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Dan Friedkin agrees deal to buy Everton

American businessman Dan Friedkin has agreed on a deal to buy Everton, according to Alan Myers. 

The Sky Sports journalist shared on X (14 June) that Farhad Moshiri will give him exclusivity within the next 24-48 hours.

The details of the deal are still unknown, but Moshiri is expected to confirm the news to other potential suitors shortly.

In a separate tweet, Myers suggested that he understands that the AS Roma owner has submitted a very good offer that is a “good one for the financial health of the club going forward.”

Friedkin’s net worth is expected to be $6.2 billion (£4.9bn), and he has experience running a big football club. Under him, AS Roma have won the Europa Conference League in 2022.

Moshiri received many offers since he terminated the deal with 777 Partners, but it seems the Everton takeover saga is coming to an end.

Should Moshiri take more time to consider other options?

Moshiri has received some very good offers, including one from UK-based investor Vici Private Finance. According to The Times, they submitted a “concrete” offer and provided proof of having funds of about £1 billion in cash.

There were also offers from London-based Armenian Vatche Manoukian. Lifelong Everton fans Andy Bell and George Downing have also shown great desire to run the club they love.

However, it appears that Moshiri has made up his mind quickly and that a deal has been agreed now. At the moment, the terms of the deal have not been reported, but Everton fans should be happy with the fact that the saga could finally come to an end.

Everton posted losses of nearly £400 million between 2019 and 2023 and were docked eight points last season for breaching the Premier League’s profitability and sustainability rules (PSR).

The Toffees fans will be happy if they have an owner in place who will invest heavily in the squad and provide proper funding to complete the new stadium.

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