London, Dec 19 (IANS) The Friedkin Group on Thursday completed the takeover of Premier League club Everton, ending the ownership of Farhad Moshiri and years of uncertainty over the club’s future. The deal, which makes Everton the 10th club in the Premier League under American control, is thought to be worth more than 400 million pounds (502 million U.S. dollars) and comes before the club moves to its new 60,000 capacity ‘Everton Stadium’ for the 2025-2026 season.
The Friedkin Group is owned by Dan Friedkin, who has a personal worth of almost eight billion U.S. dollars and also owns the historic Italian club AS Roma.
“I take immense pride in welcoming one of England’s most historic football clubs to our global family, the Friedkin Group. Everton represents a proud legacy, and we are honoured to become custodians of this great institution,” said the new owner in an open letter to Everton supporters.
“Whilst we are new to the club, we fully understand the vital role Everton plays in local culture, history, and the lives of Evertonians here and around the world,” he said. “We are deeply committed to honouring this legacy while contributing positively to the community, economy, and people of this remarkable city,” he added.
Everton’s first game after the takeover is a difficult match at home to Chelsea on Sunday lunchtime.
Earlier last week, Everton produced an excellent defensive display to hang on for a point away to Arsenal, who had 13 shots to Everton’s one but failed to find its way past a solid defense and an excellent Jordan Pickford.
–IANS
bsk/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
