Everton are unbeaten after five Premier League games and into the last 16 of the Carabao Cup. David Moyes has made a fine start with a small squad, but results haven’t put the questions about The Friedkin Group to rest.
The Financial Times reported earlier this month that TFG was working with advisers to find investors for Everton. The process was described as being at an early stage: it could lead to the sale of a significant stake, or to no deal at all. Everton and TFG declined to comment.
What would new investment mean for Everton?
Liverpool’s owners have shown one way of bringing in outside capital. Fenway Sports Group announced a minority investment from a consortium led by Amit Bhatia while retaining majority ownership and control. There’s no evidence yet that TFG intends to follow the same route.
Supporters have reason to ask what any investment would mean for the football operation. Moyes ended the transfer window with Thierno Barry as his only recognised senior centre-forward after the Folarin Balogun deal collapsed. The unbeaten run has been impressive, but it hasn’t given him another striker.
TFG have reduced debt and arranged long-term financing for the Hill Dickinson. As we’ve argued before, supporters will also want to see a clearer plan for recruitment. Moyes is getting results from the players he has; the club still owes him a squad with more cover. www.ft.com
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