24/05/2024 119comments  |  Jump to last

American businessman John Textor has admitted that he has had talks with regard to investing in Everton as he moves to sell his stake in Crystal Palace.

Textor's Eagle Football Holdings own 45% of the South London club's shares and have unsuccessfully tried to increase that to a majority holding in recent years to go with their controlling interest in Brazilian club Botafogo, Lyon in France and RDW Molenbeek in Belgium. He was also contemplating a bid for Portuguese giants, Benfica. 

777 Partners have had an agreement to buy out Farhad Moshiri's 94.1% stake in Everton since mid-September and appear no closer to satisfying the Premier League's pre-requisites for approving their takeover of the Club.

Moshiri has extended to the end of the month the deadline by which the Florida-based investment firm need to find around £220m to cover the repayment of MSP Sports Capital's loan to Everton last year and the League's demand that £60m be placed in an escrow account to fund ongoing operations.

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In the interim, the Anglo-Iranian told the Everton Fan Advisory Board in a virtual meeting earlier this week that he has fielded 'unsolicited approaches' from other potential investors, one of whom may well be Textor. 

“Yes [I’ve had conversations around buying Everton],” Textor told The Athletic. “With the existing constituents – different groups, different lenders, different equity holders.

“I’ve asked them ‘is there a way to solve all this confusion and address everyone’s problems?’ I’m very open-minded to it but I don’t want to come into a situation where I’m not really welcome.

“I’m watching it but 777 still has a contract. There are people that are close to the club who care a lot about it who are also investing."

Textor also admits that the timing may not work out given Everton's immediate need for investment and the imminent expiry of 777's Share Purchase Agreement with Moshiri.

The Premier League's ownership rules would prevent Eagle Football from taking a position in another club while they were waiting for their stake in Palace to sell. Textor has reportedly engaged investment bankers, Raine Group — coincidentally, they explored taking a stake in Everton last year — to seek a buyer.

“We’re also looking at other opportunities and we don’t need to jump right out of Palace right into something. That’d be a mistake," he expained.

“I suspect that the problem with Everton is it won’t be available by the time we would be ready for it. You can’t own two clubs in one league and we’re not going to rush the situation at Palace, no matter how good another opportunity looks.”

However, he spoke glowingly of the attractive proposition that the Toffees present.

“Everton represents the best of English football: the struggles, the glory, the want. I love that it’s out of London. Everybody should want to buy Everton right now,” he said.

“That kind of club is what I’m referring to, where the risk and the reward of your relationship and community is so great and you could come in, make promises and keep them. How great would it be to take one of these great English clubs back to sort of glory?"


Reader Comments (119)

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Dave Cashen
1 Posted 24/05/2024 at 18:08:23
Don't tell me.

Show me.

Kieran Kinsella
2 Posted 24/05/2024 at 18:19:14
Doesn't sound like this is going anywhere. He says he is in no rush to sell Palace, and expects Everton will have owners by the time he does.

Not sure why he is talking about it all to be honest because all it does is disrespect the club he currently owns and offers Everton fans nothing more than a "if things had been different maybe this guy would have bought us."

Textor Out. Next.

Danny O’Neill
4 Posted 24/05/2024 at 18:24:31
With Dave. Just sort this out and stop talking about it.
James Flynn
5 Posted 24/05/2024 at 18:40:48
I'd rather not this guy.

Joe McMahon
6 Posted 24/05/2024 at 18:42:35
Agree with everyone above.
Rob Jones
7 Posted 24/05/2024 at 18:48:31
Anybody is better than Moshiri.

But we also thought anybody was better than Kenwright.

Just as we thought anybody is better than Peter Johnson.

John Wilson
8 Posted 24/05/2024 at 18:49:19
He was refused majority shareholder at Palace. It is disrespectful to Palace though.

Moshiri had probably got several Americans interested as Everton only seem to be attracting our transatlantic cousins.

Mark Ryan
9 Posted 24/05/2024 at 18:51:30
Is this a photo of him counting the number of £20 notes he owns?

Show me a photo of a man stood next to his Tesla warehouse.

Tony Abrahams
10 Posted 24/05/2024 at 19:06:04
Only words, but I can't believe that nobody has picked up on his description of our once great club.

"Everton represents the best of English football; the struggles, the glory and the want. How great would it be to take one of these great English clubs back to a sort of glory?"

In his own words, “The Sleeping Giant” needs awakening, especially with the new stadium ready to offer the club so much scope in the near future.

Duncan McDine
11 Posted 24/05/2024 at 19:14:55
Mark (9), in that photo he was describing Moshiri and our late chairman... a couple of big tits.

Whilst it's nice to hear that some silly sod sees it as an exciting opportunity to invest in Everton, we are no closer to having a stable future.

Sean Kelly
12 Posted 24/05/2024 at 19:16:29
Talking shite but he's right about our once great club.
John Raftery
13 Posted 24/05/2024 at 19:32:40
All manner of shysters, gamblers, crooks and con merchants with their own agendas will be waiting in the wings. I suspect this guy is keener at the moment on pursuing his agenda with Palace than taking on our debts. Time will tell if he has any serious interest in our club.
Anthony A Hughes
14 Posted 24/05/2024 at 20:03:17
Textor net worth $4.3B, we'll put a fucking hole in that.

777 Partners haven't got two brass farthings to rub together, the joys of future Everton owners.

James Flynn
15 Posted 24/05/2024 at 20:05:03
"How great would it be to take one of these great English clubs back to a sort of glory?"

But not the ancient one he owns 45%, which is celebrating Selhurst Park's Centenary?


