Particle.news

Download on the App Store

Friedkin Group Completes Everton Takeover, Promising Stability and Ambition

The new ownership has restructured debt, pledged financial support, and outlined plans for long-term success while addressing immediate challenges.

  • The Friedkin Group (TFG) has finalized its acquisition of Everton, replacing Farhad Moshiri and marking a new chapter for the club after years of instability.
  • TFG has restructured and repaid significant portions of Everton's debt, including high-interest loans, ensuring financial stability and freeing resources for future investments.
  • Plans for the club include appointing a new CEO with football expertise, evaluating the future of director of football Kevin Thelwell, and investing in the academy and training facilities.
  • Sean Dyche's position as manager is under review, with TFG reportedly considering alternative approaches beyond his current contract, which expires at the end of the season.
  • The new owners aim to balance short-term goals, such as maintaining Premier League status, with long-term ambitions, including leveraging the new Bramley-Moore Dock stadium for growth.
Hero image