Palace Takeover

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Palace Takeover

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Fatherken 12 Aug 21 9.09am
Wilbraham 413 , I take it from your post that you are great drinking buddy's with Harris and Blitzer
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Fatherken

12 Aug 21 9.09am

Wilbraham 413 , I take it from your post that you are great drinking buddy's with Harris and Blitzer

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OneMax Maidstone 12 Aug 21 9.33am
Originally posted by Fatherken Wilbraham 413 , I take it from your post that you are great drinking buddy's with Harris and Blitzer No just read the The Athletic
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OneMax

Maidstone 12 Aug 21 9.33am

Originally posted by Fatherken

Wilbraham 413 , I take it from your post that you are great drinking buddy's with Harris and Blitzer

No just read the The Athletic

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Midlands Eagle 12 Aug 21 9.42am
Originally posted by Wilbraham413 As an American, I never heard of this guy before. I would trust Textor's intentions way more than Blitzer/Harris, You've never heard of him before yet you place trust in him Originally posted by Wilbraham413 Blitzer and Harris are money grubbing snakes, based on their US sports ownership, and they seem to have contributed absolutely nothing to Palace. Try looking at the club's accounts before you make statements like that
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Midlands Eagle

12 Aug 21 9.42am

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Originally posted by Wilbraham413

As an American, I never heard of this guy before.

I would trust Textor's intentions way more than Blitzer/Harris,

You've never heard of him before yet you place trust in him

Originally posted by Wilbraham413

Blitzer and Harris are money grubbing snakes, based on their US sports ownership, and they seem to have contributed absolutely nothing to Palace.

Try looking at the club's accounts before you make statements like that

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doombear Too far from Selhurst Park 12 Aug 21 11.24am
Textor's investment is unlikely to have been directly for the purpose of transfers. I heard that £60m is to wipe out the debt accumulated during COVID and the remainder towards the 'New Stand'. Indirectly, the £60m sill presumably have enabled the club to have a decent (for Palace) transfer kitty this window.
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doombear

Too far from Selhurst Park 12 Aug 21 11.24am

Textor's investment is unlikely to have been directly for the purpose of transfers. I heard that £60m is to wipe out the debt accumulated during COVID and the remainder towards the 'New Stand'. Indirectly, the £60m sill presumably have enabled the club to have a decent (for Palace) transfer kitty this window.

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Midlands Eagle 12 Aug 21 11.30am
Originally posted by doombear Textor's investment is unlikely to have been directly for the purpose of transfers. I heard that £60m is to wipe out the debt accumulated during COVID and the remainder towards the 'New Stand'. Indirectly, the £60m sill presumably have enabled the club to have a decent (for Palace) transfer kitty this window. Isn't that effectively the same thing as it's all one pot in the end
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Midlands Eagle

12 Aug 21 11.30am

Originally posted by doombear

Isn't that effectively the same thing as it's all one pot in the end

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doombear Too far from Selhurst Park 12 Aug 21 11.44am
Originally posted by Midlands Eagle Isn't that effectively the same thing as it's all one pot in the end To laymen like me yes, but probably not when it comes to working within FFP and other football finance rules. On the face of it Textor's investment will be seen to have been for reducing debt and infrastructure projects.
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doombear

Too far from Selhurst Park 12 Aug 21 11.44am

Originally posted by Midlands Eagle

Isn't that effectively the same thing as it's all one pot in the end

To laymen like me yes, but probably not when it comes to working within FFP and other football finance rules. On the face of it Textor's investment will be seen to have been for reducing debt and infrastructure projects.

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Sansbup Norfolk 12 Aug 21 11.44am
Don't be under any illusions. Nobody sensible invests in a football club for the hell of it (t*** at Bright*n is the exception that proves the rule I guess). Our new investor is looking for a return, simple as that. He calculates that putting money in now will make him money in the medium/long term. So whether it funds transfers or builds a new stand (remember that?) it is intended to generate a return. We just hope it's a win/win then we're all happy.
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Sansbup

Norfolk 12 Aug 21 11.44am

Don't be under any illusions. Nobody sensible invests in a football club for the hell of it (t*** at Bright*n is the exception that proves the rule I guess).

Our new investor is looking for a return, simple as that. He calculates that putting money in now will make him money in the medium/long term. So whether it funds transfers or builds a new stand (remember that?) it is intended to generate a return.

We just hope it's a win/win then we're all happy.

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Painter Croydon 12 Aug 21 11.46am
Originally posted by doombear Textor's investment is unlikely to have been directly for the purpose of transfers. I heard that £60m is to wipe out the debt accumulated during COVID and the remainder towards the 'New Stand'. Indirectly, the £60m sill presumably have enabled the club to have a decent (for Palace) transfer kitty this window. Where do you think the money to finance our recent transfers has come from then. It was thought a Zaha transfer was to fund the transfers, but that doesn’t seem the case.
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Painter

Croydon 12 Aug 21 11.46am

Originally posted by doombear

Where do you think the money to finance our recent transfers has come from then. It was thought a Zaha transfer was to fund the transfers, but that doesn’t seem the case.

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Rudi Hedman Caterham 12 Aug 21 12.06pm
Interested to find out the % shareholdings now. COYP
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Rudi Hedman

Caterham 12 Aug 21 12.06pm

Interested to find out the % shareholdings now.

COYP

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doombear Too far from Selhurst Park 12 Aug 21 1.34pm
Originally posted by Rudi Hedman Interested to find out the % shareholdings now. indeed. Since Textor's is new money coming into the club and not the buying up of existing shares, everyone's shareholding will have been diluted.
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doombear

Too far from Selhurst Park 12 Aug 21 1.34pm

Originally posted by Rudi Hedman

Interested to find out the % shareholdings now.

indeed. Since Textor's is new money coming into the club and not the buying up of existing shares, everyone's shareholding will have been diluted.

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