Football Business Desk
majority acquisition · England · Premier League

Everton FC

The Friedkin Group acquisition · 16 Sept 2024

Buyer
The Friedkin Group
Seller
Farhad Moshiri (via Blue Heaven Holdings Limited)
Stake acquired
98.8%
Control
Yes
Reported consideration
Undisclosed
Implied equity value
League
Premier League
Country
England
Confidence
MEDIUM
Transaction overview

The Friedkin Group acquired a 98.8% majority stake in Everton FC from Farhad Moshiri (via Blue Heaven Holdings Limited), announced 16 Sept 2024, closing 19 Dec 2024.

The purchase consideration was not disclosed. Reporting placed the club's value at ~€464m. €183m of debt was assumed or restructured.

Nearest pre-acquisition revenue was €200m (FY 2022/23).

Announced
16 Sept 2024
Closed
19 Dec 2024
Stake after transaction
98.8%
Status
completed
Valuation

Reported consideration

What the buyer reportedly paid for the stake

UNDISCLOSED

Implied 100% equity value

Calculated: consideration ÷ stake acquired

UNAVAILABLE

Reported club valuation

REPORTED

Enterprise value

Only shown when debt/cash near the transaction date is established

UNAVAILABLE

Debt assumed / restructured

REPORTED

Primary capital injection

UNAVAILABLE

Total announced investment commitment

Commitments are not purchase price and not valuation

UNAVAILABLE
Club at acquisition

Nearest pre-acquisition financial year: 2022/23

Revenue

FILED

Wages

UNAVAILABLE

EBITDA

UNAVAILABLE

Net debt

UNAVAILABLE

Net income

REPORTED
Analyst noteWhat is known, what is uncertain, and how figures were derived

The Friedkin Group's Roundhouse Capital Holdings acquired 98.8% of Everton FC from Farhad Moshiri's Blue Heaven Holdings, completing 19 December 2024 after Premier League, FA, WPLL and FCA approvals. No party disclosed an official equity purchase price; media (BBC, widely syndicated) put the overall deal 'in excess of £400m', which we record as a REPORTED reported_club_valuation, not a consideration figure — it is unclear whether this £400m+ figure is equity consideration, enterprise value, or a blended estimate, so we deliberately do not relabel it.

Sources (5)
  1. 2024-12-19 — “Confirms Roundhouse Capital Holdings Limited (an entity within The Friedkin Group) acquired a 98.8% stake in Everton from Farhad Moshiri's Blue Heaven Holdings, completed 19 December 2024, with approvals from Premier League, WPLL, FA and FCA.”

  2. 2024-12-19 — “Confirms completion details and notes Moshiri had increased his stake to 94.1% with a £100m capital injection by Jan 2022 (context on seller's prior position); does not disclose the Friedkin consideration figure.”

  3. 2024-12-19 — “Reports BBC's figure that the deal 'was worth in excess of £400 million ($506 million)'.”

  4. 2024-10-01 — “Friedkin Group paid off the £158m MSP Sports Capital loan and took over MSP's charge over Everton Stadium Co Ltd, per Companies House filings, plus ~£40m extra short-term operating funds — a Premier League precondition for approving the takeover.”

  5. 2025-03-28 — “Reports a £14.7m increase in turnover to £186.9m for FY2023/24, implying FY2022/23 turnover of £172.2m; also references the seventh consecutive loss and the Friedkin takeover context.”