John Textor Makes New Bid for Everton

American billionaire John Textor has reentered negotiations to acquire Everton after the Friedkin Group withdrew from a potential deal due to concerns over the club's substantial debt. Textor previously expressed interest in purchasing the club but must first sell his 45% stake in Crystal Palace, as Premier League rules prohibit ownership of multiple top-flight teams. He has rejected offers from his fellow Palace stakeholders, Josh Harris and David Blitzer, who proposed the original price he paid for his shares. Textor's new bid mirrors a previous offer made in June and aims to secure exclusive negotiations with Everton’s current owner, Farhad Moshiri. The ongoing situation includes legal uncertainties surrounding loans provided by 777 Partners, which had initially agreed to buy Everton. Despite these challenges, Textor remains optimistic about his potential takeover.