Everton fans may buy shares if Textor"s takeover succeeds

John Textor is pursuing a £600 million takeover of Everton from Farhad Moshiri, with expectations of reaching an agreement within four weeks. Textor, who owns several football clubs and has a significant stake in Crystal Palace, plans to integrate Everton into his holding company, Eagle Football Group. This move could potentially lead to Everton being listed on the New York Stock Exchange, a rare occurrence for Premier League clubs. The initial public offering (IPO) for Eagle Football is anticipated this month, aiming to raise around £400 million. Textor's bid is complicated by his ongoing negotiations to sell his stake in Crystal Palace, which have yet to yield results. He has faced challenges in offloading his shares, and the approval process from the Premier League may take longer than expected. Despite these hurdles, sources indicate that Textor is confident about the Everton acquisition, which includes covering the club's debts and paying Moshiri an exit fee based on the club's performance. The potential for Everton fans to buy shares in the club arises if the takeover is successful, marking a significant shift in club ownership dynamics. Public flotation of clubs is uncommon in the Premier League, but examples like Manchester United and Tottenham exist. Textor's strategy aims to enhance the attractiveness of Eagle Football shares to investors by adding a Premier League club to his portfolio. Overall, the outcome of Textor's negotiations and the subsequent public offering could reshape the financial landscape of Everton and provide fans with a unique opportunity to invest in their club's future.