2024-09-23 14:29:33
Everton’s majority shareholder Blue Heaven Holdings and the Friedkin Group have reached an agreement for the sale of the English club, the company announced on Monday.
According to the English media, the American group Friedkin, already owner of AS Roma and AS Cannes, will buy back the 94% of shares held by Farhad Moshiri.Blue Heaven Holdings and The Friedkin Group confirm that they have reached agreement on the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club“, the club said in a statement.We are pleased to have reached an agreement to become the custodians of an iconic football club” said a spokesman for the Friedkin group.We are focused on securing the necessary approvals to complete the transaction. We look forward to bringing stability to the club and sharing our vision for the future, including the completion of Everton’s new stadium at Bramley-Moore Dock.“
Blue Heaven Holdings and the Friedkin Group had been negotiating for several months already. A first negotiation had been stopped in mid-July due to lack of agreement. John Textor, American owner of Lyon and RWDM, had then entered into negotiations with the owner of the ‘Toffees’ to buy the club. Earlier in the year, an agreement with the American investment fund 777 Partners, then at the head of Standard, had expired and the purchase had not been concluded.
Liverpool’s second-tier club were deducted points twice (six and two points respectively) last season for breaching Premier League financial rules due to high losses.
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