09.10.2026 22:00
The Friedkin Group, owner of Premier League club Everton, announced that it will sell its controlling stake in the club. The Friedkin Group had taken over the club less than two years ago.
Winds of ownership change are blowing again at Everton, one of the Premier League clubs. The Friedkin Group (TFG), which took over the club less than two years ago, has officially announced that it is considering new investment and transition options for the club, including a share sale.
FINANCIAL STABILITY ACHIEVED, NOW IT'S TIME FOR A NEW ERA
The group led by Dan Friedkin had taken over Farhad Moshiri's 99.5% stake in 2024 for approximately £400 million. In a statement from the company, noting that during the takeover process the club was struggling with serious on-field and off-field financial crises, the following statements were included:
"Securing the club's future, ensuring stability and completing the new stadium project that our fans have been eagerly awaiting were our priority goals. Now that this solid foundation has been safely built, the time has come to evaluate the next era for Everton. The Friedkin Group is exploring new investment options, including the sale of a controlling stake."
TRANSFER DECISIONS AND MANAGEMENT DISCONNECT DREW REACTION
It is said that behind this decision by the Friedkin management was also the widening of the gap with fans due to decisions made in the last transfer window.
Player Sales Sparked Debate: The acceptance of a £40 million offer from Nottingham Forest for young talent Harrison Armstrong caused a major backlash among fans and the transfer was canceled at the last moment. However, immediately afterwards, the sale of Beto to Fiorentina and the sending of Iliman Ndiaye to Manchester City for £65 million weakened squad depth.
Lack of Communication with Moyes: The statement by manager David Moyes, who returned to the helm in January 2025, that he had not spoken with Dan Friedkin even once since taking the job laid bare the management crisis. Friedkin, who resides in Houston, had been criticized for not attending Everton matches for a long time and for managing the club through professionals.
SPECIAL CONDITION FOR A NEW BUYER
Although TFG is open to leaving the club, it announced that it would not rush the process. In the information provided, it was noted that talks would be conducted meticulously until "the right managers" are found who are firmly believed to take Everton further and protect the club's heritage.