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Everton Takeover Nears And Secures New FX Partnership

Blue Heaven Holdings and The Friedkin Group have confirmed they have reached agreement over the terms of the sale of Blue Heaven Holdings’ majority stake in Everton Football Club.

 

 

The transaction is subject to regulatory approval, including from the Premier League, the Football Association, and the Financial Conduct Authority.

 

A spokesperson for The Friedkin Group, said: “We are pleased to have reached an agreement to become custodians of this iconic football club.

 

“We are focused on securing the necessary approvals to complete the transaction. We look forward to providing stability to the club, and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock.”

 

In addition, the club has also announced a multi-year partnership with corporate payments company Corpay, Inc. that sees the brand’s Cross-Border business become the club’s new Official Foreign Exchange Partner.

 

Through the partnership, Everton will be able to utilise a world-class trading platform to process cross-border payments, mitigate foreign exchange exposure from their day-to-day business needs and manage global payments from a single point of access.

 

Corpay’s Cross-Border business will also support the club with currency risk management through automated payment systems and foreign exchange services.

 

Richard Kenyon, Chief Commercial and Communications Officer at Everton, said: “We are excited to welcome Corpay’s Cross-Border business into our expanding partnership portfolio and look forward to working them over the coming years and playing a part in their business growth.

 

“This announcement follows a successful summer of new deals which is great credit to my colleagues across the club, particularly those leading the development of our commercial partnership portfolio.”


 

 

 

 

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