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Get breaking Everton takeover news and sale rumours, following the finalisation of the deal in late 2024 after months of speculation and negotiation.
Everton Football Club has recently agreed to a takeover deal with The Friedkin Group, a Texas-based investment firm. The deal has now completed, with the final regulatory approvals granted, marking the end of Farhad Moshiri's turbulent tenure as majority owner of the club.
The takeover deal, believed to be worth over £400 million, gives The Friedkin Group a 99.5% stake in Everton. The group, led by chairman Dan Friedkin, also owns Italian Serie A club AS Roma, and is expected to bring stability and new investment to the Toffees.
Dan Friedkin, with a reported net worth of £6.16 billion, is expected to be appointed chairman of Everton’s board, while Marc Watts, president of the Friedkin Group, will serve as executive chairman, overseeing the club's management.
Despite concerns over the club’s financial situation, the takeover is seen as a step forward. The Friedkin Group’s financial backing is expected to help resolve these issues and provide the necessary funds for the club’s future development.
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