BBC Sport understands the major stumbling block has been a situation involving previous prospective buyer 777 Partners, whose proposed takeover plan had been backed by funding from financial insurers A-Cap.

The 777 group loaned Everton £200m during their attempt to take over and the issue was not paying that off, but the legal action that 777 faces in the US.

They go into 2024-25 with renewed vigour in, what will be, a season of celebration during the club's final games at Goodison Park before moving into their new home on Bramley-Moore Dock.

Friedkin Group did not know how long this would last for, was unclear about who was in charge of the loan, and was wary of any potential risk, so it decided to walk away rather than wait for the issues to be resolved.

Now The Friedkin Group have become the latest creditor to the club after lending them £200m during their short period in trying to purchase Everton.

For Moshiri, it's back to square one as he seeks to find another buyer.