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The Friedkin Group (TFG) has completed the acquisition of Premier League club Everton.
Friedkin’s group, which also includes Roma and is led by American billionaires Dan Friedkinhe has made a big splash at Everton, kicking off a new season for the Merseyside club and ending Farhad Moshiri’s tenure at Goodison Park.
Friedkin, who bought Serie A giants Roma in 2020, is worth $6.1bn (£4.8bn).
Incoming chief executive Marc Watts said in a statement: “Today is an important and proud moment for The Friedkin Group as we become the caretakers of this sports club.
“We are committed to leading Everton into an exciting new season both here and abroad. Providing financial stability to the Club has been a key priority, and we are delighted to have achieved this.
“While restoring Everton to its rightful place in the Premier League table will take time, today is the first step on that journey.”
More to follow…
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‘Deal will leave Everton in good position’
Sky Sports News reporter Alan Myers:
“Moshiri has worked hard to end this contract.
“This work will leave the club in a better position, from where it was found, than many predictors say, because of his decision to change his debts to equal and his perseverance to build the stadium despite facing great difficulties. – some of them are not appreciated by many.
“This will be his legacy. He will admit to making mistakes, of course – and there will be mistakes.
“The team’s position in the league for a few years tells us that. But if everything goes as we hope, Everton can look to the future and will have done something.”
