John Textor’s chances of completing his Everton takeover rated

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Everton continue to await progress in their takeover, but for now, can do little about the elongation of this process.

It is officially out of their hands, having entered into an exclusivity agreement with John Textor just last month.

Now, they can only wait to see if the Lyon owner wants to progress with his acquisition when he sees what’s under the hood – the very piece of information that seemingly drove Dan Friedkin away.

It remains to be seen whether his chances of completing the takeover are viable or not, but one well-respected reporter has sought to offer his verdict on the matter.

Will John Textor complete his Everton takeover?

Speaking on The Athletic’s podcast, journalist Matt Slater offered a fresh update on Textor’s efforts to acquire the Toffees.

This appraisal came just after he revealed what he’d been hearing about Everton’s takeover and if any progress had been made.

His review of the American’s efforts was equally as negative: ‘What we’ve had in the last couple of weeks is a flurry of stories emanating from John Textor about his intentions for Everton.

‘Let’s be honest, he desperately wants to buy an English football team and be in control of an English football team. He’s assembled a multi-club group. He is a committed and sincere believer in the multi-club model. No doubt about that.

‘£600m of debt at Everton, before you get into ‘Oh I need to spend some money on the team, I need to finish the stadium.’ I think you get the idea. Everton are a long way from being bought.

‘Could John Textor do it? Yes, he has a chance. I think it’s a small chance, because he’s got his own issues to deal with, before he even gets into the Everton issues.’

How much is John Textor worth?

When it comes to pure monetary value, Textor is certainly worth a hefty sum.

However, it is also worth taking into account all of the assets he boasts, particularly on the footballing side, which aid his image as a solid operator in this business.

His approximate net worth, as per Netwealth.biz, stands at an impressive £3.4bn.

Adding to that his sprawling multi-club portfolio too, which is also worth an additional £700m, and already his strong financial position is clear.

A staunch capitalist who has outlined his grand ambitions with Everton on numerous occasions, he clearly has big plans should he get his hands on the Toffees.

Hopefully, despite his methods being wholly unproven, he can achieve the success craved on Merseyside and pull them out of the mire.