Dan Friedkin could inject ‘£100m’ into Everton after confirmed news

Everton’s new owner Dan Friedkin could inject a further £100million into the club to pay the bills at Goodison Park.

That is the view of finance expert Stefan Borson, who exclusively told Football Insider the American billionaire paid around £700million to purchase the Merseyside giants.

Football Insider revealed on 12 November The Friedkin Group (TFG) was on course to complete its takeover by the end of December.

Everton confirmed on 19 December the deal has now been completed at Goodison after receiving approval from the Premier League.

Friedkin, who also owns Roma, has acquired a 99.5 per cent stake in the club after bringing to an end Farhad Moshiri’s eight-year spell on Merseyside.

Dan Friedkin to inject money to pay Everton bills

Borson admitted the new owners will likely have to spend money on certain areas that have previously been overlooked due to Everton’s financial struggles.

“They have paid around about £700million for the club in its entirety,” Borson told Football Insider.

“On top of that, you have got the money they are going to have to put in for running costs to get it up to a sort of minimum level.

“I think what tends to happen in situations like this is that because Everton have been so restrained in their ability to spend money for the best part of two years really, there is likely to have been quite a lot of spending that’s not been undertaken and needs to be undertaken.

“I would expect them to have to spend some money.

“If you look at the essential spend of £700million plus maybe £100million on top for running costs over the next year or so, we are talking about a deal for £700-800million.”

In other news, Monaco set sights on signing Dominic Calvert-Lewin.

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