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Post by Everton News. on Sept 23, 2024 19:06:33 GMT
Official
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 transaction is subject to regulatory approval, including from the Premier League, the Football Association, and the Financial Conduct Authority.
A spokesperson 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."
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Post by halewoodblue on Sept 23, 2024 22:30:15 GMT
Would have preferred Textor but glad the finish line is finally in sight so we can finally be rid OF Moshiri
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Post by rugbytoffee on Sept 24, 2024 9:29:39 GMT
Mayor of Liverpool City Region Steve Rotheram has described Everton as a “crown jewel” of English football when stating how he hopes the takeover deal for the club agreed by prospective buyers the Friedkin Group with Farhad Moshiri can enable the Blues to move forward.
Wantaway majority shareholder Moshiri – who has not attended a Premier League game at Goodison Park for almost three years – embarked on an ambitious spending spree after taking control of Everton in 2016 but despite delivering on the construction of a new stadium at Bramley-Moore Dock which will be in use from the start of next season, the Blues have been blighted by chaos on and off the field throughout his deeply troubled reign.
Monaco-based Moshiri, who cut his ties with long-time business partner Alisher Usmanov in 2022 with the Uzbekistan-born billionaire receiving several international sanctions after the Russian invasion of Ukraine, has been actively trying to offload his 94.1% stake in the club for two years having been in talks with the Kaminski Group, MSP Capital, Eagle Football Holdings (John Textor) and 777 Partners, striking a deal with the latter just over a year ago only for a protracted eight month process across the majority of last season to end with the controversial Miami-based private investment firm not receiving regulatory approval
Although the Friedkin Group now needs to pass such tests to get its own agreement rubber stamped, when it comes to the regulatory side, there are not expected to be any issues given that Friedkin already sits on numerous UEFA and European Club Association boards. Similarly, while the Premier League’s more stringent Owners and Directors Test, which assesses proof of funding and a potential new incumbent’s plans, was an area where 777 fell down, Friedkin is ranked at number 267 on the Bloomberg Billionaires Index, a daily ranking of the world’s richest people, and is calculated as having a net worth of almost $10billion.
Kirkby-born Mayor Rotheram, who makes no secret of the fact that he is a passionate fan of Everton’s neighbours Liverpool, wrote on X (formerly Twitter): “As founding members of the Football League and one of the country's most successful teams, Everton are a crown jewel deserving of careful and committed stewardship.
“This is great news for the club, fans and our wider region. Hopefully now it can begin to turn the page and move forward.”
liverpoolecho.co.uk
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Post by rugbytoffee on Sept 24, 2024 12:31:23 GMT
The Everton Fan Advisory Board says it is encouraged by the statement from the Friedkin Group about bringing stability to the club and it hopes to engage with the Blues’ prospective new owners about their vision for the future. On Monday, Everton announced the agreement of the sale of Farhad Moshiri’s 94.1% stake in the club in a joint statement with the Friedkin Group.
The Everton Fan Advisory Board (FAB) responded to the proposed takeover by saying: “We are encouraged by the statement from TFG about its aim to bring stability to our club and the group’s commitment to sharing their vision for the future of the football club and our new stadium at Bramley-Moore Dock. For several years, Evertonians have lived through an anxious and stressful time.
“The club has faced ownership uncertainty, points deductions, transfer budget limitations, and – once again – the supporters find the club at the wrong end of the league table. Throughout all these grey days, the loyalty and unswerving devotion of the Everton fanbase for the club we love and the community in which we live has been constant and strong – a beacon of light in the darkness.
“It is our hope that TFG recognises that the most important and influential stakeholder of Everton is its supporters. FAB representatives have previously met with prospective bidders, and we would strongly encourage TFG to take a similar approach in engaging with us, so that we can help them to understand what supporters expect from any new owner.
“Our club has untold potential, and harnessing the passion of Everton supporters can be a critical factor in helping drive us to success. To this end we have produced a set of principles and considerations based on input from the regular fan engagement sessions that we have held.
“These questions are adjoined to the values and traditions that are embedded in our hearts and souls as handed down through generations of Evertonians.”
Dave Kelly, chair of the Everton FAB added: “Everton FC is one of the greatest sporting institutions in club football. The FAB hopes any new ownership will nurture, invest and, most of all, recognise that their role as the steward of Everton FC is to run the club in partnership with the supporters, in a way which embraces its heritage, sustainability, creativity and commercial potential.”
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Post by Avinalaff on Sept 24, 2024 17:17:33 GMT
Would have preferred Textor but glad the finish line is finally in sight so we can finally be rid OF Moshiri Maybe Textor was just a decoy by Moshiri in order to make Friedkin sweat ha ha. |
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