Friedkin Group Withdraws from Everton Deal

The Friedkin Group has decided not to proceed with the acquisition of a majority stake in Everton after a period of exclusivity and discussions. The Premier League club confirmed that negotiations with Blue Heaven Holdings and The Friedkin Group have ended without a deal.

The Friedkin Group has officially pulled out from the planned acquisition of a majority stake in Everton, the Premier League club announced on Friday. This decision follows a period of exclusivity granted last month.

In an official statement, Everton confirmed that talks with Blue Heaven Holdings and The Friedkin Group have concluded without reaching an agreement for the sale.

This development marks the end of ongoing negotiations and leaves the future ownership structure of the club unchanged.

(With inputs from agencies.)