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Everton takeover latest: New Friedkin cash injection imminent – Kieran Maguire

Thu 19 December 2024 17:30, UK

The Friedkin Group are already planning to put more money into Everton after completing their takeover of the club, football finance expert Kieran Maguire has said.

It was confirmed on Thursday (19 December) that the group, led by Dan Friedkin have completed their takeover of the Toffees, buying a 98.8% controlling stake from Farhad Moshiri.

Having got that deal completed it seems they are already planning yet more moves to further their involvement in the Merseyside club.

According to Maguire, the Friedkins are planning to put further equity into Everton, that will see the stake they hold in the club increased even further, to 99.5%.

It is also suggested that they will look to consolidate any third party borrowings that have been made around the Toffees, as they look to get the financial situation in order on the blue half of Merseyside.

I understand that TFR will be injecting further equity into Everton shortly that will take their investment from 98.8% to 99.5%.
Also expect to see consolidation of any third party borrowings as they get their ducks in a row#EFC
— Kieran Maguire (@KieranMaguire) December 19, 2024

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Everton fans can be excited by early Friedkin updates

Football Insider Opinion

Everything right now does seem to pointing towards the signs being promising for the Toffees under their new owners.

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It seems clear they have walked into a very challenging financial situation with their takeover of Everton now completed.

However the fact they are taking steps to rectify those issues so quickly certainly indicates they are serious about turning things round at the club.

That ought to give supporters hope that their team is heading into a more secure period, certainly from a financial perspective at least.

With Sean Dyche seemingly set to remain as Everton manager for the time being as well it seems they will not be rushing into any hasty decisions on the pitch either.

All of that therefore means fans of the Toffees may have reason to be confident of a more positive future under the Friedkin Group.

In other news, a Ligue 1 club are plotting a January move for an Everton player.

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