What The Papers Say - 24 September

What The Papers Say - 24 September

What The Papers Say

24 September 24

By Everton

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The views on this page are taken from the local and national media and do not necessarily reflect the views of Everton.

Tuesday's edition of the Liverpool Echo focuses on yesterday's news that The Friedkin Group have struck an agreement to purchase Everton, subject regulatory approval.

The local read says: “Everton look set for a new dawn under new ownership after an agreement was reached between US billionaire Dan Friedkin and Everton owner Farhad Moshiri on Monday. The Friedkin Group have agreed to acquire the shares of Blue Heaven Holdings Limited.”

The Friedkin Group previously held talks with Moshiri in the summer, but a deal could not be reached, allowing interested parties to stake their claim, before TFG reentered negotiations and announced an agreement had been reached on Monday afternoon.

777 reached an agreement to take over the Toffees in September 2023, but failed to pass the required regulatory tests.

However, BBC Sport reports that this will not be the case with the Club's new prospective owners, reporting “this is a hurdle which the Friedkin Group, who also own Roma, are expected to clear without any such issues.”

Former Blues skipper, Alan Stubbs, told BBC Radio Merseyside: “Dan Friedkin brings a wealth of experience from the footballing side, and it is really positive (news).”

In the joint statement, the Group wrote: “We are pleased to have reached an agreement to become custodians of this iconic football club.

"We are focused on securing the necessary approvals to complete the transaction. We look forward to providing stability to the club and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock."

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