Everton takeover timeline emerges in brand new Premier League update as they finally reached with Romans
The Premier League’s approval is not expected to be an issue as Dan Friedkin nears a takeover at Everton, according to Alan Myers.
The journalist reported via his personal X account [20 June] that Friedkin’s takeover is still subject to the Premier League, FA and Financial Conduct Authority as the American businessman finalises a deal to buy the Toffees.
Myers understands that the takeover process should take a maximum of eight weeks to complete, though it could be just six weeks until Friedkin takes over Farhad Moshiri’s role as owner. [Alan Myers]
Dan Friedkin to become Everton owner in six-eight weeks
There has been so much speculation surrounding Goodison Park since 777 Partners’ failed takeover attempt, having first registered their interest back in September.
Since 777’s failed takeover bid, fire sales and administration have been suggested as potential outcomes for the Merseyside club, though that no longer looks to be the case as Friedkin closes in on becoming owner.
Moshiri has never been the most favourable figure at Goodison Park, and that was no different throughout the takeover process as his lack of communication with the fans was slammed.
Though his outgoing present as current owner looks to be a decent one, with Friedkin coming into the club with plenty of knowledge and funds for the Toffees to thrive on.
The American businessman has been the owner of AS Roma since 2020, a club that has regularly finished in the top half of Serie A and competed in Europe over the last few seasons.
If Friedkin can bring any of that with him to Goodison Park, the fans will be rather pleased with the new appointment, especially after Moshiri’s reign.
Of course, there are likely to be many changes made ahead of next season, but the increased funds will be a huge positive for Sean Dyche and his team as they look to build a team that can scale the Premier League table.
In other Everton news, the Toffees are interested in signing a Manchester City player, who has yet to make his debut under Pep Guardiola.
Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – revealed the American’s bid is his “personal favourite” and claimed an announcement will come very soon.
Multiple sources have claimed Roma owner Friedkin has agreed a deal with Everton majority shareholder Farhad Moshiri to buy the club and is set to enter a period of exclusivity.
The 59-year-old, who took over at the Italian side in 2020, has a reported net worth of £4.8billion.
He is now close to sealing a takeover at Goodison Park after moving in front of four rival bidders, including UK-based investment firm Vici Private Finance, MSP Sports Capital, local businessmen Andy Bell and George Downing – and a consortium involving a Saudi royal.
