The Friedkin Group (TFG) has received approval from the Premier League to take over as the new owners of Everton, according to Sky Sports News. This development comes after TFG completed the necessary regulatory process, following an agreement to purchase Farhad Moshiri’s 94.1% stake in the club.
The acquisition, which was initially agreed upon in September, is expected to be finalized next week once the Premier League Oversight Committee formally approves the deal. This marks a significant step in Everton’s ownership transition and the culmination of months of negotiations and compliance checks.
Led by American billionaire Dan Friedkin, TFG also owns Serie A club AS Roma, which they acquired in 2020. Friedkin, whose estimated net worth stands at $6.1 billion (£4.8 billion), had previously shown interest in buying Everton last summer. However, those discussions fell through due to concerns over the club’s financial arrangements, including loans from other investors.
Despite the earlier setback, the agreement reached between Blue Heaven Holdings, the entity controlled by Moshiri, and The Friedkin Group has now successfully cleared all regulatory hurdles. The imminent takeover positions TFG as the majority stakeholders in Everton and signals a new era for the club under Friedkin’s stewardship.
