“He is about to transform Everton into a BIG club like Manchester City” Dan Friedkin in talks with ARAB investors over…….

The Friedkin Group’s Everton Takeover: Arab Investors Enter the Fray

The American firm, The Friedkin Group (TFG), is nearing completion of its Everton takeover. Led by billionaire Dan Friedkin, TFG aims to finalize the purchase from majority owner Farhad Moshiri by year’s end.

Background and Context

TFG already owns AS Roma, having acquired the Italian club in August 2020. Under their stewardship, Roma won the Europa Conference League and reached the Europa League semi-finals last season.

Roma Stake Sale

Reports suggest TFG is willing to sell a minority stake in Roma, approximately 30%, to Arab investors. Italian journalist Enrico Camelio confirmed the seriousness of the source.

“We’ve verified that the source is serious…Yesterday at the Stadio Olimpico, there were some people – not the owners, not the Friedkins – who were wealthy. They were even in the Friedkins’ offices. We can say they are Arabs.”

Qatari Connection

Qatari emissaries attended Roma’s 1-0 defeat by Inter Milan, coinciding with Emir Sheikh Tamim ibn Hamad Al Thani’s two-day visit to Rome. Earlier this year, Il Sole 24 Ore reported Arab investors’ interest in Roma.

Roma’s main sponsor is Riyadh Season, a series of Saudi Arabian events. This connection raises questions about potential Saudi involvement.

Takeover Implications

The Friedkin Group’s takeover of Everton, combined with potential Arab investment in Roma, has significant implications:

1. Financial Boost: Arab investment could strengthen TFG’s financial position.
2. Global Reach: Qatari or Saudi involvement expands Everton’s global reach.
3. Competition: Increased financial muscle enhances competition among Premier League clubs.

Regulatory Approval

The takeover remains subject to regulatory approval. However, TFG’s existing ownership of Roma suggests this won’t be a major obstacle.

Expert Insights

“TFG’s experience with Roma demonstrates their ability to manage a European club,” said football finance expert, Dr. Dan Plumley.

“The potential Arab investment in Roma could provide a financial cushion for Everton.”

Fan Reaction

Everton supporters are cautiously optimistic, recognizing the potential benefits of increased investment.

“This could be a game-changer for us,” said Everton fan, Michael Jennings.

“However, we need to ensure the club’s identity and values remain intact.”

Conclusion

The Friedkin Group’s Everton takeover, coupled with Arab investment in Roma, marks a significant shift in the Premier League landscape. As the deal nears completion, fans and pundits alike will watch with interest.

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