Confirmation of the Americans’ ascension to Goodison Park’s seat of power arrived on Thursday after passing the last of their regulatory approval hurdles.
TFG struck an agreement for outgoing majority shareholder Farhad Moshiri’s 94.1% stake in September, just two months after **[breaking off exclusivity talks](http://www.clickliverpool.com/sport/everton-fc/53674-friedkin-group-end-everton-takeover-talks-farhad-moshiri/)**.
Their ratified takeover marks the end of Moshiri’s turbulent eight-year spell at the Blues’ helm in which he entertained several investment proposals.
Dan Friedkin is proposed to become the club’s new chairman, filling the void left by Bill Kenwright’s passing in October last year, as part of a new-look hierarchy.
TGF president Marc Watts has been named executive chairman while chief financial officer Ana Dunkel will serve on the board alongside interim CEO Colin Chong.
“I take immense pride in welcoming one of England’s most historic football clubs to our global family,” said Friedkin.
“Everton represents a proud legacy, and we are honoured to become custodians of this great institution.
“Whilst we are new to the club, we fully understand the vital role Everton plays in local culture, history, and the lives of Evertonians here and around the world.
“We are deeply committed to honouring this legacy while contributing positively to the community, economy, and people of this remarkable city.”
KAM Sports, MSP Sports Capital and 777 Partners all previously entered into talks with the British-Iranian billionaire before ultimately breaking down.
During TFG’s absence, John Textor emerged as the new forerunner but could only pursue the Blues after divesting his existing shares in Crystal Palace.
**More to follow**