John Textor, co-owner of Crystal Palace, has admitted that he needs financial backing to raise the millions required to acquire Everton Football Club before making significant investments in star players.
According to a journalist’s report on Patreon [15 September], well-known artist and entrepreneur Jay-Z is reportedly open to investing in the Premier League club, but only if Textor can finalize the deal in the coming weeks.
Textor aims to attract additional investors, emphasizing the potential of Everton’s new Bramley-Moore Dock Stadium as a venue for other lucrative ventures beyond football.
The businessman envisions transforming Everton into a football “superpower,” exciting the club’s passionate fanbase. Jay-Z’s involvement could also help boost revenues, particularly through hosting music events, similar to what Daniel Levy has done with Tottenham Hotspur’s stadium.
Despite Everton’s ongoing financial struggles, Textor appears to be positioning himself as the solution to these issues.
His possible takeover has sparked enthusiasm among fans, who are eager to see him replace current owner Farhad Moshiri.
Everton, one of the Premier League’s oldest clubs, has untapped potential, and the introduction of new investors from different industries could help the club thrive.
Although Everton is experiencing a difficult start to the current Premier League season under manager Sean Dyche, this news offers a glimmer of hope for the future.
While Textor has yet to sell his shares in Crystal Palace, there is growing anticipation surrounding his potential takeover of Everton and what it could mean for the club’s future.
