According to information obtained by News, American billionaire John Textor will submit paperwork to US authorities so that Eagle Football Holdings can list on a US stock exchange.
On Monday, banking sources announced that Eagle Football has selected investment banks TD Cowen and Stifel to handle the initial public offering (IPO).
The sources said that they are likely to be appointed alongside at least one other bank.
Eagle Football, the company that owns 45% of Crystal Palace, Everton’s rival in the Premier League, is probably going to look for about $500 million (£379 million) in new finance from it.
They said it would assist Mr. Textor in achieving a valuation of about $2.3 billion (£1.74 billion).
Eagle Football is the company’s largest individual stakeholder, although its earnings are not included in the company’s reports because it owns a minority position in Crystal Palace.
Everton, which has suffered terrible starts to the Premier League season with losses of 3-0 and 4-0 to Brighton and Hove Albion and Tottenham Hotspur, respectively, is in exclusive talks to buy Mr. Textor.
