Who owns Everton?
The Friedkin Group became the owners of Everton in December 2024 when they bought the Merseyside club off Farhad Moshiri, who’d grown increasingly unpopular after getting the Toffees into serious financial difficulties.
The chairman of The Friedkin Group is Dan Friedkin. Everton have been without a permanent chairman since the passing of Bill Kenwright in 2023 although Dan Friedkin is set to take up this role.
The Friedkin Group own 99.5 per cent of Everton, with the remaining 0.5 per cent owned by minority shareholders.
Who is Dan Friedkin?
Friedkin was born in San Diego, California and is now living in Houston, Texas with his family.
By the age of 35, Friedkin became the CEO of the Friedkin Group, which was originally founded by his father. The group have a portfolio of businesses and investments across the automotive, hospitality, entertainment and sport industries. Friedkin is also the founder of the film studio Imperative Entertainment.
Everton are not the only football club owned by The Friedkin Group. They’ve also been the majority owners of Serie A club Roma since 2020.
How much were Everton bought for?
Moshiri was a highly unpopular figure at Goodison Park as he oversaw a period of instability both on and off the pitch.
The former owner initially bought shares in the club in 2016 and increased this from 49.9 per cent to 95.5 per cent in 2022.
Under his management, the Toffees found themselves battling at the wrong end of the table season upon season and losing money.
Everton were referred to an independent commission by the Premier League for breaching PSR across a three-year period. As a result, the club were deducted 10 points before it was later reduced to six after an appeal.
However, another breach meant the club received a further two-point deduction.
The deal took some time to complete, but after receiving approval from the Premier League, the club was acquired by Roundhouse Capital Holdings, an entity of the Friedkin Group for a sum of £400million. The new owners have also written off the previous Everton debts.
What is Dan Friedkin’s net worth?
It’s early days into The Friedkin Group’s ownership of Everton, but things are certainly looking up with David Moyes having been brought back to Goodison as manager.
Everton’s soon-to-be chairman Friedkin’s net worth is reportedly around £5.81billion.