FRIEDKIN GROUP COMPLETES TAKEOVER OF EVERTON FOOTBALL CLUB. (PHOTO).
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Friedkin Group Completes Takeover of Everton Football Club
The US-based Friedkin Group has officially completed its takeover of Premier League club Everton, the club announced on Thursday.
The acquisition was made through Roundhouse Capital Holdings Limited, a subsidiary of the Friedkin Group.
With this deal, Everton becomes the 10th Premier League club to be under majority American ownership, with the Friedkin Group purchasing a 98.8% stake in the Liverpool-based club.
In a statement, Marc Watts, the new executive chairman, expressed pride in the acquisition, stating: “Today marks a significant milestone for The Friedkin Group as we take on the responsibility of this historic football club. We are committed to ushering in a new era of success for Everton, both on and off the field. Ensuring immediate financial stability has been our primary focus, and we are pleased to have achieved this. While restoring Everton to its rightful place in the Premier League will take time, today marks the first step of that journey.”
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