Farhad Moshiri finally sells Everton after two years of suspense

In England, Everton Football Club is nearing the completion of a significant takeover that has been ongoing for nearly two years. The current owner, Farhad Moshiri, has been attempting to sell his 94.1 percent stake in the club amid prolonged delays primarily caused by bureaucratic challenges. However, recent developments suggest that The Friedkin Group, which originally withdrew from negotiations, is now properly positioned to finalize the deal after returning to the negotiation table and agreeing on terms in September 2024. This is believed to be a pivotal moment in Everton's ownership saga, which has seen the club struggle to find stability amidst speculation and uncertainty. As the deal progresses, The Friedkin Group, led by Dan Friedkin, is optimistic about receiving approval from the Premier League's owners and directors test (OADT) very soon. Senior sources involved in the talks have indicated that they foresee no major obstacles that might impede the completion of the transfer of ownership. This approval is crucial, as it signifies that the new ownership will meet the league's strict financial and ethical standards. Dan Friedkin, who also owns AS Roma, has an estimated wealth of around £4.8 billion, suggesting that he possesses the financial strength necessary to lead Everton into a new era. The potential shake-up in the club's ownership is likely to influence the current management and team's performance. Everton has been struggling in the current season, sitting just five points above the relegation zone. This adds a layer of pressure on head coach Sean Dyche, who has faced criticism due to the team’s underwhelming start to the campaign, only gathering 14 points from 14 matches. Dyche's contract runs until the end of the season, leaving uncertainty regarding his future if results do not improve. This looming ownership change represents a crucial juncture not just for Everton but for its fanbase and stakeholders who have closely monitored the club's unstable leadership for years. Fans hope that new owners might revitalize the club and provide the necessary support to enhance its performance on the pitch, making it competitive once again. Furthermore, as expectations rise, the pressure on Dyche and the players will also increase, leading to a critical few months ahead as the ownership transition unfolds.