Textor latest investor to enter exclusivity talks with Everton owner Moshiri

Breaking reports this past few days claims that John Textor has now entered into an exclusivity agreement with Farhad Moshiri to buy the Blues.

Olympique Lyonnais v Paris Saint-Germain - D1 Arkema Final
Olympique Lyonnais v Paris Saint-Germain - D1 Arkema Final | Eurasia Sport Images/GettyImages

Textor has been widely quoted this summer saying he would seriously consider taking control of Everton, if the club was available to purchase.

That seemed unlikely when another American billionaire Dan Friedkin's Group, became the latest such investors from across the pond to reach an exclusivity agreement with Moshiri, following the collapse of 777 Partners attempted takeover in June.

Friedkin's Group then suddenly withdrew from a proposed takeover in July amid alleged concerns about the club's debt situation, leaving Everton back to the drawing board once more with no clear idea of when or even if a new owner can be found.

However, despite all this chaos and confusion plenty of parties still seemed interested, including several who had been thinking of making an approach before Friedkin's Group became the latest favoured investor.

And now it appears as though - after apparently putting his previous bid back on the table - that one of them, Textor, has in his turn secured that exclusivity period.

All this back and forth with one billionaire after another or this or that investment group, is becoming increasingly bewildering and leaves Blues fans in a near perpetual state of anxiety about what is happening.

What Everton supporters want, obviously, is a speedy resolution to this whole process and someone - or a new investment group - who have the funds and the right strategy, taking control at last.

However, that does not appear to be likely anytime soon with Textor - unless or until - he can divest himself of his 45% stake in Crystal Palace.

That will surely take time and time is something the Blues do not really have.

We do not know how long the Toffees can continue without a new owner and investment, but the Friedkin Group did lend the club another £200 million and together with player sales and TV and Premier League income, Everton have gained some leeway. But it will not last forever.

This precarious financial position and the collapse of Friedkin's bid, almost certainly means there is little chance of any further permanent additions to the squad now, unless another player or two are sold before the transfer deadline at the end of August.

Well tomorrow the new Premier League season begins, the last one in which Everton will be playing at Goodison Park.

Let us hope that this situation can be resolved before the money runs out and this historic campaign includes a resolution at last to this saga.