Dan Friedkin explores Everton sale while pursuing Texas NHL expansion

Texas billionaire Dan Friedkin is weighing a potential sale of Everton Football Club as he simultaneously negotiates with Austin and Houston officials to bring an NHL franchise to Texas. While The Friedkin Group is currently seeking strategic investors for a minority stake in the Premier League club, former Everton executive Wyness suggests a full sale could occur within 18 months. Everton has faced recent criticism following a summer transfer window that left the roster with limited depth, fueling speculation regarding the ownership's future. Financial experts estimate a total sale of the club could exceed $1 billion, potentially providing capital for The Friedkin Group's broader sports interests. However, company sources indicate that the $3.5 billion cost associated with an NHL expansion team and arena is likely to be funded by their automotive distribution business rather than proceeds from an Everton divestment. Negotiations for the NHL expansion are awaiting approval from the league's Board of Governors by the end of 2026.

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