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 repaid.