“Everton” ends the era of “Moshiri”, owner of “Roma” takes over 400 million pounds. kodma168

kodma168 The Friedkin Group have completed their acquisition of a majority stake in Premier League side Everton, ending the Farhad Moshiri era.

The deal is believed to be worth more than £400 million, making the Toffees the 10th club in the league to have an American stake as their major shareholder. kodma168

The two parties reached an agreement on September 23 and are awaiting approval, with the Premier League having the final say, which has now been approved.

The Texas-based consortium, led by Dan Friedkin, also owns Serie A side Roma, has a net worth of £6.16 billion, according to financial magazine Forbes. Friedkin

has been named Everton’s chairman, with Mark Watts taking charge of the club’s management.

British-Iranian businessman Moshiri initially bought a 49.9 per cent stake in the club in 2016, before increasing his stake to 94.1 per cent in 2022.

Everton, who have not been relegated from the top flight since 1953/54, have been in the bottom half of the table for the last three seasons (16th, 17th, 15th) and are currently 16th. ( kodma168 )

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