End of Moshiri - Friedkin, APPROVAL AGREED

[Gash]

No.

[StirlingBlue]

What does 650m with 400 debt mean. He's paying moshiri the 250 obviously. Does that mean he's also committed to clearing another 400m of debt. Is that genuine debt we are paying interest on or is it what moshiri has lent us??

Where does this leave us debt wise?? Anyone got any clue

I’m sure we’ll get more details in coming days but I guess he’ll be consolidating the debt - we’ll owe it to him but on much more favourable terms.

Really doubt he’ll just clear it.

[Silas]

This could finally be the start of a new era. We need to give it time and patience, something that we as fans are notoriously bad at but with no moshiri and no Kenwright involved this could be the freshest of starts.

Trying not to get too carried away but at the same time if you can't get excited about this when can you?

[Dchans]

No, this is exactly what we needed - someone with business acumen, and less emotional ties so that decisions can be made with the good of the club at the centre of them

[dsaund]

Seems too good to be true. Will still be some tough times ahead righting the ship, but it’s the first time I’ve felt some genuine relief these last few years

[Escalator]

I’m sure we’ll get more details in coming days but I guess he’ll be consolidating the debt - we’ll owe it to him but on much more favourable terms.

Really doubt he’ll just clear it.

I would imagine he has to repay the £158million to Bell/Downing and the £200million to 777 which are part of the £400million debt which as mentioned we would then owe to him rather than them at much better interest rates.

[MayorFarnham]

Seems too good to be true. Will still be some tough times ahead righting the ship, but it’s the first time I’ve felt some genuine relief these last few years

I can think of quite a few scenarios that I'd consider too good to be true. Not this is one at this stage.

[Cozzie]

https://www.gazzetta.it/Calcio/Serie-A/ ... etto.shtml

Should give you the option to translate, basically says tomorrow is the day.

Also dives into the apparent notion that Roma fans are worried by this and believe they will play second fiddle to us.

[Bluedylan1]

https://www.gazzetta.it/Calcio/Serie-A/ ... etto.shtml

Should give you the option to translate, basically says tomorrow is the day.

Also dives into the apparent notion that Roma fans are worried by this and believe they will play second fiddle to us.

Yeah Roma fans are massively worried. Had another look at one of their main forums a couple of days ago, and there was so much anxiety on display, it actually felt like an Everton forum.

The general view is that the Friedkin Group are either looking to sell Roma in the near future, or they've become so frustrated with the red tape and lack of growth in Italian football, that they're diverting their efforts to a more dynamic league.

[Dchans]

Good good

Looking forward to tomorrow now

[Toddacelli]

Bring it the fuck on!

[Bluedylan1]

Some more very encouraging stuff -

https://inews.co.uk/sport/football/ever ... up-3116644

Why Everton’s prospective new owners are ‘perfect’ for the Premier League

The Friedkin Group has agreed to buy Farhad Moshiri's majority stake in the club following the collapse of 777 Partners' failed takeover bid.

Ryan Friedkin is expected to take frontline responsibility for Everton if the Friedkin Group complete a deal to acquire Farhad Moshiri’s majority stake.

iNews understands that a deal remains on track for the group – owned and run by Texan billionaire Dan Friedkin – to take over Everton with exclusivity expected to be granted by Moshiri “imminently”, according to a source close to the deal.

And sources have told i that Friedkin’s 34-year-old son Ryan, who is a huge fan of the Premier League, could take a prominent role in the transformation of Everton.

Fans can expect substantial infrastructure investment – with the academy, training ground and women’s team benefiting hugely from their ownership at Roma – and team strengthening but, perhaps crucially, a return to financial stability and more certainty around the team ahead of the move to a new stadium at Bramley-Moore Dock in just over a year.

The Friedkins have plunged an estimated $1bn into Roma in four years, repairing the club’s finances and – crucially – dragging them back into financial fair play compliance over four years. They modernised the club by appointing their first sporting director, revenues improved by 17 per cent last season and there has been a Europa Conference League victory on their watch. In the debit column they have failed to land Champions League football.

While there has been shock in Rome that the Friedkins have moved for the Toffees their desire to buy an English club is nothing new.

i can reveal that the Friedkin Group, who have owned Roma since 2020, have previously explored the possibility of buying West Ham and at least one Championship club. Ryan is a Chelsea fan but his allegiances would “obviously shift” if terms can be agreed on a deal which would bring another club under American control.

Expect to see him and film tycoon father Dan – who is also a qualified pilot who flew marquee hires Jose Mourinho and Romelu Lukaku to Rome on a private plane after completing deals for both – on the ground “from day one”.

“If they manage to do this deal, I suspect they will be ‘all in’. They are very supportive of people at Roma. They are not perfect, they have made mistakes there but this would be a serious investment,” an insider says.

Deal makers are watching events unfold with fascination. One who spoke to i pointed out that if acquiring Everton was with the intention of creating a multi-club model they could run into problems with whichever club took on more junior status given the proud heritage of both. Uefa rules would currently prohibit both clubs from playing in European competition at the same time, although Everton would be thankful for merely avoiding another brush with relegation in the short-term.

“I think the Friedkins are the perfect owners for the Premier League,” Andy Mattioli, a journalist with Roma Press who has seen firsthand the transformation at the Stadio Olimpico, tells i.

“In the Premier League it is actions rather than words from owners that matter, which is different from Serie A. In England it is how much you spend, what you do with those resources, that matter.

“In Italy there is a tendency for owners to talk a lot but their first statement said ‘You will not hear from us unless we want you to hear from us’.

“And they have followed those words up with investment''.

[Cozzie]

Sound exactly what we need.

Just run the club efficiently, that's all we ask for.

[Audrey Horne]

I feel sick with excitement tbh.

[Toffee1]

About time we can look to the future with a degree of optimism.

May not be perfect but is a much better prospect than what we have now or could have had with 777.