An asking price of around £800m has reportedly been mooted for Everton as The Friedkin Group considers selling its controlling interest in the club.
TFG confirmed on Friday that it is exploring new investment options less than two years after completing its takeover from Farhad Moshiri.
Now, further details have emerged over what it could take to buy the club.
According to Paul Joyce of The Times, a figure of approximately £800m has been discussed, although that valuation includes debts of around £380m. Investment bank Moelis & Company has been appointed to oversee the process.
Everton’s £800m figure needs some context
The headline number is eye-catching, but the debt included in the valuation is important. An £800m enterprise value with approximately £380m of debt attached is very different from TFG simply pocketing £800m for its stake.
It does, however, underline how much Everton’s position has changed since the uncertainty surrounding the final years of Moshiri’s ownership. The finances have been stabilised, debts refinanced and, crucially, Everton are now playing at Hill Dickinson Stadium rather than waiting for their new home to be completed.
TFG therefore have a considerably different asset on their hands from the one they acquired in December 2024. Whether somebody is prepared to meet a valuation approaching £1billion is another matter.
For Everton supporters, the identity and ambitions of any potential buyer will ultimately matter far more than the number attached to the club.
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