Dan Freidkin is reportedly top of the line to purchase Everton. According to speculations, Dan Freidkin has emerged as the front-runner to buy Everton. According to The Athletic, the American billionaire is first in line and is considering purchasing Farhad Moshiri’s 94.1% ownership. It is expected that Freidkin, through his organization, the Freidkin Group, will make a decision within the next 24 hours.
Everton has received interest from a number of parties after 777 Partners’ proposed purchase collapsed at the end of last month. They include local businesspeople Andy Bell and George Downing, MSP Sports Capital, and, most recently, Vici Private Finance.
However, Freidkin is widely regarded as the favourite. The Texas-based investor also owns the Italian team AS Roma, which he has owned since 2020. He has an estimated net worth of $6.2 billion.
Everton’s takeover decision is due on Saturday, with a strong favourite to buy out. Farhad Moshiri emerges. Dan Friedkin’s company is now the “strong favourite” to take over Everton, according to The Athletic. The outlet said on their website on June 14 that a decision on whether to conclude a contract to sell to the Roma owner is due within the next 24 hours.
The decision on whether to buy Farhad Moshiri’s 94% stake in the Toffees is supposed to be up to American Friedkin, 59, the Texas-based film producer. Rival proposals had already been made by MSP Sports Capital, Everton businessmen Andy Bell and George Downing, a partnership fronted by Vatche Manoukian, and Vici Private Finance. Friedkin’s interest was described as “very serious” [Sky Sports Italy, 8 June], however he was not believed to have made an official bid [The Athletic, 8 June].
Dan Friedkin has emerged as the leader in the Everton takeover contest. Friedkin’s ownership of Roma has been viewed as a significant impediment to him carrying out a takeover at Goodison Park because to the possible complications with multi-club groups’ teams facing off in the future [Talking the Blues, 8 June]. So whether this finally leads to another twist in the Toffees’ takeover saga or signals changes are on the way for the Serie A team remains to be seen, with Bell and Downing’s proposal previously regarded as the most appropriate by certain experts.
But it is only the latest surprise that Moshiri has managed to produce, having spent 37 weeks in an exclusivity agreement with 777 Parters last season and then being reported to be in serious talks with their main backer A-Cap despite the collapse of the previous bid [Telegraph, 12 June]. Friedkin appears to be a better fit than 777, given his ownership of the Stadio Olimipico has not been marked by the red flags seen at Standard Liege.
Forbes estimates the American’s net fortune at $6.2 billion [£4.89 billion], implying he has the means to satisfy the Premier League. However, considering how frequently the ownership status has changed, it remains a moving feast until an actual agreement is revealed, which may now be imminent.
