Friedkin Group secures approval to become Everton Owners

The Friedkin Group (TFG) have secured approval from the  Premier League to become the new owners of Everton, Sky Sports News understands.

TFG has been undergoing the regulatory process since agreeing a deal to purchase Farhad Moshiri’s 94.1 per cent shareholding in the club.

The takeover is now expected to be finalised next week with the Premier League Oversight committee set to rubber stamp the deal.

TFG agreed a deal to acquire a majority stake in Everton in September.

The Friedkin Group, which also owns Roma and is led by American billionaire Dan Friedkin, was close to agreeing a deal to buy Everton last summer, only to announce it had pulled out due to concerns over loans which the club had taken up with other investors.

However, the deal struck between Blue Heaven Holdings – run by Moshiri – and The Friedkin Group has now passed regulatory approval from the Premier League.

Friedkin, who bought Serie A giants Roma in 2020, has an estimated worth of $6.1bn (£4.8bn).