Everton sale to FINALLY go through?! Toffees agree deal with Friedkin Group after collapse of 777 takeover

It looked as though Everton's takeover situation would rumble on forever but they seem to have been rescued by another American firm, this time in the name of Friedkin Group. Chairman Dan Friedkin - who also owns Serie A club Roma - is set to push to purchase Farhad Moshiri's 94% stake in the club, according to the BBC.

Everton's achievements on the pitch have been overshadowed by the takeover saga but 777 Partners were recently ruled out of the picture. After waiting for Premier League approval for months, the American firm then missed the deadline to complete a deal. Now, after likely fending off competition from rival bidders including Vici Private Finance, MSP Sports Capital, Andy Bell and a Saudi consortium, Moshiri is set to grant Friedkin Group exclusivity to close a deal.

Chairman Friedkin has a reported net worth of £4.78billion ($6bn). The wealthy businessman took control of Roma in 2020 and was responsible for the appointment of Jose Mourinho. He now wishes to expand his empire and oversee a multi-club model, including a Premier League club.

There are still a lot of details to iron out before Friedkin Group's takeover becomes official. The Toffees must still comply with the Premier League's profit and sustainability rules before the end of the month or they risk further punishment after being handed a points deduction last season.