The saga of Everton and its subsequent sale is nearing its close, as the Friedkin Group has reached an agreement to buy the club. The consortium's CEO, Dan Friedkin, is agreeing to buy the club from Farhad Moshiri.

The Friedkin Group have reached agreement with Blue Heaven Holdings over the terms of the sale of Farhad Moshiri's majority stake in Everton, the Premier League club said on Monday.

“Blue Heaven Holdings and The Friedkin Group confirm that they have reached agreement over the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club. The transaction is subject to regulatory approval, including from the Premier League, the Football Association, and the Financial Conduct Authority.