John Textor is set for a £200million payout from selling his shares at Crystal Palace as he pushes for an Everton takeover, according to the Daily Mail.
The newspaper reported via its website [12 September] that the co-owner at Selhurst Park is attempting to offload his 45 per cent shareholding in the Eagles.
It is understood that the Raine Group, an investment and merchant bank dealing with the sale on Textor’s behalf, are in the closing stages of selecting a preferred bidder from 14 separate interested parties.
The sale will facilitate the 58-year-old’s ambition to purchase Everton from Farhad Moshiri.
John Textor edges closer to Everton takeover
The long, drawn-out takeover saga at Goodison Park has been exhausting for everyone involved, ever since 777 Partners’ original interest in the club last season.
Fans are just desperate to know the future of their beloved club, and while there are concerns over Textor as a potential owner, the consensus is that few can do a worse job than Moshiri.
The current Palace co-owner has great experience in club ownership, with majority shares in Botafogo in Brazil and Lyon in France, and he could represent the end of the takeover saga on Merseyside.
While there is a lot of new positivity floating around the club due to the development updates at the Bramley-Moore Dock Stadium, everything else seems to be falling apart.
Sean Dyche looks to be holding onto his job by a thread following a dreadful start to the campaign, and while the performances cannot be excused, uncertainty at Goodison Park certainly does not help.
The sooner Textor can complete his takeover of the Toffees, the better for all parties involved.
