‘Everton to match Man City as new arrival heads in’ – statement sends fans wild
Everton owners The Friedkin Group (TFG) has overseen plenty of changes since taking over at Goodison Park in December.
TFG acquired a 99.5 per cent stake in the club, bringing to an end Farhad Moshiri’s eight-year spell on Merseyside.
The Texas-based company, which is spearheaded by Dan Friedkin, also owns Gulf States Toyota, Serie A giants Roma and other entertainment and hospitality businesses.
David Moyes has guided Everton to Premier League safety since returning as manager earlier this year, while it has been confirmed several changes are set to take place to the executive team this summer.
Angus Kinnear, who has spent eight years with Leeds United, has been appointed as the club’s new CEO.
Nick Hammond is also set to make the move from Elland Road, where he’s been working in the recruitment department.
Elsewhere, Aaron Duckmanton has joined as chief marketing and digital officer, while Simon Hunter is taking up the position of chief stadium commercial officer.
However, Kevin Thelwell is set to join Rangers as sporting director this summer and chief commercial officer Richard Kenyon will also leave the club.
Everton chief could agree naming rights deal
Everton’s owners want to take a US approach towards matchdays at their new stadium to boost the club’s revenues.
The Premier League side are set to leave Goodison Park at the end of this season and move into their state-of-the-art facility on Bramley-Moore Dock.
Everton’s revenue increased from £172million in 2022-23 to £187million last season, while their commercial income dipped slightly from £38.9million to £38.5million.
The Merseyside giants announced on Wednesday (23 April) Christopher Sarofim has joined their ownership group, Roundhouse Capital Holdings, and he will be given a place on the club’s board.
The 62-year-old is a minority owner of the NFL franchise Houston Texans and his family company, Fayez Sarofim & Co, manages assets worth around £23billion.
The news has been taken well by the Everton fans, with many suggesting Sarofim’s involvement could boost the club’s spending power in the transfer market.
Although it’s unclear how the American billionaire will provide funding for the Merseysiders, he certainly has plenty of experience and high-level contacts to help improve the club’s commercial operations ahead of the stadium move.
Everton are yet to agree a naming rights deal for their new stadium, so that could be one of the first topics on Sarofim’s agenda over the coming weeks.
| Ranking | Stadium | Capacity |
| 1 | Old Trafford (Man United) | 74,197 |
| 2 | Tottenham Hotspur Stadium (Tottenham) | 62,850 |
| 3 | London Stadium (West Ham) | 62,500 |
| 4 | Anfield (Liverpool) | 61,276 |
| 5 | Emirates Stadium (Arsenal) | 60,704 |
| 6 | Etihad Stadium (Man City) | 52,900 |
| 7 | Everton Stadium – when open (Everton) | 52,888 |
Everton want to match Man City after record-breaking reveal
TFG is fully aware Everton’s revenues must improve if they are to compete higher up the Premier League table.
They are currently well behind Manchester City, who have won four straight top-flight titles.
Pep Guardiola’s side posted a record-breaking revenue of £715million for 2023-24, while their commercial income stood at £344.7million.
It will take years before Everton can reach anywhere near Man City’s levels, but Sarofim’s arrival should help take the club to the next level financially as part of TFG’s plan to deliver future success.
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