The Friedkin Group have reached agreement with Blue Heaven Holdings over the terms of the sale of Farhad Moshiri's majority stake in Everton, the Premier League club said on Monday.

Liverpool Mayor says agreement for Friedkin Group to buy Everton ‘great news’ - The Toffees are currently 19th in the Premier League with one point from five games.

“Blue Heaven Holdings and The Friedkin Group confirm that they have reached agreement over the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club. The transaction is subject to regulatory approval, including from the Premier League, the Football Association, and the Financial Conduct Authority.

The Friedkin Group, which also owns Italian football club AS Roma, and Everton said on Monday that they had agreed the terms of a sale of the Liverpool-based team, subject to regulatory approval. “We are pleased to have reached an agreement to become custodians of this iconic football club,

The Texas-based Friedkin Group has reached an agreement to buy Premier League club Everton from current owner Farhad Moshiri, the English team said Monday

The investment group run by U.S. billionaire Dan Friedkin on Monday agreed to buy Everton F.C., potentially ending years of uncertainty for the struggling English Premier League soccer club.

The Friedkin Group has agreed a deal to takeover Everton owner Farhad Moshiri's 94.1% controlling stake, the club announced on Monday.