Tony Abrahams
16 Posted 24/05/2024 at 20:14:33
I don't know much about this fella James, but has he been offered enough shares to compete a takeover of Palace or is he stuck, a bit like Moshiri and Usmanov were, when they were trying to get on the board at Arsenal?

I loved his words though, because I've heard that the people who are trying to purchase Everton, have been sold a similar story. But we all know words are easy, god knows we had enough false ones off that other phoney who is no longer with us.

Scott Montgomery
17 Posted 24/05/2024 at 20:15:22
Am I wrong that Palace appear to be a well-run club, finished the season strongly and have very saleable assets?

If I'm not wrong, then I don't understand the antagonism toward this guy; he's a multi-billionaire with previous experience on the board of a Premier League club.

He appreciates the value of historic clubs outside of London and the potential for our club to be resurrected like the proverbial phoenix. Is there something about him or his organisation that I'm missing?

David West
18 Posted 24/05/2024 at 20:19:35
Yes, he sounds like an American tourist wandering around London, but it does show we are not the lost cause some will have us believe. One man's trash (Moshiri's) is another man's treasure! (Anyone with a £1B to spare!)

The way Americans and other investment people speak of the Premier League, it's really hard to not envisage a few people wanting to purchase Everton.

Premier League clubs don't come up for sale that often, not established, founder members, never relegated from the Premier League clubs anyway.

Come the end of the month surely the cards will start to be thrown on the table and other investors will have to show their hands if they are interested.

Bobby Mallon
19 Posted 24/05/2024 at 20:23:16
Scott 17 I’m with you
Paul Birmingham
20 Posted 24/05/2024 at 20:24:51
It's a critical month for the fortunes of Everton.

Hopefully there will be some real genuine intent to take over Everton, will happen very soon.


Les Moorcroft
21 Posted 24/05/2024 at 20:38:34
Tony 16.

Is it time for you to name the people you have been talking about for the last few months?

Kieran Kinsella
22 Posted 24/05/2024 at 20:51:07
Interesting articles on Textor:

WSJ from December "The American Who Fell in Love With Soccer and Bought Himself $1 Billion of Heartbreak
John Textor acquired four soccer clubs in four countries in the space of two years. It has turned into one of the most expensive crash courses in sports."

Associated Press July 2023

PARIS (AP) — Lyon owner John Textor has attacked a decision by French football's financial watchdog to monitor the club's transfer activities this season.

The DNCG ruled that Lyon did not provide sufficient financial guarantees despite the OL group's latest arguments.

Tony Williams
23 Posted 24/05/2024 at 21:17:26
I hope the fans don't think that all these takeovers by these Americans is football-related – nothing could be further from the truth.

It is nothing but an investment, it could easily be M&S or Sainsbury's they are coming in for. Stan Kroenke of Arsenal hasn't been there for 5 years but he is at every LA Rams game. The Glazers hardly ever come over to watch Man U but take money out.

They probably don't know what shape a football is.

Pete Jeffries
24 Posted 24/05/2024 at 21:19:47
Also important this week is whether the proposed new football governance bill for an independent regulator will now be delayed because of the election.

The Premier League's Richard Masters, yes him, according to Private Eye has been lobbying parliament to stop it, lying earlier that he wouldn't be lobbying MPs for or against the bill.

He arranged a drinks reception in parliament for this purpose.
Meanwhile the sport select committee's chair has asked Masters to explain himself.

A Labour MP who sits on the committee Rupa Huq accepted a ticket from the Premier League value £1,250 to the Brit Awards.

The Premier League. The whole thing stinks.

David McMullen
25 Posted 24/05/2024 at 21:30:12
Don't you often find there's a few false dawns and pretenders first before the real big names and players come to fruition?

I've no opinion either way on this guy by the way. I thought Palace owner was Steve Parish!

Soren Moyer
26 Posted 24/05/2024 at 21:39:51
"Andy Bell sells £28m in shares today".
"Farhad Moshiri has flown to Spain today for crisis talks with George Downing and Andy Bell".

Hmmm! I wonder what is going down!?
David Israel
28 Posted 24/05/2024 at 21:49:59
In contrast to some posts on here, for me this is fantastic news. Would Moshiri perhaps contemplate a swap deal?

Friends from South London where I lived for some time in the mid-70s while at university, speak highly of both Textor and their new Austrian coach; one of them is acquainted with their former player and current DoF, Dougie Freeman, whom he quotes as being over the moon with said coach and rightly so imo.

Andy Crooks
29 Posted 24/05/2024 at 22:12:19
Does no one recognize him? He's the legendary bedsit guy... without the financial muscle

John Connor
30 Posted 24/05/2024 at 22:48:46
I'm mistrustful when an American owner is involved. Most just want to take money out of the clubs they own and monetarise the product for their own ends.

Arsenal, Liverpool, Man Utd, Chelsea were all instrumental in the setting up of the European Super League, wanting league games played abroad, increasing ticket prices year on year, taking the FA Cup out of England etc.

The main attraction will not be the team but the stadium and how much money they can make from concerts, entertainment hubs etc. I know nothing of this chap but, if it does happen, the Americans will have around 14 Premier League clubs owned or partially owned by them. The number needed to vote in changes, should they wish.

I'm still in a negative mood after last season, I suppose. 😊

Tom Bowers
31 Posted 24/05/2024 at 22:52:03
I couldn't care less who buys the club as long as they have the money to get us back to where we belong on the field.

Shucks, I would even let Oprah take over.

