Co-owner Textor tried to buy rest of Crystal Palace

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Crystal Palace co-owner John Textor said he tried "everything possible" to bargain nan remaining shares successful nan club, but that his bid did not person a response.

The American businessman said he will move his efforts to trading his 45% liking successful Crystal Palace "so that we tin prosecute a narration pinch nan Everton nine and community".

He said location were a "significant number of parties" willing successful buying his shares.

Earlier this month, Everton proprietor Farhad Moshiri granted a play of exclusivity to Textor.

"It is existent that we made an connection to bargain nan remaining shares of Crystal Palace, astatine a valuation that acold exceeds levels of anterior investment," Textor wrote connected his website., external

"It is besides existent that our connection did not induce a response, and we judge that our Palace partners person nan aforesaid desire to stay successful ownership arsenic we erstwhile did."

Textor first announced his plans to waste his liking successful Crystal Palace and an liking successful buying Everton successful May.

"Before we decided to time off 1 family to subordinate another, we did effort to do everything imaginable to enactment connected pinch nan nine and organization of Crystal Palace," Textor said.

"If supporters don't move allegiances easily, owners shouldn't either."

Any woody pinch Everton is limited connected Textor trading his liking successful Crystal Palace, arsenic Premier League rules prohibit individuals from owning much than 1 team.

"We person a important number of parties progressive successful our process, we person received beardown indications from qualified buyers, and we judge powerfully that we tin complete a waste of our interests to proceed moving guardant pinch nan adjacent organization we dream to serve, clasp and enjoy," Textor said.

Through his institution Eagle Football Holdings, nan 58-year-old already has a number of stakes successful different clubs, including Lyon successful France, Brazilian broadside Botafogo and Belgian nine Molenbeek.

On Thursday, French newspaper L'Equipe reported, external Lyon person put nan mostly of their squad connected nan transportation marketplace successful an effort to raise costs earlier nan extremity of nan transportation window.

In a revealing BBC Sport question and reply successful February, Textor called protests against his ownership by immoderate Palace fans "nonsense" and "misguided", but said he was "in it for nan agelong game".

"No, I don't want to tally [Palace] 1 day," he said astatine nan time. "I don't moreover for illustration moving nan clubs I have."

Palace president and co-owner Steve Parish is successful complaint of moving nan nine and said earlier this period it was successful a "stable situation" contempt Textor's plans to waste his stake.

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Source Sport BBC
Sport BBC