In order to complete the purchase of Everton, Textor has established a grace period.

Today’s sources claim that the US business billionaire is attempting to break the deadlock so that a quicker acquisition of Everton may take place.

In order to resolve the Palace share sale, he has reportedly requested a “grace period” and a time extension from the Premier League.

While he sells his stakes in the South London team, Textor hopes to acquire a majority position in the Toffees, allowing him to eventually complete a takeover of Everton.

It is unclear if he will receive this exemption, but considering the tense relationship between the Blues and the Premier League in the past, I wouldn’t hold my breath too long!

Even if Everton has some short-term revenue to help stabilize things, the team is still in serious financial trouble and might face a third strike from the League’s PSR. Additionally, there is no guarantee about the club’s future ownership.

What is the identity of John Textor, the guy who appears to be the Blues’ new benefactor and maybe savior?

With a history in media, including cinema and television, Textor was also the Executive Chairman of Facebank Group Inc., a tech company, and one of the first people to distribute content digitally.

After that, he was appointed Chairman of fubo TV, a business that Facebank had bought. It was mostly centered on streaming sports, mostly American sports like the NBA, NFL, and Major League Baseball. Furthermore, he has founded additional startups that are comparable.

All of this indicates that the American has a great history in sports broadcasting and a wealth of experience and knowledge with cutting edge technology and its use in media platforms.

At the moment, Textor is the CEO of Eagle Football Holdings, a business that owns stakes in multiple football teams, such as Crystal Palace, Botafogo in Brazil, and Olympique Lyonnaise in France.

Recent occurrences at Lyon this season highlight the 58-year-old’s seeming hands-on approach to his football business and his active involvement in his clubs’ games.

At the very least, with someone with such a lengthy background in media and technology, a communication breakdown—which was frequently a source of frustration throughout Farhad Moshiri’s tenure—shouldn’t be an issue!

Apart from whether Textor will be able to purchase Everton in the first place, the key question is undoubtedly: if he succeeds, will he prove to be the appropriate man?

Fans of the Toffees will understandably be very wary of anyone who approaches them to buy the team, given the horrible experience of Moshiri‘s tenure, the absurd story of 777 Partners’ failed takeover effort this season, and so on.

After so much turmoil and instability recently, Everton need an owner who will dedicate himself to selecting the best players to manage the team’s football department, who has the financial means to support a much-needed squad reorganization, and who will offer much-needed direction and stability.

Does Textor meet all those requirements? It’s possible that we’re going to find out shortly, if not sooner.

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