How The Friedkin Group will tackle Everton debt as takeover moves forward

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How The Friedkin Group will tackle Everton debt as takeover moves forward
777 PartnersFarhad Moshiri
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Prospective Everton owners, the Friedkin Group, are expected to tackle the club's debt issues

Everton look set to have new owners in the coming weeks after The Friedkin Group agreed a deal with Farhad Moshiri to acquire the club. Once in place, the group will have a number of key issues to tackle. It was on Monday when it was announced that US billionaire Dan Friedkin’s firm had reached an agreement to purchase the majority shareholding held by Moshiri’s Blue Heaven Holdings Limited.

The Friedkin Group are likely to have plentiful options when going to the market to raise debt given their strong track record, and with the cost of borrowing showing signs of falling, they are likely to have access to far more favourable terms financially for the club.

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