‘Everton owners shocked after Donald Trump move’
Everton owners The Friedkin Group (TFG) could be facing financial uncertainty following US president Donald Trump’s latest tariffs.
Trump has announced a 10 per cent baseline tariff on imports to the US, while he previously confirmed a 25 per cent tariff on steel, aluminium and foreign-made cars.
TFG, which is spearheaded by Dan Friedkin, has investments spanning the automotive, hospitality, entertainment, adventure and sports industries.
It owns the Houston-based Gulf States Toyota, which is one of the world’s largest independent distributors of Toyota vehicles and parts.
Finance expert Stefan Borson exclusively told Football Insider TFG has had a “shock” following Trump’s tariffs as it looks set to be affected by the move.
Friedkin secured the takeover of Everton in December as he looks to turn the club’s fortunes around following their struggles under Farhad Moshiri.
The American billionaire has previously backed the Republicans after making donations to Trump’s party.
Everton could receive boost after Donald Trump tariffs
Borson suggested the tariffs could be good for Everton as TFG may be forced to focus more on its new businesses.
He told Football Insider: “The Friedkin’s have had a bit of a shock with the tariff situation because one of their main businesses is selling foreign cars in the Gulf states of America.
“We know that the tariffs that are going to be put on foreign vehicles into the US are enormous and that is bound to impact their core business.
“What it will mean is it’s going to have a major impact on the Friedkin’s core business.
“It may be good for Everton because it may mean that their sort of focus is less on their historic business and more on their new businesses.
“You couldn’t find a business more impacted than a Toyota reseller in the southern states of the US.
“They are going to be hit very hard by such a move, unless those cars are all made in the US, which I’d be surprised about.”
| Position | Team | Played | Points | GD |
| 13 | Man United | 31 | 38 | -4 |
| 14 | Tottenham | 31 | 37 | 13 |
| 15 | Everton | 31 | 35 | -5 |
| 16 | West Ham | 31 | 35 | -17 |
| 17 | Wolves | 31 | 32 | -16 |
Everton told to pay £30m to sign Ben Doak
Football Insider revealed on 4 April Liverpool will demand a £30million fee from Everton if they are to sell Ben Doak to their arch-rivals this summer.
David Moyes is an admirer of Doak and has sent scouts to watch the 19-year-old winger during his loan spell at Middlesbrough this season.
Sources say Bournemouth are also keen on the Scotland international heading into the summer window, while Crystal Palace saw a £15million bid rejected for him in January.
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