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Consortium headed by former LA Dodgers general manager Kevin Malone 'to make another bid for Everton after after talks with the Friedkin Group collapsed'

1 month ago 14
  • The Toffees have endured a summer of uncertainty full of rampant speculation

By Spencer Morgan

Published: 20:44 BST, 22 July 2024 | Updated: 20:48 BST, 22 July 2024

A consortium led by former LA Dodgers general manager Kevin Malone will reportedly be making a new bid for Everton in the coming weeks as the club continues to search for a new owner.

Despite once again staving off relegation under the stewardship of Sean Dyche last season, the Toffees' backroom situation has been subjected to much speculation this summer.

American firm 777 partners had initially appeared to be frontrunners to purchase Farhad Moshiri's 94.1 per cent stake in the Merseyside club before talks collapsed after they failed to meet an already extended deadline last month.


Next came Dan Friedkin, owner and CEO of The Friedkin Group. The American also owns Serie A side Roma and had entered into an exclusivity period with Moshiri before talks broke down with a statement from the club claiming they are going to 'explore alternative options'

The uncertain financial situation led to fears the club could be plunged into administration but hopes of a take over have been revived.

A consortium lead by Kevin Malone will reportedly be making a new bid for Everton

Sky Sports reporter Alan Myers posted on X: 'the consortium headed by American and former LA Dodgers General Manager Kevin Malone will make another bid to takeover Everton in the coming weeks following the news that the Friedkin group pulled out of a proposed purchase of the club.

'The consortium, which includes US investment firms was one of a number of groups looking to buy the club before Dan Friedkin was granted exclusivity by Majority shareholder Farhad Moshiri.'

Malone's group, backed by American investment firms, was one of many rivalling The Friedkin Group last month.

Malone's background is previously in baseball after he served for three years as general manager of the Dodgers. 

Dan Friedkin (pictured), who also owns Roma, had entered into an exclusivity agreement with Everton's majority shareholder Farhad Moshiri but talks broke down

London-based private equity group Vici Private Finance has previously been linked with a move to purchase the club and are also said to have reentered the race.

Vici's interest could prove a huge boost to Everton, with the group advised by former Toffees board member Keith Harris, and backed by at least two billionaires.

Harris has a positive record in assisting takeovers of football clubs, having played a role in Roman Abramovich's purchase of Chelsea, Randy Lerner's acquisition of Aston Villa and Shahid Khan's deal to buy Fulham.

Despite the uncertain nature of the club's ownership Dyche has set about improving the side that finished 15th in the Premier League last season.

Former Sheffield United midfielder Iliman Ndiaye has arrived from Marseille in a deal reported to be worth £15m while 21-year-old prospect Tim Iroegbunam joined from Aston Villa.

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