Sport
Everton Considers Sale in Test of Football’s Inflated Valuations
Key Points
Sports Everton Considers Sale in Test of Football’s Inflated Valuations The Friedkin Group is considering selling a controlling interest in Everton FC less than two years after acquiring the Premier League club, in a move that will test investor appetite for increasingly costly football assets. The US group, which has retained investment bank Moelis & Company, said Everton had been stabilized financially and that the completion of the club’s new stadium meant it was appropriate to consider...
Sports
Everton Considers Sale in Test of Football’s Inflated Valuations
The Friedkin Group is considering selling a controlling interest in Everton FC less than two years after acquiring the Premier League club, in a move that will test investor appetite for increasingly costly football assets.
The US group, which has retained investment bank Moelis & Company, said Everton had been stabilized financially and that the completion of the club’s new stadium meant it was appropriate to consider its “next chapter”, in a statement Friday.