Everton to benefit from £50m revenue windfall thanks to Friedkin takeover
Everton can benefit from a financial windfall of up to £50million should they expand their fanbase in the United States, according to finance expert Neil Joyce.
Speaking live on Sky Sports News [19 December, 4:42pm], Joyce shared his views on just what is possible for the Toffees now that The Friedkin Group has completed its takeover.
The Friedkins are the 10th American owners of a current Premier League club, having completed their takeover at Goodison Park on Thursday (19 December).
“The investment also brings with it infrastructure and new digital initiatives,” Joyce said.
“We believe there’s at least a high-seven-figure, or a mid-eight-figure revenue opportunity, if Everton grow its fandom in the United States. They won’t have to just look at the short-term revenue.”
Everton can grow fanbase in United States
Everton already have a fairly large fanbase Stateside, as do a lot of established Premier League clubs, but that will surely now only get bigger.
Texas-based Friedkins will no doubt be eager to achieve exactly that, knowing just how lucrative it can be for the club.
Indeed, if this forecast is anything to go by then the club could be completely transformed in terms of external money coming into the club.
All supporters this side of the pond will care about is that the money is invested back into the club, whether on new signings or otherwise.
There are plenty of big decisions for Dan Friedkin and Co to make, namely that of the future of manager Sean Dyche, but this is certainly an exciting development.
Not that any supporters needed telling, but the Friedkins’ takeover really is a game-changer for the Toffees.
In other Everton news, Alan Myers has shared a debt twist at Goodison Park.
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