Everton FC is in dire financial straits. Now an investor who already has his fingers in the pie at Roma in Italy is set to help
Even the deduction of eight points did not ultimately bring Everton FC to its knees. The “Toffees” finished in 15th place in the table with 40 points and ultimately kept their place in the league. Instead, the three promoted teams Luton Town, Burnley FC and Sheffield United were relegated straight away.
However, this does not change the financial problems of the Premier League club from Liverpool. According to consistent media reports, the investor of Italian club AS Roma is now seeking to acquire Everton. Several media outlets, including The Athletic and Sky Sports, reported on a corresponding agreement with the Friedkin Group on Friday evening. According to these reports, the US investor has the financial capacity to buy Everton’s current owner Farhad Moshiri’s shares; the Iranian-British billionaire owns 94 percent. Everton have not yet commented on the reports.
At the beginning of June, the American investment company 777 Partners had Everton on the hook, but the deal fell through. The company, for its part, is said to be in difficulties, with the Belgian club Standard Liège – another partner – recently causing a stir due to the lack of salary payments and unpaid or late payment of invoices. 777 Partners is also a household name in Germany, as the investment company has owned 78.8% of Hertha BSC’s KG shares since March 2023
Dan Friedkin is worth billions
Everton has now apparently found another source of much-needed fresh money. The loss of points was due to breaches of profitability and sustainability rules. According to media reports, coach Sean Dyche’s team could even face insolvency without a capital injection.
According to the AP news agency, the chairman of the Friedkin Group, Dan Friedkin, has an estimated net worth of 4.81 billion euros. He bought AS Roma four years ago for 552 million euros.