Alan Myers reveals twist on Everton’s debt as Friedkin Group finalizes takeover at Goodison Park.

The Toffees announced on their official website on Thursday, 19 December, that The Friedkin Group had completed their takeover of the club.

Fans were undoubtedly relieved to bid farewell to Farhad Moshiri, whose tenure had been marked by controversy and financial instability.

While the takeover brings renewed hope, it does not mean all of Everton’s problems have vanished.

Responding to a supporter on X, who asked if the club was now “totally debt-free,” journalist Myers clarified on 19 December, “Not quite, no.”

Moshiri’s time as Everton chairman was nothing short of chaotic, leaving supporters eager to see the back of him.

Under his leadership, the club amassed significant debt, with financial difficulties becoming an almost daily issue at Goodison Park.

Fans now hope The Friedkin Group can address these lingering financial woes and restore stability.

However, progress may not be immediate. According to the Premier League’s official website, steps have been taken to convert some of the club’s debt into equity, but Myers’ comments suggest not all liabilities have been resolved.

Despite this, the takeover represents a positive step forward.

The Friedkin Group’s leadership inspires optimism that the club’s financial standing will improve, especially given the turmoil left by Moshiri.

While challenges remain, it seems unlikely that Friedkin’s stewardship will worsen the situation.

For Everton supporters, the change in ownership marks the beginning of a new chapter, one they hope will bring much-needed stability and success.