Everton’s American owners, The Friedkin Group (TFG), are considering selling their controlling stake in the club less than two years after completing their takeover. The group, which acquired Everton in 2024 in a deal reportedly worth over £400 million, announced they are exploring new investment options following the opening of the club’s new stadium last year.
In a statement, TFG said their initial focus was on stabilising the club amid significant financial uncertainty and challenges, both on and off the pitch. “The immediate priority was to provide the stability, investment and support needed to secure the club’s future, including helping to bring the long-promised stadium to completion for its deserving supporters,” the statement read. With that foundation now in place, they believe it is the right moment to “consider the next chapter” for Everton.
Dan Friedkin, chairman of TFG, has largely left the club’s daily operations to his son-in-law, Rishi Majithia, who works closely with chief executive Angus Kinnear. The leadership structure has drawn attention, particularly after manager David Moyes revealed in September that he had never spoken to Friedkin since returning to Everton in January 2025.
The club’s transfer dealings over the summer also drew criticism. Everton initially accepted a £40 million bid from Nottingham Forest for England Under-19 midfielder Harrison Armstrong, a move that angered supporters. The club later withdrew from that deal but then sold striker Beto to Fiorentina soon after, leaving Everton with just one recognised forward, 23-year-old Frenchman Thierno Barry.
TFG emphasised that any potential sale would only involve parties they believe are the “right stewards” to take the club forward. “Throughout this process, TFG’s focus will remain unchanged. We will support the club in all ways necessary to achieve success on the pitch and will continue efforts to make a positive difference in the communities the club serves,” the statement added.
The Friedkin Group’s decision to consider selling comes shortly after delivering on a major promise to Everton fans with the completion of the new stadium. Their announcement indicates a shift from hands-on ownership to seeking new investors who can build on the platform they have established. The process is ongoing, with no confirmed buyer or timeline announced.
According to BBC Sports.
