Textor granted exclusivity to pursue Everton takeover bid

File under, not going to happen.

Then, when you sell the Palace shares, come back to Everton later down the line to put your 30% offer in. Textor will get the control, and you will get your 30% at a later date.

My concern is to do with opening up our financial secrets to the owner of a direct Premier League rival.

Given our current problems on and off the pitch, that is a very real concern with what could be done with such information.

I would rather he be forced to sell his Palace shares before giving him the Everton key to snoop around at anything he likes.

No surprises to hear him speak in wide, general terms of English football and big 'money generating' potential of clubs.

It's business, not passion. Everton have far more potential than Palace except for the pull of London.

Will a takeover be completed before we next win some silverware?

That would probably mean we're unlikely to be sold until the 777 case is sorted. And that could take years…

Simple as that really.

On the one hand, it may show how much Textor wants to make this happen, but at the same time reveals how much all other potential buyers may be staying far far away.

Make it stop.

''We do collaborate with his clubs where we can. He (Textor) wants to go and do something else, we're helping him do that.''

Sounds quite hopeful to me. I know – it's the hope that kills ye.

If it's not alright, it's not the end.

As for his Palace shares. Textor has already rejected an offer from fellow shareholders to buy him out and, whilst I am only guessing, for Moshiri to enter a period of exclusivity makes me suspect they or someone else have/has come back with an increased bid.. Time will tell.

I've got a feeling that he doesn't actually need to sell those Crystal Palace shares until he actually buys Moshiri's Everton shares.

Given the timescales involved, the takeover bid probably wouldn't be submitted to the Premier League for them to conduct their Owners' and Directors' Test until after John Textor's team has satisfied themselves that the problems The Friedkin Group encountered would be surmountable (even though Paul Quinn has told us they are insurmountable).

And I don't think I've seen this stated in any of the Textor tales but the Premier League rules would allow him to retain up to 10% of Crystal Palace shares, as this would not constitute a 'Significant Interest' in another club.

How exciting!

Yes simple at that, I wish you had posted earlier, save me going round the houses over-thinking on my post. :-)

Although the Premier League have added an extra independent review that will also add time to the process.

Textor I think will be joining Everton with the Eagle consortium. He said he wants to put Everton where they belong. Friedkin said, we're unresolvable, according to Paul - The Esk. Clearly not, Paul, if Textor has entered into exclusivity.

He's said to be desperate for this deal to go through.

There must be some subtle difference but I just can't quite place it.

Let's see how he feels after a good peruse of the accounts.

Are all these guys just looking at our books to get an idea of how you bring a historic institution to the brink of collapse? Or how not to run a Premier leauge club?

These accounts must be like a manual of how to waste 500m. Like a modern day Brewsters millions.

It's been previously reported, he can either sell his Palace shares or put them in a blind trust until they can be sold. Saying he can't own both is wrong.

It will be interesting when he gets to the 777 issue. This will clear if it's a real issue or a price chip point from Friedkin.

Exclusivity seems like buses. Been Msp, 777, Friedkin and now Textor.

I'd like Textor. He owns Lyon and the Brazilian club. The multi club thing is here to stay, and Everton being top of that is fine by me.

Textor sell Friedkin a 30% minority stake, and give us the fire power and business excellence to get to the top.