Everton FC
Everton Football Club officially announce new owners The Friedkin Group
3 hours ago
Everton Football Club enters a new chapter with its takeover by Roundhouse Capital Holdings Limited, a subsidiary of The Friedkin Group (TFG).
The deal, finalised after an agreement with Farhad Moshiriâs Blue Heaven Holdings (BHH), sees Roundhouse secure the majority stake in Everton Football Club.
The acquisition was approved by key regulatory bodies, including the Premier League, Womenâs Professional Leagues Limited, the Football Association, and the Financial Conduct Authority.
Marc Watts, incoming Executive Chairman of Everton Football Club, said:
âToday marks a momentous and proud occasion for The Friedkin Group as we become custodians of this iconic football club. We are committed to leading Everton into an exciting new era both on and off the pitch.
“Providing immediate financial stability to the Club has been a key priority, and we are delighted to have achieved this. While restoring Everton to its rightful place in the Premier League table will take time, today is the first step in that journey.â
Farhad Moshiri, the outgoing majority shareholder, said:
âI truly believe that the transaction with The Friedkin Group is the best outcome for the Club and its future success. There has been a huge team effort in getting to this stage and I would like to personally thank my Board colleagues John Spellman and Colin Chong and all the senior management team including Katie, James, Richard and of course Kevin and Sean for their huge commitment to the Club.
“Despite a challenging geopolitical backdrop, a significant amount has been achieved over the last couple of years including the delivery of a new sporting department, the stabilisation of our finances and the delivery of our iconic new stadium.
“I now hand over to new owners confident in the outlook for the Club and that our incredible fans will see the success on the pitch that they so thoroughly deserve.â
Dan Friedkin, Chairman and CEO of TFG is proposed to be Chairman of the Board. He has appointed Marc Watts to serve as Executive Chairman, who will be responsible in this role for the management of the club. Ana Dunkel, TFGâs Chief Financial Officer and Colin Chong, the Clubâs interim CEO will also serve on the Board. Additional appointments will be made in the coming weeks.
TFGâs vision for Everton Football Club focuses on building a sustainable and successful future. Key priorities include:
- Strengthening the menâs first-team squad through thoughtful and strategic investment.
- Cultivating home-grown superstars through Evertonâs Academy.
- Fostering a distinct on-pitch and commercial strategy for the womenâs team.
- Respecting the Clubâs traditions and keeping Everton at the heart of the community.
- Maximising the potential of the new stadium through long-term commercial partnerships and events that benefit the city of Liverpool.
- Enhancing Evertonâs reputation as a unique and historical name in world football.
- In view of recent changes to the Premier Leagueâs shareholder loan regulations, Everton took proactive steps prior to the transaction’s completion. These included increasing the Clubâs share capital to convert outstanding debt owed to BHH into equity, thereby facilitating additional equity investment from Roundhouse.
With this acquisition, TFG is committed to delivering a strong and sustainable future for Everton Football Club, restoring its competitive stature and maintaining its deep connection with fans and the community.