The Friedkin Group are reportedly expected to finally complete their takeover of Everton over the course of the next week.

Last summer, the Friedkin Group—which also owns Roma and is headed by American billionaire Dan Friedkin—was on the verge of acquiring Everton before announcing that they had backed out of the deal because of worries over loans the team had taken out from other investors. However, the deal has been back on over the last few months and has reportedly gone through now.

Since reaching an agreement to buy Farhad Moshiri's 94.1 per cent stake in the club, The Friedkin Group has been going through the regulatory process to approve their takeover. The Times has now reported that the Premier League has given its regulatory approval to the agreement made between Moshiri's Blue Heaven Holdings and the Friedkin Group, and the deal could be signed and announced over the course of the next week.

Moshiri agreed to the sale of his stake in Everton in September but is set to walk away with virtually nothing from the deal as the Friedkin Group is set to clear the Toffees' current standing debts of around £600 million ($757m) that was accrued under his ownership.

If all goes to plan, the Toffees may officially partake in their final game under the majority ownership of Moshiri on Saturday, December 14, when Sean Dyche's team take on title challengers Arsenal at Emirates Stadium.