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US-Based Friedkin Group Finalizes Everton Takeover, Pledges New Era for Premier League Club

In a landmark move, the US-based Friedkin Group has finalized its acquisition of Everton Football Club, as announced on Thursday. This development makes Everton the latest addition to the growing roster of English Premier League (EPL) clubs under American majority ownership.

The transaction, executed through Roundhouse Capital Holdings Limited—a Friedkin Group entity—hands the Houston-based conglomerate a commanding 98.8% stake in the storied Liverpool club. Everton now joins a league cohort of ten top-flight teams with significant American investment, underscoring the increasing transatlantic interest in English football.

Marc Watts, the incoming executive chairman and representative of The Friedkin Group, expressed his enthusiasm in a heartfelt statement marking the beginning of their stewardship.

“Today is a momentous and proud occasion for The Friedkin Group as we become custodians of this iconic football club,” Watts said. “We are committed to leading Everton into an exciting new era, both on and off the pitch. Providing immediate financial stability to the club has been a key priority, and we are delighted to have achieved this.”

Watts emphasized the group’s long-term vision for revitalizing Everton’s fortunes, hinting at the challenges ahead while reassuring fans of a focused and gradual approach. “While restoring Everton to its rightful place in the Premier League table will take time, today is the first step in that journey,” he added.

This acquisition comes during a turbulent period for Everton, who have struggled both financially and in terms of league performance in recent seasons. With a rich history that includes nine top-flight championships and five FA Cup victories, the club has long been regarded as a cornerstone of English football. However, recent years have seen them grappling with relegation battles and financial scrutiny.

Under the new ownership, immediate efforts are expected to focus on stabilizing the club’s finances while building a foundation for sustained success. The Friedkin Group, known for its diverse portfolio spanning automotive, entertainment, and sports investments, has extensive experience managing high-profile ventures, which it aims to leverage in elevating Everton’s stature.

The Premier League welcomed the completion of the takeover, signaling confidence in the Friedkin Group’s ability to manage the club in line with league standards and expectations. Everton supporters, known for their unwavering loyalty, will now look to the new owners to deliver on their promise of a brighter future.

As the Friedkin Group takes the reins, fans and pundits alike will be watching closely to see how this new era unfolds for one of England’s most beloved football institutions.

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