Derek Thomas
32 Posted 24/05/2024 at 22:56:40
Why have 45% of Palace – who may have peaked at 10th –when you can have all of a sleeping (though some might say comatose) giant Everton and a new Stadium...

Somebody smells a bargain, I wonder how many more do?

Paul Birmingham
33 Posted 24/05/2024 at 22:58:02
Taking stock of this week all matters Everton.

Everton are in the Premier League for the last season at Goodison Park due to the die-hard spirit of Evertonians across the World and Sean Dyche and his coaches and the squad.

A monument of a type regardless of the future is warranted to commemorate this 2023-24 season which has been a miracle of human spirit and belief, defying science.

Everton have defied the odds and defied gravity in Premier League maths. It's time to hold fast and believe. Everton's salvation must be delivered this month.

Jim Lloyd
34 Posted 24/05/2024 at 23:01:06
I think he's been asked a question, and answered it positively. It doesn't mean he's going to buy into our club; but he's said he'd be interested if the timings were better.

Seems alright to me and it seems he's been talking to other intersted groups, possibly the two Blues who might also be interested in a gorup being formed. I think the problem is for us, we don't have a say in it and have too sit and read the papers.

He says the right things, we're a great club etc; and he might mean it. But in his current situation, he can't. I think what he's also saying is that others are very likely to be interested.

Well, we'll have to wait until the end of the month, until "Kenwright's Saviour" finds out if anyone will save him... and us!

ps: Interesting, Soren, where did you read that?

Jim Lloyd
35 Posted 24/05/2024 at 23:07:23
Think we might have to wait until at least next month, Paul, but nice sentiments there.
Barry Rathbone
36 Posted 24/05/2024 at 23:07:59
I like him, his words represent more than the usual guff.

If he's got the money sell to him as soon as 777 Partners default on their agreement.

Laurie Hartley
37 Posted 24/05/2024 at 23:26:42
Encouraging but it is one step at a time for me.

First let's get 777 Partners out of the equation. Six days to go and counting.

David Cooper
39 Posted 24/05/2024 at 23:36:27
Do we get Simon Jordan as part of the deal?
Mark Taylor
40 Posted 25/05/2024 at 00:31:01
"Somebody smells a bargain, I wonder how many more do?"

It cannot be a bargain unless some if not all of our current creditors (ie, not just Moshiri) accept they are not going to get all their money back and in Moshiri's case, pretty much none of it back apart from maybe keeping the non-BMD real estate.

Unfortunately there is currently little sign of that happening, hence no bargain.

Bill Hawker
41 Posted 25/05/2024 at 01:18:35
Love some of the xenophobic American bashing on here. Not a good look, lads.

Let's see. We've had Brit Bill Kenwright buy the club out in '99 and proceed to run it about as bad it could be run, missing out on solidifying us as a Top 6 powerhouse.

Then British-Iranian Farhad tried to finish off the club with about the worst mis-management you could possibly have at a football club…

But it'll be an American owner that ruins Everton. Why? Because they might want a return on their investment while the previous two were doing it for altruistic purposes alone.

Crying laughing here.

Don Alexander
42 Posted 25/05/2024 at 03:22:10
Us fans have spent decades tolerating the abysmal Kenwright and lately, for cataclysmic years, his personal mega-backer Moshiri.

The Palace guy is an unknown, just as Moshiri was, but he's marginally (compared to nation-state owners) allegedly wealthier than Moshiri. Given that he, and every other club owner, is only interested in increased wealth from their club ownership, what have we, on the very brink of administration and destruction, got to lose if the bugger buys us?

We're in a quicksand folks, in no position to disdain any branch that may merely offer a way to possible, repeat, possible survival.

That's the legacy of the massive injury done to us for decades by that bastard Kenwright.

Alan J Thompson
43 Posted 25/05/2024 at 05:05:26
Wouldn't it be nice if somebody wanted to buy Everton because it is Everton and not part of some sort of football club portfolio, an owner of one club because he wants to see that club run properly and successfully and it would help if that buyer was an Evertonian or it at least grew on him?

I suppose it is possible to own several successful clubs at the same time but I would want somebody who dedicates himself to making one of them the very best rather than giving the impression that it is just a way of making more money.

Mind you, we have had one who by all reports made a fortune he never got to enjoy out of it while at the same time one who seems to have lost a packet on the same investment.

Kieran Kinsella
44 Posted 25/05/2024 at 05:07:42

How can it be xenophobic to criticize a British colony that has temporarily lost its way?

Mike Gaynes, Jamie Crowley, Dale Self and co will soon realize the error of their ways and pay deference to the almighty leader — King Charles III.

Robert Tressell
45 Posted 25/05/2024 at 05:51:28
Alan # 43, personally I see our brightest future as being part of a stable of international clubs. It's not very traditional, and it's not how we did it last time we were successful 35 years or so ago.

As you say, it would be nice if we could find an owner that wants to concentrate on restoring the greatness of Everton alone but that person does not exist (or at least such a person with deep enough pockets does not exist). We missed the boat on the genuine billionaire sugar daddies some years ago and things moved on.

So we need to find a way to compete with the self-appointed Premier League / Champions League royalty without their resources. The multi-club model offers a way to source and develop top-class players, bypassing some of the excesses of the cripplingly overheated transfer market.

Obviously Leipzig famously do this with Liefering and Salzburg in Austria (as well as other clubs around the world). But Manchester City do it too. This summer they will sign Savio – but really he's already their player. They originally bought him for affiliate club Troyes in France and loaned him to affiliate club Girona in Spain. They do this because even they cannot afford to buy the finished article at market rates all of the time.

