Roma president Dan Friedkin is ready to expand the Friedkin Group’s reign all the way to the English Premier League.
After taking over Roma in 2020, the American entrepreneur is now going to become the majority stakeholder of Everton Football Club.
Today’s report by the BBC suggests the agreement between all sides is complete.
Friedkin overcame four other bidders and is set to acquire current owner Farhad Moshiri’s 94% stake in the English side.
Moshiri is now expected to grant the group a period of exclusivity.
According to the BBC report, “Friedkin has moved in front of four rival bidders, including UK-based investment firm Vici Private Finance, MSP Sports Capital, local businessmen Andy Bell and George Downing and a consortium involving a Saudi royal.”
