Everton agree takeover deal with Friedkin Group – reports

The Premier League club’s proposed takeover by US investment group 777 Partners fell through last month.

Owner Farhad Moshiri is selling his stake in Everton
Owner Farhad Moshiri is selling his stake in Everton (Peter Byrne/PA)

Everton have reached an agreement in principle with The Friedkin Group for a takeover of the Premier League club, according to reports.

The group’s chairman Dan Friedkin has an estimated net worth of £4.81billion and has owned Roma since 2020, when he paid £552million for the Serie A side.

Friedkin is said to have been in talks with Everton’s current owner Farhad Moshiri with a view to buying his 94 per cent stake and is expected to be given a period of exclusivity.

Everton could be brought by The Friedkin Group
Everton could be brought by The Friedkin Group (Isaac Parkin/PA)

The proposed takeover by troubled US investment group 777 Partners fell through last month but Moshiri could not look at other options until June 1 for exclusivity reasons.