Official: Friedkin Group acquire Everton Football Club | OneFootball

It is official: the Friedkin Group have expanded to the English top flight by acquiring Everton Football Club.

The Liverpool-based club joins Roma and Cannes as part of Friedkin’s ownership.

“Everton Football Club has been acquired by Roundhouse Capital Holdings Limited (Roundhouse), an entity within The Friedkin Group (TFG),” reads the official statement.

“The transaction was finalised following an agreement between Farhad Moshiri’s Blue Heaven Holdings (BHH) and Roundhouse for the sale of BHH’s majority stake in the Club.

The deal received the necessary regulatory approvals from the Premier League, Women’s Professional Leagues Limited, the Football Association, and the Financial Conduct Authority.

Marc Watts, incoming Executive Chairman of Everton Football Club, expressed his enthusiasm:

“Today marks a momentous and proud occasion for The Friedkin Group as we become custodians of this iconic football club. We are committed to leading Everton into an exciting new era both on and off the pitch. Providing immediate financial stability to the Club has been a key priority, and we are delighted to have achieved this. While restoring Everton to its rightful place in the Premier League table will take time, today is the first step in that journey.”

Dan Friedkin, Chairman and CEO of TFG is proposed to be Chairman of the Board. He has appointed Marc Watts to serve as Executive Chairman, who will be responsible in this role for the management of the club.

Ana Dunkel, TFG’s Chief Financial Officer and Colin Chong, the Club’s interim CEO will also serve on the Board. Additional appointments will be made in the coming weeks.