Similarly Brighton do it. Their sister club Union Gilloise, also owned by Tony Bloom, has just won the Belgian title for the first time in their history.

Although the model is non-traditional and even arguably distasteful, we will get left even further behind if we continue to go it alone without a more sophisticated way of sourcing and developing players. The multi-club model is the most obvious route. There may be others.

Unfortunately, sticking to a very traditional, non-innovative way of doing things has made it ridiculously easy for more sophisticated and innovative smaller clubs to overtake us.

Danny O’Neill
46 Posted 25/05/2024 at 06:21:29
Thanks for the wake-up call, Don! Straight to the point and from the honest Everton heart as always! Respect.

To others, I've worked for several organisations headquartered in The States. I spent many years working alongside our US military allies. Nothing but respect.

One thing you get from the Americans is professionalism and removal of the emotion. They can leave that to us supporters.

You only have to look across the park if you can stomach it.

The multi-club ownership seems to be a modern theme. It could work well for exchange of players.

Laurie Hartley
47 Posted 25/05/2024 at 06:39:39
Robert # 45 - your post makes a lot of sense to me.
Bob Parrington
48 Posted 25/05/2024 at 07:05:22
Just concerned about the negative reaction in the early posts to this article by Lyndon. IMO, Textor made some excellent comments that should boost our confidence that not the whole business world thinks Everton is a worthless potential investment.

Scott @17, Bobby @19, David @28, Barry @36, Robert @45 and Danny @46 – thanks guys for putting a more positive outlook on what might be an important input in to our recovery.

For all those who have been negative, I say, I understand your feelings but negativity gets us nowhere except going to the lowest common denominator, when we should be reaching for the highest common multiple.

I'm interested to read what Mike Gaynes might write about Mr Textor, from his USA knowledge.

Whatever we think, we need to move forward with exactly the right formula, no half-full positions. COYB

Mike Hayes
49 Posted 25/05/2024 at 07:24:14
Robert @45,

We do the same but with knackered players and offer them huge contracts to hide their inadequacies. 🥳

Dave Evans
50 Posted 25/05/2024 at 07:27:59
A guy is saying we are a historic and passionate club with great potential. What's not to like… and why all the anti-American placards?

The suggestion seems to be nice billionaires from Europe, Asia and Arabia are in a queue. So let's choose one of them first. Kid's stuff.

Jerome Shields
51 Posted 25/05/2024 at 07:50:35
He is a mouth looking for publicity.
Colin Glassar
52 Posted 25/05/2024 at 07:59:58
I don't know what all the fuss is about (for and against).

The man said himself, it's highly unlikely he'll have time to sell his shares and invest in us. Storm in a tea cup?

Martin Farrington
53 Posted 25/05/2024 at 08:44:25
I can't understand the negativity by some. That is my dominion. I own the copyright. So cease and desist.

The Palace lad speaks nothing but praise for Everton.
Bigs us up. Gives out more information about a lot of background regarding questions we have wanted answering for some time (as opposed to us guessing).

Something that the slimy Moshiri could have done way back, but showed his ineptness by failing to and people see their arse!!!!! What???!!!

We are the most indebted club in the Premier League by a mile. Maybe the world. About as attractive as Cherie Blair after a night on meth & fentanyl.

Owe a global Ponzi scheme hundreds of millions (which takes some doing). Despised by the league we are in. So much so that they dock us points whilst handing the 115's the Premier League winners trophy.

Man. Some people!

Robert Tressell
54 Posted 25/05/2024 at 09:01:46
Martin # 53. Would it be me taking the meth and Febtanyl or Cherie Blair?
Michael Lynch
55 Posted 25/05/2024 at 10:15:53
He's not the one, simply because – as he clearly states – the timing is wrong.

Having said that, his take on it is interesting. Of course, it might all be bullshit, but the idea of a club outside London with strong ties to the commmunity, "the struggles, the glory, the want" – he either gets us in a way that we, as fans, get us, or he's been reading ToffeeWeb.

Michael Lynch
56 Posted 25/05/2024 at 10:31:53
As an aside - on Twitter there's a guy called x-jadey who's a Palace fan and he makes Textor sound pretty similar to 777 - salaries not being paid at one of the clubs, another one under investigation amid a potential transfer ban.

So is it just that Textor and 777 are dodgy as fuck, or is that this whole American multi-club model is fatally flawed and built on slight of hand? Chicken, egg?

Matt Traynor
57 Posted 25/05/2024 at 11:47:32
Michael #56, I suspect you mean "frying pan, fire?" at the end there.

Never a dull moment with Everton these days. If the ownership situation drags on into the summer, we can probably say goodbye to Branthwaite, Pickford and Onana, and hello to a few freebies, loans etc. again.

Frank Crewe
58 Posted 25/05/2024 at 12:22:01
Just who is a good owner for a big Premier League club?

After Leeds were relegated I saw many comments from their fans complaining about their owners. Man Utd fans have been complaining about their owners for years. How many times have the Reds griped about FSG?

Fans appear to want owners who are both very rich but totally hands-off. We basically want their money but not them. But the fact is that any "billionaire" owner always comes with baggage.

Owning and financing a large Premier League club is an expensive business. The days of the local business man are long gone. Now, it's all "consortiums" and dubious foreign billionaires who got their cash under suspicious circumstances, to say the least.

As ordinary fans, we will have next to no say in any of this. All we can do is hope for the best. Because if we are hoping for a super rich "honest man" to take over the club, we are in for a big disappointment.

Pete Jeffries
59 Posted 25/05/2024 at 12:29:48
Like Tony W #23 says, it's about the money. But also power, these billionaires play a ego power game, my club's bigger than yours.

