What The Friedkin Group could have realised as Everton minority stake up for grabs
Everton fans could soon see The Friedkin Group give up a minority stake in the boardroom.
The American owners are in the early stages of exploring whether there could be an opportunity to bring in more investors at the Toffees.
Having taken over the Blues in December 2024 from Farhad Moshiri, TFG's reign has been associated with relative stability in L3.
What hasn't gone down well is the reluctance to spend under David Moyes at Hill Dickinson Stadium.
Deadline day was representative of one of the most significant aspects the Americans have gotten wrong since taking over.
Dan Friedkin and the rest of the Merseyside outfit's hierarchy have left supporters reeling with the recruitment policy, and it looks like the owners are now trying to address that issue.
What further investment could mean at Everton?
TFG are looking for fresh investment at Everton and seem ready to strike an agreement.
Finance expert Paul Quinn believes the Toffees' current owners could be testing the appetite of prospective investors for a significant minority stake while keeping control of the club.
Writing in The Esk on 6 September, he argued that the relative stability at Hill Dickinson Stadium doesn't support the idea that the ownership is in distress right now.
The most likely explanation is that TFG realise they can't do it on their own at Hill Dickinson Stadium.
It looks like the Americans understand that the money required to make the Blues competitive will likely be a lot and don't wish to write the cheque alone.
Why David Moyes will already be thinking about January window
It will be interesting to see how the situation around the prospective Everton investment unfolds in the coming months.
If an interested buyer does end up coming in, the Toffees will surely be in a much stronger position to spend in the winter transfer window.
Moyes will already have his eyes on January and will certainly want a new number nine coming in after missing out on Folarin Balogun.
The Blues could also undoubtedly do with reinforcements at full-back and they may need to bolster the attack further after losing a key player like Iliman Ndiaye to Manchester City on deadline day.