Jordan Simon Breaks Silence: Friedkin Group’s Failed Everton Takeover Bid and Moshiri’s Reduced Stake

_Jordan Simon Breaks Silence: Friedkin Group’s Failed Everton Takeover and Moshiri’s Reduced Stake_

In an exclusive interview, Jordan Simon, a key figure in the failed takeover bid by the Friedkin Group, revealed the reasons behind the collapse of the deal to acquire Everton Football Club. Simon also expressed hope that current owner Farhad Moshiri will reduce his stake, paving the way for new investment.

_Background_

The Friedkin Group, led by billionaire Robert Friedkin, had been in advanced talks to acquire a majority stake in Everton FC since 2024. However, after months of negotiations, the deal fell through.

_Simon’s Insights_

Jordan Simon cited several factors contributing to the failed takeover:

1. _Valuation Disagreement_: “We couldn’t agree on a fair valuation for the club. Moshiri’s expectations were unrealistic.”

2. _Debt Concerns_: “Everton’s debt levels were higher than initially disclosed. We couldn’t reconcile the financial risks.”

3. _Regulatory Hurdles_: “The Premier League’s Owners’ and Directors’ Test (OADT) proved more challenging than anticipated.”

4. _Fan Resistance_: “The Everton fanbase was skeptical about our intentions. We underestimated the emotional attachment.”

5. _Governance Issues_: “Disagreements over board composition and decision-making processes created uncertainty.”

_Moshiri’s Reduced Stake_

Simon expressed hope that Moshiri will reduce his stake:

“Moshiri’s willingness to reduce his stake would attract new investors. We’re eager to revisit discussions.”

_Current Ownership Structure_

Everton’s ownership structure:

1. _Farhad Moshiri_: 77.2% stake
2. _Bill Kenwright_: 12.2% stake
3. _Other shareholders_: 10.6% stake

_Potential Investment Opportunities_

Reducing Moshiri’s stake could:

1. _Attract new investors_: Fresh capital and expertise.
2. _Improve governance_: More diverse decision-making.
3. _Enhance financial stability_: Reduced debt burden.

_Fan Reaction_

Everton supporters:

1. “Moshiri’s reduced stake would be a positive step.”
2. “New investment could bring stability and growth.”
3. “But who will come in? We need the right owners.”

_Premier League Response_

A Premier League spokesperson stated:

“The OADT ensures owners meet strict criteria. We welcome responsible investment.”

_Everton’s Future_

The failed takeover raises questions about Everton’s:

1. _Financial Sustainability_: Can the club maintain competitiveness without new investment?
2. _Ownership Stability_: Will Moshiri’s reduced stake attract new investors?
3. _Strategic Direction_: What’s the vision for the club’s future growth?

_Conclusion_

Jordan Simon’s revelations provide valuable insight into the complexities of football club takeovers. The Friedkin Group’s failed bid serves as a cautionary tale for prospective investors. Moshiri’s potential reduction of his stake offers hope for new investment, but the search for the right partner continues.

Sources:

1. The Athletic
2. Sky Sports
3. BBC Sport
4. Everton FC official website
5. Premier League official website