Two developments at Everton today illustrate the continuing change that is underway at the Club as The Friedkin Group approach four months as owners.

The Blues have announced that Christopher Sarofim, Chairman of the global investment manager Fayez Sarofim & Co, has joined Roundhouse Capital Holdings Limited, the entity created by TFG to buy out Farhad Moshiri last December, and will become a Board Observer at Everton.

Sarofim, a minority owner of NFL franshise, the Houston Texans, and former analyst at Wall Street Giant, Goldman Sachs, has four decades of experience in investment, fund management and philanthropy behind him and it is hoped he won't be the last heavy hitter from the world of finance to come on board at the Club's Royal Liver Building headquarters.

Mr Sarofim said: “I’m delighted to have the opportunity to join the ownership group of Everton - an historic sporting institution with a very exciting future. I have known and admired the Friedkin family for many years and I look forward to working with Marc Watts, The Friedkin Group and everyone at Everton to help the club fulfil its huge potential on and off the pitch.”

TFG Chairman and CEO, Dan Friedkin said: “Christopher Sarofim is someone I have known and respected for many years. He brings experience, sound judgment and wisdom that will be valuable as we continue to drive the Club forward in all areas.”

Meanwhile, it has been announced that outgoing Director of Football, Kevin Thelwell, has been appointed to a similar role by Rangers.

It was revealed earlier this year that Thelwell, who took his post with the Toffees three years ago, would not be offered a new contract by Everton as TFG look to install a revamped recruitment setup at Finch Farm.

Current Leeds United Chief Executive, Angus Kinnear, will officially join the Club as full-time CEO on 1st July and Everton are said to be close to hiring transfer specialist Nick Hammond.

Hammond has been contracting as a recruitment advisor to Leeds but is expected to be given a full-time role. 

 

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