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The Friedkin Group announce a new plan away from the Everton takeover

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The Friedkin Group are a busy bunch with the day-to-day running of things at AS Roma as well as the Everton takeover, and now they’ve announced another project.

Disclaimer

The post from TFG containing the announcement has since been deleted. Everton News understands that it was made in error and TFG are not financing the redevelopment of The Toyota Stadium.

The false Friedkin Group announcement

The good thing about the Everton takeover is that there are no worries on the field for the Friedkin Group, as Sean Dyche has turned things around.

However, the same can’t be said at AS Roma, where fans and figures are slamming the owners for their decision to sack Daniele De Rossi earlier on in the year.

Now, the latest project for Dan and Ryan was believed to be to redevelop the Toyota Stadium.

According to the Friedkin Group’s X account (as per Football Italia), which has now been deleted, they will help to redevelop the regular home of MLS outfit FC Dallas.

It’s claimed that the Toyota Stadium is set to undergo a series of major redevelopments, which are expected to begin in 2025 and be completed by 2028. The cost is expected to total around £148 million.

What’s the Everton takeover looking like?

Anything being completed away from the Everton takeover doesn’t directly affect anything to do with becoming the Merseyside club’s new owners, but it’s interesting to see they’re keeping busy.

The completion date for the takeover is different depending on who you trust, but the general feedback from Alan Myers is that it’ll be done within 4-6 weeks.

However, fans won’t see Ryan or Dan Friedkin at Goodison Park until after the completion, as they have no interest in travelling to Merseyside before then.

But, that hasn’t stopped them from giving a green light to a number of smaller hires behind the scenes.

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Dan and Ryan’s plans to help with the Bramley-Moore Dock

The Friedkin Group also have plans to help with the completion of the Bramley-Moore Dock (as per Liverpool Echo).

Interestingly, the potential new owners will be “stepping in” to ensure the new stadium project is “funded to completion as well as covering any working capital costs that the club may need in the short term.”

It’s also stated that the sum “is likely to stretch into the ‘tens of millions.”

This comes after the Friedkin Group have already taken on the debt from MSP Sports Capital and other lenders to the tune of around £205m, secured against the new stadium.