Texas billionaire Dan Friedkin and The Friedkin Group (TFG) seem to be intently
focused on spinning multiple business deals involving sports franchises across two continents, whether to buy or sell.
Negotiations are currently underway between TFG, a prominent player in global sports investment that manages its multi-club portfolio through its Houston-based division, Pursuit Sports, and representatives from Houston and Austin. The group is awaiting agreement on terms and the approval of the NHL Board of Governors to establish a team in either city by the end of 2026.
But now Friedkin has another move in play, potentially selling a minority stake in Everton Football Club in the English Premier League. According to The Athletic, the idea is to find strategic investors who can help push the club forward.
However, a former Everton top executive believes that a full sale of the club is on the table, given the recent struggles to appease supporters and a catastrophic summer transfer window in which multiple top players left while the club acquired undesirable players in return.
#club #everton #multiple
focused on spinning multiple business deals involving sports franchises across two continents, whether to buy or sell.
Negotiations are currently underway between TFG, a prominent player in global sports investment that manages its multi-club portfolio through its Houston-based division, Pursuit Sports, and representatives from Houston and Austin. The group is awaiting agreement on terms and the approval of the NHL Board of Governors to establish a team in either city by the end of 2026.
But now Friedkin has another move in play, potentially selling a minority stake in Everton Football Club in the English Premier League. According to The Athletic, the idea is to find strategic investors who can help push the club forward.
However, a former Everton top executive believes that a full sale of the club is on the table, given the recent struggles to appease supporters and a catastrophic summer transfer window in which multiple top players left while the club acquired undesirable players in return.
#club #everton #multiple
2 months ago
