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Alan Myers issues update on Bill Kenwright's shares amid new Everton takeover development

Everton badge, Bill Kenwright

Ex-Everton chairman Bill Kenwright died in 2023.

Pranav Shahaney

Fri 13 December 2024 17:10, UK

The Friedkin Group will not be buying the shares Bill Kenwright owned as they look set to complete the Everton takeover, according to Alan Myers.

The Sky Sports news editor reported on 13 December that the American group have secured approval from the Premier League to be the new owners of the Toffees.

However, the now-deceased Kenwright’s shares, presumably held by his estate [The Esk], are not part of the takeover deal.

Myers wrote: “TFG are not buying BK’s shares.”

The Friedkin Group will soon begin a new era at Everton

It seems that Kenwright’s estate is keen on being part of the club in some way and will remain as minority owners.

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That should not really stop The Friedkin Group from running things their way as they will be buying Farhad Moshiri’s 94.1 per cent stake.

The green signal has also come at an opportune time ahead of the transfer window as it will give them time to see what’s suitable and who’s available in the winter.

There’s also the small matter of dealing with Sean Dyche’s situation, although it does seem likely that he will be given time under the new ownership.

A managerial change when there’s already so much upheaval behind the scenes may not be an ideal scenario and the Americans will want to avoid it.

Hopefully, they can quickly get the fans onside and make decisions that safeguard the immediate and long-term future of the club.

In other Everton news, The Friedkin Group are seriously considering bringing in a controversial figure to the club as part of their backroom restructuring.

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