October 2, 2024

Everton prospective owner Dan Friedkin will receive the necessary approval from a US court to complete his takeover at Goodison Park.

That is the view of finance expert Stefan Borson, who exclusively told Football Insider the American businessman has got all the people and agreements in place to ensure the deal will go through.

Everton confirmed in a statement on 23 September The Friedkin Group has reached an agreement to purchase owner Farhad Moshiri’s 94.1 per cent stake in the club.

It comes after the US firm, which also owns Italian side Roma, previously pulled out of talks to buy the Merseysiders in July due to risks associated with the £200million loan provided to the club by former prospective owner 777 Partners.

Those concerns have now been resolved, however, allowing the Texas-based company to reignite its interest and agree terms with Moshiri.

But journalist Paul Brown reported on 25 September the Friedkin deal can’t be completed until the New York court in the Leadenhall case approves the settlement of the 777 debt.

Everton takeover to be approved by US court

Borson believes the US court will approve Friedkin’s offer and allow him to push forward with his Everton takeover.

He told Football Insider“They need the approval of the court and they have to get certain insurance trustees in the US to approve the proposal that’s been made by Friedkin.

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