Everton’s ownership situation is drawing fresh attention as questions grow about Texas billionaire Dan Friedkin’s involvement with the Premier League club and whether another major ownership change could eventually be on the horizon.
Friedkin, who leads Houston-based The Friedkin Group (TFG), completed his takeover of Everton in December 2024. However, nearly two years later, his relationship with the club’s football leadership appears unusually distant.
Everton manager David Moyes recently revealed that he has never met or spoken directly with Friedkin since returning to the club in January 2025. That revelation has grown more significant as speculation builds that TFG could seek outside investment or consider selling Everton altogether.
David Moyes Has Limited Contact With Friedkin
Moyes has made it clear that his primary communication does not run directly through Everton’s billionaire owner.
Instead, CEO Angus Kinnear serves as his main point of contact. Rishi Majithia, Friedkin’s son-in-law and TFG’s owner representative, also plays a key role in the club’s day-to-day management.
The arrangement suggests Friedkin has adopted a relatively hands-off approach at Everton, particularly compared with his involvement elsewhere.
TFG also holds majority ownership positions in Italian club AS Roma and French side AS Cannes. Friedkin has been seen around those clubs, while his physical presence at Everton has been considerably less visible.
For supporters, that distance could raise questions at a sensitive time for the club.
Everton Ownership Faces New Questions
The bigger issue surrounding Everton is no longer how often Friedkin communicates with Moyes.
Reports indicate TFG is exploring bringing strategic investors into the club. Such an arrangement could involve selling a minority stake, although the possibility of a larger ownership transaction has also entered the conversation.
Outside investment could provide additional capital as Everton attempts to strengthen its long-term position in the Premier League.
However, former Everton chief executive Keith Wyness believes a complete sale should not be ruled out. He has suggested a transaction could potentially take place within the next 18 months.
That possibility would represent another major chapter in Everton’s recent ownership history.
TFG Helped Stabilize Everton
Despite the uncertainty, TFG inherited a club facing considerable financial and operational challenges.
The Friedkin Group acquired Everton in late 2024 in a deal reportedly worth roughly $445 million. Since then, the ownership group has helped stabilize the club’s financial position while overseeing its transition into a new era.
That progress could ultimately make Everton considerably more attractive to potential investors.
However, football results and squad development remain crucial. Supporters have expressed frustration after a difficult summer transfer period that saw key players leave, while questions remain about whether their replacements can sufficiently strengthen the team.
In the Premier League, financial stability matters, but supporters ultimately judge ownership through ambition and performance on the pitch.
New Stadium Could Boost Everton’s Value
One of Everton’s most valuable assets is the newly completed Hill Dickinson Stadium at Bramley-Moore Dock.
With a capacity approaching 53,000, the venue gives Everton significant opportunities to increase matchday revenue, corporate hospitality income, sponsorship opportunities and commercial partnerships.
A modern stadium can also dramatically improve a Premier League club’s attractiveness to prospective investors.
Everton already possesses advantages that are difficult to recreate. The club has a historic identity, a large and passionate supporter base and membership in the world’s most commercially powerful domestic football competition.
Those factors could push Everton’s valuation well above what TFG originally paid.
Estimates have placed Everton’s standalone team value at approximately $930 million. With the new stadium now part of the club’s broader commercial picture, a future transaction exceeding $1 billion would not be difficult to imagine if serious buyers emerged.
What Would an Everton Sale Mean?
For now, there is no certainty that Friedkin intends to exit Everton completely.
Seeking a strategic investor does not necessarily mean an owner plans to sell the entire club. A minority investment could instead provide additional resources while allowing TFG to retain control.
Still, the combination of investment discussions, Everton’s rising asset value and Friedkin’s limited direct involvement has made the ownership situation worth watching.
Moyes, meanwhile, remains focused on managing the football operation through the executives who represent ownership.
Everton supporters will likely care less about how often Friedkin speaks directly with the manager if the club delivers stability, smart recruitment and competitive results.
However, if TFG eventually decides Everton has reached the right point for a lucrative sale, the club could soon enter another ownership transition—this time with a billion-dollar stadium and a potentially much higher price tag.