Negotiations between Everton and the Friedkin Group for a takeover have come to a close without reaching an agreement. The Premier League club is now actively seeking new potential buyers.

Everton’s hopes of a takeover by the Friedkin Group have been dashed as talks between the two parties have come to an end without a deal being agreed. The group had initially agreed in principle to take over the club on June 20, but negotiations hit a roadblock, leading to the joint statement confirming the sale will not progress.

This comes after Everton’s previous deal with Miami-based firm 777 Partners fell through in June, leading to the Friedkin Group being granted exclusivity. However, their discussions with majority owner Blue Heaven Holdings, led by Farhad Moshiri, have also failed to reach a successful conclusion.

The joint statement released by both parties stated that the Friedkin Group will continue to be a lender to the club, highlighting their ongoing commitment. It also expressed the desire for Everton to explore alternative options.

Chairman Dan Friedkin’s group, which already owns Serie A club Roma, has played a significant role in the construction of Everton’s new stadium at Bramley-Moore Dock. Their £200 million loan has been instrumental in ensuring the club’s move to the new stadium for the 2025/26 season.

The statement further emphasized the positive relationship between Blue Heaven Holdings and the Friedkin Group, with the former expressing gratitude for their involvement in the process.

This marks the fourth time that exclusivity has been granted to a potential buyer, only for talks to break down without a deal being reached. The failed deal with 777 Partners was due to their struggles in meeting Premier League ownership rules and missing the deadline for a share purchase agreement.

Moshiri, the majority owner, has faced criticism in recent years due to the club’s financial losses and breaches of the Premier League’s Profit and Sustainability Rules. Everton was docked eight points for these breaches, which were later reduced to six on appeal, and an additional six points were deducted in April.

The future of Everton’s ownership remains uncertain as the club looks to explore other options in its quest for stability and success.