Dec 20,2024
Everton's takeover by the Friedkin Group has been confirmed, ending the turbulent tenure of Farhad Moshiri.
A statement issued by the club on Thursday morning said the Toffees had been acquired by Roundhouse Capital Holdings Limited, an entity within the Friedkin Group.
The club said the deal, said to be in excess of £400million (€486m) had received the necessary regulatory approvals from the Premier League, Women's Professional Leagues Limited, the Football Association and the Financial Conduct Authority.
The Premier League's statement confirmed the Friedkin Group had purchased a 98.8% stake in Everton.
Under the ownership of Moshiri, the club have twice been sanctioned under the Premier League's profitability and sustainability rules (PSR) in the last 13 months, and had eight points in total deducted last season.
The Toffees now become the 10th club in the Premier League under majority American control.
