Co-owner Textor attempted to purchase the remaining shares of Crystal Palace
John Textor, a co-owner of Crystal Palace, stated he had tried "everything possible" to buy the club's remaining shares, but he never received a response to his offer.
Co-owner of Crystal Palace John Textor claimed to have done "everything possible" to purchase the club's remaining shares, but he never heard back from his offer. Selling his 45% share in Crystal Palace is the American businessman's next focus, he stated, "so that we can pursue a relationship with the Everton club and community". A "significant number of parties" were interested in purchasing his shares, he claimed.
Everton owner Farhad Moshiri gave Textor a period of exclusivity earlier this month. "It is true that we made an offer to buy the remaining shares of Crystal Palace, at a valuation that far exceeds levels of prior investment," Textor stated on his website.
"It is also true that our offer did not induce a response, and we believe that our Palace partners have the same desire to remain in ownership as we once did."
In May, Textor first declared his intention to sell his Crystal Palace shares and his interest in acquiring Everton. "Before we decided to leave one family to join another, we did try to do everything possible to stay connected with the club and community of Crystal Palace," Textor stated.
What's Your Reaction?
