Friedkin Group completes purchase of Everton and becomes 10th US owner in Premier League
Associated PressHalf of the Premier League is under majority American ownership after Texas-based Friedkin Group completed its 98.8% purchase of Everton on Thursday. “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.” There may be some concern, however, among Everton fans about the Friedkins, who have never spoken publicly in the four years since they purchased Roma and are unpopular with supporters after making contentious management changes — including firing Daniele De Rossi, the club’s beloved former captain, early this season. Everton’s search for owners The Friedkin Group reached an agreement in principle in June to buy Moshiri’s stake, but talks were called off a month later. Everton was then in negotiations with American businessman John Textor, who said he had an exclusivity agreement with the club but needed to first sell his stake in Premier League rival Crystal Palace. “That’s why our immediate priority is stabilizing the club and improving results on the pitch.” Friedkins’ goals Watts said the group has provided an undisclosed injection of capital to ensure the completion of the new stadium, converting most of Everton’s debt either to equity “repaid or refinanced on terms more favorable to the stability of the club.” The new owners said they had six goals, including “strengthening the men’s first-team squad through thoughtful and strategic investment” and “enhancing Everton’s reputation as a unique and historical name in world football.” There was no mention of Sean Dyche, who has been Everton’s manager for nearly two years and whose future may come under scrutiny if the new ownership wants to make a fresh start.
History of this topic
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Everton's takeover is 'thrown into doubt as prospective owners 777 Partners request an extension' to complete the deal... as American firm 'look to raise funds' to acquire 94.1 per cent stake in the T
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