Everton Owners The Friedkin Group Put Club Up For Sale Just Two Years After Takeover
The Friedkin Group is exploring a full sale of Everton Football Club, less than two years after completing their takeover, but only to the right buyer.
The Friedkin Group has put Everton Football Club up for sale, less than two years after acquiring the Merseyside club [1, 2]. However, they are only prepared to sell if they believe the new owners can take the team to the 'next level' [1].
The owners had previously been seeking further investment but are now open to an outright exit. The Friedkin Group, which also owns Serie A side Roma and Ligue 1 club AS Cannes, plans to continue supporting Everton until a suitable successor is found [1].
Everton released a statement confirming that The Friedkin Group is exploring new investment options, including the potential sale of a controlling interest. The statement highlighted the club's improved stability and the progress on the new stadium since their takeover [1].
The Friedkin Group purchased Everton in December 2024 through Roundhouse Capital, acquiring Farhad Moshiri's 94% stake. This ended a period of financial uncertainty and previous failed takeover attempts by other groups [1].
Fans have reportedly put pressure on the owners following a disappointing summer transfer window. While Jack Grealish was secured on loan for a second season, the club missed out on a new striker after Beto and Iliman Ndiaye departed [1].
Dan Friedkin, chief executive of The Friedkin Group, previously stated his commitment to honouring Everton's legacy upon acquiring the club. Manager David Moyes revealed he generally communicates with the owners through CEO Angus Kinnear and TFG representative Rishi Majithia, rather than directly with Dan Friedkin [1].
According to the Mirror, the initial deal to buy Everton was worth over £400 million. The group has already attracted investment from former Dallas Mavericks coach Jason Kidd and American billionaire Christopher Sarofim, who bought minority stakes in Roundhouse last year [1].
Sources
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