Everton takeover: Blue Heaven Holdings and The Friedkin Group confirm agreement reached for majority stake

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Everton takeover: Blue Heaven Holdings and The Friedkin Group confirm agreement reached for majority stake
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The Friedkin Group has agreed a deal to acquire a majority stake in Everton.

The Friedkin Group, which also owns Roma, was close to agreeing a deal to buy Everton a few months ago, only to announce it had pulled out due to concerns over loans which the club had taken up with other investors. The deal struck between Blue Heaven Holdings - run by Farhad Moshiri - and The Friedkin Group is subject to regulatory approval, including from the Premier League, the Football Association and the Financial Conduct Authority.

We look forward to providing stability to the club, and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock.' More to follow... This is a breaking news story that is being updated and more details will be published shortly. Please refresh this page for the latest updates. Sky Sports brings you live updates as they happen. Get breaking sports news, analysis, exclusive interviews, replays and highlights.

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