John Textor finds himself in a difficult situation at Selhurst Park after his attempt to acquire Everton was unsuccessful.
The 45 percent owner of Crystal Palace expressed his desire to see Steve Parish go, saying he would prefer to acquire Everton so he could use his multi-club model there under complete control.
John Textor expressed interest in finishing the takeover of Everton earlier in 2024, as the Toffees looked for a buyer for Farhad Moshiri’s ownership position.
However, the American tycoon’s intentions were derailed when he had to sell his part in Crystal Palace, which turned out to be more difficult than expected.
Nevertheless, Textor is now faced with difficult choices as Dan Friedkin emerged victorious in the Everton takeover contest.
What the Raine Group are now telling those interested in John Textor’s shares
Textor threw himself fully into the process of selling his Crystal Palace shares, but he did not get the attention he was hoping for, turning down one offer in the summer.
Nevertheless, Textor’s opportunity to take over Everton has now passed, and he must decide how to proceed with his stay at the team.
We reported earlier this week that Textor is still looking to sell his 45% share in Crystal Palace, and now Mail Online has provided a further update.
According to reports, Raine Group has been given the task of managing the suggested Textor share sale. Having failed to buy Everton, the Group has advised interested parties to allow Textor some time to consider his next course of action.
Textor had hoped to fast-track the sale of his Crystal Palace shares in order to buy Everton, so now this is off the table he is uncertain about what he plans to do with his shares.
Then it says, “Eagles sources indicate that Textor may be interested in purchasing Josh Harris and David Blitzer’s stakes.” However, it has been explained that neither are currently open to selling.
READ MORE ON:https://sportip.co.uk/