September 21, 2024

Everton could be bought by Dan Friedkin as soon as 15 June with the Roma owner ready to sign the deed of purchase, according to Gazzetta dello Sport.Dan Friedkin to sign deed of Everton purchase on Saturday in open-goal deal

The Italian outlet reported in their print edition (15 June, page 45) that Friedkin, having already reached an agreement in principle to buy the club from Farhad Moshiri, could conclude his takeover on Saturday.

Friedkin reportedly has “an empty net” to aim at in concluding the deal after being granted exclusivity by Moshiri to finalise his £401million buyout, which comes after the Iranian decided he was ‘the most serious and credible’ prospective buyer.

Moshiri had previously agreed a share purchase agreement with 777 Partners in September 2023, but while that expired on May 31 for failing to satisfy the Premier League’s owners and directors’ tests, Friedkin’s takeover is expected to progress much quicker.

Everton could finally move forward after Friedkin takeover

It’s news that almost appears too good to be true for the Goodison Park faithful, with Everton’s fans having gone through over nine months of takeover talks going nowhere, between Moshiri and 777 [Stefan Borson].

The expiration of 777’s share purchase agreement on 31 May opened the door to a host of fresh bidders, including Friedkin, and just a few days later, it appears there is finally light at the end of the tunnel.Dan Friedkin to sign deed of Everton purchase on Saturday in open-goal deal

That begs the question as to why Moshiri persisted with 777’s bid, which never came close to passing Premier League tests, for so long, extending deadline after deadline despite often going round in circles.

Finally though, there appears to be clarity, an end to Moshiri’s haphazard reign and, crucially, clear proof of the finances Friedkin can inject into the club when he completes the rest of the takeover process.

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