Everton’s takeover negotiations collapse once more

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Everton’s hopes of securing a new owner have been dashed once again after talks with the Friedkin Group broke down.

The American investment firm, which owns AS Roma, had been in exclusive negotiations to purchase the Premier League club but has now withdrawn.

“The parties agree it is in both their interests for Everton to explore alternative options,” said the Friedkin Group and Everton’s current ownership group Blue Heaven Holdings in a joint statement on Friday.

The decision comes after a previous deal with 777 Partners fell through earlier this year. The issues with the 777 Partners deal, including a £200m loan and possible legal problems, made it difficult for the Friedkin Group.

Even though the takeover failed, the Friedkin Group will still keep their loan to Everton, which the club says is “stable.”

Current majority shareholder Farhad Moshiri, who has been criticized for the club’s financial troubles and poor performance, is still looking for a new owner. Everton’s move to a new stadium in the 2025-26 season is not affected by this latest setback.

The club’s financial problems, including big losses and point deductions, have made it hard to find a buyer. With the Friedkin Group now out, Everton faces more uncertainty about their future ownership.