Texas Capital Group Takes Over Everton Completely, Premier League Now Has 10 American Owners
British media reported that on December 19, the investment group “The Friedkin Group” from the United States completely took over Everton Club in the English Premier League after purchasing a 99.5 percent stake, worth over 400 million pounds (17.6 billion baht). Ending Farhad Moshiri, a British-Iranian businessman,’s majority shareholding in the club.
The Friedkin Group agreed to buy Moshiri’s stake on September 23. But had to wait for formal qualifications and approvals from the Premier League. Which eventually approved the deal, making the Toffees the 10th Premier League club to be owned by an American conglomerate.
The Fridkin Group is based in Texas. USA and is chaired by Dan Friedkin, who is worth £6.16 billion (271.04 billion baht) according to Forbes. Fridkin also owns Serie A side Roma.
Friedkin said in an open letter: “We are very proud to welcome one of England’s most historic football clubs into the Friedkin Group family. Everton represents a proud history and we are honoured to be taking care of such a great club. Although we are new to the club, we know the role Everton plays in the local culture, history and life of Evertonians here and across the โปรโมชั่น ufabet world. We are committed to continuing the club’s rich heritage and making a positive impact on the community, businesses and people of this great city.
Moshiri bought a 49.9 per cent stake in Everton in 2016. Increasing his stake to 94.1 per cent in 2022. However, the team’s recent form has been disappointing. Although they have not been relegated from the top flight since the 1953-54 season. They have been in the relegation zone for the last three seasons.