Everton can hope to reach an agreement with the Friedkin Group within the next few days.
According to widespread reports, the Friedkin group are close to securing a deal with Farhad Moshiri to buy the Toffees, and everyone is hopeful of a positive outcome.
According to Giulia Bould, the USA business group could complete the deal within days, while Alan Myers has suggested that the entire takeover process, that is, approval from the Premier League, could take a few months.
The BBC journalist has shared on X on 23 September that she has been told that it could be agreed upon within a few days.
She wrote that the movement of the deal depends on how the talks with Moshiri unfold in the coming days.
Bould wrote on X: “Could get approval in weeks.”
Everton fans can breathe a sigh of relief
Myers suggested on X that John Textor was leading the race throughout and he had “personal agreements” with Moshiri as well, although it was mainly verbal.
The Crystal Palace majority shareholder needed to sell his shares at Selhurst Park before he could proceed to buy Everton.
The Friedkin Group previously had agreed a deal in principle to purchase current owner Moshiri’s 94% stake in June. However, they left the negotiation table in August, leaving Everton in deep uncertainty.
Last week, reports emerged that the Friedkin Group have started making contacts with Moshiri once again, and they have shown genuine interest in purchasing the club, having already lent £200 million for building the new stadium at Bramley Moor Dock.
Could get approval in weeks
— Giulia Bould (@GiuliaBould) September 23, 2024
While Textor has the experience of managing Crystal Palace, the Friedkin owners won’t be a bad option either. They have successfully run AS Roma, and are willing to invest around £500m as equity into the club.
It has taken a lifetime for Moshiri to sell his shares, but with two potential bidders on the table, fans can expect that the deal will be struck soon. There should not be any major hindrance in getting approval from the Premier League because of their transparent business model.
