Everton saw a major update emerge on Thursday afternoon in their potential takeover pursuit with John Textor.
With no significant progress made, Farhad Moshiri’s aspirations of selling Everton Football Club have now been ongoing for months.https://sportip.co.uk/index.php/2024/08/16/alan-myers-says-…-friedkin-groups/
Although there has been significant interest shown with interested parties coming and going, it has all failed.
However, it was reported on Thursday that Textor had signed an exclusivity agreement with Moshiri in order to move forward with his potential Everton acquisition.
Having already witnessed 777 Partners and The Friedkin Group withdraw from the proceedings after being granted exclusivity, Goodison Park supporters will be hoping that this is a case of third time fortunate.
Alan Myers shares Everton takeover claim after Textor update
As supporters of Everton would already be well aware, the news from Thursday does not indicate that the transaction is close to closing.
And if Textor is going to push the planned agreement through, he will have to overcome some very significant obstacles.
Journalist Alan Myers of Sky Sports has finally revealed the differences between Textor’s proposal and The Friedkin Group’s.
As a team, Everton has been leading the charge in attempting to shed light on the takeover scenario.
The club announced the exclusive term for the Friedkin Group back in June via their official channels, but textor has not done the same.
Myers stated on X, “They’re looking into the possibility of a deal agreement, this one hasn’t been officially announced tbf, unlike TFG.”
Considering how the past two bids to buy the club have gone, Everton may decide that it is preferable to keep the information inside.
John Textor’s Everton bid could be the most difficult to pull off
What will be most intriguing about Textor’s possible acquisition of Everton is how the rich American will sell his Crystal Palace shares.
Before taking over on Merseyside, Textor would now have to cut ties with another Premier League team, Palace.
The possible problem stems from Textor’s enormous 45% ownership of the south London club.
A 45% stake in Palace might be challenging to sell fast, even though its shares won’t exactly fetch the same values as some of the best Premier League teams.
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