Friedkins Travel to England to Oversee Everton Takeover Deal - Ansser Sadiq

Nine days after reaching an agreement with Farhad Moshiri, the Americans have officially acquired 94.1% ownership of Everton Football Club in the UK, as reported by the Liverpool Echo.

On September 23, a joint statement came out from Moshiri’s Blue Heaven Holdings and Friedkin Group.

The statement said: “Blue Heaven Holdings and The Friedkin Group confirm that they have reached agreement over the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club. 

“The transaction is subject to regulatory approval, including from the Premier League, the Football Association, and the Financial Conduct Authority.”

A spokesperson for TFG said: ‘We are pleased to have reached an agreement to become custodians of this iconic football club. 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.”