He Friedkin Group will not proceed with its plans to buy a majority stake in Everton after being granted a period of exclusivity last month, the Premier League club said in a statement on Friday. “Following a period of exclusivity, discussions between Blue Heaven Holdings and The Friedkin Group regarding a possible sale of a majority stake in Everton have ended and the Friedkin Group will not proceed with the purchase of the club,” Everton said. .
The Friedkin Group, which is also the majority owner of Italian Serie A club AS Roma, is in exclusive talks to buy a stake after a takeover deal with potential owner 777 Partners fell through.
“Both Blue Heaven Holdings and The Friedkin Group entered into discussions in good faith to explore whether a sale could be agreed upon. Those discussions have concluded. The parties agree that it is in their best interests to at Everton to explore alternative options.”
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
