Farhad Moshiri has sold his stake in Everton to the Friedkin Group, ending an eight-year tenure marked by challenges on and off the pitch. The £400m deal marks a new chapter for the Toffees, with fans expressing cautious optimism about the future.
In an open letter to supporters, Moshiri admitted mixed emotions, reflecting on both the struggles and accomplishments during his ownership. “I fully understand that in football, results on the pitch are paramount, and they haven’t been good enough,” he wrote, citing missed potential following Carlo Ancelotti’s departure for Real Madrid in 2021.
Moshiri highlighted progress, including the development of the new Bramley-Moore Dock stadium, which he called an “iconic landmark” for future generations. He also pointed to significant investments in training facilities and affordable ticket pricing during his tenure.
Fan groups acknowledged the contributions but noted the turmoil under Moshiri, including financial instability, managerial upheaval, and relegation battles. The Everton Fan Advisory Board described his era as one of “chaos, crisis, dysfunction, and mutiny” but welcomed the Friedkin Group’s arrival with “hope and optimism.”
The Friedkin Group has pledged to rebuild the club’s foundations, emphasizing transparency and engagement with fans. Evertonians await detailed plans for restoring the club’s status as a Premier League force.
