July 7, 2024

According to Sky Sports, Everton owner Farhad Moshiri is prepared to sign the final agreements with Dan Friedkin as the American’s takeover nears completion. Sky Sports provided a breaking news update on X, indicating that Moshiri and Friedkin have reached an exclusive deal for the Roma owner to settle any terms before ratification.

Moshiri’s 94.1 percent interest in the club will change hands once these final paperwork are signed by the two parties, with the Friedkin Group already agreeing on commercial conditions. Everton finally on the verge of taking over to succeed Farhad Moshiri. If Friedkin is on the verge of purchasing Moshiri’s part in the club to become the next majority shareholder, Christmas may have arrived early for Goodison Park fans [Gazzetto dello Sport]. The Texan has a significantly better track record at Roma than 777 Partners, who were kicked out of Brazilian club Vasco da Gama while attempting to take over the Toffees [Rodrigo Calvazzo].

Moshiri remained loyal to 777 for nine months after signing a share purchase deal in September 2023, and only after it expired on May 31 did the Iranian begin to consider other proposals [Tariq Panja]. The fact that Friedkin may become the club’s new owner weeks later demonstrates how terribly Moshiri has handled the problem, which spans far more than just the last nine months. Toffees fans got more upset with the club’s lack of takeover progress as points deductions and other financial troubles loomed, but now that Moshiri is finally on his way out, it could be party time on Merseyside.

 

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