Friedkin Group deal to take up Everton baton

Image: Everton FC (Facebook)

The Blue Heaven Holdings (a holding company operated by Farhad Moshiri) and The Friedkin Group confirmed on September 23^rd that they have reached an agreement over the terms of the sale of Blue Heaven Holdings’ majority stake in the Everton Football Club (UK).

‘evertonfc.com’ stated that the transaction is subject to regulatory approval, including from the Premier League, The Football Association (FA) and the Financial Conduct Authority.

Houston (US)-based The Friedkin Group is a privately-held consortium of businesses and investments representing the passions of the Chairman and head honcho Dan Friedkin and his family. With each adventure and every pursuit of excellence, they inspire joy and purpose, creating timeless memories with precision and care. That’s their commitment to make every day more extraordinary than the last.

The Everton Football Club is a professional association football club based in Liverpool, England (UK). The club competes in the Premier League, the top tier of English football. It is one of the oldest and most successful clubs in England.

The Goodison Park is a football stadium in Walton, Liverpool, England (UK), two miles (three km) North of the City Centre, which is the home of the Premier League club Everton F.C. since 1892 and has an all-seated capacity of 39,414.

The 52,888-capacity Everton Stadium is a football stadium under construction on Bramley-Moore Dock in Vauxhall, Liverpool, England (UK) that will become the home ground for Everton ahead of the 2025-2026 seasons replacing the Goodison Park.

London (UK)-based the Premier League is the highest level of the English football league system. Contested by 20 clubs, it operates on a system of promotion and relegation with the English Football League (EFL). Seasons usually run from August to May with each team playing 38 matches: Two against each other, one home and one away. Most games are played on weekend afternoons with occasional weekday evening fixtures.

London (UK)-based The Football Association or The FA is the governing body of association football in England and the Crown Dependencies of Jersey, Guernsey and the Isle of Man. Formed in 1863, it is the oldest football association in the world and is responsible for overseeing all aspects of the amateur and professional game in its territory.

London (UK)-based the Financial Conduct Authority is a financial regulatory body in the United Kingdom. It operates independently of the UK Government and is financed by charging fees to members of the financial services industry.

‘evertonfc.com’ quoted a spokesperson for The Friedkin Group as stating, “We are pleased to have reached an agreement to become custodians of this iconic football club. We are focused on securing the necessary approvals to complete the transaction. We look forward to providing stability to the club and sharing our vision for its future, including the completion of the new Everton Stadium at the Bramley-Moore Dock.”

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• Blue Heaven Holdings
• Bramley-Moore Dock
• Everton
• Goodison Park
• The Friedkin Group

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