'Bad News' - Finance Expert raises wider concern over possible Everton takeover

Football finance expert Adam Williams believes the way John Textor’s Everton takeover could work would be “bad news” for football.

Farhad Moshiri has been trying to offload the Toffees for as long as many can remember now with multiple deals having already failed.

Textor himself has stated that he’s looking into buying Everton after his failed proposal to take full control of Crystal Palace.

Speaking to Everton News [4 September], Williams shared his thoughts on the Textor takeover.

“Lyon had a strange transfer window. Their net spend was nearly £100m, which was comfortably the highest in Ligue 1,” said Williams.

“There have been well-documented issues with the TV deal in France that meant no one anticipated that they would have the bandwidth to spend that much.

“Suggestions that they also had major FFP issues and needed to generate nearly £100m in player sales were also refuted by Textor.

“I think this gives you a flavour of how Textor would run Everton in the wider orbit of his multi-club group, Eagle Football.

“Frankly, I think the model is bad news for the wider health of the game. But from Textor’s point of view, you can pool some costs, trade players to mutually benefit each club, and create commercial synergy.”

Everton need to finalise their takeover as soon as possible

The 2024/25 season has already been hugely disappointing for Toffees’ fans. Sean Dyche’s men find themselves at rock bottom of the Premier League table without a single point to their name.

Despite decent investment into the squad throughout the summer transfer window with players such as Iliman Ndiaye and Lyon ace Orel Mangala joining, things haven’t changed much from last term.

Especially when Everton’s collapse against Bournemouth on 31 August is taken into account.

There have been deals mooted across the last couple of seasons in terms of an Everton takeover.

However, after both 777 Partners and the Friedkin Group’s proposed takeovers failed, the Merseyside outfit has found themselves back to square one.

A takeover is needed as soon as possible in order for the club to get the most out of this campaign and for them to know where their future lies over the next few years.

In reality, the ideal time for a takeover to be completed would be before January so that recruitments can be added to the squad if needed. As of right now, though, that is looking as unlikely as ever.

In other Everton news, Ally McCoist has shared his verdict on the potential relegation of the Toffees.

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