£1billion Everton takeover update emerges as Alan Myers slams TFG statement

Alan Myers has questioned The Friedkin Group's (TFG) commitment to backing Everton on the pitch.

Premier League headlines have been stolen on Friday by the news TFG are putting Everton up for sale.

The Americans took over the Toffees in December 2024, but are now already willing to bring their tenureship to an end.

However, they've made it clear the club won't be sold unless they're confident it's being passed over to a buyer ready to take the team to the next level.

It's this aspect of TFG's Everton custodianship that Myers, and indeed many fans in general, have questioned recently.

Much of this scepticism was brought about by how the Toffees conducted their summer transfer business.

What point in Everton's window did Alan Myers pick out to question TFG's motivations?

David Moyes is trying to turn Everton into a Premier League powerhouse on the pitch, and he's made some strong progress in that regard already this season.

However, his hand was weakened in that regard right at the end of the summer window, much to the frustration of many supporters and no doubt Moyes himself.

Yes, Jack Grealish and Ainsley Maitland-Niles arrived and both look like being quality additions to his squad, but they weren't supplemented by retaining star players.

However, important players such as Tim Iroegbunam, Beto and Iliman Ndiaye were all sold in the the final days of the window.

Speaking via Sky Sports News, the real tell-tale sign of TFG's perceived lack of investment motivation came via a different transfer saga.

"It was interesting when you read the statement from The Friedkin Group saying: 'We will be fully committed to supporting the team on the pitch'," he said.

"Well it didn't look that way in the summer transfer window, that's for sure. It was a bit of a disaster in the end...

"You could see that they were willing to sell Harrison Armstrong to Nottingham Forest. That said a lot about the investment and what they were doing.

"The only reason he didn't go was because the crowd made their feelings known. That pressure forced The Friedkin Group to reconsider selling him as he's one of the young bright talents of Everton."

So, why does Myers think TFG are ready to sell Everton now, and how much does he think a fair market price is?

What TFG "don't want to do" at Everton to explain sale stance

TFG shouldn't have been under any illusion as to how much of a project purchasing Everton would be.

But the untapped potential in the blue half of Merseyside is clear, but Myers doesn't believe TFG are willing to inject the funds to realise it.

"One of the real reasons for this is TFG have probably come to a point where they have seen what it's going to cost to put Everton back at the top table of English football, which is where the club want to be and where they were a long number of years ago," he continued.

"That figure and cost implication is probably too much for them and they don't want to do that.

"From day one, there were rumours and mumblings that TFG weren't going to be at Everton for long. What they've been trying to do recently is put the club into a good financial situation, with a sale in mind.

"A lot of this also comes from the situation with Roma. They own Roma as well, they are building a new stadium there which will cost £1bn. In the end, it's all too much for them.

"I believe The Friedkin Group are looking for between £800m and £1bn to sell the club which will give them a tidy little profit, as they bought the club for cheaper than they should have done."

Perhaps Everton's biggest asset is now Hill Dickinson Stadium, with their new home being one of the finest and most expensive in European football.

However, aforementioned sales of key players like Ndiaye will also serve to take some value out of Everton too.