John Textor’s potential takeover of Everton is expected to be clarified in the coming days, as reported by Sky Sports journalist Alan Myers.
Responding to a supporter on X on 22 September, Myers indicated that updates regarding the American’s bid to purchase Farhad Moshiri’s stake at Goodison Park are imminent.
Myers had previously noted on 19 September that an agreement between Textor and Moshiri was “very soon” on the horizon.
This would initiate subsequent processes, including the sale of Textor’s shares in Crystal Palace and obtaining Premier League approval for his Everton move.
In his latest update, Myers stated, “I would expect some news in the next few days but what, I don’t know.”
Barriers to Textor’s takeover remain significant, particularly his current ownership stake in Palace. However, he appears to view finalizing the agreement with Moshiri as a priority, believing he can address other issues afterward.
Complicating matters further is the renewed interest from Dan Friedkin, whose bid for Everton has resurfaced according to Bloomberg reports from 16 September.
Friedkin, the owner of AS Roma, withdrew from negotiations in July but has stayed connected to the situation due to a £200 million loan. Sources from Friedkin Group suggested to i News on 17 September that he is not re-entering talks.
Friedkin previously deemed the financial complexities of a takeover too risky, and with Textor now in the frame, there are concerns about whether he can navigate the financial landscape given that he hasn’t had full access to the club’s financials.
Premier League regulations prohibit an individual from owning two clubs simultaneously, which complicates Textor’s position with his 45 percent stake in Palace. Until he resolves his ownership there, he cannot fully assess the potential challenges or benefits of acquiring Everton.
Textor reportedly has two “firm” bids for his Palace shares, according to Sky News on 26 August. The sooner he divests himself of that stake, the clearer his path to potentially taking control of Everton will become.
History suggests caution; four previous suitors have reached advanced discussions only to fall short, and the stakes are high for Textor as he seeks to avoid a similar fate.