Everton FC

PL co-owner open to Everton investment

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Crystal Palace co-owner John Textor has revealed he is open to investing in Everton.

Farhad Moshiri extended the deadline for 777 Partners’ proposed takeover until May 31 despite the group unable to conclude a deal for eight months.

The Blues’ majority shareholder recently confirmed to the Fan Advisory Board that he had received ‘unsolicited approaches’ from other interested parties.

Textor, meanwhile, is planning to sell his 45% stake in Palace and has already instructed investment banking firm Raine to find any suitable buyers.

The American also hold shares in Lyon, Botafogo and Molenbeek but feels the Eagles are ‘not a perfect fit’ for a potential multi-club ownership model.

Asked whether he has engaged in tentative talks about potentially taking the reins at Goodison Park, Textor told the Athletic: “Yes [he has discussed Everton].

“With the existing constituents – different groups, different lenders, different equity holders. I’ve asked them: ‘Is there a way to solve all this confusion and address everyone’s problems?’ I’m very open-minded to it.

“But I don’t want to come into a situation where I’m not really welcome. I’m watching it but 777 still has a contract.”

Despite opening himself up to the prospect of investing in Everton, Textor admitted that his Eagle Football Group are exploring other opportunities.

He added: “We’re also looking at other opportunities and we don’t need to jump right out of Palace right into something. That’d be a mistake.

“I suspect that the problem with Everton is it won’t be available by the time we would be ready for it.

“You can’t own two clubs in one league and we’re not going to rush the situation at Palace, no matter how good another opportunity looks.”