Everton Owners Consider Selling Club Less Than Two Years After Takeover

Posted : 09 October 2026

Everton’s American owners, The Friedkin Group (TFG), are exploring options for new investment, including the potential sale of a controlling stake in the Premier League club, less than two years after completing their takeover in December 2024. The announcement raises fresh questions about the club’s long-term ownership and financial direction

In a statement released on Friday, October 9, 2026, TFG said its initial priorities had been to stabilise Everton’s finances, provide investment and support the completion of the club’s new stadium. With those objectives forming the foundation for the next phase, the group believes the time has come to consider alternative ownership and investment arrangements.

The group, led by billionaire businessman Dan Friedkin, took control of Everton after a period of financial uncertainty under former owner Farhad Moshiri. Its takeover was completed in December 2024 in a deal widely reported to be worth more than £400 million.

TFG said it would consider proposals only from investors it believes can protect the club’s interests and build on the progress made during its ownership. The group also stressed that it would continue supporting Everton and remain committed to the club’s sporting ambitions and its role in the local community while the process continues.

Friedkin Group Faces Growing Questions Over Everton Management

Although TFG initially received praise for bringing greater stability to Everton, its leadership has attracted increased scrutiny, particularly over transfer decisions and communication with the club’s football management.

In September, manager David Moyes revealed that he had never met or spoken directly with Friedkin since returning to the club in January 2025. The American businessman, who is based in Houston, has delegated much of Everton’s daily operations to his son-in-law, Rishi Majithia, who works alongside chief executive Angus Kinnear.

Supporter frustration intensified during the summer transfer window after Everton accepted a reported £40 million offer from Nottingham Forest for highly rated young midfielder Harrison Armstrong. The proposed move was eventually abandoned following a negative reaction from fans.

Further concerns emerged after striker Beto departed for Fiorentina without Everton securing an immediate replacement. The failed attempt to bring in another forward left the club relying heavily on 23-year-old French striker Thierno Barry, adding to questions about the squad’s depth and the club’s recruitment strategy.

These developments contributed to growing uncertainty among supporters about the owners’ willingness to invest sufficiently in strengthening the team. The potential sale announcement now offers the possibility of a change in direction, although no new owner has been confirmed.

Everton Owners Promise to Prioritise the Club’s Future

Despite exploring a possible sale, TFG has insisted that its commitment to Everton will not change during the process. The group says it intends to maintain the support needed to help the team succeed on the pitch while continuing to contribute positively to the communities associated with the club.

The owners have also made clear that any prospective buyer must demonstrate the ability to guide Everton towards a sustainable and successful future. Their stated priority is to identify suitable custodians who can preserve the progress made so far and build on the foundations established since the takeover.

For Everton supporters, the next stage will be closely watched as they await clarity over the club’s ownership, future investment and transfer policy. While the exploration of a sale does not guarantee an immediate change of control, it signals a potentially important turning point for the Merseyside club.

The process remains ongoing, and TFG has indicated that it and Everton will not provide further public comments while the review is underway.

Everton Owners Consider Selling Club Less Than Two Years After Takeover

Friedkin Group Faces Growing Questions Over Everton Management

Everton Owners Promise to Prioritise the Club’s Future

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