Toffees have now been left to seek ‘other possibilities’ in order to find new owners. Everton are still looking for new owners after the Friedkin Group’s proposed acquisition of the club failed. Since last month, the consortium, chaired by American billionaire Dan Friedkin and owner of a controlling share in Italian club Roma, has been in exclusive talks to negotiate a potential purchase.
There had been hope that a deal could be reached, but Everton announced on Friday morning that talks had been called off. The revelation comes as a blow to Everton, who saw their purchase bid by 777 Partners fall through earlier this summer. The US-based group had agreed to buy main owner Farhad Moshiri’s 94% ownership in the club in September 2023, but the deal was called off in early June.
The Friedkin Group then surfaced as potential new owners, although they have since withdrawn from discussions as well. “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,” the statement added.
“Both Blue Heaven Holdings and The Friedkin Group got into good faith discussions to see if a deal could be agreed upon. These discussions have concluded. The parties agree that Everton should look into alternative solutions. “The Friedkin Group will continue to lend to the Club and is proud to have played a key role in allowing 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 new information to provide, it will be distributed through the Club’s official communication channels.”
