In a move that might make their accountants break into a happy jig, Everton have officially sold their women’s team to Roundhouse Capital Holdings – the same parent company that owns the men’s side of the club.

Why? Well, two words: Profitability and Sustainability. Or, in Premier League-speak: PSR.

The buyer, Roundhouse Capital, is owned by American billionaire Dan Friedkin, who (for those keeping track) completed his takeover of Everton back in December 2024. So yes, it’s kind of like selling your car to yourself, but with more spreadsheets and fewer MOTs.

This strategic shuffle allows Everton Women to operate as a standalone business, opening the door for minority investors to jump in – à la Reddit’s Alexis Ohanian style, who grabbed a chunk of Chelsea Women not too long ago.

But the real genius? The men’s team gets to count the sale as revenue, which gives their PSR scorecard a much-needed glow-up. If you remember, Everton got slapped with point deductions for rule breaches in both 2021–22 and 2022–23, so every bit of financial headroom helps.

No official word on how much this “intra-family” deal cost, but the strategy follows a growing trend. Chelsea flogged their women’s team to BlueCo for close to £200m, and Aston Villa followed suit, moving theirs to V Sports. Now Everton join the “creative finance club”.

How Did Everton Women Perform in 2024–25?

Despite flying a little under the radar, Everton Women held their own last season, finishing 8th in the Women’s Super League, bowing out in the fifth round of the FA Cup, and making a group stage exit in the League Cup.

With fresh ownership (kind of) and potential investors on the horizon, there’s room to grow – and perhaps move up the WSL table next season.