He is currently in negotiations for the exclusive opportunity to purchase majority stake in the club from current owner Farhad Moshiri.
American businessman John Textor is pleased with how talks are going to purchase Everton.AdvertisementAdvertisementTextor does have to sell his stake in Palace, which totals at 45 percent at present.
Once he does so, he will be in the clear to purchase the Toffees, provided he can prove he has the assets to do so.
In an interview on Thursday, businessman Textor compared owning Everton to becoming President of the US.