Everton could be heading towards another major ownership change. The Friedkin Group (TFG), which took control of the Premier League club in December 2024, is reportedly open to selling its majority stake if the right investor emerges.
The potential Everton sale comes less than two years after American billionaire Dan Friedkin completed his takeover. Although TFG initially focused on financial stability and the club’s new stadium, the ownership group is now exploring options that could shape Everton’s next chapter.
According to The Athletic, as reported by journalist David Ornstein, TFG is willing to consider giving up control if a suitable buyer can take the club forward.
Everton have also confirmed that their owners are exploring investment opportunities, including the possibility of selling a controlling stake. However, this does not mean a sale is guaranteed.
For supporters, the news raises an important question: could a new owner provide the investment needed to help Everton return to the upper reaches of English football?
Everton Sale: Why the Friedkin Group Is Considering Its Options
The Friedkin Group acquired Everton from Farhad Moshiri in December 2024, securing an ownership stake of 98.8 per cent.
The transaction was reportedly worth more than £400 million, although the final purchase price was never officially disclosed.
When TFG took over, Everton faced significant challenges both financially and on the pitch. The new owners therefore prioritised stabilising the club and creating a stronger foundation for future growth.
Their early objectives included improving the financial position, providing investment and completing Everton’s long-awaited new stadium.
Now, the ownership group appears ready to consider what comes next.
In a statement issued on Friday, October 9, 2026, Everton confirmed that the club was exploring several investment options, including the potential sale of a controlling stake.
The statement made clear that TFG would only consider investors it believed could manage the club effectively and build on the progress already achieved.
This suggests that the owners are not simply looking for the highest offer. Finding a suitable long-term partner remains an important part of the process.
The Friedkin Group Wants the Right Investor for Everton
Although the possibility of a sale has attracted attention, TFG has stressed that it remains committed to supporting Everton while the options are assessed.
The ownership group wants any potential investment to help the club continue developing rather than disrupt the progress made since the takeover.
Everton’s statement said: “We will only consider interest from parties we believe are the right stewards to take the club forward and build on the momentum that has been established.”
The club has appointed Moelis & Company to assist with the process.
The appointment provides support as Everton evaluates potential investment opportunities. However, no new owner has been confirmed, and there is no guarantee that discussions will lead to a completed transaction.
Several factors could influence the eventual decision:
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Financial strength: Whether a potential investor can support Everton’s long-term ambitions.
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Stadium investment: The ability to build on the progress made with the club’s new home.
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Football development: A credible plan to improve the squad and strengthen competitiveness.
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Long-term stability: A commitment to running the club sustainably.
For Everton supporters, these considerations may be just as important as the identity of any prospective buyer.
Can Everton Return to the Premier League’s Top Clubs?
Everton remain one of English football’s historic clubs, but their recent record has fallen short of the expectations associated with their history.
The Toffees have struggled to return to European competition and have gone a long time without winning a major trophy.
Their most recent major honour was the FA Cup in the 1994/95 season. That means the club has waited more than three decades for another major trophy.
The gap between Everton’s history and their recent achievements has become an important part of the debate about the club’s future.
A new investor could potentially provide additional resources for recruitment, infrastructure and long-term planning. Nevertheless, ownership changes alone do not guarantee success.
Everton would still need to make effective decisions in the transfer market, develop a competitive squad and establish consistency throughout the season.
The club’s challenge is to turn its financial and structural foundations into sustained progress on the pitch.
Everton’s Recent Form Offers Fresh Hope
Despite their difficulties in recent years, Everton have shown signs of improvement.
The club finished 13th in the Premier League last season. In the current campaign, they have made a more encouraging start and are sitting seventh in the early standings.
That progress provides a positive backdrop to the ownership discussions.
However, the club still faces pressure to demonstrate that it can compete more consistently with the Premier League’s leading sides.
Some supporters have reportedly been frustrated by transfer decisions and the level of investment in the playing squad under TFG.
Those concerns could influence how fans view the possibility of a new ownership structure. A prospective investor may need to demonstrate not only financial resources but also a convincing plan for improving the team.
At the same time, Everton’s current league position offers an opportunity to build momentum rather than start another period of uncertainty.
What Could a Potential Everton Takeover Mean for the Club?
A change in ownership could create opportunities, but it would also bring important questions about Everton’s long-term direction.
The Friedkin Group has spent its initial period in charge addressing financial concerns and supporting the stadium project. A new investor would need to decide how to build on that work.
For supporters, the main priorities are likely to include a stronger squad, sustainable finances and a realistic pathway towards competing for major honours.
Any potential buyer would also need to understand the importance of Everton’s identity and connection with its supporters.
A successful ownership transition would require more than a financial transaction. It would need a clear strategy that links investment, recruitment and on-field performance.
For now, TFG remains in control and continues to support the club while exploring its options.
Everton Sale Remains a Possibility, Not a Done Deal
The prospect of an Everton sale marks a significant development just under two years after Dan Friedkin’s takeover.
TFG has opened the door to outside investment and a potential change in control, but the group has made clear that it will only consider a suitable partner.
No completed sale has been announced. The immediate focus remains on assessing the available options and determining what would best support Everton’s future.
For supporters, the coming period could provide a clearer picture of the club’s long-term ambitions.
Whether TFG ultimately sells its stake or continues as Everton’s owner, the central challenge remains the same: turning the club’s foundations into sustained progress and bringing the Toffees closer to the level their supporters want to see.
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