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Search resuls for: "Everton F.C"


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LONDON — The investment group run by U.S. billionaire Dan Friedkin on Monday agreed to buy Everton F.C., potentially ending years of uncertainty for the struggling English Premier League soccer club. The deal is subject to subject to regulatory approval from the EPL, the Football Association, and Britain’s Financial Conduct Authority. Dan Friedkin, owner of AS Roma, celebrates with the Europe Conference League Trophy in 2022. The club currently sits 19th out of 20 teams in the EPL and is yet to win a game this season. Earlier this year, The Friedkin Group agreed to a deal in principle to buy Everton but pulled out of talks when it failed to reach an agreement.
Persons: Dan Friedkin, Friedkin, , Farhad Moshiri ., Moshiri, Silvia Lore, , John Textor Organizations: Everton F.C, English Premier League soccer, Football Association, Authority, Everton, Bramley, AS Roma, Europe Conference League, Premier League, Partners, Friedkin, Italian Serie, Roma, Forbes Locations: , American, Italian
Seamus Coleman of Everton gives the team instructions during the Premier League match between Everton FC and Burnley FC at Goodison Park on April 06, 2024 in Liverpool, England. LONDON — The investment group run by U.S. billionaire Dan Friedkin on Monday agreed to buy Everton F.C., potentially ending years of uncertainty for the struggling English Premier League soccer club. A spokesperson for The Friedkin Group, a privately held consortium of businesses with Chairman and CEO Dan Friedkin at the helm, said it was "pleased to have reached an agreement to become custodians of this iconic football club." Last season, it was docked points for breaching Premier League financial rules. Earlier this year, The Friedkin Group agreed a deal in principle to buy Everton but pulled out of talks when it failed to reach an agreement.
Persons: Seamus Coleman, Dan Friedkin, Friedkin, Farhad Moshiri ., Moshiri, , John Textor Organizations: Everton, Premier League, Everton FC, Burnley FC, Goodison Park, Everton F.C, English Premier League soccer, Football Association, Authority, Bramley, Partners, Friedkin, Italian Serie, Roma, Forbes Locations: Liverpool, England, American, Italian
The proposed sale of the Premier League soccer team Everton F.C. to a Miami-based holding company has stalled because the firm, 777 Partners, has failed to provide audited financial statements to a British government regulator that must approve the deal. The regulator, the Financial Conduct Authority, delivered its request to 777 Partners this month, according to multiple people with direct knowledge of the approval process, who spoke on the condition of anonymity because they were not authorized to discuss it publicly. If the company does not provide the requested financials or an acceptable explanation, its proposed takeover of Everton — a deal involving hundreds of millions of dollars in assumed debt and a coveted place in the world’s richest soccer league — could fall apart. The missing documents are the most significant complication to date in the effort by 777 Partners to add Everton to the collection of high-profile but financially troubled teams it has acquired over the past two years.
Persons: Everton — Organizations: Premier League soccer, Everton F.C, Financial, Authority, Partners, Everton Locations: Miami, British
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