June 19, 2025
"Stumbling Block" - Latest Update on Kevin Malone’s Potential Everton Takeover as a Major Hurdle Emerges

Everton are just a week away from kicking off their 2024/25 season against Brighton & Hove Albion.

After a forgettable last season, Sean Dyche is eager for a fresh start at Goodison Park.

The Toffees have been among the most active Premier League teams in the transfer market, bringing in four new players.

And more signings could be on the way, with Everton reportedly interested in acquiring a new striker in the coming weeks.

However, the ongoing saga of the club’s ownership takeover has cast a shadow over the summer. The situation around Kevin Malone’s interest in taking over Everton has been particularly messy. Farhad Moshiri’s decision to grant exclusivity to the 777 Group turned out to be a major misstep, wasting over a year of potential progress. The group’s proposal fell through after they missed their deadline earlier this year.

Everton’s talks with The Friedkin Group also collapsed just weeks ago, coinciding with the Blues’ match against Sligo Rovers in Ireland.

Now, as the new season approaches, the club’s ownership remains uncertain, leaving fans in the dark. Moshiri’s handling of the situation has been heavily criticized, but there has been a recent update.

According to journalist Ben Jacobs, Everton is still waiting for a decision from Kevin Malone’s group on whether they will submit a bid.

The significant challenge for Malone’s group is the club’s debt, which could complicate the takeover.

Careful consideration is needed before any new bid is launched to buy Everton, as the process has proven to be far from straightforward.

Kevin Malone, who has a strong background in sports management as the former general manager of the LA Dodgers, is reportedly concerned about Everton’s debt. This could indicate that the move might not be right for him.

Everton fans are desperate for a resolution, especially with the club reportedly at risk of financial crisis if a takeover doesn’t happen soon.

On the pitch, there is still plenty to be excited about, with Dyche’s side performing well in their last two friendlies. However, the long-term future of the club remains deeply uncertain as Moshiri struggles to find new ownership.

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