The Everton takeover process is progressing smoothly, and the news will excite the Toffees fanbase.
According to a report from i News, the Friedkin Group representatives have been in Merseyside for the past fortnight to conduct meetings with Everton staff.
Journalist Mark Douglas says that it is a major “sign” that the deal is progressing as planned.
Friedkin Group has already agreed with Farhad Moshiri to buy the Toffees, and the matter is currently going through the Premier League’s expanded Owners and Directors (OADT) Tests.
The new owners will also need approval from the Financial Conduct Authority (FCA). This should not be a huge problem in either case.
Interesting updates on the potential Everton owners
Douglas claims that neither Dan nor Ryan Friedkin were present at Goodison Park, and they are not planning to come here until they receive official confirmation from the Premier League.
So why did the TFG representatives visit recently? They have been on a fact-finding mission, and the billionaire American owners are doing deeper research as they plan how to best utilize their resources once they take charge of the club.
Sources have told iNews that the representatives have been trying to understand how the club operate on a day-to-day basis and “how things practically work and get done at the club”.
Smart work from the Friedkin Group
The 777 Partners used to visit Goodison Park frequently, but the Friedkin owners are doing the right thing here.
The issue of paying £200 million in debt to 777 will not derail the takeover, and they have found a way to solve the problem.
The official confirmation should not take more than two months, and the TFG seems also confident that the process will go smoothly.
If that was not the case, they would not send representatives to collect more information about the club’s day-to-day operations.
While it also does not guarantee anything, it shows the prospective new owners are really confident that they will pass the ownership test.
