Friedkin set for 'Strict' checks in new Everton takeover update - report

Dan Friedkin’s due diligence will be strict ahead of his takeover deal with Farhad Moshiri at Everton, sources have told the Liverpool Echo.

The newspaper reported via its website [25 June] that sources close to the situation state both parties have a strong desire to get the deal done swiftly.

However, given the club’s current status with financial issues and a sizeable debt, with The Friedkin Group already injecting £200million into the club to pay off a £158million debt to MSP Sports Capital, Friedkin is being careful with his decision. [Liverpool Echo]

Dan Friedkin taking precautions with Everton takeover

Considering his ownership of AS Roma in Italy, Friedkin knows exactly what it takes to run a sizeable club and push it to its true potential.

The Italian giants have continued to fight in Serie A as well as qualifying for Europe regularly, which will certainly be a target for Everton once he is in charge.

Despite this, the club have been suffering due to its financial situation in recent seasons, having been handed two separate points deductions in the 2023/24 campaign, so Friedkin has every right to be strict with his due diligence.

Having already entered into a period of exclusivity with Moshiri at Goodison Park, the prospective new owner has plenty of time to do all the necessary checks with no other parties being allowed to get involved.

Given the whole saga around Goodison Park this season, the fans will be extremely excited to see that Friedkin is nearing a deal to become the new Toffees owner and finally see Moshiri’s exit.

The new owner is set to invest over half a billion pounds into the club as one of his first actions, as per Corriere dello Sport, which could hugely benefit Sean Dyche’s squad and see the Merseyside club push up the Premier League table.

In other Everton news, an update on PSR has been issued as “the word from Goodison Park” emerges.

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