We are building a fantastic stadium the new jewel in the crown for the city of Liverpool as well as EFC. I doubt our neighbours the Red Soxx gang for example know anything about the city of Liverpool.

Where were their voices of support last season when we were in big trouble, despite us all supporting them in the past for example when things went tragically wrong at Hillsborough???

Sadly, those days of mutual support and friendly rivalry have well gone.

Martin Farrington
60 Posted 25/05/2024 at 13:24:03
#54 Robert.

You and Cherie both Speedballing before crashing a meeting between Moshiri and 777 wearing Usmanov masks whilst acting out the infamous robbery scene from Pulp Fiction.

Billy Fisher
61 Posted 25/05/2024 at 13:39:50
Sounds like he thinks he won't invest in Everton, but just bigged us up no end and telling everyone what a great club we are to invest in.

Helps us to attract buyers. Ta for that!

Jamie Crowley
62 Posted 25/05/2024 at 13:43:38
Bill @ some number -

Anyone suspicious of an American owner has a right to be. There’s countless examples of American owners mucking up English football clubs. And yes, they are in it for the investment - they’re businessmen, no evil in that (sans greed if applicable).

Conversely you only need to look across the park to see just one example of solid American ownership.

Any American taking offense to any Brit expressing reservations about American owners is a bit too sensitive for my liking.

Be wary but optimistic of any new owner, be they American or otherwise. But expressing a reservation exclusively of American owners is not xenophobic at all. There’s a culture at play, a way of viewing situations and investments that can absolutely “lean American”. Nothing wrong with pointing that out.

Sensitive types will always be... sensitive.

Jamie Crowley

Stereotypical gun-ho Murican and proud one at that.

Dale Self
63 Posted 25/05/2024 at 14:08:24
Verily, verily Kieran 44. I was lost but now am found. I'm going into a verse or two of Jerusalem now: “And did those feet in ancient time walk upon…”
Ed Prytherch
64 Posted 25/05/2024 at 14:37:23
The biggest laugh at you xenophobes is that you are having a national election on US Independence Day.

Americans got it right 248 years ago.

John Hall
65 Posted 25/05/2024 at 14:46:52
What is he saying in the picture?

Maybe it's “If I'm going to take over Everton. I'll need balls this big!” ;)

Colin Malone
66 Posted 25/05/2024 at 14:49:56
Today. NewsNow, mention of Middle East interest.

Remember, The Middle East have no sanctions with Russia, equals Usmanov, which doesn't bother me.

Barry Rathbone
67 Posted 25/05/2024 at 15:19:38
I think the problem with American ownership is not to do with making money on their investment. People still cite FSG as a shining example yet kopites would have them out in a heartbeat, only the appearance of Klopp has saved their bacon. Why?

They're blamed for not buying Haaland, Mbappe et al; it doesn't matter how many shirts they sell or how many extra seats they shoehorn into Anfield, they can't afford elite players and they're despised for it. Plus they just have no affinity with fans.

Their ill-judged leadership of the Super League and hiking of ticket prices caused revolts resulting in groveling apologies and fans see a watered-down Hicks and Gillet. Just another crew of Yanks that just don't "get it".

The suspicion is Yank owners think themselves a tad smarter than dullard UK fans and do things that might make economic sense but that alienate the dullard multitudes.

I agree with the Yank philosophy but feel they need to be more open about it. Perhaps getting stuck in via an open letter in the match program with the words "arseholes" and "rats" featuring prominently.

Dale Self
68 Posted 25/05/2024 at 15:49:22
Harsh, Barry, but a fine rant there mate. The Yankicans can be derided for thinking they wrote the book on capitalism which is a crazy ass vampire no one owns.
Brent Stephens
69 Posted 25/05/2024 at 15:52:10
Blame the protestant ethic, Dale!
Bill Hawker
70 Posted 25/05/2024 at 16:09:31
Jamie #62,

A bit sensitive in pointing out facts?

Erm… okay. Also, I get there have been some previous American owners who have not done well in ownership. But for every one of those, I can find an equally poor “local.”

I frankly don't care where the next owner comes from if they put Everton's best interests first followed by sensible board appointments, financially sound practices so that we never go through this again, and increasing our marketing and commercial prospects.

If that's a UK-based, American, European, etc… owner, I don't care. Their location doesn't matter much to me.

Stephen Davies
71 Posted 25/05/2024 at 19:10:48
From a Palace Fan:

He doesn't. He is a smoke and mirrors guy, leverage this from X to buy into Y.

Google Lyon and financial statements and see what he's done to them.

Our chairman didn't let him loose with Palace assets. We fought him about trying to lump his shares into investment vehicles.

Honestly fella be might be better than what you currently have but imo his empire is built on a house of cards.

I hope you get an owner who actually has clean money. Really hard in this day and age tho.

No idea if he'll even be able to sell 45% of Palace.

Jay Harris
72 Posted 25/05/2024 at 19:19:24
The Esk made a comment recently about some party taking over temporarily to sort out the finances and the repackage it for another party.

Maybe the development with the Palace guy may have something to do with ESP taking temporary control subject to renegotiating the loans and getting the club into shape.

On the subject of nationality of ownership, personally speaking, I don't give a fuck where they are from as long as they have people running the club that understand the game and can manage the club well.

We have extreme examples of good and bad. Randy Lerner at Villa who got personally involved and didn't have a clue: and FSG who sought out top football directors and management and let them run the club.

