EVERTON have reportedly SOLD their women’s team to their sister company to help raise funds for transfers.
Companies House shows that Everton Football Club Women Ltd has been transferred to a company called Roundhouse Capital Holdings.
According to The Times , records show its controlled by Everton’s American businessman owner Dan Friedkin.
Roundhouse is the company that The Friedkin Group used to buy Everton during their takeover last December.
The move is said to ensure the women’s team is a standalone entity that can attract investment from America.
But, that profit will help comply with the Premier League’s Profitability and Sustainability Rules.
become the third Premier League club to take advantage of a law that allows clubs to sell assets such like the women’s team to related companies and register that as a profit for PSR calculations.
Therequires that fees paid for internal assets are reasonable - with Chelsea and Aston Villa also doing so.
Everton were previously deducted six points for a PSR breach in the 2021-22 season and two points in 2022-23.
But the Toffees did spend over £800MILLION which they move into this season.
in February with US firms Aramark Limited and Glas Trust Corporation.
The- which took- was £500m.
The old Goodison Park has been scaled down and
Everton are looking to add to their squad this summer and are linked with a move for Manchester City’s £100m wantaway Jack Grealish.
According to Ben Jacobs , the Merseysiders want a loan and are unlikely to consider to a permanent move unless Grealish lowers his £300,000-a-week wages.
