Everton’s ownership saga has finally concluded, with the confirmation that Farhad Moshiri has sold the club to American company, The Friedkin Group.
The Friedkin Group took over Everton officially on Thursday, acquiring Moshiri’s 94.1% shares in the Merseyside club and ending months of uncertainty.
Following the news Moshiri issued a heartwarming statement saying that the takeover was the “best outcome for the club”, which left Everton fans with mixed feelings about Moshiri after longing for the moment that he left for so long.
The Friedkin Group have made several key hires at boardroom level in the mere hours they’ve owned Everton, leaving fans impressed with their efficiency.
One piece of information that the fans, and manager Sean Dyche, will be keen to know is the level of financial backing that can be expected from the new owners. Without any official statement, a look at how The Friedkin Group’s net worth compares to other Premier League owners can offer some hints.
Dan Friedkin Ryan Friedkin during the Pre-Season Friendly 2022/2023 match between AS Roma vs Shakhtar Donetsk at the Olimpic Stadium in Rome on ...
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The Friedkin Group’s net worth vs Premier League owners
According to Forbes, Dan Friedkin, chairman of The Friedkin Group, has a net worth of $7.7bn (£6.12bn), making him the 374th richest man in the world today. However, Friedkin has just entered a league full of rich owners, some of which make his wealth look like pocket change.
Club Owner Reported Net Worth
Saudi Arabia PIF – Newcastle United £489bn
The Glazer Family/INEOS – Manchester United £22bn
Abu Dhabi United Group – Manchester City £17.2bn
Stan Kroenke- Arsenal £13.8bn
Todd Boehly/Clearlake – Chelsea £12.5bn
Gamechanger 20 – Ipswich Town £10.8bn
Dan Kretinsky/David Sullivan – West Ham United £10.4bn
Wes Edens/Nassef Sawiris – Aston Villa £9.4bn
Shahid Khan – Fulham £9.3bn
Fenway Sports Group – Liverpool £5.5bn
Fosun International – Wolverhampton Wanderers £5.4bn
Joe Lewis/Daniel Levy – Tottenham Hotspur £4.6bn
John Textor – Crystal Palace £4.3bn
The Srivaddhanaprabha Family – Leicester City £3.5bn
Evangelos Marinakis – Nottingham Forest £2.5bn
William P. Foley – Bournemouth £1.3bn
Tony Bloom – Brighton and Hove Albion £1bn
Sport Republic/Dragan Solak – Southampton £1bn
Matthew Benham – Brentford £220m
When compared with the rest of the Premier League owners, The Friedkin Group would sit just above rivals Liverpool in terms of net worth, but with a large gap to Shahid Khan of Fulham.
Whilst the new owners can look to improve the Everton squad with their financial muscle, they must be careful not to fall into the same traps that Moshiri did.
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The Friedkin Group will be cautious with their riches
More positive news came for Toffees fans today as Everton’s new stadium completed testing ahead of next season’s handover.
The new stadium will likely have been a key attraction for The Friedkin Group, who should use it as an example of the sort of positive investment they can make if they are smart.
Everton’s purchase of Jake O’Brien was their biggest of the summer at £19 million, a cautious fee that the new owners will likely look to replicate in their early stages.
Ahead of the January window, Everton have been linked with Evan Ferguson on loan which again signals the financial and PSR situation that the club finds itself in. The Friedkin Group will want to boost the Everton squad in January, but will likely do it with a safety-first mentality.
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