The Friedkin Group, a prominent sports investment firm led by billionaire Dan Friedkin, has officially finalized a deal to acquire a majority stake in the English Premier League club Everton.
This significant acquisition marks a new chapter for the Merseyside club, with the Friedkin Group bringing its expertise and resources to support Everton’s future growth and success.
The Friedkin Group: “We are pleased to have reached an agreement to become custodians of this iconic football club. We look forward to providing stability to the club and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock”
The Friedkin Group, which also owns the Italian Serie A club AS Roma, had previously expressed interest in Everton but had withdrawn from negotiations earlier this year due to concerns surrounding the club’s financial situation. However, after further discussions and negotiations, the two parties have reached a mutually beneficial agreement that will see the Friedkin Group become a controlling shareholder in Everton.
This takeover is expected to provide Everton with a significant financial boost and enable the club to invest in its squad, infrastructure, and operations. Under the leadership of the Friedkin Group, Everton aims to strengthen its position in the Premier League and compete at the highest level of English football.