Friedkin Group Agrees to Buy Everton FC from Farhad Moshiri
The acquisition is pending regulatory approval and aims to bring stability and a new vision to the struggling Premier League club.
- The Friedkin Group has reached an agreement to purchase Farhad Moshiri's 94% stake in Everton FC.
- The deal is subject to approval from the Premier League, the English Football Association, and the Financial Conduct Authority.
- Everton fans and Liverpool Mayor Steve Rotheram have welcomed the news, hoping it will end years of financial instability and poor performance.
- The Friedkin Group plans to complete the new Everton Stadium at Bramley-Moore Dock, set to open next season.
- Everton currently sits 19th in the Premier League and has struggled with points deductions and financial issues in recent years.