Friedkin Group reach agreement to buy Everton - SABC News - Breaking news, special reports, world, business,

after a takeover agreement with prospective owners 777 Partners fell through.

“We are focused on securing the necessary approvals to complete the transaction. We look forward to providing stability to the club, and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock.” Last year, Miami-based investment fund 777 Partners said it had signed an agreement with British-Iranian billionaire Moshiri to acquire his 94.1% stake in the club in a deal reported to worth more than 550 million pounds .

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