Everton takeover talks break down as Moshiri refuses to sign terms – report

Talks between John Textor and Farhad Moshiri regarding the potential takeover of Everton Football Club have collapsed.

According to The Telegraph, Moshiri refused to sign an initial term sheet, leading to the breakdown in negotiations. Despite meeting the terms for a deal, Textor’s offer was rejected, leaving him feeling like he was “chasing his tail.”The collapse of talks means Textor is no longer in the running to acquire the controlling stake at Goodison Park. The American businessman was never the leading favorite to take over from Moshiri, but his interest in the club was seen as a viable option after 777 Partners’ failed bid.The reasons behind Moshiri’s decision to reject Textor’s offer are unclear, but it raises questions about the future of the club. If a new, cash-rich owner takes control, fans may not regret missing out on Textor’s investment.

However, if the takeover saga drags on, questions will be asked about Moshiri’s handling of the situation.Moshiri’s tenure as Everton owner has been marked by controversy, and his reluctance to sign an agreement with Textor may be a sign of his unwillingness to relinquish control. The club’s fans are eagerly awaiting clarity on the situation, but given Moshiri’s track record, that may not be forthcoming.The collapse of talks with Textor means the club will be available for purchase by other interested buyers.

The Toffees are expected to set new takeover criteria as the saga continues, leaving fans wondering what the future holds for their beloved club.In a season marked by financial uncertainty and on-field struggles, the takeover saga has added to the turmoil at Goodison Park. As the club navigates this uncertain period, fans can only hope that a resolution is reached soon, and the team can focus on what matters most – the football.

The breakdown in talks between Textor and Moshiri serves as a reminder of the complexities involved in football club takeovers. Despite Textor’s apparent willingness to meet the terms for a deal, Moshiri’s refusal to sign an agreement has scuppered the talks.