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John Textor


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Rudi Hedman Flag Caterham 01 Dec 23 10.29am

Originally posted by Elpis

Which takes us up to 10th assuming other clubs don't also increase.
We are a mid table club in every and any aspect you look at

You're missing some obvious details. The value of the club. Everything being done is increasing its value. They're businessmen. No need for suspicion that we can't go higher than 10th, and actually, we are always a few bad scenarios away from relegation.

 


COYP

Elpis Flag In a pub 01 Dec 23 1.40pm

Originally posted by Painter

Improvements take time, the balance of staying in the Premier, building a new stand and Academy investment and a lot of money. The current board have these ambitions and it’s not easy.
The board and Parish get a lot of stick for what looks to be a business plan of improvement. All previous boards have struggled to make things happen and 2 took us to the brink of extinction. We haven’t had proper investment in the infrastructure of the club for years, there is a lot of catching up to do.

Im not knocking it Painter I'm just not buying the suggestion that increasing the capacity and sticking in a few more corporate boxes will improve anything on the pitch.

 

Elpis Flag In a pub 01 Dec 23 1.56pm

Originally posted by Rudi Hedman

You're missing some obvious details. The value of the club. Everything being done is increasing its value. They're businessmen. No need for suspicion that we can't go higher than 10th, and actually, we are always a few bad scenarios away from relegation.

We can go higher , of course we can its a sport .The right team at the right time and who knows where we would end up . The infrastructure of the club will always be mid table though and thats with the improvements .
I get what your saying though it remains to be seen if increasing the value will result in more value to the squad or more value to the shareholders

 

est1905 Flag 01 Dec 23 5.17pm

Originally posted by Painter

Improvements take time, the balance of staying in the Premier, building a new stand and Academy investment and a lot of money. The current board have these ambitions and it’s not easy.
The board and Parish get a lot of stick for what looks to be a business plan of improvement. All previous boards have struggled to make things happen and 2 took us to the brink of extinction. We haven’t had proper investment in the infrastructure of the club for years, there is a lot of catching up to do.

Common sense, I'm impressed!

 

est1905 Flag 01 Dec 23 5.20pm

Originally posted by Elpis

Im not knocking it Painter I'm just not buying the suggestion that increasing the capacity and sticking in a few more corporate boxes will improve anything on the pitch.

Of course it will. Boxes at Spurs go for over £10m a season! We cant ask that much for all sorts of reason but you are naive if you think the money Palace could make from a new main stand isn't potentially huge. Being in London (even south of the river) is still a big advantage

 

Rudi Hedman Flag Caterham 01 Dec 23 6.24pm

Originally posted by Elpis

We can go higher , of course we can its a sport .The right team at the right time and who knows where we would end up . The infrastructure of the club will always be mid table though and thats with the improvements .
I get what your saying though it remains to be seen if increasing the value will result in more value to the squad or more value to the shareholders

Ideally both, but most likely shareholders. That's their aim after all. And I think answers the issue.

Also, have spurs improved? No. Are they worth more? Yes

 


COYP

eagleman13 Flag On The Road To Hell & Alicante 01 Dec 23 7.57pm

Originally posted by est1905

Of course it will. Boxes at Spurs go for over £10m a season! We cant ask that much for all sorts of reason but you are naive if you think the money Palace could make from a new main stand isn't potentially huge. Being in London (even south of the river) is still a big advantage

Elpis didn't say that, he said "improving things on the pitch"

 


This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise.

Plaistow Eagle Flag 01 Dec 23 8.17pm

Originally posted by Badger11

I just saw this.

[Link]

Botafogo had been the jewel in Textor's crown but it's all going Pete Tong.

If Textor has any sense he will let Parish get on with running our club whilst he tries to sort out the mess at Lyon.

Said before Textor reminds me of Allen Stanford..!!

Someone described it beautifully once as the "The emperors new clothes" - very apt..!!

COYP

 

Lanzo-Ad Flag Lanzarote 01 Dec 23 9.22pm

Originally posted by Plaistow Eagle

Said before Textor reminds me of Allen Stanford..!!

Someone described it beautifully once as the "The emperors new clothes" - very apt..!!

COYP

He will end up in the nick, probably

 


“That’s a joke son, I say, that’s a joke.” “Nice boy, but he’s sharp as a throw pillow.” “He’s so dumb he thinks a Mexican border pays rent” “ “Son… I say, son, some people are so narrow minded they can look through a keyhole with both eyes.”__ Forhorn Leghorn

ASCPFC Flag Pro-Cathedral/caravan park 22 Dec 23 11.26am

We're being linked to more Brazilians who may or may not ever play. Just not what we need at present.

 


Red and Blue Army!

dreamwaverider Flag London 22 Dec 23 11.30am

What we really need is someone to turn up with proper deep pockets to finance our future. We thought we had it with these American guys, but they have evidently dipped out, and Textor seems to have a dream of almost running his clubs. And look where that has got him.

