Three clues from Euro 2024 that Dan Friedkin could be set to strike £200m off-pitch deal for Everton
Events at Euro 2024 suggest that Everton’s potential new owner Dan Friedkin could be tempted by a blockbuster commercial deal worth up to £200 million.
Everton announced last week that US media mogul and AS Roma owner Dan Friedkin had entered a period of exclusivity to negotiate an Everton takeover deal with Farhad Moshiri. Moshiri’s time at the club has been characterised by financial uncertainty.
The club’s failure to comply with Profit and Sustainability Rules saw them docked a total of eight points last season, while concerns about cash flow have emerged during the protracted takeover saga.
Now, the club appear to be scrambling to meet the Premier League’s three-year £105m allowable loss limit by the mini PSR deadline day on 30th June.
One area the club are looking to give them more PSR headroom in the long term is commercial income.
And the new stadium at Bramley Moore Dock, set to be opened in time for 2025-26, presents a number of commercial opportunities.
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