The Friedkin Group is said to be in talks with JPMorgan Chase & Co. to address Everton Football Club's financial challenges after its expected takeover.
The club currently has a debt of over £660 million ($840 million), necessitating a comprehensive restructuring of its loans. This strategic move aims to reduce the burden of high interest payments and extend the repayment period, making the debt more manageable for the club.
The Friedkin Group's primary focus on the balance sheet demonstrates its commitment to stabilizing Everton's financial position in the competitive Premier League.