Everton have announced that the Friedkin Group has taken over as the club’s majority shareholder, acquiring 94.1% of its shares from Farhad Moshiri.
This marks the end of Moshiri’s seven-year ownership, during which Everton faced performance declines, instability, and financial struggles.
Under Moshiri’s leadership, the club grappled with severe financial challenges, culminating in two points deductions last season for breaching the Premier League’s profit and sustainability regulations.
Addressing these financial woes will be the Friedkin Group’s top priority, akin to their approach after taking control of Roma, which faced similar issues.
Achieving financial stability may require a conservative approach to transfer windows, with player sales—such as young defender Jarrad Branthwaite, who could command a significant fee in the summer—providing much-needed funds.
With the completion of this deal, Everton will adopt a multi-club model, a structure increasingly common in global football.
Unlike models like Manchester City’s City Group, which centralize operations around a primary club, Everton and Roma are both historic, top-flight clubs unlikely to play secondary roles to one another.
Instead, the two clubs can benefit from an expanded scouting network and the ability to loan or transfer players between them. This could particularly aid Everton, whose ageing squad and limited depth require significant reinforcements.
Manager Sean Dyche, whose contract expires at the end of the season, has faced consistent criticism during his tenure, which has been marked by consecutive relegation battles.
Although the Friedkin Group is expected to retain Dyche until the end of the season, they may aim for a managerial overhaul ahead of the 2025/26 campaign. With a new manager, a completed stadium, and potential fresh signings, there is hope that optimism will return to Everton fans.
