Friedkin pulls out of Everton acquisition over debt concerns
July 22 – Everton owner Farhad Moshiri is looking for another buyer for the club after the Friedkin Group pulled out of a £400 million deal agreed in principle in June.
The US investors, who also own Serie A club Roma, had entered a period of exclusivity with Moshiri, but are understood to have become concerned over the complications of Everton’s debt.
Friedkin had injected £200 million into the club that included paying off a £158 million loan to MSP Sports Capital and two local businessmen.
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