Everton, it might be easy to forget, are still very much embroiled in a takeover saga.
After all, with all this transfer talk ongoing, such administrative background activity is unlikely to dominate the headlines.
But this is inarguably the most important thing that could possibly happen for the Toffees this summer, as Dan Friedkin closes in on his Everton takeover with grand plans for a brighter future.
The Esk has already detailed one thing that Friedkin has already done to ease Everton’s financial issues, and now he has revealed another…
The Esk reveals Dan Friedkin’s Everton takeover plan
Taking to X, finance guru and writer Paul Quinn has once again delved into this ongoing takeover to uncover some new information.
As someone who was regularly sought to uncover the various misdeeds of 777 Partners, publishing their failures for every Evertonian to see, his tone has shifted dramatically in the last month.
Given the somewhat pessimistic reputation he has cultivated due to the unbridled amount of negative content that the Miami-based firm emanated, any positivity is often welcomed with open arms.
And, having first tweeted about how Friedkin will be taking over from MSP’s loans, he then delved into greater detail when pushed by a fellow supporter: ‘Until they get approval from the Premier League the only way to repay MSP & therefore get exclusivity is to provide a loan. Once they get approval they will provide cash to repay much of our existing loans. However we will not be totally debt free.’
Dan Friedkin seems set to do big things for Everton
It seems that already even before he has been confirmed as the new owner, Friedkin has grand plans to do great things both for and with Everton.
Having wiped out AS Roma of the bulk of their debt upon assuming control of them in 2020, the hope is that they might follow suit with the Toffees, alleviating them of their outstanding financial burden.
And, it can also be assumed that some funds have already been promised for this summer, with Kevin Thelwell miraculously and shockingly active in the transfer market already.
With Tim Iroegbunam confirmed, Jack Harrison having returned on loan, and Iliman Ndiaye having completed his Everton medical, things are certainly looking up.
So, to get this billionaire American owner in charge as well would be the icing on the cake, thus allowing him to finally afford Everton some much-needed financial freedom.