Everton FC is once again the subject of takeover talks, with two new potential buyers stepping forward after the collapse of the latest deal. According to sources from Football Insider, senior correspondent Pete O’Rourke revealed on the Inside Track podcast that Patrick Malone and the British firm Vici Private Finance are in preliminary discussions to purchase the Merseyside club.
This development follows the breakdown of negotiations with The Friedkin Group, a Texas-based company, which ended without an agreement. While there is no clear timeline for a potential takeover, interest remains strong from an American consortium led by Malone, a former LA Dodgers General Manager who has long eyed the club.
Initially not seen as a preferred bidder, Malone is now back in contention alongside Vici Private Finance. Everton’s appeal lies in its promising future, bolstered by a new stadium on the horizon and a steadying presence on the pitch under manager Sean Dyche.
However, a significant hurdle for any prospective buyer is the club’s substantial debt. Everton is reportedly £550 million in debt, a daunting figure that has deterred some investors. Additionally, The Friedkin Group is owed £200 million for their previous investments, though Everton is not under immediate pressure to repay this amount despite the failed takeover.
Despite these financial challenges, Everton continues to strengthen its squad for the upcoming season. Football Insider reports that Napoli winger Jesper Lindstrom is undergoing a medical this week, with a deal close to completion.
For the right investor, Everton represents a promising opportunity with a bright future ahead, provided they can navigate the financial complexities and leverage the club’s potential.