 

eagleman13 Flag On The Road To Hell & Alicante 09 Apr 24 2.02pm

Originally posted by Lanzo-Ad

He will end up in the nick, probably

You could be a lot closer to the truth than you realise, he's being/been taken to court for accusing certain clubs in Brazil for 'match fixing', the court is also wanting Textor to be given a one year worldwide ban from football . . . [Link]

Edited by eagleman13 (09 Apr 2024 2.04pm)

 


This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise.

eagleman13 Flag On The Road To Hell & Alicante 12 May 24 5.17pm

His Belgium club RWDM have been relegated, not going too well for our co-owner . . . [Link]

 


This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise.

ASCPFC Flag Pro-Cathedral/caravan park 12 May 24 7.01pm

He came round to my house asking me to switch broadband providers. I told him to do one. Then he did me a deal on some hotel pillows and some kitchen knives that he had in the back of his van.

 


Red and Blue Army!

eagleman13 Flag On The Road To Hell & Alicante 24 May 24 4.11pm

A juicy bit of gossip concerning Everton & Textor . . . [Link]

 


This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise.

ASCPFC Flag Pro-Cathedral/caravan park 24 May 24 4.19pm

Originally posted by eagleman13

A juicy bit of gossip concerning Everton & Textor . . . [Link]

For me, our ownership is a major worry. Why always us? We need just one rich owner - not whatever we have these days. I don't see how Textor is going to pay for Everton with a new ground. It's surely maybe 700mil to a billion. Whereas I can't see his shares in us being worth anymore than 150-200 mil. These are just figures off the top of my head so not exactly scientific. I would think he'd have to sell the French club too. Or debt them and us up to the hilt. This could well be a Textor ruse to put the wind up the other owners.

 


Red and Blue Army!

dreamwaverider Flag London 24 May 24 4.42pm

Originally posted by ASCPFC

For me, our ownership is a major worry. Why always us? We need just one rich owner - not whatever we have these days. I don't see how Textor is going to pay for Everton with a new ground. It's surely maybe 700mil to a billion. Whereas I can't see his shares in us being worth anymore than 150-200 mil. These are just figures off the top of my head so not exactly scientific. I would think he'd have to sell the French club too. Or debt them and us up to the hilt. This could well be a Textor ruse to put the wind up the other owners.

Sounds like your worry is for Textor not us. Our other two USA holders are evidently far wealthier than Textor, who is a bit of a dark horse when it comes to net asset value. If he is trying to sell 45% of Palace (which is what he owns) as a private company, without any controlling rights (if that is the case) his shares will have a minimal value. If he can persuade the other two to sell, e.g. selling full control of the club, then they will get market value.
my guess is Palace is currently worth about £200m. It is in the process of preparing to build a new stand for c. £170m. which will add little value. The new stand may add another £50m of value, less its cost.
So our net asset value with the new stand would be about £150m today. In other words the cost of building the new stand offset against current values actually will devalue us a bit.
Really not a good time for Textor to be selling.
Textor has a track record of club buying/selling talk, so I shouldn't read too much into it.

 

mileend Flag East London 24 May 24 4.58pm

Originally posted by dreamwaverider

Sounds like your worry is for Textor not us. Our other two USA holders are evidently far wealthier than Textor, who is a bit of a dark horse when it comes to net asset value. If he is trying to sell 45% of Palace (which is what he owns) as a private company, without any controlling rights (if that is the case) his shares will have a minimal value. If he can persuade the other two to sell, e.g. selling full control of the club, then they will get market value.
my guess is Palace is currently worth about £200m. It is in the process of preparing to build a new stand for c. £170m. which will add little value. The new stand may add another £50m of value, less its cost.
So our net asset value with the new stand would be about £150m today. In other words the cost of building the new stand offset against current values actually will devalue us a bit.
Really not a good time for Textor to be selling.
Textor has a track record of club buying/selling talk, so I shouldn't read too much into it.

Obviously the current value of the squad vastly exceeds £200m

If you look at the figures being banded around then it's closer to £500m

 

eagleman13 Flag On The Road To Hell & Alicante 24 May 24 4.59pm

Seems click-bait are picking up on this . . . [Link]

 


This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise.

Canterbury Palace Flag Whitstable 24 May 24 5.23pm

Have never trusted him. Not quite sure how he has amassed so many footballing assets considering that he doesn't seem to actually have a particularly high net worth. Can only assume it's all borrowed or bought through other people's money.

I know we all get frustrated with the lack of investment at times but at least we all know Parish has our best interests at heart. Ideally all the American owners would f*** off and we could have a single rich owner who would be happy to let SP continue running it on a day to day basis.

 


We were somewhere around Barstow, on the edge of the desert, when the drugs began to take hold...

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