The Friedkin Group, based in Texas, has successfully acquired a 98.8% stake in Everton, a renowned Premier League club, marking a significant addition to their diverse investment portfolio that includes Italian team Roma. This acquisition brings an end to a period of uncertainty for Everton, a club with a rich history as a nine-time English champion that has been a constant presence in the top division since 1954 but has not secured a major trophy since 1995.
Fronted by Dan Friedkin and his son Ryan, the Friedkin Group boasts investments across various sectors such as automotive, entertainment, hospitality, and sports. The Friedkins amassed their wealth through the distribution of Toyotas in Texas. They take over from Farhad Moshiri, Everton's previous majority shareholder since 2016, who despite significant financial investments in players, failed to bring success to the club.
