Everton's women's team have been acquired by the parent company which also controls the men's team, in a move which will boost the club's position in relation to Premier League financial rules.
The team has been bought by Roundhouse Capital, allowing the women's team to attract dedicated minority investment and operate as a standalone entity.
The transaction will also benefit the men's team financially from the standpoint of Premier League profitability and sustainability rules (PSR) as the sale can be recorded as revenue in the club's accounts.
Under PSR, clubs cannot exceed maximum losses of £105m over a three-year accounting period.
The move by Everton follows the sale by Chelsea and Aston Villa of their respective women's teams to related companies.
It's understood the transaction is at a fair-market valuation, as required by the Premier League under its associated party transaction (APT) rules governing deals between entities linked to a club's ownership.
Roundhouse Capital is owned and controlled by American businessman Dan Friedkin and was the entity used for the takeover of the club which was completed last December.
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