The Friedkin Group are reportedly exploring the possibility of bringing new investors into Everton, less than two years after completing their takeover of the club.
The Financial Times reports that the American ownership group is working with advisers on a potential stake sale process.
According to three people familiar with the matter, the process is still at an early stage and could result in new investors acquiring a significant stake in Everton.
Neither The Friedkin Group nor Everton have commented on the report.
News: Everton FC owners look for investors after football’s summer deal rush – https://t.co/tRvdDAOw1l via @FT
— Samuel Agini (@SamuelAgini) September 3, 2026
Why are the Friedkins looking for investors?
The FT places the development within the wider financial landscape of the Premier League, where spending and club valuations have continued to rise dramatically.
Premier League clubs spent a record €4.1bn on players during this summer’s transfer window, while clubs collectively recouped around €2.5bn through player sales.
The report describes the situation as an “arms race”, with increasing financial firepower entering the league.
Everton, by comparison, spent just under €103m on players while generating approximately €129m from sales.
That disparity will inevitably be noted by supporters following a transfer window which ended with Everton losing several important players and failing to address some obvious gaps in David Moyes’ squad.
A significant development after the 2024 takeover
The Friedkin Group completed its takeover of Everton in December 2024, having paid around £331m when the acquisition price, debt repayment and other costs are taken into account.
Since taking control, the Friedkins have put further money into the club, helped reduce Everton’s debt and agreed a new long-term financing arrangement for the Hill Dickinson Stadium with JPMorgan.
The club’s financial position has also improved.
Everton’s net loss fell from £53.2m to £8.6m for the 2024/25 financial year, while revenue increased from £186.9m to £196.7m.
But the latest report suggests that the ownership structure could now evolve again.
It’s not necessarily a sale
It is important to stress exactly what the FT is reporting.
This is not a report that The Friedkin Group have decided to sell Everton.
Instead, they are reportedly working with advisers to explore bringing new investors into the club, with the possibility that those investors could acquire a significant stake.
That could mean The Friedkin Group remain the controlling owners while bringing additional capital into Everton.
The FT notes that increasingly high club valuations and the cost of competing in the Premier League have made consortium ownership more common.
There is already a major recent example of this at Liverpool, where Fenway Sports Group reportedly sold more than a third of the club to a consortium at a valuation of around $7bn.
The timing will raise eyebrows
Whatever ultimately happens, the timing of the report will inevitably attract attention from Everton supporters.
The news comes immediately after one of the most turbulent transfer windows in the club’s recent history.
Everton sold or allowed several players to leave, including Iliman Ndiaye, Beto and Tim Iroegbunam, while Nathan Patterson also departed and Adam Aznou moved on loan.
The club then endured a chaotic deadline day, with the proposed signing of Folarin Balogun collapsing at the eleventh hour.
That has left Moyes with a remarkably small squad and supporters questioning the ambition and decision-making behind the scenes.
The 1878s have subsequently announced that they will continue to stand down from producing their usual pre-match displays, describing themselves as “utterly disappointed and disgusted” with how the transfer window unfolded.
Against that backdrop, a report that The Friedkin Group are seeking new investment in the club will inevitably lead to further questions.
What happens now?
For the moment, there is nothing to suggest that a change of control at Everton is imminent.
The process is reportedly in its early stages and may ultimately lead nowhere.
But the fact that The Friedkin Group are understood to be exploring the possibility of selling a significant stake in Everton less than two years after acquiring the club is undoubtedly a significant development.
For supporters who have spent the last few days questioning the direction of the club following the transfer window, it is another major piece of news surrounding Everton’s ownership.
The next question is who might be interested in investing – and what it would mean for The Friedkin Group’s long-term plans for Everton.
This article is based on reporting by the Financial Times. The FT reports that The Friedkin Group is working with advisers on a potential Everton stake sale process. The process is at an early stage and may not result in a deal.