The American group completed its acquisition of Everton in December 2024 in a deal understood to be worth more than £400 million. Its latest statement signals that it is considering a new phase in its involvement with the club.
“When TFG became custodians of Everton, the club faced significant financial uncertainty and challenges both on and off the pitch,” the group said.
It added that its immediate priority had been to provide stability and investment, while helping to complete the club’s long-awaited new stadium.
“With that foundation now safely in place, the time is right to consider the next chapter for Everton,” the statement continued.
TFG said it would only entertain interest from parties it believed could act as the right custodians and build on the progress made during its ownership. The group also stressed that it would continue supporting Everton while the process was under way.
The potential sale comes after a period in which the owners have sought to stabilise the club financially and oversee its move to Hill Dickinson Stadium. However, their leadership has faced scrutiny from supporters, particularly following a controversial summer transfer window.
Fans reacted angrily when Everton accepted a reported £40 million offer from Nottingham Forest for England Under-19 midfielder Harrison Armstrong. The club eventually withdrew from the proposed deal, but further frustration followed the departure of striker Beto to Fiorentina.
That sale left Everton with French forward Thierno Barry, 23, as their only recognised senior striker, raising questions about the squad’s attacking options.
Manager David Moyes has also spoken about the limited contact he has had with chairman Dan Friedkin since returning to the club in January 2025. Friedkin is based in Houston and leaves much of Everton’s day-to-day operation to his son-in-law, Rishi Majithia, working alongside chief executive Angus Kinnear.
When TFG took control, it outlined an ambition to build a sustainable and successful club. The group’s latest statement presents the search for potential investment as a way to consider Everton’s next stage rather than an announcement that a sale has been completed.
Any change in ownership would therefore depend on finding a suitable party and agreeing terms. TFG has made clear that it does not intend to transfer control to just any prospective buyer.
The development leaves Everton facing fresh questions about the club’s long-term direction, despite the progress made in addressing its financial uncertainty and completing the move to a new home.
TFG and Everton have said they will not comment further while the process continues. For supporters, the immediate issue is whether any new investment or ownership arrangement will provide the resources and stability needed to strengthen the squad and deliver sustained progress on the pitch.