Exclusive: John Textor was ready to wire over funds to buy Everton before curveball

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.

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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