• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

U.S. Firm Friedkin Group Seals Deal To Buy Everton

by Leadership News
9 months ago
in Sport
Share on WhatsAppShare on FacebookShare on XTelegram

U.S. Firm Friedkin Group is to take over Everton after reaching a full sale agreement to purchase owner Farhad Moshiri’s 94.1 percent stake.

Advertisement

The takeover is expected to be completed before the end of 2024 and will end Moshiri’s eight-year reign at Goodison Park. The British-Iranian businessman is understood to have reduced his asking price out of his belief that the American company, run by Dan Friedkin, represented the best owners for Everton.
Moshiri, a former Arsenal shareholder, first bought a 49.9% stake in Everton in 2016. By January 2022, he had increased his stake to 94.1% with a £100m capital injection.

Last year, the Miami-based investment fund 777 Partners said it had signed an agreement to acquire his stake, but the deal fell through when the agreement expired amid delays in meeting the necessary conditions outlined by the Premier League.

Now the parties said in a short joint statement they have “reached agreement over the terms of the sale” of Moshiri’s stake, adding that the deal is subject to approval from English authorities.

“We are pleased to have reached an agreement to become custodians of this iconic football club,” a spokesperson for the Friedkin Group said.

RELATED

CWC: PSG Thrash Lionel Messi’s Inter Miami 4-0, Advance To Quarterfinals

CWC: PSG Thrash Lionel Messi’s Inter Miami 4-0, Advance To Quarterfinals

15 minutes ago
NLO: Cultivate A Winning Habit, Kanu Tells Enyimba Feeders

Kanu, Ikpeba To Attend NNL Super 8 Opener

8 hours ago

“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.”

Everton flirted with relegation last season after having points deducted twice for breaching the Premier League’s Profitability and Sustainability Rules (PSR). This season, Sean Dyche’s side are second-bottom of the table with one point after five games.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

3rd Renewable, Energy Efficiency Conference X-rays Initiatives For Net-zero Success

Next Post

Wike, FIRS Chair, NACCIMA Clamour For Business Enabling Climate In Abuja

Leadership News

Leadership News

You May Like

CWC: PSG Thrash Lionel Messi’s Inter Miami 4-0, Advance To Quarterfinals
Football

CWC: PSG Thrash Lionel Messi’s Inter Miami 4-0, Advance To Quarterfinals

2025/06/29
NLO: Cultivate A Winning Habit, Kanu Tells Enyimba Feeders
Sport

Kanu, Ikpeba To Attend NNL Super 8 Opener

2025/06/29
WAFCON 2024: CAF Celebrates Former Super Falcons Captain, Ebi
Sport

WAFCON 2024: CAF Celebrates Former Super Falcons Captain, Ebi

2025/06/29
Rivers Angels Beat Nasarawa Amazons On Penalties To Win President Federation Cup
Sport

Rivers Angels Beat Nasarawa Amazons On Penalties To Win President Federation Cup

2025/06/29
President Federation Cup: Kwara United’s Victory Excites Gov AbdulRazaq
Football

President Federation Cup: Kwara United’s Victory Excites Gov AbdulRazaq

2025/06/29
Kwara United Win 2025 President Federation Cup
Sport

Kwara United Win 2025 President Federation Cup

2025/06/28
Leadership Conference advertisement

LATEST

CWC: PSG Thrash Lionel Messi’s Inter Miami 4-0, Advance To Quarterfinals

Soldiers Kill Terrorist Kingpin Mai Dada, Recover Weapons

Abducted Benue Links Bus Passengers Regain Freedom After 1 Week In Captivity

Okunbo Foundation Expands Artistic Opportunity In Nigeria

Why Tinubu Is Visiting Saint Lucia — Presidency

Mischief Makers Behind SGF Sack Rumour — Federal Gov’t

Kano Gov’t Renames Institute, Commission After Deceased 22 Athletes

Don’t Help Anyone Carry Bags You Didn’t Pack, NDLEA Warns Travellers

Delta South APC Leaders, Stakeholders Endorse Tinubu, Oborevwori For Second Term

Ex-Footballer, Businessman, Others Arrested Over Illicit Drugs

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.