Dan Friedkin accused of ‘abandoning’ club and ‘cutting umbilical cord’ amid Everton takeover interest, Textor must be UPSET

John Textor Rushes to Complete Everton Takeover Amid Dan Friedkin’s Renewed Interest

American businessman John Textor is expediting his bid to acquire Everton, amid reports that Dan Friedkin, owner of AS Roma, has rekindled his interest in buying the Premier League club.

Textor’s Urgency

Textor, who owns a stake in Crystal Palace, is keen to finalize the Everton deal and is reportedly looking to sell his Palace shares. The American’s bid has been in limbo for months, and the threat of Friedkin’s return has prompted Textor to accelerate the process.

Friedkin’s Return

Bloomberg reported that Friedkin had reignited his interest in Everton, nearly two months after backing out of his £400 million bid. However, insiders claim that Friedkin’s return is not a certainty, and Textor remains in the “box seat” to complete the deal.

No Exclusivity

Contrary to previous reports, Textor does not have exclusivity to complete the deal, leaving the door open for Friedkin to re-enter negotiations.

Implications

The developments have created uncertainty around the Everton takeover. Textor’s bid has faced doubts about its viability, and Friedkin’s potential return has added complexity to the situation.

Expert Insights

Some experts, including Paul Brown, believe Friedkin’s return was anticipated, and his previous withdrawal was a negotiating tactic.

Everton’s Need for Clarity

The Toffees have been in limbo for months, with owner Farhad Moshiri seeking to sell. A swift resolution is crucial for the club’s long-term stability and success.

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