Everton prospective owner Dan Friedkin is close to completing his takeover after taking steps to appoint a new chief executive.
According to financial analyst Stefan Borson, who spoke exclusively to Football Insider, there have been a number of rumours that the purchase at Goodison Park is almost finalised.
In September, Friedkin reached an agreement to purchase Everton owner Farhad Moshiri’s 94.1% ownership stake in the team. He is presently going through the necessary legal procedures before assuming leadership.
The Leadenhall lawsuit is also delaying the takeover since the repayment of the £200 million loan that the US investment group gave to the Merseysiders must be approved by the New York court that is supervising the legal dispute involving 777 Partners.
However, after no unanticipated problems surfaced, Football Insider reported on November 12 that Friedkin is still on track to finish the takeover before the end of December.
On November 8, The Athletic revealed that Everton has engaged Nolan Partners to spearhead the company’s hunt for a new CEO. The recruiting firm has been in contact with a number of potential applicants for the role.
Colin Chong is currently acting as interim CEO at Goodison.
Dan Friedkin closing on Everton takeover after CEO update
Borson thinks Friedkin is getting closer to seizing control of the company by looking for a new head.
There have been a number of rumours that the takeover is imminent, he told Football Insider.
“Last week, we reported on the hiring of Nolan Partners and the search for a new CEO.
“Nolan Partners has spoken to people and is a well-known recruiter of senior sports executives.
Since that is how the story made its way into The Athletic, I believe it to be real.
“I would assume that Friedkin is getting very close to closing the sale if that is the case.
“One would assume that a variety of initial actions are being taken.”
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