Friedkin was suddenly mentioned as a potential buyer last month. Together with some business friends, he amassed a fortune in the automotive and film industries.
They were in talks to take over the club after the intended new owners from the 777 Group recently had to withdraw. The current owner of the Liverpool club, Farhad Moshiri, is eager to sell the club.
Despite the withdrawal from the takeover bid, Friedkin and his friends still maintain a good relationship with Moshiri and his associates. It is with borrowed capital from the Friedkin Group that Everton was able to finance the new stadium. Those wishing to visit the old Goodison Park should hurry, as the move to a new location right on the Mersey is scheduled for the summer of 2025.
Friedkin's potential involvement in Everton created a buzz due to his successful track record and significant financial resources. As the owner of AS Roma, Friedkin has demonstrated a commitment to building competitive teams and investing in infrastructure, which raised hopes among Everton fans for a similar transformation at their club.
The withdrawal of the 777 Group, which was initially set to take over Everton, left the club in a state of uncertainty. Farhad Moshiri, who has been seeking a buyer to help stabilize the club's finances and support its ambitions, saw Friedkin as a promising alternative. However, the negotiations did not come to fruition, leaving Everton still in search of a new owner.
Everton's new stadium project is a critical aspect of the club's future plans. The move from Goodison Park to the new waterfront location on the Mersey is a significant step aimed at modernizing the club's facilities and increasing its commercial revenue. The financial backing from the Friedkin Group played a crucial role in securing the necessary funds for this ambitious project.
Fans and stakeholders are now looking forward to the completion of the new stadium, which promises to provide a state-of-the-art home for Everton. The move is expected to enhance the matchday experience for supporters and provide a boost to the local economy.
In the meantime, Everton continues to navigate the challenges of the Premier League season, with the club's management focusing on both on-field performance and off-field stability. The search for a new owner remains a priority, as securing long-term investment is essential for the club's growth and competitiveness in the future.