Season › 2024-25 › News Everton deny Textor is in town to meet with Moshiri Lyndon Lloyd 21/08/2024 45comments | Jump to last Everton sources have denied a report in The Guardian claiming that American billionaire John Textor was in Liverpool to meet with Farhad Moshiri today. The Blues' owner was on Merseyside to attend a board meeting at the Royal Liver Building and visit the new stadium at Bramley-Moore Dock but, contrary to a report from the tabloid, Textor did not meet with him to discuss his ongoing interest in a takeover of the Club. Citing their sources, Ed Aarons and Will Unwin claimed in The Guardian that Textor travelled from London to Liverpool as he looks to agree a deal for Moshiri's 94.1% stake in Everton "in the next few days" but the Liverpool Echo's Chris Beesley reports says that his newspaper has been told by Club insiders that nobody from the Textor camp was with Moshiri for a scheduled visit that had been in his diary for a while. The Echo report goes on to suggest that, "[d]espite the 69-year-old's ongoing attempts to offload his 94.1% stake in the club and his absence from a Premier League fixture at Goodison Park since ... October 23, 2021 ... Moshiri still watches all the Blues' matches wherever he is in the world at any given time. Article continues below video content Moshiri's two attempts to sell his shareholdings, to 777 Partners and the Friedkin Group, both collapsed earlier this year, leaving both him and Everton in limbo. Textor, who still has to offload his 45% stake in Crystal Palace before he can buy more than 9.9% of another Premier League club, is the latest suitor to have expressed an interest in buying the Anglo-Iranian out. Reader Comments (45) Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer () Fred Quick 1 Posted 20/08/2024 at 12:55:13 Perhaps, it's just me, but isn't it curious that Everton FC has made no formal announcement of the exclusivity period reportedly given to Textor? What is concerning is that every man and his dog seems to have a piece of the new stadium, albeit via loans given by 777 and Friedkin. High finance is way beyond my understanding, but I get the feeling that those money guys have already claimed their piece of the pie, how that impacts on the club, financially, going forwards is anybody's guess. Stephen Davies 2 Posted 21/08/2024 at 14:15:40 The Guardian says Textor Agreement by the end of the week.I can't post the Link as I've used up all my free Guardian articles. Paul Hewitt 3 Posted 21/08/2024 at 14:26:42 Stephen. Just read that. Unfortunately, I don't believe a word of it. Christine Foster 4 Posted 21/08/2024 at 14:31:44 Stephen, here is the article link:John Textor agreement over Everton takeover expected by end of weekNo real detail as yet... Rob Halligan 5 Posted 21/08/2024 at 14:38:39 Paul…Why not? Paul Hewitt 6 Posted 21/08/2024 at 14:42:07 I'm still convinced Friedkin will get it. He's just bidding his time. Stephen Davies 7 Posted 21/08/2024 at 14:53:18 Thank you, Christine.The last paragraph concerning multi-club Ownership is interesting.I can see the advantages of that but will only work for us if we are the Main Club in the chain. Paul Hewitt 8 Posted 21/08/2024 at 15:00:17 Friedkin ain't stupid. He will know once the new stadium is open the club's value will increase. Textor coming into the mix is something he probably didn't expect. He'll probably have to make his move soon to get the club though. Danny O’Neill 9 Posted 21/08/2024 at 15:01:47 I too can see Friedkin coming back in, but I'm past concerning now. I just hope it gets sorted out. Allen Rodgers 10 Posted 21/08/2024 at 15:02:19 Guardian today:- ''Textor, whose Eagle Football Group already has stakes in Lyon, Botafogo Molenbeek and Crystal Palace, is understood to have arrived in London on Tuesday before travelling to Liverpool on Wednesday to meet Moshiri, with sources close to the deal anticipating that it could be agreed in the next few days.''One little thing puzzles me. Why would Textor travel to Liverpool to meet Moshiri? — I mean, when was Moshiri last in town? Steve Brown 11 Posted 21/08/2024 at 15:18:24 Friedkin isn't wealthy enough to buy us unless he can get the lenders and owners to reduce the amount of money they expect.I don't want him back in. Tommy Carter 12 Posted 21/08/2024 at 15:20:20 Allen.The Club is Headquartered at the Royal Liver Building. Danny O’Neill 13 Posted 21/08/2024 at 15:21:04 Allen, I'm sure he can afford the air fare and a night in the Titanic Hotel if there is a deal in it!! Allen Rodgers 14 Posted 21/08/2024 at 15:25:46 Yes, Tommy, I know that.But I still find it surprising that Moshiri actually set foot in Liverpool!! Paul Hewitt 15 Posted 21/08/2024 at 15:31:23 Steve. He's worth close to $4B. I'm sure that's plenty enough to buy us. John Chambers 17 Posted 21/08/2024 at 16:30:55 Steve, one of the key things for whoever buys us is the amount of cash they can put in. Whoever