By Giles Turner | Updated on Oct 09, 2026 at 09:46 AM
The Friedkin Group is considering selling a controlling interest in Everton FC less than two years after acquiring the Premier League club, in a move that will test investor appetite for increasingly costly football assets.
The US group, which has retained investment bank Moelis & Company, said Everton had been stabilized financially and that the completion of the club’s new stadium meant it was appropriate to consider its “next chapter”, in a statement Friday .
The Friedkin Group took control in late 2024 after a prolonged period of financial uncertainty under former owner Farhad Moshiri. Since then, the group has refinanced liabilities and helped complete Everton’s move to the Hill Dickinson Stadium, giving prospective investors a modern venue with greater match-day and commercial potential. Securing competitiveness would demand significant additional capital from any prospective owner to bolster the playing squad.
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Negotiations could be complicated by valuation expectations that have become increasingly detached from the economics of many clubs. Owners across European football have taken encouragement from the record-setting sale of a minority stake in rival Liverpool FC, where a consortium led by Amit Bhatia and backed by investors including Jeff Bezos and Eduardo Saverin agreed to buy more than 30% at a valuation exceeding $6 billion.
The Liverpool deal established a new high-water mark for a football minority investment and has skewed some sellers’ expectations of what their own clubs should command, according to a number of sports deals advisers working on current sales.
Everton is worth roughly £720 million based on figures from the latest accounts, according to analysis by football adviser Tom Markham. The Friedkin Group might have to inject more than £400 million into the club just to keep it competitive, according to Paul Quinn, an independent researcher and blogger on football finances.
The challenges facing a potential investment in Tottenham Hotspur highlight the struggle around a fair value for a football club. A transaction for Eight Sports Capital to buy a 24.99% stake in ENIC, Tottenham’s controlling shareholder, has stalled. Like Everton, London-based Tottenham has a state-of-the-art stadium and robust commercial revenues, but long-standing disagreements over the club’s valuation have scuppered potential deals, especially when buyers acquire non-controlling minority stakes.
The Friedkin Group is one of the world’s largest independent Toyota distributors and owns a collection of award-winning luxury resorts, according to its website. Friedkin himself pilots planes as a hobby. He bought Italian club Roma in 2020 and in 2022 they won the Europa Conference League under then-head coach Jose Mourinho.
Bloomberg previously reported that TFG has hired Moelis to work on investment options.