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, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – insisted Premier League approval will be a “formality” for the US billionaire as that process gets underway.
The Friedkin Group, who agreed a deal in September to buy Everton owner Farhad Moshiri’s 94.1% stake in the club, is currently undergoing the regulatory processes before he can take control.A New York court overseeing the legal battle involving 777 needs to approve the settlement of the £200million loan provided to the Merseysiders before the buyout is complete.
“The Premier League approval should be a formality. It usually takes this length of time, so that should be imminent.“There is work being done already behind the scenes on the football side, based on Friedkin’s views. But we need them through the door as soon as possible to get some stability back.”
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