Home Sports Everton finally ‘reach takeover agreement’ with The Friedkin Group, after the Roma owners reignited their interest following a breakdown in talks

Everton finally ‘reach takeover agreement’ with The Friedkin Group, after the Roma owners reignited their interest following a breakdown in talks

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Everton finally 'reach takeover agreement' with The Friedkin Group, after the Roma owners reignited their interest following a breakdown in talks

The Freidkin Group has reached an agreement with Everton for Roma’s owners to acquire a majority stake in the Merseyside club.

While the deal is still subject to regulatory approval, with the Premier League and Football Association yet to give the transaction the green light, The Friedkin Group, led by American businessman Dan Freidkin, looks set to take over as the new owners of the Merseyside club.

“Blue Heaven Holdings and The Friedkin Group confirm that they have reached agreement on the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club,” Everton wrote in a statement on the club’s website.

‘The transaction is subject to regulatory approval, including that of the Premier League, the Football Association and the Financial Conduct Authority.’

A spokesperson for The Friedkin Group said: ‘We are delighted to have reached an agreement to become custodians of this iconic football club.

‘We are focused on obtaining the necessary approvals to complete the transaction.

“We look forward to bringing stability to the club and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock.”

More news to come later…

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