What sources close to TFG have said about Everton takeover as new ‘completion date’ emerges – report

The Friedkin Group (TFG) are on the verge of taking over Everton, but they have refused to comment on whether they have passed the FCA (Financial Conduct Authority) and FA approval tests. 

Everton have struggled with financial problems over the past few years, but the Toffees fans hope that the situation will improve under a new regime.

The American business firm has already agreed a deal to buy the club from Farhad Moshiri, and they are waiting for the official green signal from the FCA and the FA to complete the takeover process.

According to a report from the Liverpool Echo, the representatives of TFG have maintained that they will not provide any further update until after the “regulatory approval process has been completed, with the more stringent Premier League’s Owners and Directors test also required before completing the takeover.”

The Friedkin Group are also the owners of Serie A club AS Roma, and they have a transparent business model. There should not be any major concern over the issue.

Sources close to TFG have told the newspaper that the process is “going fine” at the moment, and they are expecting to receive the green signal by the middle of December.

The report states: “Sources close to TFG have told the ECHO that their client has maintained an eye on caution throughout this process, but everything is going fine at the moment with no cause for concern and an estimated completion date of mid-December remaining the target.”

Everton fans should not be worried

It appears that there is nothing to worry about in the takeover process at the moment, but Everton fans will be concerned with the poor start once again.

The Toffees have lost only once in their last seven games in the Premier League, but they are not winning enough matches either. They are 16th in the Premier League table, and it could get worse after the international break.

Everton will face the likes of Manchester United, Liverpool, Arsenal, Chelsea, Manchester City, and Nottingham Forest, and getting points from those games would require a herculean effort from the side.

That is why the next two home games against Brentford and Wolves are crucial for the Toffees, and they must aim to pick up maximum points from those fixtures.

We have also seen that the TFG group do not hesitate to sack a manager quickly if the results are poor, and this could be a warning sign for Dyche.

Read more: Everton have made transfer decision on 23-year-old player who has made zero starts in the Premier League.