The Friedkin Group are optimistic that they will receive the official confirmation of their Everton takeover this week.
The Toffees fans have suffered a lot in the past few years, and there is renewed optimism that Friedkin’s arrival will change Everton’s financial picture completely.
Alan Myers claimed last week that TFG had secured approval from the Premier League to become Everton’s new owners, but he refused to give a date for the official confirmation.
According to journalist Ben Jacobs, TFG are hoping that the official confirmation could come within the next 48 hours.
Farhad Moshiri sold his shares to TFG in September. Due to several complex issues, the process has taken time to conclude, but it is now only a matter of time.
How will the takeover impact Everton’s transfer plans in January?
The Toffees have improved in recent weeks under Sean Dyche.
They have now picked up four points from their previous two games and have only lost once in their last five games in the Premier League.
Everton fans will hope that the new owners will invest in the squad and help Dyche with funds to bring in one or two good players.
According to a report from iNews, the Premier League’s Profitability and Sustainability Rules (PSR) will limit Everton’s ability to spend big in the January window.
That does not mean that there won’t be activities in the winter market. Everton are still likely to sign one or two players and could sell as well to balance the books.
In the long run, the Friedkins will consider smarter and improved recruitment as the key to success in moving forward, and the futures of Dyche and Kevin Thelwell will be assessed.
The USA business group has already done a lot of work behind the scenes, but more work is needed to reshape the club’s future.
They have already invested more than £200 million since agreeing a deal with Moshiri, paying off existing debts while also meeting payment obligations related to the stadium and covering day-to-day running costs.