What is the Friedkin Group as it completes takeover of Everton, owner, net worth, football clubs and sports teams owned

What is the Friedkin Group as it completes takeover of Everton, owner, net worth, football clubs and sports teams owned

Let’s find out more about the new owner of Everton, the Friedkin Group and its net worth, as the Blues have finally secured new ownership after a long wait

For the unfamiliar, on Thursday, the Toffees announced this big news as they revealed the U.S. group takes over Farhad Moshiri’s 94% majority share of the club.

The group has acquired the ownership of Moshiri’s share for £400 million. With this, now Everton has becomes the tenth Premier League club to be under American ownership with the Texas based group now owning 98.8% of the club.

What is the Friedkin Group as it completes takeover of Everton, owner, net worth, list of football clubs and sports teams owned

Meanwhile, the Friedkin Group announced on Monday that they were “pleased to have reached an agreement to become custodians of this iconic football club.” Let’s find out more about the Friedkin Group.

About Friedkin Group

As per the official site of Friedkin Group, they are a private consortium operating in the field of sports, entertainment, adventure, hospitality, and the automotive industry.

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Fronted by Dan Friedkin and his son Ryan, the Friedkins made a fortune distributing Toyotas in Texas.

 

The Group was founded in 1969 and since then has expanded into a global powerhouse, managing more than 15 businesses, including Serie A club AS Roma.

Friedkin Group has more than 11,600 employees across 12 countries and owns Gulf States Toyota Distributors, based in Houston, Texas, which handles Toyota vehicle distribution across the U.S.

Chairman & CEO of the Group

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For the curious, the Chairman and the CEO of the Group is Dan Friedkin, who has been serving the position since 1995.

The 59-year-old billionaire has previously also ventured into the film industry and had acquired Neon company, widely recognized for the Oscar-winning movie Parasite’s producer.

Furthermore, Dan Friedkin is also the co-founder of Imperative Entertainment, which is known for producing “Killers of the Flower Moon” movie.

Friedkin’s Net Worth & Group’s Worth

As of now, Dan Friedkin’s net worth is estimated to be $8.2 billion. The businessman reportedly ranked as the 384th richest person in the world. As per a report by Forbes, the Friedkin Group’s worth is £7.45 billion.

Let us remind you, the businessman’s Friedkin Group had acquired AS Roma for £465 in 2020.

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Under the leadership of Friedkin Group, Roma has achieved notable success, such as winning the inaugural UEFA Europa Conference League under the mentorship of José Mourinho.

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