How much money Bill Kenwright’s estate is set to lose after controversial TFG decision at Everton

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Everton have seen a lot change for the better since The Friedkin Group landed on Merseyside.

On the pitch, Everton have shown some promising signs of getting back to where they want to be in the Premier League.

David Moyes have provided the fans with something to provide a real optimism on Merseyside for the future.

The Friedkins are exciting those inside Everton as they gear up for what is expected to be a busy summer.

However, it is not all positive at Goodison Park.

Off the field, there have been some real concerns for certain supporters, and that is reflected in the late Bill Kenwright’s estate.

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Bill Kenwright’s estate have lost £5m in Everton shares

The Friedkin Group are set to seal a lucrative stadium deal, which will see some additional revenue land into Everton’s wallet over the coming months.

However, they have also done something recently which will not go down too well among some of the Everton fans.

According to The Times, the Friedkins have refused to meet with concerned Everton shareholders.

The minority shareholders at Everton are worried by the decrease in value to their shares in the club.

An increase in private sales of shares to the Friedkins has seen the total number of shares in the club rise from 135,000 to more than 1.6 million.

As a result, the valuation of the standing shares have dramatically decreased, and one victim of that is the estate left behind by Kenwright.

It is believed the estate of Kenwright – which holds 1,750 shares – has seen a staggering loss of around £5m in valuation.

The Friedkins are looking to make more appointments at Everton, but they are also leaving a number of their shareholders extremely concerned.

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The Friedkins urged to meet Everton shareholders

For as much as the Friedkins have done right on Merseyside over their opening could of months, this is not a good look at all.

The Friedkins are opening talks with potential new appointments, but it is clear their shareholders are wanting dialogue opened with them.

Former Everton director Cliff Finch has slammed the Friedkins following the decision to turn down a meeting with the worried shareholders.

“I am not so worried about myself, but the little guy has been cast aside here,” he said.

“Morally, there should be an obligation here for the principal owners to do the right thing.”