Textor on the verge of Everton takeover as he eyes purchase of Moshiri's majority stake
Recent reports from the BBC and other media outlets suggest that Crystal Palace co-owner Textor is on the verge of purchasing Everton.
American businessman John Textor is pleased with how talks are going to purchase Everton.AdvertisementAdvertisementHe is in a period of exclusivity to buy current owner Farhad Moshiri's majority stake in the club.
Textor does have to sell his stake in Palace, which totals at 45 percent at present.
Once he does so, he will be in the clear to purchase the Toffees, provided he can prove he has the assets to do so.
In an interview on Thursday, businessman Textor compared owning Everton to becoming President of the US.
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