We all know why EFC went wrong with an absentee owner who interfered from his Monaco base and an egotistic greedy conman who enriched himself with his own self-indulgence of presiding over the club for 25 years.

Anyway, I hope we will know where we are going in just over a weeks time.

Jerome Shields
73 Posted 25/05/2024 at 19:23:41
Possibly my earlier post appeared a bit flippant but individual investors are not what Everton needs and I think they all know that. Everton needs a professional company who have expertise in corporate recovery.

Everton's finances and corporate structures need to be restructured. Individual investors would be more of the same. In the case of Moshiri, he appears to have done the opposite or not have done what he should have done most of the time.

Stephen Davies
74 Posted 25/05/2024 at 19:23:48
Eagle Football, the holding company headed up by John Textor, which manages a number of football club investments, including Botafogo, Crystal Palace and Molenbeek, alongside Ligue 1 team Lyon, appears to be running low in cash.

This has emerged following French football's financial watchdog, the DNCG, demanding that John Textor finds an additional €60M to inject into Olympique Lyonnais before 30 June, or else face sanctions from the governing body.

Derek Knox
75 Posted 25/05/2024 at 19:42:16
Like when we are linked with Players X Y and Z, I will believe it when he is pictured and wearing the shirt at Finch Farm.

Having said that, I hope this fella's revelations about a sleeping giant and its potential may just stir up interest from further afield!

Time is getting perilously close though to the deadline.

Deborah Maria
76 Posted 25/05/2024 at 19:56:58
Ed @64 ,

The Yanks haven't got too much right in the last 248 years have you? So why don't you leave football to us little Englanders?

Brian Wilkinson
77 Posted 25/05/2024 at 20:08:27
,Easy solution: sell his 45% shares to 777 Partners, then throw his hat into the ring at Everton.

Do you reckon the Premier League would sniff us out if Moshiri paid 777 their money back, 777 bought Palace shares, and Moshiri gets his money back off the Palace guy?/p>

Soren Moyer
78 Posted 25/05/2024 at 20:22:10
Jim #34,

"ps: Interesting Soren, where did you read that?"

According to Alan Nixon on https://www.patreon.com/ and The Business Desk.

Soren Moyer
79 Posted 25/05/2024 at 20:48:22
Stephen Davies
80 Posted 25/05/2024 at 22:14:38
Downing also sold £200M worth of his properties.
Dan Parker
81 Posted 25/05/2024 at 22:54:44
Even if he doesn't buy the Blues, it's refreshing to see someone recognize the potential of reinvigorating an absolute giant of a club with the best fans in the world.
Derek Knox
82 Posted 26/05/2024 at 06:29:56
Dan @ 81, my sentiments entirely mate, we will probably never actually know how much of a financial mess the Maggot and Moshiri has really put us in.

I also hope if and when it does get sorted that we have an owner who doesn't interfere, with "Let's buy X, Y and Z", sacks the manager, and go for a more recognised name.

Sean Dyche has worked miracles this season; it hasn't been pretty for much of it but, despite two lots of point deductions, we have still finished with plenty of breathing space.

I also hope that money will be provided in plenty of time to bolster the squad, hang on to Branthwaite, McNeil, Garner etc. A few have contracts expiring (high earners); let them go and reduce the age of the squad considerably but still retaining the likes of Coleman and Tarkowski!

Jerome Shields
83 Posted 26/05/2024 at 08:27:06
Derek, you are right. There is a lot we don't know about. The parties involved are probably in a similar situation and some of them haven't a clue either.

Though by all means keep trying to find out.

Brian Harrison
84 Posted 26/05/2024 at 10:34:11
Well just 5 days left of the extension 777 got from Moshiri, and then we will have a better idea of what's likely to happen. Even if there are other bidders waiting to step in and even if they are the right people to own EFC, it will take months before the Premier League will ratify their takeover.

While the new owners wait ratification — Who calls the shots? Who makes the big decisions that need to be made? We have literally a few weeks to balance the books regarding P&S and Dyche and Thelwell will need clarity over possible expenditure.

Michael Kenrick
85 Posted 26/05/2024 at 12:08:34

I know you can be something of a worry-wort, but I'm curious now:

"Who calls the shots? Who makes the big decisions that need to be made?"

Sorry but how is this any different than the past 8 months? Or are you saying – like many others on here for months now – that we "have no board"? [Spoiler alert: We have.]

We also probably have some sort of executive managerial structure within the club who actually do most of the work.

Now whether any of these folk are the right people to be doing this, or are calling the right shots, I couldn't possibly say… but I'm pretty sure they exist, are in position, and will continue in position… that is until your other Domesday scenario of administration takes hold.

Peter Hodgson
86 Posted 26/05/2024 at 18:57:04
I honestly don't get all the anti American comments in this and other threads. Yes, maybe that applies in certain cases but by no means all.

Today we are in a different world whether or not we like it and football is now just the same as any other business. There are good and bad owners and good and bad organisations and individuals running those businesses. For every bad American business there is more than likely a bad European one. We have had a few bad ones.

What has to be remembered is that whoever decides to invest in Everton will, quite rightly expect a return on that investment over time and as long as he (they) do the necessary and don't bleed the Club dry in the process then that is to be expected and welcomed as it means that the Club is being operated properly and profitably.

The new owner(s) will come to the Club with a clean sheet. Time will tell whether they are good or bad but if you consider and reflect on the track record of our recent, and not so recent, owners I think you would be right to decide that our UK owners have not been the best (understatement). Moshiri, a dual British citizen, maybe started with the best of intentions but hadn't got a clue and made a pigs ear of it. Were any Yanks involved we can blame. No.

