Everton Football Club’s billionaire owners, The Friedkin Group, are seeking new investors less than two years after buying the club from Farhad Moshiri for about £330mn in late 2024. The process, still in early stages, could bring in a significant stake sale, though no deal is guaranteed. This follows a summer transfer window where Premier League clubs spent a record €4.1bn on players, while Everton spent just under €103mn and raised €129mn from sales.

Fan backlash grew after key departures and a failed £40mn bid for Folarin Balogun. Dan Friedkin, chair and CEO of TFG, has a $13bn fortune from Toyota dealerships and piloted a Spitfire in Dunkirk. The Friedkins slashed club debt and secured new stadium financing with JPMorgan after taking over.

Everton, a nine-time English league champion last victorious in 1987, narrowly avoided relegation in 2023. The move reflects a trend of consortium ownership amid rising Premier League costs.