The investment group run by U.S. billionaire Dan Friedkin on Monday agreed to buy Everton F.C., potentially ending years of uncertainty for the struggling English Premier League soccer club.

The Texas-based Friedkin Group has reached an agreement to buy Premier League club Everton from current owner Farhad Moshiri, the English team said Monday

The Friedkin Group have reached an agreement with Blue Heaven Holdings over the terms of the sale of Farhad Moshiri's majority stake in Everton, the Premier League club said on Monday. The announcement comes two months after the Friedkin Group had abandoned plans to buy a majority stake in the Merseyside club after being granted a period of exclusivity.

The deal is subject to subject to regulatory approval from the EPL, the Football Association, and Britain's Financial Conduct Authority.

The Friedkin Group, which also owns Italian football club AS Roma, and Everton said on Monday that they had agreed the terms of a sale of the Liverpool-based team, subject to regulatory approval. “We are pleased to have reached an agreement to become custodians of this iconic football club,

It looks like the Farhad Moshiri era is finally coming to an end at Everton. The Friedkin Group, who also own Italian outfit AS Roma, have agreed to buy the majority shares in the Merseyside club. How are you feeling about the news,