Takeover Aftermath? – Dan Friedkin Faces £28m FINE Amid Everton Takeover and Roma’s Financial Woes…A Dishonest Move was Identified and…

Dan Friedkin Faces £28m Fine Amid Everton Takeover and Roma’s Financial Woes

American billionaire Dan Friedkin is poised to bring stability to Everton upon completing his takeover. However, he faces regulatory issues, including a potential £28m fine related to Roma’s allegedly misreported financial declarations.

Everton, having suffered two points deductions for Premier League Profit and Sustainability Rules (PSR) breaches last season, are no strangers to navigating football’s financial rulebook. Another PSR hearing looms, potentially resulting in further sporting sanctions.

Friedkin’s Roma, where he has been in charge since 2020, are accused of misreporting financial declarations between 2016 and 2021, including player transfers and tax accounts. Although most of the timeframe predates Friedkin’s ownership, he would be responsible for underwriting any associated costs.

This development comes as Roma’s fans have turned on Friedkin following his decision to sack club legend Daniele De Rossi. Speculation surrounds Friedkin potentially selling Roma to Saudi investors, fueled by the club’s partnership with Riyadh Season and the signing of a defender from the Saudi Pro League.

Liverpool University football finance lecturer Kieran Maguire predicts Friedkin would recoup the £465m he paid for Roma if he chooses to sell.

Key points:

• Dan Friedkin faces £28m fine related to Roma’s alleged financial misreporting.
• Everton’s new owner must navigate Premier League’s Profit and Sustainability Rules.
• Roma’s fans have turned on Friedkin after sacking Daniele De Rossi.
• Speculation surrounds potential sale to Saudi investors.
• Friedkin’s commitment to Roma and multi-club model remains uncertain.

Friedkin’s challenges extend beyond Everton’s takeover, as he addresses Roma’s financial and managerial issues. The outcome will significantly impact both clubs’ futures.