Current ongoing news: After takeover, Everton will shift focus to £75m target as business deal 50% done

After takeover, Everton will shift focus to £75m target as business deal 50% done.

When the Everton takeover issue is finally resolves, the club will turn their attention to striking a lucrative new deal that could transform their PSR position.

The AS Roma owner had signed heads of terms with the British-Iranian businessman but cited “unresolvable differences” for pulling the plug.

It is widely believed that the main point of contention centred around the clubs debt, and more specifically the complex agreement with former takeover suitors 777 Partners.

Overall, most analysts estimate the club’s total debt burden – which now includes £200m owed to Friedkin – to be around £800m.

That will be a game-change in terms of Profit and Sustainability Rules, which Everton have notably struggled against in recent seasons.

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