Everton takeover: Friedkin Group aborts buy-out after failing to reach agreement
Farhad Moshiri, who bought a 49.9% share in Everton in 2016, is now the club’s majority owner through Blue Heaven Holdings with a 94% stake.
However, Moshiri has faced growing criticism from supporters, with the club posting losses of just under £400m for the four years between 2019 and 2023.
Those losses saw the club docked a total of eight points for breaches of the Premier League’s Profit and Sustainability Rules.
Moshiri announced in September 2023 that a deal had been struck with 777 Partners for a takeover, but that was followed by delays as the group struggled to meet the Premier League’s ownership conditions.
That takeover deal collapsed in June when 777 failed to meet a deadline for share purchase agreement.
Everton have confirmed their move to a new stadium at Bramley-Moore Dock for the start of the 2025-26 season.
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