The Friedkin Group (TFG), the American owners of Everton, are exploring the sale of the club less than two years after taking control. The group completed its takeover in 2024 in a deal believed to be worth in excess of £400m.
In a statement, TFG said that after prioritising stability, investment and the opening of Everton's new stadium last year, the time is right "to consider the next chapter." The group said it is exploring new investment options, including the potential sale of a controlling interest, and will only "entertain interest from parties who we strongly believe will be the right stewards to take the club forward."
TFG's leadership has faced scrutiny, particularly during the summer transfer window. Manager David Moyes said in September that he had never met or spoken to chairman Dan Friedkin, who is based in Houston. Day-to-day running of the club is left to Friedkin's son-in-law Rishi Majithia, who works alongside chief executive Angus Kinnear. Fans reacted angrily when Everton accepted a £40m bid from Nottingham Forest for England Under-19 midfielder Harrison Armstrong, a deal Everton later pulled out of. Supporters were also frustrated by the sale of Beto to Fiorentina, leaving the club with just one recognisable striker.
The controversy follows a cautious approach to the transfer market, in contrast to the more hands-on approach at AS Roma, the other club owned by TFG. TFG acquired 99.5% of the club, succeeding former owner Farhad Moshiri, after Everton fell into financial crisis. Since then, the group has put the club on a stable financial footing and made it an attractive proposition to potential buyers.
Source: BBC Sport Football · Summarized by HeadlinesBriefing