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US entrepreneur John Textor has received support from investment firm Aliya Capital Partners as he continues his efforts to purchase Everton Football Club. Textor, who is a co-owner of Crystal Palace, has been given exclusive rights to negotiate the takeover of the Merseyside club. He expressed his interest in acquiring Everton in May, but he must first sell his stake in Palace to proceed with the deal.

To expedite the sale of his shares in Crystal Palace, Textor has enlisted the services of the Raine Group. This move comes after previous takeover attempts by private equity firm 777 Partners and the Friedkin Group fell through earlier this year. The Friedkin Group, led by Dan Friedkin, is reportedly revisiting the idea of acquiring majority ownership of Everton from Fahrad Moshiri.

Aliya Capital Partners, in a statement to BBC Sport, expressed their excitement to support Textor in his investment in Everton. They highlighted Textor’s successful track record, particularly referencing his work with Brazilian club Botafogo. The investment firm sees Textor as not just a business partner, but as a close friend, and they are looking forward to working together to drive innovation and growth at Everton under Textor’s leadership.

In the midst of these developments, it is crucial for sports enthusiasts and industry insiders to stay informed about the latest news in the world of sports business. Subscribing to the Sport Industry Daily can provide valuable insights and updates on the evolving landscape of sports investments and acquisitions. As the landscape of football ownership continues to evolve, keeping abreast of the latest developments is essential for fans and professionals alike.