AS Roma owner Dan Freidkin has reportedly completed the takeover of Premier League side Everton Football Club from previous major stakeholder Farhad Moshiri.

Since the collapse of the 777 deal at the end of last month, plenty of interest has been registered for the club’s takeover.

Local businessmen Andy Bell and George Downing, MSP Sports capital – and a consortium led by London-based Vatche Manoukian made known their desire to purchase the Merseyside club as their offer was said to be funded by a member of the Saudi royal family and the Australian-based Myers family.

But Freidkin has been successful and is set to earn exclusivity rights to purchase Moshiri’s 94.1% stake. The Manoukian consortium has released a classy statement and believes Evertonians deserve to see their club battling for major honours again.

“Everton fans deserve to be competing for trophies once again and we hope this deal delivers success for the club on and off the pitch,” the statement said via BBC Sport. “I want to thank our world-class investors for their support and we are excited to turn our focus to new opportunities to take great clubs to the next level.”