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.

The group's billionaire chairman Dan Friedkin has owned Roma since 2020 and is said to have been in talks with Everton’s current owner Farhad Moshiri with a view to buying his 94% stake.

The proposed takeover by troubled US investment group 777 Partners fell through last month but Moshiri could not look at other options until 1 June for exclusivity reasons.

Reports state that The Friedkin Group have been preferred ahead of a number of rival bids.

Everton finished 15th in the Premier League last season despite being docked eight points for breaches of profit and sustainability rules.

The club are due to move to their new ground at Bramley-Moore Dock for the 2025-26 season with work scheduled to finish on the stadium in December.