The takeover of Everton by US billionaire Dan Friedkin has taken a step closer after one of his firms registered a charge against the club’s new stadium.
Removing that debt burden was one of the conditions of sale from Farhad Moshiri, with Companies House confirming that a charge against the Everton Stadium Development Company Limited was registered on June 18 by TDF Capital Management LLC, a company that forms part of the Friedkin Group. READ MORE: Friedkin Group has already paid off £158m MSP loan that stopped 777 Partners from Everton takeover
Friedkin, who also owns Italian Serie A giants AS Roma, is currently undergoing due diligence of the club and its financial health as part of he and Moshiri entering into a period of exclusivity last week to enable the American to work towards completing a deal following the collapse of the 777 takeover at the start of June.