“It is good for so m and also bad for some fans” Alan Myers shares how close John Textor actually is to completing his takeover of Everton

John Textor Closing in on Everton Takeover, Deal Expected “Very Soon”

Everton’s tumultuous start to the 2024/25 season may soon be alleviated by a significant development off the pitch. American businessman John Textor is nearing completion of his takeover bid, with a deal expected to be agreed upon “very soon.”

Textor’s Exclusive Deal

Textor entered a period of exclusivity earlier this summer to purchase Everton from majority owner Farhad Moshiri. After weeks of negotiations, progress has been made, and an agreement is imminent.

Financial Boost

Textor has received a financial boost from investment firm Aliya Capital, known for their extreme wealth. This partnership is crucial in Textor’s bid to secure the necessary funds for the takeover.

Alan Myers’ Insight

Sky Sports’ Alan Myers revealed that the deal is progressing well, with Textor and Moshiri close to reaching an agreement.

“The proposed deal for American businessman John Textor to take over Everton is progressing well. A deal to purchase Farhad Moshiri’s shareholding is expected to be agreed very soon.”

Next Steps

While the agreement between Textor and Moshiri is a significant milestone, the takeover process is far from over. Textor must still:

1. Secure financing for the club
2. Sell his shares in Crystal Palace, as required by Premier League rules

Implications for Sean Dyche

The takeover’s impact on manager Sean Dyche’s future remains uncertain. Despite his struggles, Dyche has Moshiri’s backing, but a change in ownership may alter the managerial landscape.

Conclusion

Everton fans can take heart in the progress made toward Textor’s takeover. A successful deal would bring much-needed stability and investment to the club, potentially transforming their fortunes on and off the pitch.