in

Everton on the Brink of Takeover as Friedkin Group Closes In

courtesy of footballinsider247.com

Contents

Takeover Timeline: A Matter of Weeks

Keith Wyness, Everton’s ex-chief, has hinted at a swift conclusion to the club’s takeover saga, suggesting that a full acquisition by the Friedkin Group could be sealed “within two weeks.” This comes after a deal in principle was struck, setting the stage for a transformative period at Goodison Park.

Owners’ Test Seen as Formality

Wyness, who helmed Everton from 2004 to 2009 and now offers consultancy to top-tier clubs, believes the Premier League owners’ and directors’ test should not pose a hurdle for the potential new proprietors, although it could extend the process by an additional six weeks.

Valuation and Leading Contenders

As current owner Farhad Moshiri explores options for the club’s sale, his controlling interest in Everton has been valued at just over £350 million. Dan Friedkin, owner of Serie A’s Roma, has emerged as the front-runner among several interested parties, including UK-based Vici Private Finance, MSP Sports Capital, and others.

Exclusive Rights and Multi-Club Vision

Friedkin, with a considerable net worth, is reportedly keen on adding Everton to a multi-club model alongside Roma. Moshiri is expected to offer the Friedkin Group an exclusive negotiating window, signaling a significant step towards a takeover.

Previous Deal and Future Prospects

A previous agreement with 777 Partners for Moshiri’s 94% stake fell through, but Wyness remains optimistic about the current situation, anticipating a preferred bidder announcement soon. He underlined the importance of ceasing speculation and kickstarting the transition process.

Everton’s Star Player at Risk

In related developments, Everton faces the potential loss of a key player on a free transfer. Stay tuned for more updates on this developing story and all things related to Everton.

For the latest in Everton news and exclusive content, follow our social media channels and join our dedicated WhatsApp group for instant notifications delivered directly to your device.

Did you miss our previous article…
https://3pointsforawin.com/?p=121872

Euro 2024: The Road to Glory Begins

Euro 2024: The Road to Glory Begins

Millwall Mourns as Goalkeeper Matija Sarkic Dies at 26

Millwall Mourns as Goalkeeper Matija Sarkic Dies at 26