John Textor agreement over Everton takeover expected by end of week
Textor in Liverpool for further talks with MoshiriAmerican billionaire already has stake in Crystal Palace
John Textor is in Liverpool to hold further talks with Everton owner Farhad Moshiri over a proposed takeover of the club, with a deal expected to be agreed by the end of the week.
The American billionaire became the third party to be granted a period of exclusivity by Blue Heaven Holdings, the company that owns Everton, last week after renewing his efforts to purchase a majority stake in the Premier League club having initially been overlooked by Moshiri in favour of the Friedkin Group. They had agreed to buy Moshiri’s 94.1% stake but withdrew over concerns about the legal uncertainties surrounding the £200m in loans that 777 Partners, the first company to agree a takeover back in September, gave the club. It is understood that a £200m loan made to Everton by the Friedkin Group during their attempt to takeover the club is due to be repaid.
