Well, it seems the potential takeover of Everton by the Friedkin Group has gone bust. The American billionaire’s consortium had been in exclusive talks with the Toffees last month, but alas, they’ve failed to reach an agreement.

Reasons for the Collapse

Don’t worry, though – the collapse of these talks won’t affect Everton’s transfer dealings this window. The club’s still got plenty of dosh in the short term, and they’ll keep searching for a long-term solution.

Alternative Options

The Friedkin Group and Everton have agreed it’s in their best interests to explore other options. And, as a silver lining, the group will remain a lender to the club and is chuffed to have played a key role in getting the new stadium off the ground.

Previous Takeover Attempt

You may recall that Moshiri first agreed to flog his stake in the club to American investment firm 777 Partners back in September. But that deal went belly up when the exclusivity period with 777 expired on May 31 without a formal agreement.

Current Status

Now, Everton’s agreed to a takeover deal with 777 Partners, but it’s still in the regulatory process. Fingers crossed it gets the necessary approvals, but there are concerns it might throw a spanner in the works.

Concerns and Challenges

A big worry is the looming £300 million lawsuit from Burnley, Leeds, and Leicester, who allege Everton broke the Premier League’s financial fair play rules. The Premier League charged Everton in March with breaching the rules after the club posted losses of £313.5 million over three years – well above the £105 million limit, old chap.”