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The Guardian - UK
The Guardian - UK
Sport
Exclusive by Will Unwin and Ed Aarons

Crystal Palace co-owner John Textor makes new bid to buy Everton

A view inside Everton's stadium
Everton were docked points last season for breaching financial rules but player sales have put the club in a much better place. Photograph: Tony McArdle/Everton FC/Getty Images

The American billionaire John Textor has made a bid to become the majority owner of Everton, which could end the saga around the sale of the club.

The terms are the same as when Textor made an offer on 1 June in the previous round of bidding. If the offer is accepted, Textor will be the third party to enter a period of exclusivity with Blue Heaven Holdings, the company that owns Everton, in the past year. The Friedkin Group had agreed a deal to buy Farhad Moshiri’s 94.1% stake but withdrew after carrying out due diligence. The American investors were concerned about the legal uncertainties surrounding the £200m in loans that 777 Partners, the first to agree a deal, gave the club.

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