As manager Sean Dyche faces an uncertain future at Goodison Park, TEAMtalk can disclose that the Friedkin Group’s takeover of Everton is nearing completion.
After failing to reach a consensus, Everton’s takeover negotiations with the Houston-based group were canceled in July.
The Friedkin Group agreed to purchase Farhad Moshiri’s 94% majority ownership in the Toffees in late September, just when it appeared that months of planning would be in vain.
Since then, there hasn’t been much activity on this front, but according to our sources, the takeover should be finished by mid-December.
TEAMtalk is aware that a decision on Dyche’s future has not yet been taken, and that a strategic review of numerous roles is scheduled for when they formally assume possession of the club.
Although there are currently no details, sources have stated that the potential new owners will bring in their own staff and make changes at the top of the Merseyside team, currently ranked 15th in the Premier League.
Although there will be some money available during the January transfer window, the Friedkin Group thinks they can get Everton to contend for European qualification spots once more. However, the big revamp won’t take place until the following summer.
For now, Premier League survival is the main priority but after points deductions and near relegations, the future could be looking brighter for Everton – especially with their new stadium on the way.
Same constraints for Dyche?
Dyche, the manager of Everton, acknowledged that he anticipates working under the same financial restrictions during the January transfer window as he has since joining the team in January 2023.
“There’s no news, so we’re working to the current situation at the club, which is obviously being very, very sensible financially,” the former Burnley manager stated last week.
“Things might change if the Friedkin Group manages to take over the club and complete it in its entirety, but for now, we’re working with the previous guidelines.”
The Premier League, the Football Association, and the Financial Conduct Authority must approve the Friedkin Group’s attempted acquisition while this takeover moves forward.
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