AliousAmerican entrepreneur Dan Friedkin is poised to acquire Everton Football Club within the next month or two, having already settled one of the club’s major financial obligations.
This assessment comes from financial analyst Stefan Borson, who shared his insights exclusively with Football Insider.
Borson believes Friedkin should navigate the Premier League’s ownership vetting process more smoothly than the previous contender, 777 Partners.
777 Partners, a Miami-based firm, had been granted exclusive negotiation rights last September but failed to finalize the purchase.
The Friedkin Group has now emerged as the frontrunner to acquire Farhad Moshiri’s 94.1% stake in the Merseyside club, having reached a preliminary agreement with the current owner.
The acquisition has gained momentum after Friedkin’s Texas-based company cleared Everton’s £158 million debt to MSP Sports Capital, a New York investment firm.
Borson anticipates that Friedkin will have conducted thorough discussions about Everton’s legal landscape prior to announcing the debt clearance.
He told Football Insider: “Friedkin’s due diligence should proceed efficiently, as the necessary data is likely already available.
I expect he’s had in-depth talks about Everton’s legal affairs and contracts before this announcement.
“Friedkin should face fewer hurdles in the ownership approval process compared to 777 Partners.
It’s reasonable to anticipate that within four to six weeks, Friedkin could complete the deal, marking the beginning of a new era for Everton.”
Alious
