Everton’s managerial structure remains unchanged, despite the club’s recent shift in ownership to The Friedkin Group. The American consortium, now in control through Roundhouse Capital Holdings Limited, has successfully acquired Farhad Moshiri’s significant 94.1% share in the club.
While the exact financial terms of the deal have not been disclosed, it has been confirmed that the club’s existing financial obligations have been restructured as long-term liabilities. The Friedkin Group, headed by Dan Friedkin, who also owns Roma, will continue to back Sean Dyche as Everton’s manager, ensuring that the club’s focus remains on avoiding relegation and making a successful transition to their upcoming Bramley Moore Dock stadium.
Alongside Dyche, Director of Football Kevin Thelwell will remain in his role. Thelwell has worked closely with Dyche to reduce the club’s spending on transfers and wages, both of which were necessary to address Everton’s financial issues. The immediate goal for the club remains survival in the Premier League, with the team currently sitting in 16th place, just three points above the relegation zone.
Dan Friedkin will take over as the Chairman of the Board, while Marc Watts has been appointed Executive Chairman, overseeing the club’s day-to-day operations. Other key board members will include Ana Dunkel, TFG’s Chief Financial Officer, and Colin Chong, the club’s interim CEO. Additional appointments are expected in the coming weeks to support the new management structure.
TFG representatives will be present at Goodison Park for Everton’s next match against Chelsea, where further developments are expected.
Watts has made it clear that restoring stability to the club is one of the Friedkin Group’s top priorities after a turbulent period last season, including points deductions related to financial regulations. He remarked: “Today is a significant moment for The Friedkin Group as we assume stewardship of this iconic football club. We are fully committed to leading Everton into a promising new era, both on and off the pitch. Ensuring the club’s financial stability has been our first priority, and we’re thrilled to have achieved this.”
He also acknowledged the long-term nature of the project, adding: “Revitalizing Everton’s position in the Premier League will take time, but this is the first step towards that goal.”
Former shareholder Farhad Moshiri reflected on his time with the club and the successful transition, stating: “I believe the agreement with The Friedkin Group represents the best possible future for Everton and its supporters. A lot has been achieved during my tenure, including stabilizing the finances, enhancing the club’s sporting infrastructure, and progressing with the construction of a new stadium.”
“I am confident that under new ownership, the future of Everton is bright, and the fans will soon see the success they truly deserve,” Moshiri concluded.
