The current auction of privately held Everton Shares being run by Asset Match is showing a very interesting spread of prices.
Historically, the price at which Everton shares changed hands in previous auctions has declined slightly, from £3,700 in 2023 to £3,400 in 2024:
However, these auctions came before The Friedkin Group takeover of Everton Football Club in December 2024 that brought with it a remarkable devaluation of the shares, with the issue of millions of new shares to Roundhouse Capital at the remarkably low price of £175.
The current auction sees a huge spread, with one seller hoping to sell their single share for £2,250, while another has 20 shares on offer at £600.
On the buyers’ side, there is an order for 1 share at £2,000, 1 at £511, and 20 shares at £500.
Leveling all this out, Asset Match have set the current indicative price at £600 per share, with a total of 21 shares set to change hands when the auction closes next week on 18 February.
Although perhaps not quite as bad as it could be, this auction appears set to crystalise the fears expressed when it became clear that the value of privately held shares would likely be decimated.