Everton up for sale after U.S. owner says it is exploring investment options
MANCHESTER, England (AP) — Premier League Everton is on the market again after U. owner the Friedkin Group announced Friday it was exploring investment options and a potential sale.
Manchester, England (AP) — Premier League football club Everton is for sale once more following the announcement on Friday by U.S. owner, the Friedkin Group, that they are exploring investment opportunities and potentially selling the club. The Texas-based Friedkin Group finalized their acquisition of the football club in December 2024, putting an end to the previous eight years of ownership by former owner Farhad Moshiri.
In a statement, Everton declared that they would only consider offers from parties they believe would be suitable stewards to continue the club's progress and build upon the momentum that had been established. The announcement generates uncertainty surrounding the nine-time English champions and founding members of the Premier League.
The Friedkin Group has a diverse portfolio of businesses in sectors such as automotive, entertainment, hospitality, sports, and adventure industries, including Italian football team Roma. British Prime Minister Andy Burnham is an Everton fan and attended a match with Canada's Prime Minister Mark Carney last month.
The Friedkin Group's options for the club include the potential sale of a controlling interest. When the Friedkin Group took ownership of Everton, the club faced significant financial uncertainty and challenges both on and off the field. The immediate focus was to provide stability, investment, and support to secure the club's future, including completing the long-promised stadium for the fans. With this foundation now secure, the Friedkin Group sees the time as right to consider Everton's next chapter.
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