Alan Myers predicts how the Premier League have reacted to Dan Friedkin’s Everton takeover

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With three signings already confirmed for Everton, this has been an unprecedented summer of change already, and there is so much more yet to come.

After all, many questioned where any funds were even coming from given Farhad Moshiri’s indifference towards the Toffees, with his desperation to sell evident.

Seeking to force through the deal for 777 Partners to assume control, their failed attempts left a void for a certain suitable party to fill.

And whilst it seems like Dan Friedkin is set to take up that position, the fact that a deal is not confirmed yet does not provide a solution to the mystery that is Kevin Thelwell’s summer spending.

Alan Myers provides Everton takeover update

Fans will not care where the money is coming from, but just that it is being spent with intelligence and care.

After all, they know better than most how quickly things can get carried away on the transfer front, resulting in half a decade of torture.

It feels like once a new owner is in place though, at last a period of stability can begin, with Thelwell having already built the foundation for such long-term success with major sales in recent years.

But, Friedkin is needed to officially confirm this new era of prosperity, to allow the director of football to push forward on his plans with more confidence.

Fortunately, Alan Myers is on hand to provide an update on Everton’s takeover, actually revealing what the Premier League’s thoughts on the proposed deal is.

He wrote on X: ‘I don’t see the PL process presenting any issues, but the SPA [share purchase agreement] needs to be done first, due diligence is ongoing.’

How much is potential new Everton owner Dan Friedkin worth?

Naturally, with fans keen to know what their new owner is like, the first thought is his net worth.

Especially in this money-driven football world, where PSR is apparently at the forefront of everything any club does nowadays.

Last season proved why finances are so important for Premier League clubs nowadays, as Everton fell foul to these rules which saw them handed two separate points deductions.

Fortunately, should the takeover be ratified, they can then look to Friedkin for an answer to those issues, given his reported net worth is around $6.2 billion (£4.9bn).

With 777 Partners valued at $12bn (£9.63bn), despite reservations over the legitimacy of their finances, and Moshiri worth just $2.7bn (£2bn), this marks a huge step up, to a safe businessman with a history of enjoying success already with a football club, after buying AS Roma in 2020.