Crystal Palace co-owner John Textor makes new bid to buy Everton
American moves after Friedkin Group’s withdrawalHe would have to sell Palace stake to buy Everton
The American billionaire John Textor has made a bid to become the majority owner of Everton, which could end the saga around the sale of the club.
The terms are the same as when Textor made an offer on 1 June in the previous round of bidding. If the offer is accepted, Textor will be the third party to enter a period of exclusivity with Blue Heaven Holdings, the company that owns Everton, in the past year. The Friedkin Group had agreed a deal to buy Farhad Moshiri’s 94.1% stake but withdrew after carrying out due diligence. The American investors were concerned about the legal uncertainties surrounding the £200m in loans that 777 Partners, the first to agree a deal, gave the club.
