The deal is subject to subject to regulatory approval from the EPL, the Football Association, and Britain's Financial Conduct Authority.

US businessman Dan Friedkin has agreed to buy a majority stake in English Premier League team Everton from current owner Farhad Moshiri, potentially ending years of uncertainty at one of football’s oldest clubs.

Everton’s takeover saga appears to be finally heading towards its end game with US billionaire Dan Friedkin engaged in advanced buy-out talks with majority shareholder Farhad Moshiri. AS Roma owner Friedkin revived his interest in the Merseyside club last week having previously walked away from negotiations in July.