Everton takeover talks called off / Photo: PETER POWELL - AFP
-
Workers, migrants focus of documentaries by Oscar winners at Venice
-
IC Markets Australia Wins People's Choice Forex Broker Innovation Award at the 2026 Finder Innovation Awards
-
Nepal seeks survivors two weeks after deadly floods
-
Brent oil tops $100 on Mideast flare-up, fanning inflation fears
-
Bangladesh measles crisis kills more than 1,000 children
-
EU wants to edge out China in public contracts
-
Pakistan collapse to 26-4 against England in 3rd Test
-
Google unveils 13 bn euro AI expansion in Finland
-
EU helps cities tighten screws on Airbnb, holiday rentals
-
Singapore's hefty ministerial pay hikes draw mixed feelings
-
Courtois to put Belgium career on hold
-
Cyberattack ruled out in UK air traffic glitch as more flights axed
-
RavenDB Launches Quill to Bring Production AI Agents to Enterprise SQL Systems, No Migration Required
-
Ekiden Launches Canton Network’s First Order Book-Based Derivatives Exchange
-
Affleck family affair at Venice for Casey's latest film 'Company'
-
Germany's Merz accuses AfD of promoting 'ethnic cleansing'
-
Yemen rebels report fresh Saudi strikes as conflict deepens
-
Japanese director Kore-eda's manga film charms critics in Venice
-
'They're playing with our lives': AI researcher quits Anthropic
-
As African space race heats up, Senegal pursues homemade satellites
-
Series finale of 'Babylon Berlin' offers dark mirror for today's Germany
-
UK's little-known Bayeux Tapestry replica steps into spotlight
-
Zara owner Inditex boosts profits as sales grow across board
-
Shelton stuns Alcaraz in 3:34 am US Open finish, Sabalenka battles on
-
Alcaraz out in latest US Open finish, Sabalenka through on marathon day
-
Alcaraz falls to Shelton in epic latest-ever US Open finish
-
Brent breaks $100 on Mideast flare-up, fanning inflation fears
-
Tradition Announces Partnership With Affin Moneybrokers to Support Malaysian Market Data
-
South Korea video game tycoon to pay record $1.5 bn in divorce
-
Protesters urge South Korea to stay out of Iran war
-
'Long live Chairman Mao': Supporters pay respects to founder of Communist China
-
Africa's informal economy: a burden and lifeline
-
Sweden immigration restrictions spark healthcare concerns
-
Kenyan start-up makes robotic limbs to sign for deaf kids
-
EU to help cities tighten screws on Airbnb, holiday rentals
-
Iran, US trade blows as Hormuz impasse deepens
-
'Our year': Kane and Bayern primed for Champions League tilt
-
The round-the-clock monitors protecting Bhutan from glacier risk
-
Australian World Cup star Volpato fined over positive cocaine test
-
'Hell': Father of surfers killed in Mexico testifies at trial
-
Sabalenka edges Noskova to keep US Open treble bid alive
-
Travellers in UK face more chaos after air traffic control glitch
-
Pegula outlasts Navarro to set US Open semi with Sabalenka
-
Crude pushes towards $100 on Mideast flare-up, fanning inflation fears
-
From trenches to catwalk: Ukraine's amputee soldiers hit the runway
-
Record rain forces Asian Games athletes to evacuate accommodation
-
UK airports face more disruption after air traffic control glitch
-
Amusing or addictive? The algorithms powering our social feeds
-
ECB meets, weighing a tricky balance between savers and spenders
-
Norway bids farewell to King Harald V, 'grandfather' of the nation
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.
G.AbuGhazaleh--SF-PST
