New Everton Owners: The Friedkin Group

[blulouie]

Would love to know how much that is for. I suspect it’s every cent they’ve ‘spent’ on buying and clearing the other debts, ie mortgaged the club & stadium to the absolute hilt.
Not necessarily a bad move, but equally protects them from failure through defaulting, and not as benevolent as a multi-billionaire appearing to put a load of dough in to the club either.
Borderline a leveraged buy out, after the event.

No mate that would be a full on leveraged buyout .
I don't think they would have passed the Finacial & Premier league approval stages if that is what they proposed.