Dallas Mavericks coach Jason Kidd has officially joined the ownership group of the Premier League club Everton. Kidd has joined Roundhouse Capital Holdings -- an entity within The Friedkin Group (TFG) -- which took over Everton back in December.

The basketball legend has joined the soccer ownership trend, investing in an English Premier League side, Everton, that is looking to a future in a new stadium.

It was announced on Thursday that Mavericks head coach Jason Kidd is joining the ownership group for Everton FC, a founding member of England's Premier League. Kidd is joining on with the American-based Friedkin Group, led by Mark Watts out of Houston.