The Friedkin Group have struck a fresh takeover agreement with Everton.
Farhad Moshiri granted exclusivity to the American owners of AS Roma during the summer before discussions broke off just four weeks later.
It was understood that reservations over the club’s debts, including one held by former suitors 777 Partners, had been a factor in the Friedkins’ withdrawal.
In their absence, John Textor has actively pursued a deal to succeed Moshiri at Goodison Park despite needing to sell his shares in Crystal Palace first.
But Dan Friedkin has now revived his previous interest in the Blues, which promises to bring the long-running saga over the club’s future to an end.
Everton confirmed on Monday that the Texan billionaire has reached an agreement with Moshiri’s Blue Heaven Holdings subject to Premier League approval.
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.”
Friedkin is already a senior creditor with Everton, having satisfied their £158 million loan pertaining to the construction of Bramley-Moore Dock.