The news that all Everton fans have been waiting for has finally been announced with The Friedkin Group now the new owners.
It is now time for The Friedkin Group to get to work on Merseyside with Everton far from where they would like to be as a club.
Sean Dyche’s side are slumped down at the foot end of the table following a turbulent start to the campaign.
There has already been change at Goodison Park as Marc Watts has been appointed as an Everton board member by the new owners.
But there is even more significant changes set to take place behind-the-scenes following their arrival on Merseyside.
AS Roma President Dan Friedkin and Ryan Friedkin sit in the stands during the Serie A TIM match between AS Roma and Hellas Verona FC - Serie A TIM...
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The Friedkin Group set to increase their Everton stake
There has already been questions raised about an increase in Everton share value purchased from Moshiri ahead of the takeover even being announced.
According to Kieran Maguire, The Friedkin Group are already looking to increase their stake in the club just hours after taking over.
‘I understand that TFG will be injecting further equity into Everton shortly that will take their investment from 98.8% to 99.5%,’ he said on X’
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‘Also expect to see consolidation of any third party borrowings as they get their ducks in a row.’
Dan Friedkin addressed the Everton fans in a statement shortly after the news was announced on Thursday morning.
This will now leave the Friedkins with a near full ownership of Everton with even more of their money being placed into the club.
Everton have January transfer budget set
With no time to celebrate the takeover, The Friedkin Group are backing Kevin Thelwell to lead the club forward despite recent speculation.
The new owners will be wanting to provide the club with stability going forward after a number of years battling at the wrong end of the table.
Everton still face PSR concerns, but the Friekdins have set their January transfer budget accordingly to help bolster their squad.
But the latest investment into the club has to be a promising sign for all involved with the new era getting off to an exciting start.
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