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Simon Jordan makes honest Everton and Crystal Palace admission after John Textor takeover move

Former Crystal Palace chairman, Simon Jordan, speaking on talkSPORT
-Credit: (Image: TalkSPORT)


Everton offer a “better” investment opportunity for John Textor than Crystal Palace, admits Simon Jordan.

Sky Sports claims that Textor, who holds a 45% stake in Palace, is now the front-runner to acquire Farhad Moshiri’s majority shareholding in the Blues. They also report that it is likely that an agreement with the MSP Sports Capital group, who have already invested in Everton, and Moshiri would fund the club short-term until Textor is in a position to complete his purchase.

In an interview with The Athletic over the weekend, Textor revealed he has contemplated moving for the Blues, 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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Despite hailing from Thornton Heath, just a mile from Selhurst Park and being a former Crystal Palace chairman himself for a decade between 2000-10, Jordan understands the lure of the Blues for the Missouri-born billionaire. On his talkSPORT show with Jim White, Jordan said: “Everton is a bigger football club than Crystal Palace.

“There is more scale to Everton. They’re building a new stadium, got more heritage, history and legacy than Palace.

“They’ve won things in the top league – not for a long time, but to me, if you’re an impartial football investor, the better is Everton.”

The Blues announced on September 15 that 777 Partners had signed an agreement with majority shareholder Moshiri to acquire his entire 94.1% stake in the club and that closing of the transaction was expected to occur in the fourth quarter of 2023. However, over eight months on, the Miami-based private investment firm, who have been dogged by payment issues at clubs they do own (Standard Liege in Belgium and Vasco da Gama in Brazil) and hit by legal challenges, have still yet to be given the green light on the purchase by the five members of the Premier League board.

The technicalities look set to end on May 31, the group’s share purchase agreement deadline, with the 777 deal now looking dead in the water and there seems little appetite for Josh Wander and company among Everton’s supporters – the Fan Advisory Board questioned the suitability of 777 in a virtual meeting with Moshiri, who was not in the UK, last week.