The Friedkin Group has announced it is exploring new investment opportunities for Everton Football Club, including the possibility of a full sale of its controlling interest. The Houston-based organization, which took over the club from Farhad Moshiri in December 2024, confirmed that it is seeking to determine the next chapter for the Premier League side. While no specific timeline has been established for a deal, the ownership is reportedly confident about attracting interest quickly and potentially completing a transaction during the current season. Investment bank Moelis & Company has been appointed to manage the process. The Houston-based company confirmed in a statement on Friday that it was seeking fresh investment in Everton but was also open to relinquishing control should a suitable buyer be found. Throughout this process, TFG’s focus will remain unchanged.
Reflecting on their tenure, the group stated: “When TFG became custodians of Everton, the club faced significant financial uncertainty and challenges both on and off the pitch. The immediate priority was to provide the stability, investment and support needed to secure the club’s future, including helping to bring the long-promised stadium to completion for its deserving supporters.” The company emphasized that it would only engage with parties they believe are capable of serving as the right stewards to build upon the momentum established under their management. In app, tap the Profile settings button at the top right, then select Notifications. Make sure you’re on the most recent version, if you already have app. Download it from the iOS App Store on iPhone or the Google Play store on Android by searching for ”, if you don’t have app. We will support the club in all ways necessary to achieve success on the pitch and will continue efforts to make a positive difference in the communities the club serves.”.
TFG acquired the club as a distressed asset for approximately £400 million, a figure that included the assumption of significant debt. Since then, the group has focused on stabilizing the club’s finances and securing more favorable funding terms for the Hill Dickinson Stadium project. Market estimates suggest an asking price of roughly £800 million, which would account for the club’s long-term debt of approximately £380 million and represent a significant return on their initial investment. Beyond Everton, the group maintains a diverse portfolio including Italian club Roma and the French side Cannes, and is currently preparing to launch a new NHL franchise in Houston valued at roughly $3.5 billion. The company is preparing to launch an NHL franchise in Houston worth about $3.5bn (£2.6bn).
The decision to consider a sale comes amid heightened scrutiny regarding the firm’s long-term commitment to the club, fueled by a turbulent summer transfer window. Mid-summer, the club shifted to a sell-to-buy policy. This was initially signaled by a £40 million bid for Harrison Armstrong from Nottingham Forest, a deal that was later scrapped following vocal opposition from the fanbase. However, the club subsequently offloaded its creative standout, Iliman Ndiaye, to Manchester City for £65 million.
Internal friction has also surfaced, with manager David Moyes expressing concerns over his communication with club leadership. Moyes, who returned to the club in January 2025, revealed that he has not spoken to Dan Friedkin, the group’s founder and the club’s chair, since his reappointment. The squad’s depth was further strained on deadline day following the sale of forward Beto to Fiorentina and the collapse of a potential £40 million transfer involving Folarin Balogun from Monaco.
Strategic considerations regarding multi-club ownership are also driving the firm’s review. While the owners previously believed they could navigate Uefa’s regulations, strict enforcement regarding clubs in the same European competitions has created complications. TFG may now be forced to place one of its assets into a blind trust to avoid sanctions. With the stadium project nearing completion and the club’s financial footing significantly improved compared to when it was purchased, TFG views this as an appropriate juncture to evaluate its future in English football.
