Everton takeover talks called off / Photo: PETER POWELL - AFP
-
'Devastating' waves leave California beach homes on brink of collapse
-
Tom Cruise's 'Digger' tanks, leaving studio with $250 mn hole
-
Meta says its new AI models on par with OpenAI, Anthropic
-
US actress Selma Blair arrested after flight altercation
-
Talarico rejects mental health conspiracy theory after return from flu
-
One dead as Hurricane Simon creeps along Mexico's Pacific coast
-
Brazil presidential candidate Flavio Bolsonaro to visit jailed father
-
Carrick's Man United 'hungry and eager' to fix worst start in decades
-
Brazil's patron saint reappears in polarized election campaign
-
Fury as US federal agents search anti-Trump lawmaker's home
-
US Open champ Zverev to become tennis world number one
-
One goal enough for Flick as Barca enter Galatasaray cauldron
-
Migrant crisis wounds unhealed in Ceuta as Spanish royals visit
-
A7 to unveil a service that will re-invent the international payments market
-
Brazilian judge allows Flavio Bolsonaro to visit jailed father
-
'Status quo' with EU 'not good enough', UK PM says as summit date set
-
France braces for fresh student demonstrations as Macron calls for 'respect'
-
Stolen Renoir paintings found behind wall in France
-
Zelensky doubtful on Russian acceptance of Trump's 'energy ceasefire'
-
French supermarkets suffer refrigerator shutdown after 'unprecedented' cyberattack
-
Federal agents search home of Trump critic Ilhan Omar: government
-
Arsenal lose Hincapie and Zubimendi in freak double blow
-
Pakistan detains hundreds from ex-PM Khan's party as protests falter
-
Saudi says resilience tested, vows response after deadly airport attacks
-
Australia's Smith off field after being struck on helmet
-
Alcaraz exits Shanghai Masters in straight-sets loss
-
UK retains early access to test latest US AI models
-
Pope to enter hospital on Tuesday for lung operation
-
Top NATO commander warns Russia any attack would be 'futile'
-
Renshaw shines again before Australia declaration
-
Stolen Renoir paintings found behind wall in France: prosecutor
-
Atletico's Simeone encourages goalless Alvarez improvement
-
UNHCR sounds alarm on funding crisis
-
FXGLOBE Rebuilds Its Copy Trading and PAMM Business With B2BROKER's B2COPY
-
French supermarket chains say cyberattack forced refrigerator shutdown
-
Nepal rescuers search for missing after flash flood
-
Minister's resignation rocks German coalition
-
Oil rises as Trump comments roil energy markets
-
Hurricane Simon lashes Mexico's Pacific coast, threatens landfall
-
Premier League in limbo as Manchester City soar
-
France schools protest rumbles on as Macron urges 'respect'
-
Zelensky vows to respond as Moscow silent on 'energy ceasefire'
-
Americans Hall and Woodford win economics Nobel for stabilisation models
-
Thousands march in India's capital to demand election chief resign
-
MEXC Brings AI, TradFi and the Future of Trading to Life at TOKEN2049 Singapore
-
African players in Europe: Mbeumo ends goal drought as United draw
-
Italian rice farmer beats heat with biodiversity haven
-
France's high school students plan fresh protests
-
Stocks mixed as oil prices slip after Trump hails 'energy ceasefire'
-
NZ bank in free speech row over 'explicit' sheep memes
Everton takeover talks called off
Everton's potential sale to the Friedkin Group will not go ahead after the Premier League club failed to reach an agreement with the American investors.
Led by US billionaire Dan Friedkin, the group entered a period of exclusivity to negotiate a possible purchase on June 21.
However, the Goodison Park outfit said on Friday that no deal had been struck between Friedkin and the club's majority owner Farhad Moshiri.
It is the second time this year that Everton have been unable to push through a sale after a deal with Miami-based firm 777 partners also broke down.
"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," a statement from the Merseyside club read.
"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."
Everton said the Friedkin Group would remain a lender to the club, who were twice docked points last season over breaches of Premier League financial rules.
The Friedkin Group also owns a controlling stake in Italian side Roma.
Moshiri, who bought a 49.9 percent share in Everton in 2016, is the Toffees' majority owner with a 94 percent stake.
"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," the Everton statement added.
Th.Berger--AMWN
