BREAKING- “official Annoucement to be made soon” Everton now likely has a very WEALTHY owner just like Manchester City as deal is set to be finalised, Both parties have met already and….

John Textor’s Everton Takeover Talks Raise Premier League Rule Concerns

Crystal Palace co-owner John Textor has held crunch talks with Farhad Moshiri over a potential takeover of Everton, according to Alan Nixon. The American sports tycoon met with Moshiri and other key stakeholders, including Andy Bell and George Downing, in Spain to discuss the deal. While Textor’s involvement could bring much-needed stability to the Toffees, his ownership structure raises questions about compliance with Premier League rules.

As it stands, Textor would need to divest his shares in Crystal Palace or risk breaching Premier League regulations. However, he could be granted a “period of grace” to complete the sale while finalizing the deal at Goodison Park. This would allow him to temporarily own shares in both top-flight clubs, pending approval from the Premier League.

Everton fans are eager for a resolution to the takeover saga, which has dragged on since September. 777 Partners’ bid has stalled, and the uncertainty has caused frustration and concern among supporters. With the club facing significant financial issues, the need for a swift and successful takeover is paramount.

Textor’s involvement could bring a welcome injection of stability and expertise, given Crystal Palace’s impressive management and survival in the top tier. However, the complexities of his ownership structure and the need for Premier League approval add another layer of complexity to the already protracted takeover process.

Farhad Moshiri, under pressure from fans and facing criticism for a lack of transparency, must make the right decision for the club’s future. With Textor’s interest and the potential for a swift resolution, the loyal fans will be hoping for a positive outcome that ensures the club’s safety and success for another season.

In related news, a European club is open to selling their centre-back for £21million, and Jarrad Branthwaite’s transfer development has also emerged. Stay up-to-date with the latest Everton news by following us on Facebook or joining our WhatsApp Channel for instant updates.