The Friedkin Group have agreed to acquire Farhad Moshiri's shareholding in Everton having initially stepped away
Everton look set for a new dawn under new ownership after an agreement was reached between US billionaire Dan Friedkin and Everton owner Farhad Moshiri on Monday. The Friedkin Group have agreed to acquire the shares of Blue Heaven Holdings Limited. What happens next is that the Friedkin Group will go through the necessary steps of obtaining approval via the Premier League ’s owners and directors tests, the FA’s fit and proper persons test, and the Financial Conduct Authority’s test.
There were concerns around the potential for proceeds of crime to be an issue in the future if a criminal case was brought. The Friedkin Group, as creditors of the football club, had maintained continued dialogue with Moshiri and other lenders even after stepping away due to any successful takeover attempt having to pay off the Friedkin Group loan at the point of completion.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Friedkin Group stance on fresh Everton takeover bid clarified amid John Textor talksA report on Monday evening claimed that The Friedkin Group had reignited its plan to buy Everton from wantaway owner Farhad Moshiri
Read more »
Everton takeover: Friedkin Group in advanced talks for dealThe Friedkin Group are in advanced discussions for a takeover of Everton after resuming talks with majority shareholder Farhad Moshiri.
Read more »
Everton takeover: Friedkin Group in advanced talks for dealThe Friedkin Group are in advanced discussions for a takeover of Everton after resuming talks with majority shareholder Farhad Moshiri.
Read more »
Everton takeover: Blue Heaven Holdings and The Friedkin Group confirm agreement reached for majority stakeThe Friedkin Group has agreed a deal to acquire a majority stake in Everton.
Read more »
BREAKING Friedkin Group Everton takeover confirmed as Farhad Moshiri agreement reachedThe Friedkin Group have confirmed that they have reached agreement over the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club
Read more »
What Friedkin Group will bring to Everton is clear as silence speaks volumesChief Business of Football Writer Dave Powell on one of the greatest assets of The Friedkin Group will bring to Everton after their takeover bid was accepted
Read more »