Everton suffer further takeover setback and face uncertain future as Dan Friedkin deal collapses

Everton s hopes of being rescued by a takeover by Roma owner Dan Friedkin are at an end after the club confirmed the American billionaire has ended his interest in buying the club.

The club have been in a precarious financial position for some time with the club racking up very considerable and rising debts under Farhad Moshiri, which were covered in part by loans from previous interested party 777 Partners.

That takeover bid faltered after 777 ran into troubles of their own, with a deal agreed last September falling apart in May after

That left Everton in need of an alternative, and they have spent the past couple of months talking to Friedkin about the possibility of him buying the Premier League club. His company, The Friedkin Group, reportedly repaid a £1…