David Moyes at Everton looking at Dan Friedkin in a circular frame inset
David Moyes at Everton looking at Dan Friedkin in a circular frame inset
The Houston-based company announced in October that they are looking to sell the Toffees, less than two years after buying the L3 club.
Dan Friedkin and Co. were initially on the lookout for minor external investors to help out, but after failing to find anyone suitable, they are looking for a full sale of their stake.
TFG bought a 94.1 per cent stake in the Blues in 2024, beating off rivals like 777 Partners and Kevin Malone in the process.
While the US consortium is keen to find a fit and proper buyer, they have pledged their commitment to David Moyes so long as they are at Hill Dickinson.
But as seen in the summer window, they could look to do things cheaply moving forward, potentially even filling their own back pockets before leaving Everton.
Why the Friedkin Group may seek players' exits ahead of Everton sale
There have been several names linked with buying Everton, including Michael Dell, Amanda Staveley and former associate of Moshiri, Alisher Usmanov.
However, things have gone quiet over the last week regarding a potential sale, which makes it look more likely that TFG will be in charge heading into the January transfer window.
The American-led business could see the window as an opportunity to maximise the attractiveness of Everton to potential buyers by selling players.
Lowering the wage bill would make the Blues cheaper to run overall, while transfer sales can generate cash, which could also be used by TFG to improve existing debt.
It's estimated that Everton are in £600million worth of debt, which any new owners would have to deal with.
The Friedkins want at least £800m for the Toffees, with a suggestion that the club's equity worth doesn't even pass the £250m mark.
Selling players, lowering the wage bill and making profits would all help Everton look more attractive to suitors, but it would obviously come at the expense of Moyes and the team's success when the season is said and done.
Who TFG could cash in on at Everton
There has been a suggestion that, so long as Everton remain in the Premier League, that will be attractive enough for TFG to find a suitable buyer.
That could ring alarm bells because they may sit comfortably knowing that, while Moyes needs extra backing in January, it makes no difference to them.
In fact, putting the Scot at a disadvantage in the transfer window could even make the Blues look better for potential new owners.
It's well known that TFG tried to force a £40m sale of homegrown talent Harrison Armstrong to Nottingham Forest in the summer, and perhaps they could look to make that happen again in January, as it would provide a significant boost to the financial books.
Jarrad Branthwaite could make Everton a major profit at some point, with Manchester United still keen on the centre-back.
Mark Travers, Carlos Alcaraz and Tyler Dibling all face uncertain futures, as the trio could be at risk of being chopped off the wage bill in January to potentially provide further funds for TFG.