John Textor Nears Everton Takeover Agreement

American businessman John Textor is working towards a takeover of Everton FC after announcing plans to sell his 45% stake in Crystal Palace. Textor, who also owns stakes in Lyon, Botafogo, and Molenbeek through his Eagle Football Holdings, must divest his Palace shares to comply with Premier League rules. Despite a recent failed attempt to gain majority control of Palace, he has received strong interest from potential buyers for his shares. Textor has been granted a period of exclusivity to negotiate the Everton deal and is confident of finalizing it soon, possibly by the end of the week. Farhad Moshiri, Everton's current owner, has faced financial challenges and poor on-field performance, prompting his interest in selling. Textor's acquisition could be delayed until January due to financing arrangements for Everton's new stadium.