Everton Owner The Friedkin Group Reportedly Open to Full Sale of Club
The Friedkin Group is reportedly open to selling Everton outright, according to The Athletic, raising questions about transfer spending and the club's ambitions.
Why people are searching for Everton
Everton's American owners, The Friedkin Group (TFG), have reportedly put the club up for sale. The report comes from The Athletic and was picked up by other outlets on 9 October. The group is said to be prepared to leave if the right buyer emerges.
The story is based on that reporting. The sources provided do not include an official club or owner statement.
What we know about the sale
According to the Yahoo Sports summary of The Athletic's report, TFG first sought fresh outside investment to help push the club forward. A sale of a majority stake is now being considered, and the group is open to selling the whole club.
The report says TFG is in no hurry. It is happy to keep Everton for as long as it takes to find the right owner. It would only sell if convinced a buyer could take the club "to the next level".
The Echo noted in an article published on 8 October that a Financial Times report had already suggested the Friedkins were looking for outside investment.
The transfer spending question
The timing matters because of the summer window. In August, manager David Moyes said the club still needed "quite a few players". Chief executive Angus Kinnear said he thought the squad was "in a really good place". He also predicted Everton would "spend more than most of our competitors".
When the window closed, Everton were 15th for net spend, the Echo reported. They had taken in more than £100m on deadline day from the sales of Iliman Ndiaye, Beto, Tim Iroegbunam and Nathan Patterson. They were one of only about six clubs to make a trading profit.
Football finance expert Kieran Maguire told the Echo the move to Hill Dickinson Stadium had given Everton more flexibility "in theory". He compared it to a higher overdraft limit. He said fans had not seen that turn into squad investment.
Maguire also suggested that running Everton as a solid enterprise for a couple of years, then selling, "could form part of a broader strategy". He asked whether that would keep the transfer budget down for non-football reasons. That is his opinion, not something the owners have said.
The stadium and the money
Read Everton explained that higher qualifying revenue can raise what a club may spend on its squad under Premier League cost rules. Maguire estimates each extra £1m creates roughly £850,000 of spending capacity.
An extra £60m a year has been floated as a stadium benefit. Maguire sees that as an ambitious target, not a guarantee. He also said that headroom is not the same as ready transfer cash, because wages and other commitments still have to be met. European qualification could speed up revenue growth, he added.
On the pitch, Everton have started the Premier League season unbeaten.
What happens next
No buyer, price or timetable appears in the sources, so the situation could change. The next fixture is Hull City v Everton on Sunday 11 October at the MKM Stadium, with a 14:00 kick-off listed. Supporters should watch for any official word from the club or TFG, or for further reporting on potential buyers. Until then, the owners remain in charge of the club's budget.
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Quick answers
Who owns Everton at the moment?
The Friedkin Group, led by Dan Friedkin, bought the club from Farhad Moshiri in December 2024.
Has Everton's sale been officially confirmed?
Not in the sources provided. The reports cite The Athletic, and no official statement from the club or owners is included.
Has Dan Friedkin watched Everton at the new stadium?
According to the Echo, he has never watched a game there. The owners have a representative at every home match, mainly his son-in-law Rishi Majithia.
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