The Friedkin Group has reached an agreement with Blue Heaven Holdings to purchase Farhad Moshiri’s majority stake in Everton.
The Friedkin Group, led by American businessman Dan Friedkin, had interest in purchasing the club over the summer, but the talks reportedly fell through due to Everton's large outstanding debt of over
$798 million (£600 million), per The Athletic. Moshiri briefly turned to John Textor, the owner of Lyon, but Textor’s Eagle Football Group's 45% stake in Crystal Palace prevented the group from also acquiring Moshiri’s 94% stake in Everton.
