John Textor is close to an Everton takeover deal.

John Textor was all set to wire funding for Everton takeover before hijack - Exclusive

Danny has been with Breaking Media for almost a decade, rising to become the company's Head of Editorial. Danny is an expert editor, with a specialist eye on SEO, planning, growth areas, and staff development. Danny graduated from Staffordshire University in 2016, and has previous experience writing for the Birmingham Mail and Macclesfield Town FC. Based in Staffordshire, Danny has helped grow Goodison News to become one of the biggest independent websites providing Everton content. He has chronicled some of the biggest stories over the past decade, including the club's financial plight under Farhad Moshiri's and the PSR issues that arose from that. More recently, Danny has led the coverage of Everton's recovery under the Friedkin Group, the return of David Moyes, and move to Hill Dickinson Stadium from Goodison Park.

Published on:

25 Sep 2024, 2:09 pm

John Textor is disappointed to have missed out on being the new Everton owner, Goodison News understands.

The Blues announced on Monday (23 September) that The Friedkin Group has agreed a deal to buy Farhad Moshiri's 94 per cent shareholding.

Dan Friedkin's group had already pulled out of a bid to buy the Toffees earlier this year but returned to the table within recent days to hijack Textor's attempts to strike a deal.

Last week, US billionaire Textor was on the verge of an agreement with Moshiri. Goodison News exclusively revealed that he was waiting on approvals from the Everton board and long-term creditors Rights and Media Funding before a deal with Moshiri could have been rubber-stamped.

However, since then, Friedkin has swooped in and struck a deal himself.

Textor was ready to wire funding for Everton takeover before curveball

Goodison News has been told by a source close to the takeover on Merseyside that Textor was getting ready to wire the funds to buy Everton when he learnt of Friedkin's move. He was expecting to do that on either Monday or Tuesday.

Also, Goodison News understands there is no truth in local reports in Liverpool that claim Moshiri was unhappy with Textor speaking publicly about his effort to buy the Premier League club.

John Textor is eager to buy Everton from Farhad Moshiri [Credit: Imago]

Textor's bid to buy Everton was a complicated one. In order to gain Premier League approval to successfully take the Blues over, the Missouri-born businessman would have had to sell his 45 per cent shareholding of Crystal Palace.

It remains to be seen what's next for Textor and his Eagle Football Holdings, who also own Lyon and Botafago.

However, for Everton, it's been reported that it could take between eight to 12 weeks for The Friedkin Group to gain Premier League approval [Ben Jacobs], meaning the process could be close to completion around mid-November at the earliest.

In other Everton news, director of football Kevin Thelwell has made an admission about Jarrad Branthwaite’s future on Merseyside.

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