The Friedkin Group (TFG) have reached an agreement to complete a takeover of Everton, subject to Premier League approval.
A deal has been reached for TFG to purchase Farhad Moshiri’s 94% stake in the Toffees, in an agreement that could end the uncertainty surrounding Everton’s financial future.
The long-running saga has seen Moshiri hold takeover talks with the KAM Group, MSP Sports Capital and Miami’s 777 Partners, all of which collapsed, and there will be hopes a deal can finally be done following long-term interest from TFG.
Friedkin, who also own Serie A side Roma, are owed £200m by Everton, part of an
external debt that has risen to around £600m according to The Athletic, as the Blues have sought methods to oversee the day-to-day running of the club and construction of their new stadium.
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