Crystal Palace & Lyon owner John Textor makes new bid to buy Everton as takeover saga drags on

According to The Guardian, the terms are the same as when Textor, who owns 45 per cent of Crystal Palace, made an offer on June 1 in the previous round of bidding for Everton. The report adds that the Lyon owner would have to sell his Palace shares to buy the Toffees - but he is understood to be confident his stake with the Eagles is 'sought after'.

Everton have been in a long, fraught process in trying to sell the club. Fans are increasingly exasperated with owner Farhad Moshiri and the failed takeover attempts by The Friedkin Group and 777 Partners earlier this year. The report adds that if Textor's offer is accepted, the Botafogo owner will enter a period of exclusivity with Blue Heaven Holdings - the company that owns the club.

Textor - who is the majority owner of Eagle Football Holdings which invests in Palace, Lyon and more - is also understood to have held talks with another Premier League team and one in the Championship about a possible takeover in recent weeks. Reports suggest other investors, including one from the Middle East, are interested in buying his Palace shares but that is not at an advanced stage.

It will just be a case of wait and see with Textor, Palace and Everton in regards to a takeover. The American is reportedly confident he can arrange a financing deal for Everton's new stadium at Bramley-Moore dock and that could allow him to delay a possible takeover until January 2025.