“What £768M?” Everton bound new owner is set to hit the ground running immediately as he is set to seal deal that could turn Everton into top CLUBS like Manchester City in no time and……

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In a stunning turn of events, Newcastle United owners, the Saudi Public Investment Fund (PIF), may be on the verge of pulling off a massive business deal that could have significant implications for Dan Friedkin, the soon-to-be new owner of Everton. Friedkin, who is in exclusive talks with Farhad Moshiri to acquire Everton for around £800m, could see his plans for the club altered dramatically if PIF’s £768m deal to buy Roma from him is successful.

Friedkin’s acquisition of Everton is expected to be approved by the Premier League without issue, unlike previous takeover suitors 777 Partners. However, UEFA’s recent crackdown on multi-club ownership could pose a problem for Friedkin, who also owns Italian giants Roma. UEFA has introduced measures to prevent clubs under the same ownership umbrella from competing in the same European competition, which could limit Everton’s ambitions.

However, PIF’s bid to buy Roma could resolve this issue and provide Friedkin with a significant windfall. The deal, worth £768m, includes funds for a new Roma stadium and would allow Friedkin to focus on Everton without worrying about UEFA’s multi-club ownership rules. Friedkin could potentially reinvest the funds from the sale in Everton, paying off the club’s debts of £390m and opening up new possibilities for the club’s future.

Everton’s financial situation is complex, with a loss of £115m in 2022-23 and an expected deficit of around £60m for 2023-24. However, the club appears to have dodged a PSR breach for the three-year monitoring period up to 2023-24. Friedkin’s takeover could bring much-needed investment to the club, allowing them to comply with Premier League Profit and Sustainability Rules and potentially leading to a brighter future for the Toffees.

In conclusion, the potential deal between PIF and Friedkin could have far-reaching consequences for Everton and Roma. While Friedkin’s priorities may lie with Roma, the sale of the Italian club could provide him with the resources to invest in Everton and take the club to the next level. As the transfer window continues to unfold, fans can expect more exciting developments in the coming weeks. One thing is certain – the future of Everton and Roma hangs in the balance, and only time will tell what the outcome will be.