LIVERPOOL, SEPT 24: Everton announced on Monday that the US-based Friedkin Group has reached an agreement to buy Farhad Moshiri's majority stake in the struggling Premier League club.
The deal is subject to regulatory approval from the Premier League, the Football Association and the Financial Conduct Authority.
The group, led by American billionaire Dan Friedkin, had entered a period of exclusivity to negotiate a possible purchase in June, before Everton announced the following month that no deal would be struck between the parties.
American investment firm 777 Partners were unable to complete a deal earlier this year.
John Textor, who has a 45 percent share in Crystal Palace, had appeared to be in the frame, but Everton's statement on Monday confirmed an agreement had been reached with Friedkin.
"Blue Heaven Holdings and the Friedkin Group confirm that they have reached agreement over the terms of the sale of Blue Heaven Holdings' majority stake in Everton Football Club," the club said.
A spokesman for The Friedkin Group said: "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." —AFP
