BREAKING : US billionaire Dan Friedkin seeks to own EVERTON – Deal Close to Completion

BREAKING : US billionaire Dan Friedkin seeks to own EVERTON ,’reignites plan to buy Club’ – Deal Close to Completion

Farhad Moshiri, the primary stakeholder of Everton, and Friedkin, the CEO of The Friedkin Group (TFG) and owner of Serie

A team Roma, are rumored to be open to talking again about a possible sale of the team.

This comes after Friedkin withdrew his interest in acquiring the Toffees in July due to the debt structure that

the Merseyside team had been involved in under Moshiri.

This gave John Textor, the co-owner of Crystal Palace, the opportunity to look into buying the team on his own,

should the US billionaire be able to sell his interest in the south London club soon.

Last week, it was announced that Textor had gained the support of investment firm Aliya Capital.

Houston-based TFG had pulled out of negotiations back in July, over concerns about debt owed to previous would-be buyers

Miami-based 777 Partners.

The Texas-based group had previously entered into an exclusivity agreement with Moshiri in mid June,

which was seen as a huge boost after a protracted saga earlier in the summer.

777 are now being looked at by insolvency experts after a series of lawsuits, allegations of fraud and delayed payments in the last year.

TFG meanwhile, have lent Everton money owed to another lender, MSP Sports Capital, and paid the latest

invoice owed to Laing O’Rourke, the constructor of the Toffees’ new stadium at Bramley-Moore Dock.

The Friedkin Group, a privately held conglomerate of companies and assets in the automobile, hospitality,

entertainment, golf, and adventure sectors, is led by Dan Friedkin as chairman and CEO.

In the US corporate world, he has held a number of senior positions and is ‘very active in animal conservation programs and different aviation and education philanthropies’.

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