£3.4bn John Textor revelation good news amid Everton takeover development
Everton will quickly be looking to move on from the takeover saga with Crystal Palace co-owner John Textor proving to be a viable candidate.
Textor revealed that he was keen on selling his stake in the Premier League club in order to purchase the Toffees, but that could be an unlikely proposition.
Netwealth.biz have revealed that his net worth is understood to be a whopping £3.4billion.
This could be good takeover news for Everton fans
If he were to acquire the club, his financial resources could be transformative.
The Toffees, like many football clubs, require substantial investment to compete at the highest level.
Textor’s wealth could be used to strengthen the squad with quality signings, improve training facilities, and potentially accelerate the development of the new stadium at Bramley-Moore Dock.
Additionally, his experience in owning multiple football clubs could bring valuable expertise to Everton, helping to streamline operations and improve the club’s overall strategy.
John Textor must have the right intentions with regards to Everton
However, any potential takeover would need to be approved by the Premier League, and there may be challenges in selling his stake in Crystal Palace.
It remains to be seen if he’s genuinely serious about buying the Merseyside outfit or is just using them as a way to easily sell his stake at the London club.
It is pretty clear that the Toffees need to move on from 777 Partners and look for a viable owner.
In other Everton news, a European club is open to selling their centre-back for £21million as Jarrad Branthwaite’s transfer development has emerged.
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