History tells us much if we bother to have a look at it. My take on it is that you learn by observing and never take anything as read or what you are told and only time will enable the truth to emerge.

Fingers crossed with the hope that we are lucky this time around. We are due a change of fortune.

Mark Ryan
87 Posted 26/05/2024 at 19:13:38
I'm reading potential ceasefire in Russia. Will Moshiri hold out for a potential lifting of sanctions?

Maybe this will affect his thinking… Usmanov back on board? Am I paranoid???

Brian Williams
88 Posted 26/05/2024 at 19:34:02
Yes... and it's in Ukraine we need the bloody ceasefire. 🤣

Seriously though, there's no chance of a ceasefire with the conditions that half-wit is putting forward.

Dupont Koo
89 Posted 27/05/2024 at 02:20:05
A Swap trade between Textor and MSP Partners would do the trick quickly (if Textor is confident that he can deal with repaying Moshiri's £450M shareholder loan and the £210M due to Rights & Media Funding):

His 45% stake of Crystal Palace + cash (the amount could certainly take some time to agree upon)


MSP's £220M loan ownership (some reports cited £160M?)

When the Swap is done:

1) Textor can get rid of his Crystal Palace ownership in the quickest fashion and immediately convert the ownership of that MSP Loan into 50% + 1 share of Everton Football Club

2) MSP, never having a single iota of interest running a Premier League Club (let alone one with horrendous debt), would see their investment transferred to a much more sound Premier League Club (as painful as I typed this) and immediately become a Partner with major say alongside fellow American and competent sports team owners Josh Harris and David Blitzer (who own a portfolio of other top tier sports Team in the NBA & NHL).

Jeff Moorad, CEO of MSP, used to be a Super Agent and has established a relationship with Harris and Blitzer. So that surely would clear a lot of hurdles (though Steve Parrish, current Chairman of Palace, is one very tough cookie to deal with. Hence, Textor's wish to get out of Palace)

So, a win-win situation.

Ajay Gopal
90 Posted 27/05/2024 at 04:38:49
A most sensible post, Peter Hodgson (86).

I am reminded of the famous quote attributed to Deng Xiaoping – "It doesn't matter whether a cat is white or black, as long as it catches mice”!

Brian Harrison
91 Posted 27/05/2024 at 09:21:56

I have never heard that term worry wort, but if it means I worry about my club passionately then I will own up to being a worry wort.

The doomsday scenario of administration isn't just my scenario, many more qualified people than me have raised that prospect, and just to be clear that is the last thing I want to happen. But to bury your head in the sand and completely rule it out is classic head-in-the-sand thinking.

You also say we 'probably' have a managerial structure in place, well maybe you could share who is in that structure and what part they play. Colin Chong was brought in by the club to oversee the stadium build, not to be an interim CEO.

What part other directors play I have no idea and therein lies why I questioned who was making the decisions, as even Sean Dyche seems completely in the dark over what budget he has, if any.

Mark Ryan
92 Posted 27/05/2024 at 09:59:31
Ha ha, you knew what I meant, Brian. That's a no then... lol!!
Tony Abrahams
93 Posted 27/05/2024 at 10:48:06
It's slowly starting to come to the boil although it's more than a boil that needs lancing from our once great club.

My guess is that Rights & Media Funding are going to be the biggest stumbling block because 777 Partners will just want as much of their money back as possible whereas The Mozarts of Money, are hopefully going to be getting their tap completely turned off.

Steve Brown
94 Posted 27/05/2024 at 11:48:10
The value of the club is decided by investors (not accoutants). They will look at the player valuations, new stadium, money from TV rights, and see huge opportunity to grow revenue and profit over time.

The club has a large structural debt v assets, but the debt can be restructured over a longer term. In fact, it will have to as the unsecured debt that 777 and Moshiri are exposed to will never be repaid if we go into administration.

Those with secured debt (Rights & Media Funding and MSP) will also need to be sensible, and I think they can be persuaded. Otherwise, they will have security on something that will be difficult to dispose of.

Raymond Fox
95 Posted 27/05/2024 at 19:31:27
Whoever buys the club will be looking at it as a business investment – why else would they buy it??? some of you need to get real. At the moment, we can't be too choosey who they are.

I'm confident something will be sorted out one way or another, we have had the club carved up in different ownership ways for most of the club's existence… why not now?

Stephen Davies
96 Posted 27/05/2024 at 21:10:36
From Alan Meyers:

It's likely an agreement with MSP, who have already invested in the club, and Moshiri would fund the club short-term until Textor is in a position to complete the purchase.

Textor would buy the club, is my understanding.

Stephen Davies
97 Posted 27/05/2024 at 21:15:27
Also, Textor is not on his own with regards to having an interest in buying the club.
Neil Copeland
98 Posted 27/05/2024 at 21:24:08
Stephen, I have read the same posted on Everton FC fansite. No idea how reliable that particular site is but Alan Myers is generally a good source.

Interesting if true, will there be any funds available for players? Unlikely I would think without selling at least one player.

Stephen Davies
99 Posted 27/05/2024 at 21:29:45
Yes, Myers is a good source. He generally doesn't post such information without a good reason.
Danny O’Neill
100 Posted 27/05/2024 at 21:35:11
Neil, Stephen, I just hope we sort it out as the dogs are anxious and will be in for a long few weeks or months of me rambling!

When is the fixture list out?

