Textor Considers Sale of Crystal Palace Stake to Fund Everton Purchase
US tech entrepreneur and Crystal Palace co-owner, John Textor, is reportedly looking to sell his stake in the London-based football club. Textor’s decision to offload his shares in Crystal Palace is said to be part of a strategic move to raise funds for a potential acquisition of Everton. The entrepreneur’s interest in purchasing the Merseyside club has sparked speculation and intrigue within the football community.
Recent reports suggest that Textor is actively exploring opportunities to divest his ownership in Crystal Palace in order to finance his pursuit of Everton. This development has garnered attention from various media outlets, with The Financial Times, The New York Times, Daily Mail, and BBC all covering the potential sale of Textor’s stake in the club. The co-owner’s intentions have fuelled discussions about the future ownership structure of both Crystal Palace and Everton.
While Textor aims to secure the necessary resources for a possible takeover of Everton, he continues to be involved in the football transfer market. The Hard Tackle has highlighted the competition among Aston Villa, Crystal Palace, and Everton for the signature of highly sought-after midfielder Emile Smith Rowe. Textor’s dual involvement in club ownership and player recruitment underscores his multifaceted approach to football investment.
Financial Times
The New York Times
Daily Mail
BBC
The Hard Tackle