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Friedkin Group Completes Everton Takeover, Expands American Ownership in Premier League

Everton Football Club is now under American ownership following the Friedkin Group's purchase, ending a tumultuous tenure by Farhad Moshiri.

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Updated: Dec 19th, 2024, 12:16 PM ET

Summary

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The Friedkin Group has finalized a 98.8% takeover of Everton, marking the club as the 10th Premier League team owned by Americans. The deal, valued over £400 million, concludes Farhad Moshiri’s eight-year reign characterized by financial instability and poor managerial choices. New leadership aims to stabilize the club and enhance performance, while concerns linger over the Friedkin's past management decisions at Roma. Everton must navigate financial challenges, including past points deductions and future stability as they transition to a new stadium.

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Friedkin Group Completes Everton Takeover, Expands American Ownership in Premier League - Pano News