Everton reaches agreement with Texas-based Friedkin Group over purchase of the Premier League club


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The Texas-based Friedkin Group has reached an agreement to buy Premier League club Everton from current owner Farhad Moshiri, the English team said Monday. The Friedkin Group describes itself as "a consortium of businesses and investments" which includes Italian soccer club Roma in its portfolio. The group reached an agreement in principle in June to buy Moshiri's 94% stake in Everton, but talks were called off a month later. Now the parties said in a joint statement they have "reached agreement over the terms of the sale" of Moshiri's stake. They add that the deal is subject to approval from English soccer authorities.

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Steve Douglas

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