In a landmark deal for English football, the Friedkin Group has officially acquired a majority stake in Everton Football Club. The transaction, finalized in December 2024, signals a significant shift in the club’s ownership structure and sets the stage for a new chapter in the storied history of the Toffees.
Who Are the Friedkin Group?
The Friedkin Group is a Houston-based consortium with diversified business interests ranging from automotive distribution to film production. Best known in sports circles for their ownership of Italian football club AS Roma, the group has established a reputation for strategic investments and a commitment to long-term development. Led by Dan Friedkin, the group’s entry into English football underscores its growing influence in the global sports arena.
The Details of the Acquisition
The deal grants the Friedkin Group a controlling stake in Everton, one of the founding members of the English Football League with a history dating back to 1878. The financial specifics of the acquisition remain confidential, but it includes a substantial capital injection aimed at stabilizing the club’s finances and supporting its ambitions on and off the pitch.
Everton’s previous majority shareholder, Farhad Moshiri, has faced criticism in recent years due to inconsistent performances and mounting debt. The Friedkin Group’s acquisition is seen as a move to bring