Everton owners explore sale less than two years after takeover

Everton’s owners, The Friedkin Group, are exploring a possible sale of the club less than two years after completing their takeover. The American group assumed control in 2024 in a deal believed to have been worth more than £400m. The development was announced on 9 October 2026 at 08:30 BST.

TFG said its initial priorities had been to bring stability, provide investment and complete Everton’s new stadium, which opened last year. With those objectives now secured, the group believes the club has reached a point where its future ownership structure can be reviewed.

The group, led by chairman Dan Friedkin, had promised a sustainable and successful future when it arrived. However, its leadership faced criticism during the summer transfer window. Manager David Moyes said in September that he had not met or spoken with Friedkin since returning to the role in January 2025.

Day-to-day operations are handled by Friedkin’s son-in-law, Rishi Majithia, alongside chief executive Angus Kinnear. Supporters reacted angrily after Everton accepted Nottingham Forest’s £40m offer for England Under-19 midfielder Harrison Armstrong, although the deal was later withdrawn. Frustration continued after Beto joined Fiorentina, leaving the club with one established striker, 23-year-old Frenchman Thierno Barry. TFG said it would consider only buyers it believes can responsibly lead Everton forward.

ColdMath take

A potential ownership change could affect Everton’s longer-term planning, but TFG says it will continue supporting the club during the process. Sporting decisions remain especially important after the departures of Beto and the abandoned Armstrong transfer.

The immediate squad picture is clear: Thierno Barry is the only established striker named in the report, while the club evaluates its next stage on and off the pitch.