Award-winning American musician Jay-Z could be part of John Textor’s sensational takeover of Everton.
WHAT HAPPENED?
American businessman John Textor, who also owns Ligue 1 side Lyon and part-owners of Crystal Palace and Botafogo, showed interest in becoming the majority owner of Everton when he submitted an offer in the first round of bidding on June 1. Now The Sun is reporting that Textor wants award-winning musician Jay-Z to be part of a consortium to take over the Toffees.
THE BIGGER PICTURE
The 54-year-old rap star, who is worth $2.5bn (£1.9bn), is now an entrepreneur and could be tempted to invest in a takeover of the Premier League club as Textor looks to buy out Farhad Moshiri’s majority stake. The Guardian previously reported that the Lyon owner would have to sell his Palace shares in order to buy Caramel – but believes his share in the Eagles is “desirable”.
DID YOU KNOW?
The Merseyside giants have been in the long and difficult process of trying to sell the club. Fans are increasingly upset about Moshiri and the failed takeover attempts of The Friedkin Group and 777 Partners earlier this year.
WHAT NEXT FOR EVERTON?
Sean Dyche’s side, who have found themselves in a nightmare 2024/25 season after losing all of their opening four Premier League games, will next be seen in action on Tuesday night when they take on Southampton in the EFL’s third round.