Everton buyer suddenly withdraws from takeover talks - report

John Textor has “suddenly” pulled out of talks to buy Everton after being in talks over a bid, according to Bloomberg.

The outlet reported via their online newsletter on 7 June that the head of Eagle Football Group and part owner of Crystal Palace had departed from the scene, narrowing the field of possible buyers.

It was unknown whether the American would have been able to pull off a move for the club despite approaching Farhad Moshiri over an offer [Bloomberg, 6 June], given Premier League rules would have required him to sell his stake at Selhurst Park which has so far proven tricky for him.

Bloomberg journalist David Hellier wrote in an 8 June Twitter post that while Textor, who was “seen as a bidder” for the Toffees, had apparently exited the picture the situation remained “fluid”.

John Textor was briefly seen as a frontrunner for a takeover after 777 Partners’ bid ended [Sky Sports, 27 May], but he has confirmed to Goodison News that this was never the case, and it appears he is no longer in the race at all.

John Textor out of Everton takeover race

In the immediate aftermath of the 777 failure Textor emerged with a vocal interest [The Athletic, 26 May] but the major hurdle of his Palace holding perhaps makes it no surprise that he apparently doesn’t see an Everton push as viable.

George Downing and Andy Bell are now being backed by computing billionaire Michael Dell for a bid of their own [Daily Mail, 8 June], while Roma president and owner Dan Friedkin has just emerged as another rival [Sky Sports, 8 June].

In that context it would seem to be a difficult prospect for Textor to move forward with a realistic offer of his own.

As the situation indeed remains fluid it is perhaps impossible to rule him out of the race entirely dependent on future developments.

But just as it appeared the field was rapidly widening it looks to have contracted again slightly at this stage, although Moshiri clearly now has options.

Interest in Everton, despite the difficulties that have engulfed the club in recent seasons, always seemed logical, and it is finally being proven so now that the 777 agreement has moved aside.

In other Everton news, a cut-price exit deal is now on the cards in what would be a “huge blow” to Sean Dyche.

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