Earlier today, it emerged that the Friedkin Group has completed their takeover of Everton – but how does their wealth compare to other Premier League owners?
Everton confirmed the news on Thursday morning with a statement posted to the club’s website and official social media channels.
The club have been bought by an entity within the Friedkin Group named Roundhouse Capital Holdings.
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The group will inherit Farhad Moshiri’s 94% stake in the Merseyside club, which could increase to 99.5% through “debt-to-equity conversions”, according to BBC Sport.
The departing British-Iranian business explained how he felt the sale was the “best outcome” for the club in a statement posted to Everton’s official website.
“Despite a challenging geopolitical backdrop, a significant amount has been achieved over the last couple of years, including the delivery of a new sporting department, the stabilisation of our finances and the delivery of our iconic new stadium,” said Moshiri.
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Although most Everton fans will be relieved to see the back of Moshiri, they have more questions than answers currently.
Will Everton sign players in January? Will the new owners back Sean Dyche? How will they endear themselves to the fanbase?
At this moment in time, it is a case of ‘wait and see’ for the Goodison Park faithful, but what we do know is that the group headed up by American businessman Dan Friedkin, 59, certainly have huge funds at their disposal.
Friedkin bought Serie A side Roma in 2020 and oversaw their Conference League win during Jose Mourinho’s tenure in the Italian capital back in May 2022.
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Of course, this is a positive day for the Premier League club, but how does the Friedkin Group’s wealth compare to that of Newcastle United, Manchester City and arch-rivals Liverpool’s owners?
Well, Friedkin is worth $7.7B (£6.16b) according to Forbes, which puts him tenth in the list of the richest Premier League owners.
Full list of richest Premier League owners
1) Newcastle United - £478billion
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2) Manchester United - £19.2billion
3) Aston Villa - £13.8billion
4) Manchester City - £12.9billion
5) Chelsea - £12.21billion
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6) Ipswich Town - £10.8 billion
7) Arsenal - £9.97billion
8) West Ham United - £7.96billion
9) Liverpool - £7.57billion
10) Everton - £6.16billion
11) Fulham - £6.1billion
12) Wolves - £5.33billion
13) Tottenham Hotspur - £4.48billion
14) Crystal Palace - £4.25billion
15) Nottingham Forest - £2.9billion
16) Leicester City - £2.7billion
17) Bournemouth - £1.24billion
18) Brighton - £1billion
19) Southampton - £1billion
20) Brentford - £216.3million
(List ranked via GiveMeSport.)
Topics: Everton, Premier League, Football