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Everton put up for sale by Friedkin Group less than two years after takeover

The Friedkin Group has confirmed it is exploring new investment options for Everton, including the sale of a controlling stake, less than two years after buying the club for more than £400m. The American owners say the financial stability secured and the opening of the new stadium make this the right moment to consider the next chapter.

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Exterior view of Everton's new stadium at dusk, with its illuminated facade and supporters walking nearby.
Exterior view of Everton's new stadium at dusk, with its illuminated facade and supporters walking nearby.

Everton are back on the market. The Friedkin Group, the American consortium that took control of the Merseyside club in 2024 in a deal worth more than £400m, has announced it is considering the sale of a majority stake and is open to approaches from potential buyers. The move comes just weeks after a turbulent end to the transfer window and amid growing friction with sections of the fanbase over the direction of the sporting project.

  • The Friedkin Group confirms it is exploring new investment options, including selling a controlling interest in Everton.
  • The club was bought in 2024 for a fee believed to exceed £400m.
  • The ownership says financial stability and the new stadium make it the right time to plan for the next chapter.
  • Supporters were angered by the attempted sale of Harrison Armstrong and the departure of Beto to Fiorentina.
  • Everton sit seventh in the Premier League after the first seven rounds of fixtures.

Why Friedkin are considering an Everton sale now

In a statement, the group explained that its immediate priority after arriving at Goodison Park was to address a difficult financial situation and restore calm to a club facing serious challenges on and off the pitch. With that foundation now in place and the long-awaited stadium finally open, the owners believe the time is right to consider what comes next.

The plan involves listening to offers that guarantee continuity. Friedkin stressed that it will only entertain interest from parties viewed as the right stewards to take Everton forward, with on-pitch success and a positive impact in the community remaining non-negotiable priorities.

Fan unrest over Armstrong and Beto deals

The summer was far from smooth at Everton. Supporters reacted angrily when it emerged that the club had accepted a bid from Nottingham Forest in the region of £40m for Harrison Armstrong, an England Under-19 midfielder and one of the academy's brightest prospects. The transfer eventually collapsed, but the damage had already been done.

Shortly afterwards, the sale of Beto to Fiorentina added more tension. The striker's exit left the squad with just one recognised centre-forward in 23-year-old Frenchman Thierno Barry. The move was widely read as evidence of limited ambition from the ownership, capping a deadline day that left David Moyes with only 18 senior outfield players.

With that foundation now safely in place, the time is right to consider the next chapter for Everton.

Friedkin's distance from day-to-day life at Everton

A sense of absentee ownership has been building among supporters. Dan Friedkin, the group's chairman based in Houston, leaves the day-to-day running of the club to his son-in-law Rishi Majithia, who works alongside chief executive Angus Kinnear. That structure has not prevented relations with the fanbase from souring.

David Moyes himself admitted in September that he had never met or spoken to Friedkin since returning as manager in January 2025. The Scot took charge 21 months ago, and in that time the chairman has not attended a single Everton game. The contrast with Roma, the group's other club, is striking: in the Italian capital the approach is far more hands-on, with Champions League revenue providing an extra financial cushion.

What a change of ownership would mean for Everton

The potential sale arrives with the team in a relatively calm position on the pitch. Everton are seventh in the Premier League and the new stadium, opened before Friedkin formally took charge, is beginning to generate commercial expectations. The group inherited a club on the brink of financial collapse after the Farhad Moshiri era and completed the purchase of 99.5% of the shares.

That stabilisation is likely to stand as the defining legacy of a tenure that, once a sale is completed, will be remembered as unspectacular. Former Everton goalkeeper Rachel Brown-Finnis described the announcement as a shock, while acknowledging that the club is left in a far stronger position than the one the current owners found.

If the Friedkin Group sells tomorrow, they have left the club in a much better place. I just hope that they do their due diligence.

What happens next in the Everton sale process

While interested parties come forward, the group insists its commitment to the project remains unchanged. Support for the squad, the pursuit of results and work in the communities connected to Everton will continue as priorities throughout the process. The aim is for any transition to new ownership to happen without sporting or institutional disruption.

Everton are therefore facing another dramatic shift barely two years after emerging from one of the deepest crises in their recent history. A fanbase weary of turbulence will hope the next owner genuinely invests in the club's growth rather than treating it as just another portfolio asset.

Frequently asked questions

Why do the Friedkin Group want to sell Everton?

The group believes it has completed the stabilisation phase, with the club on solid financial ground and the new stadium open, and sees this as the right time to plan for the next chapter. It is looking for investors who can guarantee continuity and sporting ambition.

How much did The Friedkin Group pay for Everton?

The American group completed the takeover in 2024 for a fee in excess of £400m, acquiring 99.5% of the club's shares after the Farhad Moshiri era. The deal was struck while Everton were in the middle of a financial crisis.

How have Everton fans reacted to the news of a potential sale?

The announcement has come as a surprise, but it fits with the frustration that built up during the last transfer window. Anger over the attempted sale of Harrison Armstrong and the exit of Beto had already strained relations between supporters and the ownership before the official statement.

Based on reporting by BBC Sport.