Everton Football Club based in Liverpool, England, is in discussions with American businessman John Textor regarding his potential acquisition of the club. Textor, a 58-year-old entrepreneur in digital media and entertainment, expressed his intention to sell his ownership stake in Crystal Palace in order to pursue ownership of Everton, a Premier League rival.

The club confirmed that positive talks are ongoing with Textor to formalize the deal, but there are still details to be finalized before the transaction can be completed. Textor mentioned in an interview with Sky Sports News in Britain that he is optimistic about wrapping up the deal before his exclusivity agreement with Everton ends on Nov. 30.

Textor expressed his eagerness about the prospect of owning Everton, likening it to being asked to become the president of the United States for someone passionate about football. He denied engaging in any discussions about replacing Everton’s current manager, Sean Dyche.

Despite recognizing the financial potential of the new Bramley-Moore Dock stadium, Textor indicated his preference for not relocating Everton from Goodison Park. Everton clarified that Textor’s comments reflect his personal opinions on club matters. The focus for the club remains on supporting Dyche and the team ahead of their upcoming Premier League fixture against Aston Villa.

Textor’s Eagle Football company is the newest party granted exclusivity in the negotiations to take over Everton, following unsuccessful talks with 777 Partners and the Friedkin Group. As Textor cannot have ownership in two Premier League clubs simultaneously, he would need to sell his shares in Crystal Palace before acquiring Everton.

Textor’s ownership portfolio extends to clubs in Belgium, Brazil, and France, embracing a multi-club ownership model that is gaining popularity in soccer. The club’s discussions with Textor underscore a potential shift in ownership dynamics within English football.