Everton takeover set to be agreed in next few days with Farhad Moshiri in talks to sell

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Everton are finally closing in on the completion of their much-awaited takeover.

A process that has spanned nearly 12 months now, and included three different seriously interested parties, at last, one man is set to get his wish, to completely assume control of a club in dire financial straights.

However, clearly a fighter, John Textor envisions a bright future for the Toffees, returning them to where they once were a long time ago.

The details of the deal and its expected time frame have only just emerged.

John Textor nears Everton takeover

This latest news comes courtesy of The Guardian, who have provided a key and hopefully final update on John Textor’s efforts to take over at Everton.

The American has been vocal in his desire to assume control of the Toffees, believing that they have all the potential to return to the apex of English football should the finances be sorted out.

Well, he will now have the chance to put his money where his mouth is it seems, as he closes in on his ultimate goal.

The report reads: ‘John Textor is in Liverpool to hold further talks with Everton owner Farhad Moshiri over a proposed takeover of the club, with a deal expected to be agreed by the end of the week.

‘Textor, whose Eagle Football Group already has stakes in Lyon, Botafogo Molenbeek and Crystal Palace, is understood to have arrived in London on Tuesday before travelling to Liverpool on Wednesday to meet Moshiri, with sources close to the deal anticipating that it could be agreed in the next few days.

‘The terms are the same as in the offer made on 1 June in the previous round of bidding, with Textor understood to be confident that arranging a financing deal for Everton’s new stadium at Bramley-Moore dock could allow him to delay completing the takeover until as late as January.’

Who is Everton takeover bidder John Textor?

Born in Missouri, the 68-year-old American boasts a fortune well in excess of £3bn and has dipped his toes into all manner of businesses, from a snowboarding company to various retailers too.

Clearly a well-respected individual, he is currently the CEO of Facebank Inc., having previously been the Executive Chairman of FuboTV as well.

However, as his fortune has increased, so too has his ability to wade into the footballing world.

First getting involved with Crystal Palace, where he still has a 45% share, clubs like Botafogo of Brazil and Lyon in France are also now attributed to his sprawling portfolio.

If he is to finally complete this Everton takeover, the former will simply have to go if he is to comply with the Premier League’s ruling on ownership though.