The Athletic reports that John Textor, a part-owner of Crystal Palace, is considering purchasing Everton and selling his stake in the London team.
The news agency stated on its website on May 24 that an American has started initial negotiations to purchase the Toffees and has asked investment firm Raine for assistance in selling his 45% ownership in the Eagles.
With 777 Partners, Farhad Moshiri has an agreement to sell his 94% ownership in the club. He has been given till May 31 to discuss the sale with other parties due to all of their issues.
Everton new potential owners coming to light now
The circumstances surrounding 777 Partners have been extensively reported in recent weeks, and it is now apparent that they will not be able to fully acquire the club.
Although Moshiri has promised to give them until May 31 to complete a purchase, preparations may already be in place given the fraud cases that the Miami-based investment group is facing and the fact that they even lost possession of their Brazilian team Vasco da Gama due to legal action.
The club has previously stated that, should the sale go through, there are backup plans, and it appears that those parties are starting to go public at this point.
With a 45% ownership in Crystal Palace, Textor has performed admirably in south London. He also owns Brazilian club Botafogo, which has been in a title fight under his leadership, Ligue 1 powerhouse Lyon, and Belgian club RWD Molenbeek.
It’s fantastic news that Everton has been given a new lease on life and that Moshiri and 777 Partners may not be leading the team this summer.
Read more news on https://sportupdates.co.uk
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