The Friedkin Group reaches agreement to buy Everton

[Cake]

Joint Statement - Blue Heaven Holdings and The Friedkin Group



Following a period of exclusivity, discussions between Blue Heaven Holdings and The Friedkin Group over a potential sale of a majority stake in Everton have ended and The Friedkin Group will not be progressing with a purchase of the Club.



Both Blue Heaven Holdings and The Friedkin Group entered discussions in good faith to explore whether a sale could be agreed. Those discussions have concluded. The parties agree it is in both their interests for Everton to explore alternative options.



The Friedkin Group will remain a lender to the Club and is proud to have played a key role in enabling the new stadium to be built, which will help ensure a bright future for both Everton and the City of Liverpool.



Blue Heaven Holdings maintains a positive relationship with The Friedkin Group and would like to thank them for the time and effort they have put into this process.



When there is further news to share, it will be provided via the Club’s official communication channels.

Light blue touch paper and retire…

 

[Moomin]

@Damo_1878 might be able to afford a share soon.

 

[HalfTimeSayers]

Cancel the Roma friendly please.

 

[Wat Tyler]

Not good

 

[Connor]

777's debt has bitten us on the arse

 

[MikeH72]

Feel actually sick

 

[MikeH72]

777's debt has bitten us on the arse

MOSHIRI OUT

 

[Neiler]

Awful news, gutted.

Skeletons in the closest here for sure - heard they had concerns about the nature of the 777 loans.

 

[DuncansPigeons]

That doesn’t paint a great picture of the clubs finances. We knew it was a mess but think this shows it’s much worse

 

[gedefc]

Thought this was progressing well, not good this.

 

[Mrk]

Oh no. This is not good at all.

 

[PercyThePig]

From all reports this was as good as done…

Hopefully Staveley walks into Goodison with a Prince from the Gulf next week now she’s left Newcastle.

 

[Damo_1878]

Awful news, gutted.

Skeletons in the closest here for sure - heard they had concerns about the nature of the 777 loans.

Has to be. No other possible reason exists

There has to be liabilities not declared that Friedkin Group are not happy with

They're not a "desperate buyer"

 

[HalfTimeSayers]

*gets Lando Norris signature SunGod sunglasses back out of the bin*

We are rapidly running out of billionaires to ensnare.

 

[Lapeno77]