takes over will need to pay off Moshiri, cover the club's operating costs (at least in the short term), and hopefully reduce our high-interest loans.Friedkin is worth around $4B but if it is all due to the value of his current business assets and he has (relatively) little cash, he still has to find some way of raising the required cash, eg, either sell off assets or take a loan. Obviously the same applies to Textor or any other bidder. I do wonder if it is the levels of cash required to acquire and keep the club going that has been the problem with any deal rather than the net worth of an individual. Brian Wilkinson 18 Posted 21/08/2024 at 16:32:34 Danny, I have already advised Texter not to book in the Adelphi hotel.On a serious note, I hope he brings his manager Oliver Glasner with him, I really rate him as a manager. He knows his shit and tactics, won't be at Palace for long, someone will snap him up, hopefully Everton. Paul Hewitt 19 Posted 21/08/2024 at 16:40:23 Everton denying Moshiri is meeting Textor. Les Moorcroft 20 Posted 21/08/2024 at 18:53:16 Paul, when do Everton admit anything? Steve Hogan 21 Posted 21/08/2024 at 19:11:56 Textor's first question will be to find out what happened to the 'Arteta money' sorry, couldn't resist. Brian Wilkinson 22 Posted 21/08/2024 at 19:18:26 Another report says, Blitzer and Harris, fellow shareholders at Palace, are willing to purchase Textor's 45% share equity in Palace.. Paul Ferry 23 Posted 21/08/2024 at 19:18:58 Paul Hewitt @3: Just read that. Unfortunately I don't believe a word of it.Well, that's the end of that then. Paul Ferry 24 Posted 21/08/2024 at 19:21:39 Allen Rodgers 14: But I still find it surprising that Moshiri actually set foot in Liverpool!!He attended a board meeting, Allen, it's been widely reported. Rob Halligan 25 Posted 21/08/2024 at 19:22:18 😂😂😂😂 Paul Ferry 26 Posted 21/08/2024 at 19:30:36 Stephen Davies: You might want to look into that Stephen. The Guardian has no limit on free articles (for me at any rate!) but reminds us of that and the value of contributing something to retain high-quality independent journalism. Paul Ferry 28 Posted 21/08/2024 at 19:34:05 This is that Guardian article:John Textor is in Liverpool to hold further talks with Everton's owner, Farhad Moshiri, over a proposed takeover of the club, with a deal expected to be agreed by the end of the week.The American billionaire became the third party to be granted a period of exclusivity by Blue Heaven Holdings, the company that owns Everton, last week after renewing his efforts to purchase a majority stake in the Premier League club having initially been overlooked by Moshiri in favour of the Friedkin Group. They had agreed to buy Moshiri's 94.1% stake but withdrew over concerns about the legal uncertainties surrounding the £200m in loans that 777 Partners, the first company to agree a takeover back in September, gave the club. It is understood that a £200m loan made to Everton by the Friedkin Group during their attempt to take over the club is due to be repaidTextor, whose Eagle Football Group already has stakes in Lyon, Botafogo, Molenbeek and Crystal Palace, is understood to have arrived in London on Tuesday before travelling to Liverpool on Wednesday to meet Moshiri, with sources close to the deal anticipating that it could be agreed in the next few days.The terms are the same as in the offer made on 1 June in the previous round of bidding, with Textor understood to be confident that arranging a financing deal for Everton's new stadium at Bramley-Moore Dock could allow him to delay completing the takeover until as late as January.A potential complication could be the requirement of Textor to sell his 45% stake in Palace in order to comply with Premier League rules. A bid from compatriots Josh Harris and David Blitzer, who already own 18% stakes in Palace, for around £100m is understood to have been rejected. Three other investors are believed to have expressed an interest in buying Textor's shares, including one from the Middle East and another said to be a sports-celebrity-backed group from the US.Last week the Palace chairman, Steve Parish, said he would not stand in Textor's way after he paid £87.5m for a 40% stake in Palace in 2021 before extending it to 45% when he bought Lyon a year later. “He wants a club that plugs into that where he controls everything that happens. We don't think that is right for us as a club right now,” Parish told the BBC. “We do collaborate with his clubs where we can. He wants to go and do something else, we're helping him do that.” Rob Halligan 29 Posted 21/08/2024 at 20:09:11 Paul #28… Not happening, mate, because we've been told by one or two on here that it's all rubbish! Fred Quick 30 Posted 21/08/2024 at 20:23:41 Rob @29For what it's worth, Paul Quinn aka The Esk, doesn't believe that Textor will become Everton's new owner. In his reply to a post from Colin (Hopefully not