September 19, 2024

Everton saw a major update emerge on Thursday afternoon in their potential takeover pursuit with John Textor.

Farhad Moshiri‘s hopes of offloading Everton Football Club have now gone one for months and months with no real progress.

Interested parties have come and gone and there has been serious interest shown but it has all fallen flat.

But, on Thursday, it was claimed Textor had signed exclusivity with Moshiri to advance in his proposed takeover of Everton.

The fans at Goodison Park will be hoping this is a case of third time lucky having already seen 777 Partners and The Friedkin Group pull out of the proceedings after being granted exclusivity.

Alan Myers shares Everton takeover claim after Textor update
As Everton fans will know all too well by now, the update on Thursday does not mean the deal is anywhere near being completed.

And there are going to be some serious hurdles for Textor to overcome if he is going to deal the proposed deal over the line.

Sky Sports journalist Alan Myers has now shared what is different between this bid from Textor compared to that of The Friedkin Group’s.

Everton have been very forward as a club in terms of trying to provide clarity over the takeover situation.

The Friedkin Group’s exclusivity period was shared by the club through their official channels back in June, but that has not been the case with textor.

“They’re exploring the possibility of a deal agreement, this one hasn’t been officially announced tbf, unlike TFG,” said Myers on X.

Perhaps Everton feel they are best keeping the updates in house given how the previous two attempts to purchase the club have panned out.

John Textor’s Everton bid could be the most difficult to pull off
The most interesting part of Textor’s potential takeover at Everton is how the American billionaire is going to offload his shares in Crystal Palace.

Currently, Textor would need to remove himself from any involvement with another Premier League club [Palace] before taking over on Merseyside.

The potential issue lies in Textor holding a whopping 45% stake in the south London club.

Although Palace’s stocks are not exactly going to demand the prices of some of the top Premier League clubs, a 45% share is still going to potentially prove difficult to move on quickly.

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