Premier League Approves Everton Takeover, The Friedkin Group Expected to Finalise Deal Next Week
After facing financial issues and also fines over financial rule breaches, there is some good news for Everton fans as the Premier League has now approved the takeover of the Merseyside club. The Friedkin Group is expected to complete the process in a week.
Premier League football is a very lucrative investment looking at the returns. But, there are many rules and regulations owners must follow for the transfer of ownership. Everton received a great offer from the US-based 'The Friedkin Group'. Following their financial crisis and even sanctions after the breach of premier league rules, the takeover was not smooth. American billionaire Dan Friedkin has been trying to purchase the club for several months with a massive 800 million Pound offer. However, the Toffees’ debts and Premier League rules halted the transaction. However, the Premier League has now given the green halt for the takeover after discussion and promises from both parties. Everton vs Liverpool Premier League 2024–25: Merseyside Derby Postponed Due to Bad Weather
Premier League Approves Everton Takeover
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