EvertonThe club announced that its long-running ownership saga has come to an end following the takeover by US firm Friedkin Group on Thursday.
American owned group Takes over British-Iranian billionaire Farhad Moshiri owns a 94.1% majority stake in the club, which will move from its long-term home, Goodison Park, to a new riverfront stadium next season.
Everton became the 10th Premier League club to be owned by an American.
“Today is an important and proud moment for the Friedkin Group as we become the custodians of this iconic football club,” the club’s incoming executive chairman Mark Watts said in a statement. “We are committed to leading Everton into an exciting new era on and off the pitch.”
Friedkin also owns the group. Serie A Club AS Roma.
gave Premier League He said the group had passed the test of its league owners and directors, adding: “It was agreed [Premier League] Board, the takeover has now been ratified by an independent monitoring panel.”
Moshiri, Ex weapon The shareholder bought the first 49.9% stake. Everton In 2016 By January 2022, it had increased its stake to 94.1% with a £100 million capital injection.
However, the club’s men’s side have been on a turbulent journey in recent seasons which saw them dramatically avoid relegation on the final day in 2023.
The club repeated the feat last season despite being relegated Eight points total Two separate fines for violations of Profitability and Sustainability Rules (PSR).
Everton’s women’s team, which will also be controlled by American ownership, have also languished in the bottom half of the table in recent seasons.
“I truly believe that the transaction with the Friedkin Group is the best outcome for the club and its future success,” Moshiri said.
“Despite a challenging geopolitical backdrop, a significant amount has been achieved over the past few years including the delivery of a new playing field, the stabilization of our finances and the delivery of our iconic new stadium,” he added. ”
“I now hand over to new owners who are confident the club and our incredible fans will see the success on the pitch they thoroughly deserve.”
Everton are 16th in the Premier League with 15 points after 15 games. The next host Chelsea On Sunday