Dan Friedkin set for £800m Everton takeover discount as transfer budget explained

Everton are all set to have a new owner in Dan Friedkin, and the latest financial analysis suggests the American investor may have secured a bargain deal.

The Toffees officially announced on Friday (21 June) that Farhad Moshiri has entered into a period of exclusivity with Friedkin with a view to completing a long-heralded takeover deal.

The protracted takeover saga has been raging on for well over a year now and is not over yet, with the final terms and Premier League ratification still needed before it is completed.