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ALL POSTS TAGGED "John Textor"

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John Textor's Olympique Lyon provisionally relegated to Ligue 2 amid financial struggles

Amid a financial crisis, the DNCG has imposed a transfer ban and provisionally relegated John Textor's Olympique Lyon to Ligue 2.

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/ 66 days ago

John Textor to open door for Everton fans to buy club shares

American businessman John Textor is preparing to float his Eagle Football Group on the New York Stock Exchange, a move that could impact Everton. Eagle Football Group currently includes Lyon, Botafogo and Belgian side RWD Molenbeek. Most notably, it includes a 45% share in Crystal Palace. Textor is working to float this entity on the […]

News

/ 73 days ago

Selhurst Park expansion to cost Crystal Palace $200 million

Crystal Palace is planning to make extensive improvements to its home stadium in the near future. Selhurst Park dates back 100 years ago to construction in 1924. The South London club previously renovated the historic arena several times in recent decades. Nevertheless, plans to drastically improve the stadium have been in the works for years […]

News

/ 75 days ago

John Textor confirms Everton takeover via social media post?

John Textor appears to be nearing a crucial milestone in his attempt to acquire Everton. Recent actions and statements suggest that Textor is inching closer to finalizing a takeover deal with the Premier League club. His involvement, already evident through ownership stakes in various clubs, has now taken a more public turn with subtle yet […]

News

/ 83 days ago

Everton's potential US owner Textor refutes L'Equipe story

According to a report in L'Equipe on Thursday, Olympique Lyonnais' American owner John Textor was scrambling to raise $112 million through player sales to comply with financial regulations from the French soccer regulatory body, the DNCG. Textor refuted the report, telling Reuters, "We do not have sales targets, and we are not required to sell […]

News

/ 86 days ago

Textor expected to complete Everton purchase in coming days

American businessman John Textor is currently on Merseyside to negotiate takeover talks with Everton owner Farhad Moshiri. The current Toffees owner has been attempting to offload the club for at least a year. Although Moshiri thought he previously had a deal with 777 Partners, the firm could not complete the deal. The Friedkin Group then […]

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/ 98 days ago

Textor tries to sell Palace shares after new bid to buy Everton

John Textor has reentered talks with Everton's current ownership to purchase the club. The American billionaire previously threw his hat into the ring to potentially take over the Toffees earlier this summer. Everton owner Farhad Moshiri, however, opted instead to hold direct discussions with the Friedkin Group. The fellow American investment conglomerate recently purchased the […]

News

/ 117 days ago

Textor to reenter Everton takeover talks after Friedkin blow?

Everton face a new wave of uncertainty following the collapse of US billionaire Dan Friedkin’s takeover attempt. Friedkin's withdrawal came after a month of exclusive talks, driven by concerns about the club’s mounting debt. This development has plunged the Merseyside club back into turmoil, exacerbating an already turbulent period. Friedkin’s decision to end the takeover […]

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/ 167 days ago

Everton to pursue other buyers as 777 Partners' deal collapses

The ongoing saga of Everton's proposed ownership change has taken a new turn. 777 Partners previously agreed to purchase majority owner Farhad Moshiri's 94% stake in the club back in September. The deal, however, has never been officially finalized due to several snags along the way. The American investment group apparently had until the end […]

News

/ 171 days ago

Textor wants to sell Crystal Palace stake to fund Everton move

John Textor is attempting to sell his stake in Premier League side Crystal Palace. The American initially purchased a 40% slice of the Eagles back in the summer of 2021. He has since increased this stake to 45% last year. Along with Textor, fellow businessmen Josh Harris, David Blitzer, and Steve Parish all currently hold […]

News

/ 252 days ago

Botafogo owner Textor has audio of Brazil referees talking bribes

Botafogo owner John Textor has continued his claims that corruption is rampant in the Brasileirão. This is not the first time the American investor has made claims about the issue. Textor previously went on a scathing rant on live television regarding the problem back in November. The club's owner was left fuming following Botafogo's 4-3 […]

News

/ 258 days ago

Crystal Palace owner hopes for formation of World Super League

American businessman John Textor has called for the formation of a new super league. The previously proposed European Super League (ESL), however, will not exactly cut it for the billionaire. Instead, Textor is essentially hoping to create a World Super League consisting from clubs from all over the globe. The Florida native currently owns a […]

News

/ 259 days ago

US billionaire slams Premier League's FFP rules and Ligue 1

American billionaire John Textor has claimed that current Financial Fair Play (FFP) rules in English soccer are extremely flawed. The Crystal Palace majority owner even went as far as to say that the laws essentially stop clubs from challenging the Big Six. This list of top Premier League clubs includes Arsenal, Chelsea, Liverpool, the two […]

Americans Abroad

/ 308 days ago

Crystal Palace's American co-owner may sell stake in team

American businessman John Textor is reportedly considering selling his minority stake in Crystal Palace. Textor previously purchased a 40% ownership in the Premier League side back in the summer of 2021. However, he gradually increased this stake to 46% over the next two years. The businessman currently co-owns the Eagles alongside Josh Harris, David Blitzer, […]
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