Everton grow to be tenth Premier League membership below American possession after buy by Texas-based Friedkin Group.
The Texas-based Friedkin Group accomplished its 98.8% buy of Everton, including the storied Premier League membership to its wide-ranging portfolio of investments together with Italian staff Roma.
It ends an extended interval of big uncertainty at Everton, a nine-time English champion which has been an ever-present within the prime division since 1954 however is with no main trophy since 1995.
Fronted by Dan Friedkin and his son Ryan, the group has investments within the automotive business, leisure, hospitality and sports activities. The Friedkins made a fortune distributing Toyotas in Texas.
They take over from Everton’s majority shareholder, Farhad Moshiri’s Blue Heaven Holdings.
“Immediately marks a momentous and proud event for The Friedkin Group as we grow to be custodians of this iconic soccer membership,” Marc Watts, the membership’s incoming government chairman, mentioned on the membership’s web site. “We’re dedicated to main Everton into an thrilling new period each on and off the pitch.”
Dan Friedkin writes to Evertonians following our takeover completion. ✍️🔵
— Everton (@Everton) December 19, 2024
Everton mentioned the membership had been acquired by Roundhouse Capital Holdings Restricted, an entity inside the Friedkin Group.
The Premier League mentioned the acquisition was accepted following the completion of its homeowners’ and administrators’ check, and the group had reached an settlement over the sale phrases in September.
Everton are sixteenth within the 20-team league and now grow to be the tenth English top-flight outfit below majority American possession.
The Liverpool-based membership, who’re leaving Goodison Park on the finish of the season for a brand new stadium, entertain Chelsea within the Premier League on Sunday of their subsequent fixture.
A message from our new Government Chairman, Marc Watts. 💬🔵
— Everton (@Everton) December 19, 2024
