Everton owners consider selling club two years after takeover
The Friedkin Group, the American owner of English Premier League football club Everton, is exploring a sale of a controlling interest less than two years after taking over in 2024. It says that with stability achieved and the new stadium open, the time is right for the next chapter.
The Friedkin Group (TFG), the US-based company led by chairman Dan Friedkin that owns English football club Everton, is exploring a sale of the club. TFG completed its takeover in 2024 in a deal believed to be worth more than £400m, meaning less than two years have passed since it took control.
In a statement, TFG said it is looking at new investment options for Everton, including the potential sale of a controlling interest. The group said that when it became custodian of the club, Everton faced significant financial uncertainty and challenges both on and off the pitch. Its immediate priority was to provide stability, investment and support, including helping to complete the long-promised stadium, which opened last year. With that foundation in place, TFG said the time is right to consider the next chapter.
TFG added that it will only entertain interest from parties it strongly believes will be the right stewards to take the club forward. It said its focus is unchanged: supporting the club in achieving success on the pitch and continuing efforts to make a positive difference in the communities the club serves.
Scrutiny of leadership
When TFG took over, it outlined a vision of a sustainable and successful future for the club, but its leadership came under scrutiny during the summer transfer window. In September, manager David Moyes said he had never met or spoken to Friedkin, who is based in Houston, since returning as manager in January 2025. Friedkin leaves the day-to-day running of the club to his son-in-law Rishi Majithia, who works alongside chief executive Angus Kinnear.
Fans reacted angrily when news emerged that Everton had accepted a £40m bid from Nottingham Forest for England Under-19 midfielder Harrison Armstrong. Everton eventually pulled out of that deal, but supporters remained frustrated by the sale of Beto to Italy's Fiorentina shortly afterwards. The move left Everton with just one recognisable striker, 23-year-old Frenchman Thierno Barry.
