Image Source : Bloomberg News
In a significant development in the world of English football, the US-based Friedkin Group has completed its takeover of Everton Football Club. This move marks a new era for the Toffees, who have been seeking new ownership for some time. The Friedkin Group, led by billionaire Robert Friedkin, has acquired a majority stake in the club, paving the way for a new chapter in Everton’s history.
The takeover is seen as a major boost for Everton, who have been struggling to compete with the financial might of other top-flight clubs in recent years. The Friedkin Group’s investment is expected to bring much-needed financial stability to the club, allowing them to invest in new players, improve their infrastructure, and compete more effectively in the Premier League.
Robert Friedkin, the chairman of the Friedkin Group, has expressed his excitement about the prospect of owning Everton, stating that he is committed to restoring the club to its former glory. Friedkin has a proven track record of success in the sports industry, having owned the Italian football club AS Roma since 2011. His experience and expertise are expected to be invaluable in helping Everton to achieve its goals.
The takeover has been welcomed by Everton fans, who are eager to see the club return to its former glory. The Toffees have a rich history in English football, having won numerous domestic and international honors over the years. However, in recent seasons, the club has struggled to compete with the likes of Liverpool, Manchester City, and Chelsea, who have dominated the Premier League in recent years. With the Friedkin Group at the helm, Everton fans will be hoping that their club can now start to close the gap on their rivals and return to the top table of English football.