Everton’s takeover is a process that has spanned over 12 months now, and with each passing day the frustration only grows.
It seems like on every front the Toffees just seem to drag things out far longer than is ever needed, with this the paramount example ahead of any transfer of managerial sagas.
A process that often takes weeks has dominated Goodison Park for as long as many can remember, with Farhad Moshiri the perpetrator behind such consistent mistakes.
Evertonians are naturally clambering for any kind of update on the matter, but this latest one is not the kind they were hoping for.
The latest on Everton’s takeover
Speaking on The Athletic podcast, in which they sought to comb through all of Everton’s biggest worries, naturally the lack of steady ownership once again cropped up.
And, when asked about the topic due to his knowledge on the matter, Matt Slater could provide no good news.
He offered the following update: ‘Right. The takeover. Nothing’s happening at the moment. I could stop there, that is the reality.
‘I sensed that nothing was happening. I normally hear things, but I checked. I checked last night, I went around to all the houses, all the people that have got an interest in this club. ‘Have you heard anything?’ Nothing.
‘I’ll run through them if you like. Nobody has made a serious or credible offer to the Friedkin group for the £200m that they are owed, and, as a condition of their loan, they would want paying on a takeover. They’ve said that very clearly.
‘Nothing has come new to the court, to the case that is going on in the States regarding 777/A-Cap. They know own 777’s assets including a £200m loan to Everton.
‘Now, if someone’s going to come along and buy Everton, or do some kind of deal with that loan, which nearly every sane person would want to do, A-Cap/777 have to bring it to the court.’
This ironically comes after football finance expert Adam Williams exclusively told Everton.News that Textor’s Everton takeover would be bad news for football.
Could John Textor be the answer to Everton’s prayers?
Whilst the hope is that John Textor will arrive to answer all of Everton’s prayers, the fact of the matter is that few in world football could realistically solve this mess.
After all, as Slater hints at, the amount of debt accumulated is huge and seemingly only growing.
With each new failed takeover, more of the Toffees is leveraged, and that’s without even mentioning the 777 Partners/A-Cap debacle which only further complicates matters.
Textor has a set-in-stone plan for success with his multi-club model, and in his eyes, it will achieve big things.
But, there is no surefire way of knowing if any new owner could succeed with the mess they would be inheriting.
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