Dan Friedkin has consented to finish Farhad Moshiri’s takeover of Everton.
In order to complete an Everton takeover, The Friedkin Group (TFG) has made a significant move.
The American firm, headed by Dan Friedkin, agreed a deal with Farhad Moshiri to purchase his 94.1 per cent majority stake in the Toffees last month. The transaction is subject to regulatory approval, although that is not expected to be an issue. TFG already own Italian outfit AS Roma and an Everton takeover could be completed by the end of the year should everything be ratified. Blues fans will be hoping that can be the case and a new chapter in the club’s history can be started after a turbulent few years on and off the pitch.
In a significant development, it has emerged that TFG have set up their acquisition vehicle to go ahead with the purchase. According to Companies House, Roundhouse Capital Holdings Limited was incorporated on 2 October. It is registered at 21 Golden Square, London – the same address that The Friedkin Group International Limited is under.
In addition, Roundhouse is owned by Toffee Investments LLC, which is registered at 1375 Enclave Parkway, Houston, Texas. That is the address for TFG’s headquarters where it controls other businesses including Gulf State Toyota and Imperative Entertainment. So far, there have been two company directors registered for Roundhouse Capital Holdings. One is Analaura Moreira-Dunkel, who is a director for The Friedkin Group International and has served as a Roma board member since TFG’s takeover in August 2020. The other is Marcus Arthur Watts – president of TFG since 2011.
Companies House documents also confirm that Dan Friedkin is a ‘individual person with significant control’ in Roundhouse Capital Holdings. It states that Friedkin ‘holds, directly or indirectly, 75% or more of the shares in the company’, ‘holds, directly or indirectly, 75% or more of the voting rights in the company’ and ‘has the right, directly or indirectly, to appoint or remove a majority of the board of directors of the company.
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