Everton owner The Friedkin Group is considering selling a controlling stake in the Premier League club, less than two years after completing its takeover.
The US-based group, led by chairman Dan Friedkin, acquired Everton in 2024 in a transaction believed to have valued the club at more than £400m. It has now begun assessing new investment options, including a potential change of control.
TFG said its initial focus after arriving at Everton had been stabilising the club following a period of serious financial uncertainty and difficulties both on and off the pitch. Investment was also directed towards completing Everton’s new stadium, which opened last year.
With the ownership group believing those foundations are now established, it has decided to assess possible investors or buyers for the next stage of the club’s development.
TFG had outlined plans to build a financially sustainable and competitive Everton when it took control, but its leadership attracted growing criticism during the latest summer transfer window.
Manager David Moyes revealed in September that he had not met or spoken directly with Friedkin since returning to Everton in January 2025. Friedkin is based in Houston and has largely left the club’s everyday operations to his son-in-law Rishi Majithia, who works alongside chief executive Angus Kinnear.
Supporter frustration also intensified over Everton’s transfer dealings.
The club accepted a £40m offer from Nottingham Forest for highly rated England Under-19 midfielder Harrison Armstrong, prompting an angry response from sections of the fanbase. Everton eventually withdrew from the proposed transfer.
Further criticism followed when striker Beto was sold to Fiorentina soon afterwards. His departure left 23-year-old French forward Thierno Barry as the club’s only recognised senior striker.
Despite exploring a possible sale, TFG has indicated that it will remain selective over any potential buyer. The ownership group intends to consider only parties it believes are capable of responsibly leading Everton through the next phase of its development.
TFG also plans to continue providing financial and operational support during the process, while maintaining investment aimed at improving results on the pitch and supporting the communities connected to the club.
A sale would bring another significant ownership change for Everton shortly after TFG ended Farhad Moshiri’s tenure and took control of the club in 2024.