Everton Football Club, Blue Heaven Holdings, and The Friedkin Group have announced an agreement for the sale of Blue Heaven's majority stake in the club.
The deal, which aims to mark a new chapter for Everton, is now pending regulatory approval from key authorities, including the Premier League and the Financial Conduct Authority.
According to Sky Sports, Farhad Moshiri’s Blue Heaven Holdings has agreed to sell its 94 percent stake to The Friedkin Group, subject to these regulatory approvals. Moshiri, a Monaco-based British-Iranian businessman, currently holds the majority ownership and serves as a board member of the Premier League club.
“Blue Heaven Holdings and The Friedkin Group confirm that they have reached an agreement over the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club. The transaction is subject to regulatory approval, including from the Premier League, the Football Association, and the Financial Conduct Authority,” it noted.