The Friedkin Group has opened the door to selling its controlling stake in Everton while reinforcing its long-term investment in AS Roma, marking a strategic shift that places the Italian club at the centre of the Texan ownership's football portfolio. The group stated: "The Friedkin Group is evaluating new investment options for Everton Football Club, including the potential sale of a controlling stake." The move reflects no immediate urgency to divest but signals a willingness to explore offers from buyers deemed capable of "taking the club forward and consolidating the momentum that has been created" while continuing to support it in the interim.
The valuation of Everton, according to Il Messaggero, could reach approximately £800 million including debt. Estimates of the group's initial outlay differ: Il Messaggero indicates around £400 million for the acquisition of 94.1% of shares from Farhad Moshiri, while Il Tempo quantifies total investment at approximately £600 million. An exit at that valuation would represent a favourable outcome economically. Crucially, the article identifies UEFA multi-ownership rules governing simultaneous European participation as a factor in the group's thinking—having two clubs from the same ownership in UEFA competitions requires strict compliance with regulations on multiple club ownership, though this is not identified as the sole driver of a potential sale.
Roma presents the inverse picture. Since arriving in the capital, the Friedkin Group has committed over €1 billion in investments and tied a central component of its project to building a new stadium at Pietralata, an undertaking estimated to cost around €1.3 billion overall. Everton's 2024-25 accounts showed revenues of £196.7 million and losses reduced to £8.6 million. The group is also reportedly working on establishing a new NHL franchise in Texas in the Houston-Austin area for approximately $3.5 billion, according to La Gazzetta dello Sport, further demonstrating its appetite for major sports portfolio expansion.
The article emphasizes that any Everton sale proceeds would not automatically flow to Roma, as these represent separate holding-level assets and investments. The strategic signal, however, is unambiguous: while the Friedkin Group evaluates an exit from Everton after stabilizing the club, Roma remains in an active growth and construction phase, with the Pietralata stadium project serving as the ultimate test of Roma's centrality to the ownership's vision.
Testo Originale / Source Text
“Un passo indietro dall’Everton, mentre sulla Roma gli impegni diventano sempre più pesanti. Le mosse del Friedkin Group ridisegnano la geografia sportiva della famiglia texana: la proprietà ha aperto formalmente alla possibilità di cedere il controllo del club inglese e, secondo la ricostruzione…”
Read the full article in Italian at GialloRossi.net.