The Friedkin Group, owned by U.S. billionaire Dan Friedkin, has completed its acquisition of Everton Football Club, the company announced Thursday. The deal, finalized after securing regulatory approvals, signals a fresh chapter for the historic club, which has faced financial struggles and near-sale controversies in recent years.
Regulatory Approvals Finalized
The acquisition, conducted through The Friedkin Group’s Roundhouse Capital Holdings Ltd., received approvals from the Premier League, Women’s Professional Leagues Ltd., the Football Association, and the Financial Conduct Authority.
Marc Watts, the incoming executive chairman of Everton, emphasized the group’s commitment to financial stability and long-term growth.
“Providing immediate financial stability to the club has been a key priority, and we are delighted to have achieved this,” Watts said. “While restoring Everton to its rightful place in the Premier League table will take time, today is the first step in that journey.”
Strategic Vision for Everton
The Friedkin Group outlined its vision for Everton, including:
- Strengthening the men’s first-team squad through strategic investment.
- Developing homegrown talent via Everton’s Academy.
- Enhancing the women’s team’s on-pitch and commercial strategy.
- Maintaining the club’s community-driven initiatives.
“Today marks a momentous and proud occasion for The Friedkin Group as we become custodians of this iconic football club,” Watts added.
