Everton fans can finally see a ray of hope as AS Roma owner Dan Friedkin is close to reaching an agreement with Farhad Moshiri to buy the club.
The USA business tycoon re-emerged at the negotiation table after walking away from the discussion back in August. They have now emerged as a serious option, and they are close to striking a deal with Moshiri to buy his 94% shares at the club.
John Textor was very close to securing a deal with Moshiri, and he had personal agreements as well, but after a dramatic change of events in the last 48 hours, it appears that the Friedkin group are moving ahead with the deal.
According to a report from talkSPORT, there is hope that a “deal can be agreed”. The Friedkin Group are willing to convert the £200 million they have lent into equity as part of the deal.
Alan Myers has shared that TFG could involve an equity investment of £400-500 million into the club.
The news will come as a big blow to Textor, who was hoping to sell his Crystal Palace shares and move with an effort to buy Everton. However, the Friedkin Group has always shown interest in buying the club, and they have already lent a huge amount of money.
Myers suggests that once a deal is agreed, the process will start, but it shouldn’t take more than a month to complete the takeover.
They are not only a wealthy business group but also are successfully running a top football club, AS Roma. They are transparent with their business, and there should be no reason whatsoever for the Premier League not to give them the green signal to complete the process.
Moshiri has run the club wildly, and that’s why they are in this mess. The new group will be expected to make steady progress, and bring stability back at the club.
