirm that they have reached an agreement over the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club. The transaction is subject to regulatory approval, including from the Premier League, the Football Association, and the Financial Conduct Authority.”
A spokesperson for The Friedkin Group expressed their excitement about the takeover, stating, “We are pleased to have reached an agreement to become custodians of this iconic football club. We are focused on securing the necessary approvals to complete the transaction. We look forward to providing stability to the club and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock.”
This Everton sold-to Friedkin Group deal promises to bring new energy and investment into the club, with hopes that it will lead to a brighter and more successful era for the Toffees.
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