Prospective Everton owner must sell shares in current club to avoid breaking Premier League rules ...Middle East

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John Textor has been granted a period of exclusivity to explore a possible purchase of Everton. Majority shareholder in the Toffees, Farhad Moshiri, has been exploring a sale of the club for some time. Textor is exploring a purchase of EvertonGetty Two previous takeover attempts have fallen through in recent months, but a new bidder has now emerged. That is American businessman Textor, who currently holds a 45 per cent stake in Crystal Palace through his Eagle Football Group. Any deal would be contingent on him selling those shares as Premier League rules forbid him from owning two clubs in the same division. Textor is reported to have engaged the Raine Group, who handled t

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Last updated : 15 August 2024 clock 05:08 PM

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Prospective Everton owner must sell shares in current club to avoid breaking Premier League rules ...Middle East

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