Major update on Everton takeover with new era set to begin at Goodison Park

The Friedkin Group’s takeover of Everton Football Club is expected to be announced on Thursday, talkSPORT understands. Roma supremo Dan Friedkin has been granted Premier League approval to buy Farhad Moshiri’s 94.1 per cent stake in the Toffees. Moshiri’s sale to the Friedkin Group is nearing completionGetty Images - Getty Moshiri is set to walk away with virtually nothing from the deal, agreed in September, as Friedkin is clearing Everton’s debts of around £600m. The British-Iranian businessman first acquired a 49.9 per cent stake in Everton in 2016 before increasing his share of the ownership in the years since. Meanwhile, Friedkin purchased Roma in 2020 and is currently the Serie A side’s president. Under his ownership, the Giallorossi have not finished lower than seventh and won their first European trophy for 61 years (the Conference League) in 2022. It has been a turbulent spell for the Toffees after they breached the Premier League’s Profit and Sustainability rules in recent seasons. Sean Dyche’s side had a ten-point deduction reduced to six points on appeal last term before later being hit with another two-point penalty. Despite the punishments, Everton finished 15th in the table, 14 points clear of the relegation zone. So far this season, the Toffees have won three of their 14 league matches and are five points above the drop zone. It is also their final campaign at Goodison Park before moving to a new stadium. After 132 years at the venue, Everton will move across Liverpool to Bramley-Moore Dock ahead of the 2025/26 season. Friedkin agreed to buy Everton in September and already owns RomaGetty However, shocking footage emerged earlier this month of flooding at the uncompleted new ground. Videos of water cascading down the stairs of a stand circulated on social media after Storm Darragh brought severe weather conditions to Merseyside. The adverse weather also prompted the Merseyside Derby, scheduled for Saturday December 7, to be postponed. A new date for the fixture has yet to be confirmed by the Premier League. Everton claimed a point in their most recent league outing as they battled to a goalless draw at Arsenal. Their final game before Christmas sees them take on Chelsea at Goodison Park on Sunday.

Dec 18, 2024 - 21:45
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Major update on Everton takeover with new era set to begin at Goodison Park

The Friedkin Group’s takeover of Everton Football Club is expected to be announced on Thursday, talkSPORT understands.

Roma supremo Dan Friedkin has been granted Premier League approval to buy Farhad Moshiri’s 94.1 per cent stake in the Toffees.

Moshiri’s sale to the Friedkin Group is nearing completion
Getty Images - Getty

Moshiri is set to walk away with virtually nothing from the deal, agreed in September, as Friedkin is clearing Everton’s debts of around £600m.

The British-Iranian businessman first acquired a 49.9 per cent stake in Everton in 2016 before increasing his share of the ownership in the years since.

Meanwhile, Friedkin purchased Roma in 2020 and is currently the Serie A side’s president.

Under his ownership, the Giallorossi have not finished lower than seventh and won their first European trophy for 61 years (the Conference League) in 2022.

It has been a turbulent spell for the Toffees after they breached the Premier League’s Profit and Sustainability rules in recent seasons.

Sean Dyche’s side had a ten-point deduction reduced to six points on appeal last term before later being hit with another two-point penalty.

Despite the punishments, Everton finished 15th in the table, 14 points clear of the relegation zone.

So far this season, the Toffees have won three of their 14 league matches and are five points above the drop zone.

It is also their final campaign at Goodison Park before moving to a new stadium.

After 132 years at the venue, Everton will move across Liverpool to Bramley-Moore Dock ahead of the 2025/26 season.

Friedkin agreed to buy Everton in September and already owns Roma
Getty

However, shocking footage emerged earlier this month of flooding at the uncompleted new ground.

Videos of water cascading down the stairs of a stand circulated on social media after Storm Darragh brought severe weather conditions to Merseyside.

The adverse weather also prompted the Merseyside Derby, scheduled for Saturday December 7, to be postponed.

A new date for the fixture has yet to be confirmed by the Premier League.

Everton claimed a point in their most recent league outing as they battled to a goalless draw at Arsenal.

Their final game before Christmas sees them take on Chelsea at Goodison Park on Sunday.