Everton owner Farhad Moshiri has now been personally approached by John Textor over a potential bid to purchase the club, according to BNN Bloomberg.
The financial news website reported that Textor, a 45 per cent stakeholder at fellow Premier League club Crystal Palace, is considering an offer shortly.
No owner can hold more than a 10 per cent stake in two Premier League clubs, but the American has made his intentions known by putting his entire stake up for sale at Selhurst Park.
Textor is one of several new figures that emerged just before the failure of 777 Partners, Moshiri’s preferred buyers, who couldn’t complete their repayment of club loans that would have set in motion their ability to take over the club [Daily Mirror].
Will John Textor become Everton’s new owner?
Everton are crying out for a new approach in the boardroom having become a financial basket case under the reckless stewardship of Moshiri, who intends to sell his full 94.1 per cent stake in the club.
Compared to the approach taken by 777 Partners, who couldn’t pass the Premier League’s owners and directors’ tests before their extended May 31 deadline passed, Textor represents a much more successful proposition for the Goodison Park faithful [Simon Jordan].
Textor has had relative success with every club he’s owned, particularly at Lyon in France and Brazil’s Botafogo, though adding the Toffees to that track record is something which could take a long time [Rodrigo Calvozzo].
The Blues’ debts have been increasing massively despite millions being pumped into the club by 777, and any sort of future, short or long-term, under Moshiri looks completely unfeasible.
Selling the club to Textor appears to be the best possible move the Iranian can make at the moment, but any takeover between the two parties will hinge on whether the Eagle Football group owner can shift his 45 per cent stake at Selhurst Park [Kieran Maguire].
In other Everton news, Sean Dyche can get the best out of James Garner if the Toffees can complete a freebie deal the manager wants.
