Everton Owners Explore Sale of Club After Two Years of Ownership

Everton Football Club is currently ranked seventh in the Premier League after seven matches. The Friedkin Group (TFG), which acquired the club in 2024 for over £400 million, is considering selling the club less than two years after the takeover. In a statement, TFG indicated that after focusing on stability, investment, and the opening of Everton's new stadium last year, it is now time to explore "the next chapter". TFG stated, "The Friedkin Group is exploring new investment options for Everton Football Club, including the potential sale of a controlling interest." When TFG took over, the club was facing significant financial uncertainty and challenges. Their immediate goal was to provide stability and support, including completing the new stadium for supporters. With that foundation now established, TFG believes it is appropriate to consider future options for the club. TFG, led by chairman Dan Friedkin, had previously outlined a vision for a sustainable future for Everton, but their leadership faced scrutiny during the summer transfer window. In September, manager David Moyes noted that he had not met or spoken to Friedkin since his return as manager in January 2025. Friedkin has delegated the day-to-day operations of the club to his son-in-law, Rishi Majithia, who collaborates with chief executive Angus Kinnear. Fans expressed frustration when Everton accepted a £40 million bid from Nottingham Forest for midfielder Harrison Armstrong, which was later rescinded. The sale of striker Beto to Fiorentina also contributed to discontent among supporters, leaving the team with limited striking options. TFG stated that they would only consider offers from parties they believe will positively advance the club. The decision to explore a sale follows a period of tension between TFG and Everton's fanbase, particularly regarding the attempted sale of Armstrong and the limited transfer activity that suggested a lack of ambition. TFG acquired 99.5% of Everton after the club faced a financial crisis, and they have since stabilized the club financially. Former Everton goalkeeper Rachel Brown-Finnis commented on TFG's plans to sell, describing it as a "shock" but acknowledging that they have improved the club's situation. She expressed hope that new owners would aim to drive the club forward.