AS Roma owners, the Friedkin Group, are currently in exclusive talks to purchase Everton, as confirmed by the Premier League club itself. This development comes after a previous takeover agreement with prospective owner 777 Partners fell through. The Friedkin Group, based in the United States, are already the majority owners of the Italian Serie A club Roma.
Everton stated that “Blue Heaven Holdings has received significant interest from several highly respected parties interested in investing in the club.” The club has now granted exclusivity to The Friedkin Group to move forward with discussions towards acquiring a majority shareholding in Everton.
In the past year, Miami-based investment fund 777 Partners had signed an agreement with British-Iranian billionaire Moshiri to acquire his 94.1% stake in Everton. However, the deal ultimately did not come to fruition. Moshiri had initially bought a 49.9% stake in the club in 2016 and gradually increased it to 94.1% by January 2022 with a capital injection of 100 million pounds. The takeover, which was expected to be finalized by the end of 2023, faced delays as 777 Partners struggled to meet the Premier League’s conditions for the purchase, ultimately leading to the expiration of the takeover agreement.
During the 2023-24 season, Everton encountered difficulties when they were twice penalized for breaching the Premier League’s Profitability and Sustainability Rules (PSR). The club received an initial 10-point deduction in November, which was later reduced to six following an appeal in February. They were then hit with a second two-point deduction in April. These deductions put Everton at risk of relegation, but they managed to secure their top-flight status in May. As a result, the club decided to withdraw their appeal against the two-point deduction.
Overall, the current negotiations between The Friedkin Group and Everton signal a potentially new chapter for the Premier League club, offering hope for stability and growth in the future.
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