The Friedkin Group have reached an agreement with Blue Heaven Holdings over the terms of the sale of Farhad Moshiri’s majority stake in Everton, the Premier League club said on Monday.
The announcement comes two months after the Friedkin Group had abandoned plans to buy a majority stake in the Merseyside club after being granted a period of exclusivity.
The Friedkin Group, majority owners of AS Roma, were in exclusive talks to buy a stake in Everton after a takeover agreement with prospective owners 777 Partners fell through.
“We are pleased to have reached an agreement to become custodians of this iconic football club,” a spokesperson for the Friedkin Group said in a statement.