Everton have new owners and the wealth of chairman Dan Friedkin surpasses that of Liverpool owner John W Henry. An initial agreement between Everton and The Friedkin Group was reached in June but fell through a month later. However, the deal was revived and finalised in September. This isn't Friedkin's first venture into football, having been owner and president of Roma since 2020.
The Premier League approved the takeover on Thursday, which had already been given the green light by the FA, Women's Professional Leagues Limited and Financial Conduct Authority. This marks the end of Farhad Moshiri's eight-year tenure, with Friedkin set to take over as chairman of the board. According to Forbes, Friedkin boasts a net worth of £6.25bn ($7.9bn). The 59-year-old became CEO of Gulf States Toyota and TFG when his father, Thomas, retired in 2000. In 2023, Gulf States Toyota sold cars worth £8.6bn, holding exclusive rights to sell Toyotas in Texas, Arkansas, Louisiana, Mississippi, and Oklahoma. The American businessman became chairman of Auberge Resorts Collection in 2013, a company boasting a collection of luxury resorts and hotels across the US, Mexico, Costa Rica, Europe, the Caribbean, and Fiji. In 2017, Friedkin co-founded film production company 30West and later co-founded Imperative Entertainment. Friedkin's wealth is estimated to be around £1.5bn more than his Liverpool counterpart. Henry made his fortune in trading before venturing into the world of sports, owning teams such as the Boston Red Sox and Pittsburgh Penguins. Following TFG's takeover of the Blues, immediate changes have been implemented at boardroom leve