Channel 4 News reports the Friedkin Group’s 2024 takeover deal was believed to be worth more than £400m.
Channel 4 News reports that the Friedkin Group has put Everton up for sale less than two years after taking over the club in 2024. The deal was believed to be worth more than £400m. The group said it was time “to consider the next chapter.”
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The Friedkin Group is exploring new investment options for Everton, including a possible sale of a controlling interest, less than two years after taking control of the Premier League club.
The owners are open to selling a controlling stake as part of an effort to attract fresh investment, Reuters reported. An Associated Press report quoted Everton's statement describing a controlling-interest sale as one of the options under consideration.
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That wording matters: Everton has not announced a buyer or an agreed transaction. The process could bring in new investment without necessarily ending The Friedkin Group's involvement.
The Friedkin Group said Everton faced significant financial uncertainty and challenges on and off the pitch when it became the club's custodian. It said its first priorities were stability, investment and support, including helping to complete Hill Dickinson Stadium.
“With that foundation now safely in place, the time is right to consider the next chapter for Everton,” the group said.
The owners said they would only entertain interest from parties they believe can build on the progress made since the takeover. Reuters reported that The Friedkin Group intends to keep supporting the club during the process and has retained investment bank Moelis & Company as an adviser.
The Friedkin Group acquired Everton from Farhad Moshiri in December 2024, ending a turbulent ownership period. Channel 4 News said that takeover was believed to be worth more than £400 million.
The latest announcement puts Everton's ownership back in play unusually quickly. It also leaves the most consequential details unresolved: whether the process produces a new controlling owner, what form any new investment takes and how long the search might last.
For now, the confirmed development is a review of options rather than a completed sale. The Friedkin Group and Everton said they would not comment further while the process is under way.
@AJE_SportEverton’s owners, The Friedkin Group, are open to selling a controlling stake to attract new investment, less than two years after acquiring the Premier League club from Farhad Moshiri amid financial difficulties and prolonged instability. 🔗: https://aje.news/vrjrue@AJE_SportEverton’s owners, The Friedkin Group, are open to selling a controlling stake to attract new investment, less than two years after acquiring the Premier League club from Farhad Moshiri amid financial difficulties and prolonged instability. 🔗: https://aje.news/vrjrue@AJE_SportEverton’s owners, The Friedkin Group, are open to selling a controlling stake to attract new investment, less than two years after acquiring the Premier League club from Farhad Moshiri amid financial difficulties and prolonged instability. 🔗: https://aje.news/vrjrue@AJE_SportEverton’s owners, The Friedkin Group, are open to selling a controlling stake to attract new investment, less than two years after acquiring the Premier League club from Farhad Moshiri amid financial difficulties and prolonged instability. 🔗: https://aje.news/vrjrue
