Sport nationBillionaire John Textor is set to launch a formal bid to buy Everton Football Club, according to reports. The American businessman, who is worth an estimated £3 billion, is expected to make a formal offer to purchase the club in the coming days.
Textor, who currently owns a 45% stake in Crystal Palace through his company, Eagle Football Holdings, is looking to sell his stake in the club to pursue a bigger role in football ownership. He has also purchased minority stakes in Lyon, Botafogo, and RWD Molenbeek, and is now set to turn his attention to Everton.
The news comes after the collapse of 777 Partners’ proposed takeover of the club. The Miami-based firm had agreed to purchase the club from Farhad Moshiri, but the deal fell through after they failed to receive Premier League approval.
Everton have been searching for a new owner for some time, and Textor’s bid could provide the club with the lifeline they need. The club has been struggling financially, and the collapse of the 777 Partners deal had left them facing an uncertain future.
However, Textor’s bid could provide the club with the stability they need to move forward. The billionaire has a proven track record in football ownership, and his investment could help the club to build a competitive team and improve their financial situation.
Textor’s bid is expected to be worth significantly less than the £550 million price tag that 777 Partners had agreed to pay for the club. However, the exact amount of the bid has not been disclosed.
The news of Textor’s bid has been met with excitement from Everton fans, who have been waiting for a resolution to the club’s ownership saga for some time. The club’s board of directors has also welcomed the news, and is expected to consider Textor’s bid in the coming days.
If Textor’s bid is successful, he will become the new owner of Everton Football Club, and will be tasked with building a competitive team and improving the club’s financial situation. The billionaire has a reputation for being a shrewd businessman, and his investment could help the club to achieve their goals.
The takeover saga at Everton has been ongoing for some time, and the collapse of the 777 Partners deal had left the club facing an uncertain future. However, Textor’s bid could provide the club with the lifeline they need, and could help them to move forward and achieve their goals.
In a statement, Everton Football Club said: “The club can confirm that it has received a bid from John Textor to purchase the club. The board of directors will consider the bid in the coming days, and will make a decision on whether to accept it.”
Textor’s bid is a significant development in the takeover saga at Everton, and could provide the club with the stability they need to move forward. The billionaire’s investment could help the club to build a competitive team and improve their financial situation, and could help them to achieve their goals.
The news of Textor’s bid has been met with excitement from Everton fans, who have been waiting for a resolution to the club’s ownership saga for some time. The club’s board of directors has also welcomed the news, and is expected to consider Textor’s bid in the coming days.
If Textor’s bid is successful, he will become the new owner of Everton Football Club, and will be tasked with building a competitive team and improving the club’s financial situation. The billionaire has a reputation for being a shrewd businessman, and his investment could help the club to achieve their goals.
The takeover saga at Everton has been ongoing for some time, and the collapse of the 777 Partners deal had left the club facing an uncertain future. However, Textor’s bid could provide the club with the lifeline they need, and could help them to move forward and achieve their goals.
In a competitive market, Everton Football……
Sport nation
Amina Umar
