Sports09 October, 20262 min read
Friedkin Group Explores Sale Of Everton Controlling Stake, Considering New Investment Options
This article is an automated aggregation of coverage from news outlets. Our editorials offer in-depth analysis curated by the NewsCord team.
TFG exploring new investment options, including potential sale of controlling stake in Everton. Sale talks come less than two years after takeover completed December 2024.
Everton put up for sale
The Friedkin Group (TFG) said it is exploring new investment options for Everton Football Club, including the potential sale of a controlling interest. TFG completed its takeover of Everton in December 2024 and said the club faced significant financial uncertainty and challenges both on and off the pitch when it became custodians.
TFG said that after prioritising stability, investment and the opening of Everton's new stadium last year, "the time is right to consider the next chapter" for the club. Everton’s statement added that TFG will only entertain interest from parties it believes are "the right stewards to take the club forward" and build on the momentum established.
Owners, stadium, and scrutiny
Dan Friedkin, who is based in Houston, left day-to-day running to his son-in-law Rishi Majithia and chief executive Angus Kinnear, according to the BBC. David Moyes said in September that he had never met or spoken to Friedkin since returning as manager in January 2025, and the BBC linked that to fans’ belief that TFG were effectively absentee owners.
Sky News said Everton have been put up for sale less than two years after TFG took control and that TFG bought Farhad Moshiri's 94.1 per cent stake in December 2024 for a reported £400m. Sky News also said TFG oversaw the move from Goodison Park to the new Hill Dickinson Stadium and quoted Everton’s statement that "the immediate priority was to provide the stability" needed for the club’s future.
What comes next for Everton
Everton’s owners said they will support the club in all ways necessary to achieve success on the pitch and continue efforts to make a positive difference in the communities the club serves. The BBC said TFG’s leadership came under scrutiny during the summer transfer window, after Everton accepted a £40m bid from Nottingham Forest for England Under-19 midfielder Harrison Armstrong and later pulled out of the deal.
The BBC said the move left Everton with just one recognisable striker, 23-year-old Frenchman Thierno Barry, after supporters remained frustrated by the selling of Beto to Fiorentina shortly after. The Friedkin Group told ESPN that it and the club will not be commenting further while the process is underway, as Everton enters a new phase with a controlling-stake sale under consideration.