US billionaire Dan Friedkin has agreed to purchase Everton FC, a move that could potentially end years of financial uncertainty for the club. Friedkin, who has a net worth of approximately $6 billion, previously attempted to buy Everton, but those negotiations collapsed in July 2023. The current owner, Farhad Moshiri, had earlier agreed to sell the club to 777 Partners in September 2022, which provided around £200 million in loans to cover operational costs [d6891975].
Moshiri has invested hundreds of millions into Everton since 2016 and is expected to write off a significant portion of shareholder loans to facilitate the sale to Friedkin. This acquisition comes at a critical time for Everton, which has faced financial challenges and uncertainty regarding its future in the Premier League [d6891975].
In the broader context of the Premier League, Liverpool FC is reportedly in talks with Adrien Rabiot, who was previously a target for Manchester United. Liverpool aims to strengthen its midfield as the transfer window progresses. Chelsea has also made an opening bid for Boca Juniors centre-back Aaron Anselmino, indicating their pursuit of defensive reinforcements. Meanwhile, Manchester City and Manchester United missed out on signing Michael Olise, who has joined Bayern Munich, showcasing the competitive nature of the transfer market [7c543c7a].
Additionally, Everton is bracing for another offer from Manchester United for star defender Jarrad Branthwaite, while Aston Villa and Southampton are interested in Swindon Town's teenage centre-back Harley Hunt. These developments reflect the ongoing activity in the transfer window as clubs seek to enhance their squads ahead of the new season [7c543c7a].
Furthermore, Fenway Sports Group (FSG), the owner of Liverpool FC, is in talks to buy French club FC Girondins De Bordeaux, which is facing financial struggles and the risk of relegation. This potential takeover would mark FSG's first acquisition of a team overseas, emphasizing the trend of multiclub ownership in football [a268f329].