Everton to announce US billionaire Christopher Sarofim as new investor

Fund manager joining club’s ownership groupIdea is to give access to broader sources of funding

Everton are set to announce a new investor, with the American billionaire Christopher Sarofim joining their ownership group. The 62-year-old fund manager is also a minority shareholder of NFL franchise Houston Texans.

Sarofim is understood to have agreed to join Everton’s ownership group, Roundhouse Capital, and will be given an observer position on the football club’s board. Everton will remain under the day-to-day control of The Friedkin Group (TFG), who bought the club from Farhad Moshiri last December.

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