Neil Copeland
101 Posted 27/05/2024 at 21:44:50
Danny, preseason plans would be a good start!
Jeff Armstrong
102 Posted 27/05/2024 at 21:46:51
He’s going to have to sell his Palace stake first, this could drag on for a while, if true.
Paul Hewitt
103 Posted 27/05/2024 at 22:06:05
Interesting. But unlikely to happen.
Les Moorcroft
104 Posted 27/05/2024 at 22:13:49
MSP to take over until he sells his Palace shares?
Barry Rathbone
105 Posted 27/05/2024 at 22:16:27
Hoping if Tex turns up he re-enacts this scene from a movie at the Xmas do. An imaginary fiver to those who know the movie:

Lili Von Shtupp: "Hello, cowboy. What's your name?"

Tex: "Tex, ma'am!"

Lili Von Shtupp: "Texmam? Tell me, Texmam, are you in show business?"

Tex: "Well, no..."

Lili Von Shtupp: "Then why don't you get your fwiggin' feet off the stage?"

Tony Abrahams
106 Posted 27/05/2024 at 22:31:19
I was just about to answer that, Barry, but I would have been blazing, waiting for my fiver!
Dermot O'Brien
107 Posted 27/05/2024 at 22:33:36
Barry, he wore a shiny star.
Barry Rathbone
108 Posted 27/05/2024 at 22:49:44
Tony and Dermot are today's winners.

The ring-fenced cash is on its way, ahem!

Craig Harrison
109 Posted 28/05/2024 at 00:40:16
Is it possible for him to place his shares of Palace in a holding company pending a sale? In such a way that he has no direct control.

Or simply gift them to his wife or whoever. Isn't that basically what Moshiri did with his Arsenal shares.

Paul Hewitt
110 Posted 28/05/2024 at 06:44:18
Craig @109.

I would think he would need the money from the sale of his Palace shares before he could even think of buying Everton. If this was to happen, I can't see it being done until at least the end of the year.

Ian Bennett
111 Posted 28/05/2024 at 08:34:03
Uk football rules state you can't control 2 clubs at the same time. He has to sell his Palace stake before ge can buy Everton.

Till that happens we drift along unable to compete in the transfer market.

Brian Harrison
112 Posted 28/05/2024 at 10:33:53
Textor bought 45% of Palace for £90M but wants out because he can't buy the club outright. I don't know how much his 45% shares in Palace are worth, but I don't think it would be enough to buy Everton.

Also, I believe his shares in Palace have been up for sale for a while, so him getting involved is dependent on him selling his shares.

And now he has declared why he wants to sell, I am sure prospective buyers of his Palace shares will no doubt try and get them for a bit less than they're worth knowing that time is critical.

He also mentions working with other groups to help him purchase the club, I presume that would include MSP and, seeing that Rights & Media Funding objected to 777 and MSP buying the club, I wonder what their stance would be on Textor and MSP buying the club?

Mark Ryan
113 Posted 28/05/2024 at 14:16:23
Reading these reports and these numbers is staggering.

What I find more staggering is why one of the Qatari families is not snapping us up and having their fun with a Premier League team on the banks of the Royal Blue Mersey.

I find that very odd. What's not to love about our club? Kenwright's gone, hasn't he?

Michael Kenrick
114 Posted 28/05/2024 at 15:37:48
Neil @98,

Just curious: when you say "Everton FC fansite", can you say what site that is? Thanks!

Neil Copeland
115 Posted 28/05/2024 at 16:16:46
Michael @114

Yes of course, the site is on Facebook and actually calls itself “Everton FC”. They use a sort of blue badge type of crest which has “Everton FC” across the top and “NSNO” across the bottom.

No idea how credible they are, it was the reference to Alan Myers that made me take notice.

Hope this helps.

Jay Harris
116 Posted 28/05/2024 at 16:21:30

It's quite simple: Textor loans the money to MSP who hold the shares for him until he has sold his Palace shares.

Palace shares are probably on a high right now given where they eneded the season so I don't think he will have much trouble unloading them.

And I add the Premier League have apparently said they would give him a period of grace to sell his Palace shares if he invested in Everton too.

Sean Kelly
117 Posted 28/05/2024 at 18:32:23
Until he has his Palace money in the bank, he's just mouthing off.

He a bit silly telling everyone where he would like to invest his palace money. Money men will wipe the floor with him to get his shares on the cheap.

Brian Wilkinson
118 Posted 28/05/2024 at 19:37:54
Sean, he paid around £90M for his Palace shares, he sniffs a bargain at Everton and knows once the new stadium is completed it will be worth a lot more than it is now.

I don't think he will be too bothered not getting his full amount back. He could take overall control of Everton Football Club, get a stadium naming rights, bigger sponsorship coming in, more commercial value, more revenue on increased season ticket sales, hiring the stadium out… no wonder he wants out of Palace for Everton.

Ray Jacques
119 Posted 28/05/2024 at 20:17:17
If the richest person who ever lived bought EFC some people on here would still not be happy!!!!!
Brian Williams
120 Posted 28/05/2024 at 20:32:17
There are loads of Everton related "sites" on Facebook. Most of em by Africans, and most of em spouting absolute shoite!
Neil Copeland
121 Posted 28/05/2024 at 21:05:33
Brian, agreed and not trying to particularly defend the one I referred to but it was established in 2015, has accounts on Instagram and Twitter, 192k followers and is run by Everton fans (apparently).

Still may be shite I know but the information posted was claimed to be a quote made by Alan Myers which suggests there may be something to it. There again…

Lord Hughes
122 Posted 05/06/2024 at 01:47:27
Robert @45,

I agree that our best chance to compete is as part of a well-run multi-club model. We an send some of our youngsters out to get proper first-team football and bring over anyone showing promise.

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