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'Everybody should want to buy Everton' - US businessman considers takeover as he plots Crystal Palace exit

John Textor, a co-owner of Crystal Palace, is looking to sell his stake in the club and has considered the possibility of investing in Everton.

The American businessman is looking to end his relationship with the south London club his Eagle Football group has a 45% stake of after failing to take a majority shareholding. The group also has other clubs in its portfolio, including Brazilian side Botafogo and French team Lyon.

In an interview with The Athletic, Textor revealed he has contemplated moving for Everton, stating: “Everton represents the best of English football: the struggles, the glory, the want. I love that it’s out of London. Everybody should want to buy Everton right now.”

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Textor would be unable to move for Everton before selling his stake in Palace, something he has announced is his intention. In an additional interview with The Athletic, the 58-year-old conceded it was likely Everton would not be on the market by the time that process was completed.

Asked whether he had had conversations over Everton, he reportedly said: “Yes… With the existing constituents – different groups, different lenders, different equity holders. I’ve asked them ‘is there a way to solve all this confusion and address everyone’s problems?’ I’m very open-minded to it but I don’t want to come into a situation where I’m not really welcome."

It is clear Textor views Everton, from the outset at least, as an opportunity. The club has been the subject of a takeover deal with US group 777 Partners since September but that appears destined to fail amid a series of high-profile problems encountered by the group. Majority shareholder Farhad Moshiri has received offers from elsewhere but is unable to discuss them formally until the end of the month, the deadline for 777 Partners’ share purchase agreement.

Of Everton, Textor continued: “That kind of club is what I’m referring to, where the risk and the reward of your relationship and community is so great and you could come in, make promises and keep them. How great would it be to take one of these great English clubs back to sort of glory? We’re also looking at other opportunities and we don’t need to jump right out of Palace right into something. That’d be a mistake.

“I suspect that the problem with Everton is it won’t be available by the time we would be ready for it. You can’t own two clubs in one league and we’re not going to rush the situation at Palace, no matter how good another opportunity looks.”