American businessman wants to sell Palace shares – wants to buy Everton

American businessman wants to sell Palace shares – wants to buy Everton

The 58-year-old American cannot own shares in two Premier League clubs at the same time. It forces him to leave the Palace project if he is to go heavily into Everton.

Earlier this month, Everton owner Farhad Moshiri is said to have given Textor exclusivity for a period to come with regards to buying the club.

In a statement on his own website on Friday, Textor reveals that he has tried to increase his stake in Palace, so that he gained control of the London club. Now he has instead turned his attention to Everton.

– We can confirm that we are interested in selling our shares in Crystal Palace, largely in order to be able to pursue a possible relationship with Everton and the environment there, says Textor.

Owns many clubs

The American’s company, Eagle Football Holdings, already has stakes in a number of other football clubs, including French Lyon, Brazilian Botafogo and Belgian Molenbeek.

– Supporters’ trust is not earned quickly, but I believe that we are particularly well qualified to serve them and deliver results, says Textor.

– I think it is more likely than not that I will soon be able to refer to a new club as “my club”. Time will tell, he adds.

Two other attempts to buy Everton have collapsed in the past year. American investors were also behind them.

Downhill

British-Iranian businessman Farhad Moshiri invested heavily in the squad and also started work on a new stadium when he took control of the Merseyside club in 2016.

However, Everton have recorded heavy financial losses during his reign, and the results on the pitch have also been poor.

The club has struggled to avoid relegation for the past three years and was deducted eight points last season for breaching financial rules.

Everton began the current season with a 0-3 loss to Brighton last weekend.

#American #businessman #sell #Palace #shares #buy #Everton
2024-08-24 20:55:05

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