Takeover talks between Everton and Roma owner Dan Friedkin have been called off after they failed to reach an agreement.
The Friedkin Group agreed to a takeover deal back in June after the exclusivity deal with 777 Partners expired.
Everton published an official statement on Friday afternoon revealing that the talks would go no further, however, the Friedkin Group have remained as a lender to the club after helping to fund the construction of the Bramley Moore Dock stadium.
With the takeover deal now collapsed, concerns around Everton’s finances have started to grow and questions around their transfer plans are circulating.
The Toffees have already sold Ben Godfrey and Lewis Dobbin this summer and more departures could be on their way.
As revealed by HITC, Manchester United have not ended their pursuit of Jarrad Branthwaite after submitting two bids for him this summer.
How the takeover collapse impacts Everton transfers
With interest in Amadou Onana and Jarrad Branthwaite this summer, all eyes are now on whether Everton can afford to keep hold of their biggest stars.
Aston Villa are closing on a deal for Onana as a replacement for Douglas Luiz, while the Merseyside club were staying firm on their valuation of Branthwaite.
On the takeover collapse, BBC journalist Giulia Bould wrote “I also understand it means currently there’s no financial uncertainty at the club, with the stance on Branthwaite unchanged.
“There won’t be a fire sale and the wider transfer plans remain the same with incomings still likely in the next 10 days.”
Everton to keep hold of Jarrad Branthwaite
Despite the takeover blow, Everton are standing firm on keeping hold of Branthwaite – at least until their £70million valuation is met.
United’s bids so far this summer have fallen well below the asking price and the recent takeover events will not force the club to accept a smaller fee.
Everton are still on track to balance their books and manage their finances without having to be bullied into cut-price deals.
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