The Freidkin Group have reached an agreement with Everton for the Roma owners to acquire a majority shareholding in the Merseyside club.
While the deal is still subject to regulatory approval, with the Premier League and Football Association still to green light the transaction, The Friedkin Group, who are headed by US businessman Dan Freidkin, look set to take over as the Merseyside club’s new owners.
‘Blue Heaven Holdings and The Friedkin Group confirm that they have reached agreement over 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 from the Premier League, the Football Association, and the Financial Conduct Authority.’
A spokesperson for The Friedkin Group said: ‘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.’
More to follow…