Another TOP BILLIONAIRE group apart from John Textor and Daniel Friedkin set to beat them to the takeover as takeover is set to be completed since…..

Everton Takeover Update: Third Party Enters Fray Amid Textor and Friedkin Interest

The Everton takeover saga continues, with Sky Sports journalist Alan Myers revealing a third party remains in the running alongside John Textor and Dan Friedkin.

Latest Developments

Myers reported on September 19 that while Textor, part-owner of Crystal Palace, is nearing an agreement with Farhad Moshiri, another interested party is still in contention. However, insiders suggest this third party is unlikely to succeed.

Textor’s Bid

Textor has expressed optimism about securing a deal, with a potential agreement expected by mid-October. However, he must first sell his 45% stake in Crystal Palace to gain Premier League approval.

Friedkin’s Re-emergence

Dan Friedkin, Roma’s owner, had abandoned his bid in July but reportedly rekindled his interest on September 16. Despite lending £200 million to Everton during his exclusivity period, Friedkin’s chances are considered slim.

Challenges Ahead

Textor’s potential takeover faces hurdles, including resolving the debt owed to 777 Partners, which complicated Friedkin’s bid. Additionally, Textor’s sale of his Crystal Palace stake has proven challenging.

Everton’s Future

The Toffees’ ownership situation remains uncertain, with fans eagerly awaiting resolution. The club’s financial situation and potential changes in ownership will likely impact their future prospects.