Potential Bidder John Textor Eyes Acquisition of Everton from 777 Partners

O Everton announced this Saturday (01) that 777 Partners missed the deadline to complete the purchase of the club, which has Iranian businessman Farhad Moshiri as the owner of 94% of the shares. With this, the way is clear for John Textor, owner of SAF do Botafogowho showed interest in acquiring the English team.

Textor, with his company Eagle Football Holdings, already owns a team in Premier League: o Crystal Palace. Last week, he revealed that, despite being “extremely proud” of the time invested, the sporting model does not suit the club perfectly — and that, therefore, he intends to sell it.

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The businessman does not have a majority stake in Crystal Palace, which would happen in a possible purchase of Everton’s shares. To The Athletic, last week, Textor revealed that he was keeping an eye on the movements of Everton’s imbroglio with 777 Partners — the group too faces controversies and legal problems as Vasco. The company had 70% of Cruz-Maltino’s shares, but is removed after taking precautionary action.

“Yes (there were conversations about buying Everton). I asked if there was a way to resolve this mess. I don’t want to get into a situation where I’m not welcome,” he said.

“I’m watching [a situação], but the 777 still has a contract. There are people close to the club who care about who is investing. Maybe we are in a position to solve a lot of problems for people, but we are watching because there are people who have a stake in the club. It’s quite confusing and some things need to be cleaned up,” he added.

Everton statement

Everton and 777 Partners started dating in September last year. The company made investments in the club, but did not regularize the purchase. The note published by the club thanks the company for the investments and announces the missed deadline.

“Everton Football Club would like to provide the following update to all interested parties and in particular its fans.

The agreement between 777 Partners and Blue Heaven Holdings Limited for the sale and purchase of the majority stake in the club expired today. The club’s Board of Directors recognizes the considerable level of financial support that 777 Partners has provided to the club over recent months and would like to take this opportunity to thank them for this.

The club will continue to operate as normal whilst working with Blue Heaven Holdings to evaluate all options for the future ownership of the club.

The Board of Directors would like to thank everyone connected to Everton for their patience over the last few months and reiterate their commitment to providing further updates as appropriate through the club’s official communication channels.”

2024-06-01 13:24:00
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