The Friedkin Group has ended talks to take over Everton.
Everton owner Farhad Moshiri last month entered exclusive negotiations with the Friedkin Group over a possible purchase of the Merseyside club, but those talks have now collapsed.
A statement read: “Following a period of exclusivity, discussions between Blue Heaven Holdings and The Friedkin Group over a potential sale of a majority stake in Everton have ended and The Friedkin Group will not be progressing with a purchase of the club.
“Both Blue Heaven Holdings and The Friedkin Group entered discussions in good faith to explore whether a sale could be agreed. Those discussions have concluded. The parties agree it is in both their interests for Everton to explore alternative options.
“The Friedkin Group will remain a lender to the club and is proud to have played a key role in enabling the new stadium to be built, which will help ensure a bright future for both Everton and the City of Liverpool.
“Blue Heaven Holdings maintains a positive relationship with The Friedkin Group and would like to thank them for the time and effort they have put into this process.
“When there is further news to share, it will be provided via the club’s official communication channels.”
The Friedkin Group, which also owns Italian side Roma, had been granted exclusivity to buy a 94.1 per cent stake in the club held by Moshiri’s Blue Heaven Holdings.
But the the Friedkin Group, spearheaded by Texan billionaire Dan Friedkin, have failed to reach an agreement in yet another blow for Everton.
Dan Friedkin, who bought Serie A side Roma in 2020, has an estimated worth of $6.1bn (£4.8bn)
Toffees fans have endured months of uncertainty after Moshiri first agreed to sell his stake in the club to American investment firm 777 Partners in September.
That deal eventually collapsed when an exclusivity period with 777 expired on May 31 with no formal agreement reached.
Everton finished 15th in the Premier League last season despite being docked eight points for breaches of profit and sustainability rules.
The club are due to move to their new ground at Bramley-Moore Dock for the 2025-26 season with work scheduled to finish on the stadium in December.
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