IndiaAIFounders — Everton up for sale after U.S. owner says it is exploring investment options

https://apnews.com/article/everton-sale-friedkin-group-ca38f873973da6ae6fa8b13a37271aac

Didn't expect that considering TFG only bought Everton 2 years ago. I (naively) thought TFG would be in it for longer term increase in value of the Everton brand before selling.

Speculative question. Could the sale be related to the likes of this article below? Namely TFG are selling to mitigate risk of the mcfc scandal damaging the value of the EPL brand, & thus damaging the brand value of its member clubs?

https://www.france24.com/en/live-news/20261001-man-city-scandal-risks-damage-to-premier-league-s-booming-brand

I ask out of mild curiosity. I don't claim any expertise in matters such as strategic capital investment.

submitted by /u/lochshoogly
[link] [comments]

Shown as published in the source's RSS feed. IndiaAIFounders doesn't link out to third-party sites — this is the complete detail available from the feed itself.