Friedkin Group Explores Sale of Everton Football Club
The Friedkin Group, based in Texas, is contemplating the sale of Everton less than two years after acquiring a 94.1 percent stake from Farhad Moshiri for approximately £400 million ($529 million) in December 2024. The group has overseen Everton's transition from Goodison Park to the new 53,000-capacity Hill Dickinson Stadium.
In a statement, the Friedkin Group acknowledged the financial uncertainties and challenges the club faced upon their takeover and indicated that the time is right to consider the club's future direction. They emphasized that they would only consider offers from parties they believe would be suitable stewards for the club.
Under the management of David Moyes, Everton has finished 13th in the Premier League for the past two seasons, facing criticism for a poor summer transfer window, including the failed signing of US striker Folarin Balogun. Moyes has stated he has not met Dan Friedkin, the CEO of the Friedkin Group, who has not attended any home games.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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