KIN-CREDIBLE Everton on verge of £800m takeover as Roma billionaire Dan Friedkin WINS battle to become new owner
Everton have been put off the prospective new owner because of a comment he made.
FARHAD MOSIRI is poised to light the blue touchpaper on an £800million takeover by Roma owner Dan Friedkin.
An announcement allowing the billionaire American a period of exclusivity to complete due diligence could be announced within hours.
Friedkin, worth £4.8billion, has beaten off a bid by Vici Private Finance in the battle to become the new Everton owner.
Friedkin is believed to have agreed to majority owner Moshiri’s demand for £200m up front to be given the rights to examine the club’s finances before moving ahead with the deal.
His entrance as the new head honcho of the Toffees may not, however, go down well with some supporters.
They are already upset that a member of his Friedkin Group described Everton as “the second club in Liverpool.”
While Friedkin himself said after buying Roma in 2020 that the Serie A club would “always be the jewel in his football crown.”
A straw poll of fan group Upper Gwladys Street Blues gave him only one per cent backing last weekend while Vici, funded by two American private companies and who showed £800M in cash to Moshiri, got 79 per cent.
Yet Everton are in desperate straits with debts of almost £600m plus Moshiri needs a further £200m to complete the construction of his club’s new Bramley – Moore Dock home.
What’s more, after losses of £133m over the last two years, they are already £2m beyond the Prem profit and sustainability limit of £105 going into the year of the regulation cycle.
