Finance Expert: John Textor 'De-risks' Everton takeover with £150m investment talks

John Textor’s hopes of completing a takeover of Everton will be boosted by his talks with potential investors, according to football finance expert Dan Plumley.... The post Finance Expert: John Textor 'De-risks' Everton takeover with £150m investment talks appeared first on Goodison News.

Sep 8, 2024 - 13:00
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Finance Expert: John Textor 'De-risks' Everton takeover with £150m investment talks

John Textor’s hopes of completing a takeover of Everton will be boosted by his talks with potential investors, according to football finance expert Dan Plumley.

The Crystal Palace co-owner has entered a period of exclusivity to acquire Farhad Mohsiri’s controlling stake at Goodison Park [David Ornstein, 15 August], but must first find a buyer for his stake in the Eagles.

Textor is understood to have already held talks with prospective investors who could provide a cash injection of £150million [Sky News, 26 August] and Plumley admits that would reduce the risk of the deal for the Toffees.

“It’s always a pragmatic way of looking at it,” Plumley exclusively told Goodison News.

“Owners need deep pockets, yes, but multiple consortiums, investors if you’ve got strength in numbers and they all have deep pockets then that’s a positive in that regard.

“It’s about spreading the risk and de-risking the investment as much as possible and as I said before, to own a club at that level in the long term you need billionaires.

“If you can get a group of people with high net worths to buy into it, I think a lot of clubs are looking towards that sort of model because of the financials involved.

“Also from a risk spreading point of view because it de-risks it from the club’s sort of side of view because you’re not just reliant on one person, there are multiple people.

“Of course, you’ve got to see what the shares look like within that, but then it’s about spreading the risk and de-risking the investment to some extent.”

Everton bidder John Textor
John Textor has entered talks with Farhad Moshiri

Will John Textor take over Everton from Farhad Moshiri at Goodison Park?

While there is still plenty of work to be done on Textor’s side before a deal can be agreed with Moshiri, it does seem as though things are heading in the right direction for the Blues to get this deal over the line.

Hopefully, the American billionaire will be able to find a buyer for his stake at Selhurst Park quickly so that talks can advance on Merseyside and the reliability of these potential investors can be tested.

If all goes to plan, supporters should be given some more clarity sooner rather than later.

In other Everton news, a loan exit has already been mooted for Youseff Chermiti after new transfer developments at Goodison Park

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The post Finance Expert: John Textor 'De-risks' Everton takeover with £150m investment talks appeared first on Goodison News.

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