Everton's long-running ownership saga has ended after a takover from U.S. firm the Friedkin Group was completed on Thursday, the club has announced.
The American ownership group takes over Farhad Moshiri's 94.1% majority share of the club, which will move next season from its long-term home, Goodison Park, to a new riverfront stadium.
The Friedkin Group also owns Serie A club AS Roma.
"Today marks a momentous and proud occasion for The Friedkin Group as we become custodians of this iconic football club," Marc Watts, the club's incoming executive chairman, said. "We are committed to leading Everton into an exciting new era both on and off the pitch."