Friedkin Group Engages in Exclusive Talks to Acquire Everton
Texan billionaire Dan Friedkin aims to stabilize the club's finances and rejuvenate its performance
- Everton's current owner, Farhad Moshiri, has entered exclusive negotiations with the Friedkin Group to sell his 94% stake.
- Previous takeover attempts by 777 Partners fell through due to unmet conditions and legal issues.
- The Friedkin Group, also owners of AS Roma, will conduct due diligence to assess Everton's financial position.
- Everton faced financial penalties last season, impacting their Premier League standing and nearly leading to relegation.
- The potential new ownership is seen as a positive step towards financial stability and improved performance for Everton.