Everton takeover by Friedkin Group completed as Moshiri era is ended
US company buying 98.8% stake in Merseyside club‘Exciting new era’ promised after deal worth about £500m
The Friedkin Group has completed its takeover of Everton and brought the turbulent era of Farhad Moshiri to an end.
The US company TFG, owned by the Texas billionaire Dan Friedkin, agreed a complex deal to purchase Moshiri’s 94.1% shareholding in September and has bought further shares to take a 98.8% stake. It has received regulatory approval from the Premier League, Women’s Professional Leagues Limited, Football Association and the Financial Conduct Authority to add Everton to its football portfolio alongside Roma, and takes to 11 the number of Premier League clubs owned or part-owned by an American investor.
