Alan Myers shares the latest update on John Textor’s Everton takeover after Farhad Moshiri development

At last, the international break seems to finally be coming to an end, with Everton back in action again this Saturday.

When the Premier League halts this early into a season, complaints are widespread across the country, with few fans ever wanting to watch the national team play over their club.

So, most will be glad to see the Three Lions finish this leg of their Nations League campaign last night, allowing the players to return to their respective clubs ready to kickstart league football.

The Toffees have endured a horror start in the league, and yet even they will return raring to get back to action, with a fanbase that will be right there with them despite their current position propping up the table.

However, as is often the case with Everton, we can never just go one or two weeks without a fresh controversy.

This latest off-pitch update has only added to the unrest brewing at Goodison Park.

As was reported last night, Alisher Usmanov now intends to sue Everton owner Farhad Moshiri, referencing Somelior Holdings Limited, a Cypriot-registered company owned completely by the Iranian, as a defendant in a case brought by USM, his company.

It presents a brand-new conflict for the Toffees to contend with, just to add to the unrest, as John Textor continues to try and buy Everton in the background despite all this unrest.

Some might question why the American remains so intent on acquiring this club when controversy seems to follow it around every corner, especially when this latest episode could potentially add to the growing hurdles in his way.

However, revered journalist Alan Myers is on hand to provide an update, indicating whether this will have any effect on the takeover.

Asked by one fan whether there has been any update on Textor’s end in the face of such controversy, he replied on X with a five-word summary: ‘I think it’s moving forward.’

Why does John Textor want to buy Everton so badly?

It is certainly worth questioning what the chief motivation behind Textor’s unflappable desire to acquire Everton is, but realistically, there are some clear upsides.

After all, this represents a chance to buy into the Premier League as a sole owner, coincidentally gaining one of England’s most revered fanbases as well as a brand-new stadium.

On the surface, suitors should be lining up to compete.

However, delving deeper the mountain of debt starts to appear on the horizon, with whoever should choose to purchase the Toffees having to deal with £600m worth of debt instantly.

But, with three clubs already within his portfolio, Everton could help Textor further expand his empire with the allure of the Premier League, increasing the exposure of all involved and thus boosting potential profits for him.

Should he succeed in creating a clever business model that generates huge revenue for him, this can only benefit the Toffees more, as they will have more money to spend.

It feels like Everton are a key part of what the American hopes to build in the near future. So, that makes any debt and further obstacles worth tackling for the potential upsides.

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