Sport nationDesperate Everton Takeover Update Emerges After John Textor News
A desperate update has emerged regarding the potential takeover of Everton FC by John Textor, with finance expert “The Esk” pouring water on reports that Textor is close to succeeding Farhad Moshiri as majority shareholder. Despite Textor’s reported interest in purchasing Moshiri’s 94.1% holding at Goodison Park, The Esk insisted that “desperation stakes” are at play, citing several reasons why the move may not be as straightforward as initially thought.
“Genuine desperation stakes from whomever (probably Moshiri) is briefing on Textor being Everton’s next owner. So many reasons why it’s not the case, including his Palace stake, Everton’s debt position, and Textor’s relationship with Ares.” – The Esk (@theesk) on Twitter
Textor, who owns a 45% stake in Crystal Palace, has been reported as one of the front-runners to purchase Moshiri’s majority shareholding, but The Esk’s comments suggest that the situation is more complex than initially thought. Alan Myers, a trusted source for Everton news, also stated that Textor is not the only party interested in completing a buyout of the Blues, and that it’s still too early to definitively say he will be the new owner.
Everton fans, who have been waiting for a resolution to the club’s ownership saga for eight months, will be relieved to see progress finally being made. The Miami-based investment firm 777 Partners has been Moshiri’s long-time preference to complete a buyout of the club, but concerns over funding barely saw them come close to passing the Premier League’s owners and directors’ tests.
In contrast, Textor has already demonstrated his ability to buy and run a financially stable Premier League club, with his 45% stake in Crystal Palace serving as a prime example. However, rules over multi-club ownership may stand in Textor’s way of becoming a majority shareholder at Goodison Park straight away.
Despite this, it’s a sign for Toffees fans that Moshiri is finally taking their plight seriously, and is discussing selling to a potential buyer with a proven track record of Premier League ownership. As The Esk noted, “it’s a sign that Moshiri is finally taking the fans’ plight seriously, and is discussing selling to a potential buyer with a proven track record of Premier League ownership.”
In other Everton news, fans will be thrilled to learn that a £3.4billion revelation has emerged surrounding the takeover, which could have significant implications for the club’s future. For more Everton news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates sent straight to your phone.
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