Chong) on X, asking him if he believed Textor would be a good owner, Paul replied "No & he won't be our next owner." Danny O’Neill 31 Posted 21/08/2024 at 20:26:19 I am at the point of past caring with the ownership. Whoever it is, it won't be sorted until January. Fred Quick 33 Posted 21/08/2024 at 20:34:04 Danny @ 31,I think the ownership and leadership at any institution is very important and it cannot continue to be up in the air for much longer – even though it's already gone on for what is it? 18 months or more.I suppose technically it could go on like this for years, but the damage that has already been done and might be done in the future, dwarfs the issues of any given match-day. Danny O’Neill 34 Posted 21/08/2024 at 20:38:18 But I can't influence that Fred. I know something will happen, I just don't know who and when. Derek Knox 36 Posted 21/08/2024 at 20:59:56 Don't suppose Textor can play Right Back can he ? He's not that much older than Ashley Young ! :-) Si Pulford 37 Posted 21/08/2024 at 21:30:11 No offence Fred (30) but The Esk is pretty much always wrong. Ben King 38 Posted 21/08/2024 at 21:48:21 So #37Actually the Esk called out when we were overspendingHe said that 777 would never take ownership Whats he actually been wrong on mate?? Denis Richardson 39 Posted 21/08/2024 at 21:50:43 I find it odd Everton even feel the need to respond to the Echo about Textor's whereabouts. If the deal is still being negotiated, a simple 'no comment' would have sufficed. End of story.This is a such non-story - must be a slow day! Jerome Shields 40 Posted 21/08/2024 at 22:12:50 I don't know why Textor would be given a exclusive period. Now it seems that Everton have not announced a exclusive period.I have come across businesses that lender swere quite happy with, because their loans were being paid and secured.The owner were just working for a wage and some cases for nothing.In Everton's case the lenders are not interested in taking over the running of the Club.Directors are well renumerated and those working for the Club are still.in jobs and getting well paid.Why would anyone want to change things?The Esk has been right all along and backed it up with evidence. Neil Lawson 41 Posted 21/08/2024 at 22:18:56 39 posts with what appears to be agreement that nothing is actually happening. I suspect many of us are becoming weary of the whole process but until someone does buy us and take control we will just limp on. Worryingly though, if our form doesn't improve and if we remain at or near the bottom of the table, who will act to remove the manager and who will choose his replacement ? Maybe by a poll on TW. ( What possible chance of agreement !!? ) Neil Lawson 42 Posted 21/08/2024 at 22:22:28 And the name that will be on many a list and particularly those of the media rumour makers. David Moyes. Now there is a whole new debate. Aaaarrrghhh. Paul Ferry 43 Posted 21/08/2024 at 22:40:58 Ah Rob, keep fighting the good fight mate! Mark Taylor 44 Posted 22/08/2024 at 00:25:28 What Neil says. We are weary of the whole saga. I for one would not take the Guardian's word as gospel, they are financially struggling and not exactly replete with good forensic journos- who is these days?In addition to the many things we as a club can't do well, it seems we can't even sell a football club efficiently. Among my friends, we have become a laughing stock as a club. Once we used to strike fear into opponents, now I get patronising smiles Bob Parrington 45 Posted 22/08/2024 at 01:50:10 OK. The 'Gruadian' indicates it could all be agreed within a few days. So, at least we don't have too long to wait in finding out if they've got it right, do we? Then, on to the next rumour! Lee Howard 46 Posted 22/08/2024 at 02:55:49 Other than him selling his Palace shares... Jack Convery 47 Posted 22/08/2024 at 04:24:46 Minutes of that board aka bored meeting have been released.Item 1, What's happening about the sale of the club.Moshiri - Not much.Item 2. Will the new ground be ready.Moshiri - I bloody hope so. I want my money back.Item 3 - Is Sean Dyche right for us.Moshiri - I'm not paying him off, so yes.Item 4 - What happens if we are relegated.Moshiri - well I won't be going to Uzbekistan. I can tell you that ! Danny O’Neill 48 Posted 22/08/2024 at 05:43:56 Very good Jack.Derek, I was a decent right back in the day. Maybe I've got a chance?!! Adam Fenlon 49 Posted 22/08/2024 at 06:14:08 Do Moshiri's people really think he deserves extra credit for watching Everton's matches "wherever he is in the world"?? This is true for most of the local and global fanbase, and we don't have hundreds of millions of pounds invested in them! Add Your Comments In order to post a comment, you need to be logged in as a registered user of the site. » Log in now Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and Talking Points submissions across the site. How to get rid of these ads and support TW © ToffeeWeb