The Friedkin Group set for Everton takeover
Everton have reached an agreement in principle with The Friedkin Group for a takeover of the Premier League club, according to several reports.
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Everton have reached an agreement in principle with The Friedkin Group for a takeover of the Premier League club, according to several reports.
The summer transfer window is now officially open and with news that Erik ten Hag will remain at Manchester United manager, the intensity will increase at Old Trafford as they look to challenge at the right end of the Premier League table.
Everton said on Saturday they are assessing “all options for the club’s future ownership” after the deadline for a takeover by American investment firm 777 Partners expired.
Everton said on Saturday they are assessing “all options for the club’s future ownership” after the deadline for a takeover by American investment firm 777 Partners expired.
Everton are assessing “all options for the club’s future ownership” after 777 Partners’ proposed takeover fell through.
Everton are attempting to secure new financial backing to safeguard the club's future after the collapse of a takeover deal with U.S. private equity firm 777 Partners.
Premier League strugglers Everton revealed an 89.1 million pounds ($112 million) loss for the 2022-23 season in their latest financial accounts on Sunday. Everton's losses were a significant increase from the 2021-22 season, when their accounts showed a 44.7 million pounds deficit. The Goodison Park club have blamed the indefinite suspension of sponsorship deals with key commercial partners as mitigation for the increased loss. Everton's latest accounts, which also show heavy investment in the club's new stadium, comes at a time when their finances are under scrutiny.
Seamus Coleman's stoppage-time own goal condemned Everton to a bruising 2-1 defeat at Bournemouth as they equalled their worst Premier League run of 12 games without a win.