American businessman John Textor’s bid to buy Everton is being backed by a US investment firm.
Aliya Capital Partners manages more than $1bn (£760m) in assets and joined Elon Musk in his acquisition of Twitter in 2022.
On Thursday, Everton said Textor was making “progress” in his deal to buy the club but there is “some work to be done to complete the deal”.
The purchase is dependent on Textor selling his 45% stake in Crystal Palace as Premier League rules prohibit individuals from owning more than one team.
In a statement to BBC Sport, Aliya Capital Partners said: “We are delighted to support John Textor in his investment in Everton Football Club.
“Having collaborated with John over many years, and witnessed close hand his immensely successful venture with Botafogo, we view him not only as a partner but as a close friend.
“Our involvement in Everton reflects our shared commitment to innovation and transformation in football. We eagerly anticipate Everton’s ascent under John’s visionary leadership.”