Everton Owners Explore Sh0ck Club Sale Less Than Two Years After Takeover

The Friedkin Group (TFG), owners of English Premier League club Everton, have announced that they are exploring new investment options, including the possible sale of a controlling stake in the club, less than two years after completing their takeover in 2024.

The American investment group, led by chairman Dan Friedkin, acquired Everton in a deal reportedly worth more than £400 million. The latest development comes as the club’s ownership says major financial challenges have been addressed and the construction of its new stadium has been completed.

In a statement, TFG explained that its immediate priority upon taking control of Everton was to stabilise the club’s finances, provide the necessary investment and support, and ensure the completion of the long-awaited stadium project.

The group said these objectives had established a foundation for Everton’s next phase, adding that it was now considering investment opportunities that could shape the club’s future.

According to reports, the ownership’s announcement comes amid growing scrutiny from some Everton supporters over the group’s leadership and decisions during the summer transfer window.

In September, manager David Moyes reportedly revealed that he had neither met nor spoken with Friedkin since returning to Everton in January 2025. The development raised questions among supporters about the chairman’s level of direct involvement in the club’s day-to-day affairs.

Friedkin, a Houston-based businessman, has largely delegated the club’s daily operations to his son-in-law, Rishi Majithia, who works alongside Everton chief executive Angus Kinnear.

Frustration among fans also intensified following Everton’s handling of a proposed transfer involving England Under-19 midfielder Harrison Armstrong. The club initially accepted a £40 million bid from Nottingham Forest for the young player before subsequently withdrawing from the deal.

Supporters also expressed anger over the departure of striker Beto to Italian side Fiorentina, a move that reportedly left Everton with only one recognised forward, 23-year-old French striker Thierno Barry.

Despite the uncertainty surrounding the club’s ownership, TFG has insisted that any potential transaction would be carefully considered, with the group prioritising Everton’s long-term stability and success.

The ownership stated that it would only entertain offers from prospective investors it considered suitable to lead the club into its next chapter.

Although the group has not confirmed that a sale will definitely take place, its decision to explore the possibility marks a significant development for Everton, which underwent a major ownership change in 2024.