everton.news

Everton land multi-million fresh investment as official documents submitted to Companies House

Everton fans have just been treated to one of the most exciting summer transfer windows in recent years.

The window is now shut and David Moyes can enjoy the international break with his side having taken six points from the opening three games.

With a spot secured in the next round of the Carabao Cup, things are looking positive at Everton.

Moyes is delighted with Everton’s transfer business, having seen some top-quality players like Jack Grealish come through the doors on Merseyside.

The signing of the 29-year-old marks a real step forward for the Toffees under the new owners, The Friedkin Group.

Since taking over the club back in December, Everton’s fortunes have been transformed, with a bright future on offer under the Americans.

And there has now been another exciting development behind the scenes.

Wolverhampton Wanderers v Everton - Premier League

Photo by Dan Istitene/Getty Images

The Friedkin Group inject fresh £46m into Everton

A considerable amount of money was spent this summer by the Friedkins in what was their first summer on Merseyside.

MORE EVERTON STORIES

This was all made possible after Everton’s PSR issues were resolved by the Friedkins, with fresh revenue streams opening more doors for the club in the window.

On Thursday, it was revealed that a further £46m worth of shares had been sold to Roundhouse Capital.

A further 262,863 new shares at £175 per share were purchased by Roundhouse, with the documents submitted to Companies House.

Roundhouse now hold 1,884,650 shares in the club, having invested another significant sum of money into Everton.

The Friedkins have secured a lucrative naming rights deal for the new state-of-the-art stadium on the docks, which has boosted the club’s PSR headroom.

However, it has to be said that they have also not been shy of putting their hands in their own pockets since landing at the club.

This fresh £46m indicates just that.

Fresh investment promises brighter Everton future

The Friedkins have big plans for the club on the back of their first summer transfer window as the Everton owners.

Moyes came out of the market knowing not every issue had been resolved at Everton, but some solid work had been done.

Everton are still short in some areas, but the 62-year-old was delighted to land players of Grealish’s quality.

This marks a major step forward in the club’s trajectory through attracting players’ of the 29-year-old’s ilk.

Seeing further investment put into the club can only provide optimism for things to come in the future.

After all, Moyes is targeting an ambitious European finish with Everton.

Read full news in source page