The potential takeover of Everton by the Friedkin Group will not go ahead, as confirmed by the club. The Friedkin Group, led by American billionaire Dan Friedkin, who also owns Italian side Roma, had entered an exclusivity period last month with Everton’s owner Farhad Moshiri regarding a possible purchase of the club. However, the talks have now collapsed, leading to the end of the potential takeover.
It is important to note that this collapse will not impact Everton’s transfer activity in the short term, as the club is well-funded for the upcoming window. Furthermore, the club reassured that they are actively seeking a long-term solution despite the setback.
The Friedkin Group, which had been granted exclusivity to acquire a 94.1% stake in the club held by Moshiri’s Blue Heaven Holdings, has failed to reach an agreement. This represents another blow for Everton and their fans, who have experienced months of uncertainty following previous failed takeover attempts.
In a statement, Everton expressed gratitude towards The Friedkin Group for their role in enabling the construction of the new stadium at Bramley-Moore Dock, ensuring a promising future for the club and the city of Liverpool.
A club statement read: “Following a period of exclusivity, discussions between Blue Heaven Holdings and The Friedkin Group over a potential sale of a majority stake in Everton have ended and The Friedkin Group will not be progressing with a purchase of the club.
“Both Blue Heaven Holdings and The Friedkin Group entered discussions in good faith to explore whether a sale could be agreed. Those discussions have concluded. The parties agree it is in both their interests for Everton to explore alternative options.
“The Friedkin Group will remain a lender to the club and is proud to have played a key role in enabling the new stadium to be built, which will help ensure a bright future for both Everton and the City of Liverpool.
“Blue Heaven Holdings maintains a positive relationship with The Friedkin Group and would like to thank them for the time and effort they have put into this process.
“When there is further news to share, it will be provided via the club’s official communication channels.”
The club also highlighted their positive relationship with The Friedkin Group despite the conclusion of the takeover discussions and assured fans that any further news will be communicated through the official channels.
This development comes after previous uncertainty, including a failed agreement with American investment firm 777 Partners. Despite these challenges, Everton remains focused on their upcoming move to Bramley-Moore Dock for the 2025-26 season, with the stadium’s completion scheduled for December.
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