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Everton takeover talks collapse again

By Enoch Fiifi Forson
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2 min read
Everton takeover talks collapse again

The Friedkin Group was granted exclusivity in takeover talks

Everton’s hopes of a new owner have been dashed once more after talks with the Friedkin Group broke down.

The American investment firm, which owns AS Roma, had been in exclusive negotiations to purchase the Premier League club but has now pulled out.

“The parties agree it is in both their interests for Everton to explore alternative options,” said the Friedkin Group and Everton’s current ownership group Blue Heaven Holdings in a joint statement on Friday.

The decision follows the collapse of a previous deal with 777 Partners earlier this year. The complexities surrounding the 777 Partners deal, including a £200m loan and potential legal issues, proved to be a major stumbling block for the Friedkin Group.

Despite the failed takeover, the Friedkin Group will maintain a loan to Everton, which the club has described as “stable”.

However, the search for a new owner continues for current majority shareholder Farhad Moshiri, who has faced mounting criticism for the club’s financial situation and on-field struggles. Everton’s move to a new stadium in 2025-26 remains unaffected by the latest setback.

The club’s financial woes, including significant losses and points deductions, have made finding a suitable buyer challenging. With the Friedkin Group now out of the picture, Everton face renewed uncertainty about their future ownership.

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Enoch Fiifi Forson is a sports editor with digital media team at Media General, operators of TV3 Ghana, 3News.com and more. Email: Enoch.Forson@mediageneralgh.com

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