September 19, 2024

Dan Friedkin is set to complete a takeover of Everton after agreeing a deal with Farhad Moshiri in a “positive” update.

The Texan is close to purchasing Moshiri’s 94.1 per cent stake in the club with just an announcement missing [Il Messaggero, 16 June], after a deal with 777 Partners collapsed [BBC Sport, 1 June] after they missed their May 31 deadline to complete a deal agreed back in September.

The football finance expert admitted that the American came out of nowhere as a name that had not been heard previously, with time still needed to get it over the line.

“It’s the first bit of positive news regarding a takeover we’ve had from Everton in a long time,” he exclusively told Goodison News.

“It will still take a little bit of time to get this deal over the line but certainly if you look at the credentials of Dan Friedkin and coming out of fairly nowhere as well.

“It wasn’t really on the radar that he was potentially interested and not a name that’s been mentioned overly in the last few months, but has got a track record in owning football clubs and seems to be relatively above board record in football clubs as well and the multi-club ownership group that they’re looking to expand on.

Obviously nothing is done yet but that’s a really good bit of positive news coming off the back of what happened with 777 and the fallout over the last few months.”

Dan Friedkin set to become new Everton majority owner
It’s been a long road for Toffees fans and anyone associated with the club, but they finally now look as though there is light at the end of the tunnel.

After the whole saga with 777 Partners over the last nine months, it was clear a long time before it was official that a deal was impossible to get over the line considering all the issues they had.

But Friedkin has come into the hot seat and made his intentions very clear, putting his money where his mouth is quickly to get a deal done and move ahead of potential rival bidders.

Everton fans now know who the likely new owner is going to be and substantial investment is expected [iNews, 18 June] to be pumped in to get the club to the level it deserves to be at.

The future is looking brighter than it has for a long time and there is something to be excited about now as the fans prepare to say farewell to Goodison Park.

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