Everton owners The Friedkin Group (TFG) are exploring a potential sale of the club less than two years after taking control, Trybal News reports.
The American group completed its takeover in 2024 in a deal believed to be worth more than £400m. Now, TFG says it is considering new investment options, including the sale of a controlling stake.
In a statement, the group explained that it had prioritised financial stability, investment and the completion of Everton’s new stadium. With those goals achieved, it believes the time has come to consider the club’s next chapter.
“The Friedkin Group is exploring new investment options for Everton Football Club, including the potential sale of a controlling interest,” TFG said.
“When TFG became custodians of Everton, the club faced significant financial uncertainty and challenges both on and off the pitch. The immediate priority was to provide the stability, investment and support needed to secure the club’s future, including helping to bring the long-promised stadium to completion for its deserving supporters.
“With that foundation now safely in place, the time is right to consider the next chapter for Everton.”
Everton leadership faces scrutiny over transfer decisions
TFG, led by chairman Dan Friedkin, promised to build a “sustainable and successful” future for Everton when it took over. However, the group’s leadership came under scrutiny during the summer transfer window.
In September, manager David Moyes said he had never met or spoken to Friedkin since returning to the club in January 2025. Friedkin is based in Houston and leaves much of Everton’s daily operations to his son-in-law, Rishi Majithia, who works alongside chief executive Angus Kinnear.
Supporter frustration grew when Everton accepted a £40m bid from Nottingham Forest for England Under 19 midfielder Harrison Armstrong. Fans viewed the young midfielder as one of the club’s prized assets.
Everton eventually withdrew from the deal. However, supporters remained unhappy after the club sold striker Beto to Fiorentina soon afterwards.
The departure left Everton with only one recognised striker, 23 year old French forward Thierno Barry. The situation added to concerns among supporters about the club’s transfer strategy and squad depth.
TFG said it would consider offers only from parties it believes can protect Everton’s interests and lead the club forward.
“Throughout this process, TFG’s focus will remain unchanged. We will support the club in all ways necessary to achieve success on the pitch and will continue efforts to make a positive difference in the communities the club serves,” the statement continued.
