The Friedkin Group completes takeover of Everton Football Club

The Friedkin Group, a US company, took over Everton Football Club on 19 December 2024. They bought a 94.1% share from the previous owner, Farhad Moshiri. The Premier League and other football authorities approved the deal. As part of the takeover, the club's short-term debts were cleared, and remaining debts were moved to long-term arrangements with lenders. This gives Everton greater financial stability after years of uncertainty about who would own the club. Moshiri had first bought into Everton in 2016 and gradually increased his share before selling. The club currently sits 15th in the Premier League, with 15 points from 15 games. Next season, Everton will leave their old ground at Goodison Park and move to a new stadium by the river.