Mon Sep 23 20:12:16 UTC 2024: ## Friedkin Group to Acquire Everton FC in Major Deal

**Liverpool, England -** The Friedkin Group (TFG), owner of AS Roma, has reached an agreement to acquire a majority stake in Everton FC, bringing an end to a prolonged period of uncertainty surrounding the club’s ownership. The sale, subject to regulatory approval, will see TFG replace Farhad Moshiri’s Blue Heaven Holdings as the majority shareholder of the English Premier League side.

Dan Friedkin, CEO of TFG and president of AS Roma, brings a wealth of experience in top-level soccer to Everton. His net worth of $7.6 billion and the successful management of AS Roma are expected to ease regulatory approval.

“We are pleased to have reached an agreement to become custodians of this iconic football club,” said a TFG spokesperson. “We are focused on securing the necessary approvals to complete the transaction. We look forward to providing stability to the club, and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock.”

The acquisition follows months of negotiations and a previous failed attempt by TFG to purchase Everton in June. The deal also sees TFG overcoming hurdles related to existing Everton debt, including loans with RMF Funding and A-Cap loans linked to 777 Partners.

While other groups, including 777 Partners and John Textor, had expressed interest in acquiring Everton, TFG ultimately emerged as the frontrunner. Textor, a part-owner of Crystal Palace, was unable to proceed with a deal due to ownership restrictions.

The acquisition is expected to bring a sense of relief to Everton supporters, who have endured a turbulent period marked by ownership uncertainty and financial struggles. TFG’s involvement promises stability and a clear vision for the future, including the completion of the new stadium.

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