Breaking news this morning as the owner of The Friedkin Group Dan Friedkin, has seemingly called it quits with his short stint as Everton owner, and is now actively seeking investment.
According to David Ornstein, TFG intend to maintain full support in the meantime after "stabilising the club" and completing the highly anticipated move to the Hill Dickinson, after taking ownership from Fahrad Moshiri back in December 2024.
This news came just weeks after current boss David Moyes exclaimed in his press conference that he has had very minimal contact with Dan Friedkin himself, "No i've had no conversations with them certainly not on investments, it's probably outside my jurisdiction".
The confirmation of Everton's owners seeking investment has caused a fierce upstir on social media, with claims that TFG came "to flip a profit" and that their only focus was on Italian powerhouse Roma and leaving the Toffees as a "side hussle".
During the transfer window, contoversy arose after the club accepted a bid for academy product Harrison Armstrong in excess of £40 million, causing the faithful fans who travelled to Bournemouth in the 1-1 draw, to create a unique chant as well as waving a banner of support for the young Englishman.
Alongside the Armstrong drama, it didn't come to a halt there, as Everton sold their 'Lukaku replacement' in Beto to Fiorentina after an underwhelming time leading the line, and didn't manage to get Florian Balogun over the line, leaving Thierno Barry without competition, and uncertainty with squad depth.
The official Everton statement describes the Owners walking into an unstable financially ridden club, facing challenges on and off the pitch.
"The immediate priority was to provide the stability, investment and support needed to secure the Club’s future, including helping to bring the long-promised stadium to completion for its deserving supporters."
Initially all was well following TFG's takeover from majority shareholder Fahrad Moshiri, who faced a lot of pressure during his latter years at the Blues, as the Americans had proven quality to steer top clubs in the right direction, and also seemed to be the better option over the controversial 777 consortium.
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