Everton reportedly up for sale after 22 months under new ownership
Everton are reportedly being put up for sale less than two years after being taken over by The Friedkin Group (TFG), reports BritPanorama.
Barely 22 months after completing their takeover, the American investment group is actively weighing a complete sale of the Toffees, according to The Athletic.
Last month, it emerged that TFG had been exploring the market for outside investment, initially targeting a minority stake deal to generate funds for the club’s development. While that route remains possible, the ownership group is now also seriously considering offloading a majority stake.
TFG, which also owns AS Cannes and Roma, acquired Farhad Moshiri’s 94 per cent stake in the club. Their arrival helped steer Everton clear of prolonged financial instability, with the ownership group credited with steadying the ship on Merseyside. The American group is described as “completely happy” to retain ownership until a suitable opportunity presents itself, having indicated they would only relinquish control if “convinced” that prospective new owners could take the club to a higher level.
Supporters were left angered during the summer window with approximately £100 million worth of playing talent departing the club. The biggest exit saw Manchester City sign Iliman Ndiaye for £65 million, while a proposed £40 million transfer that would have taken Harrison Armstrong to Nottingham Forest was only prevented after fans staged a protest against the move.
Everton recorded a £25 million net profit in the transfer market after a mediocre campaign last term that ended with a 13th-place finish in the Premier League. Despite the upheaval off the pitch, Everton’s on-field performances have offered cause for optimism this season. The Toffees remain one of just five Premier League sides yet to taste defeat after the opening five fixtures of the campaign.
Two victories and three draws have left them in seventh place, sitting on the same points tally as Merseyside rivals Liverpool. David Moyes’ side looks to maintain their unbeaten start against Hull City, who sit one place below them in the league. The two teams meet at the MKM Stadium on Sunday, with kick-off at 2pm.
With ownership structures shifting once again, it’s clear that the landscape of Premier League football remains as unpredictable as ever, reflecting the always delicate balance between ambition and stability.
