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John Textor

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View doombear's Profile doombear Flag Too far from Selhurst Park 11 Aug 21 6.47pm Send a Private Message to doombear Add doombear as a friend

Originally posted by KAOS

So let's see how this plays out!

[Link]


Glad to see you spelled his name right in your thread heading.

 

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View KAOS's Profile KAOS Flag In a tree 11 Aug 21 6.48pm Send a Private Message to KAOS Add KAOS as a friend

Originally posted by adelaar


Didn't we say this when Blitzer and Harris came on board, and look how that turned out. Why is this any different?
Blooms investment at Brighton is what Parish would do if he had that level of cash. Unfortunately he doesn't and so needs to bring others on board. Call me cynical but this worries me long term, because we all know they're only it to make some money.

It could be argued without the incumbent US investment, we wouldn't be in the Prem still so personally, I think this latest news is only positive.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 11 Aug 21 7.02pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by KAOS

It could be argued without the incumbent US investment, we wouldn't be in the Prem still so personally, I think this latest news is only positive.

Without the Americans loaning the money for the Allardyce transfer window we would’ve been relegated.

 


COYP

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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 11 Aug 21 7.07pm Send a Private Message to braunstoneagle Add braunstoneagle as a friend

on a previous thread about palace finances i thanked donna & blitzen for putting up the funds for this summers spending.

i would like to retract that thanks & instead thank mr textor for putting up the funds for this summers spending.

welcome mr textor

 


‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway


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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 11 Aug 21 7.09pm Send a Private Message to braunstoneagle Add braunstoneagle as a friend

Originally posted by KAOS

It could be argued without the incumbent US investment, we wouldn't be in the Prem still so personally, I think this latest news is only positive.

kaos…it can not be argued as it is a fact.

 


‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway


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View MR100%'s Profile MR100% Flag 11 Aug 21 7.45pm Send a Private Message to MR100% Add MR100% as a friend

So having saved circa £65 mln on wages this season from players coming off contract and John Textor putting in £87 mln does that mean we still have £60mln odd to spend ? If so whoopee !!!!

 

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View KAOS's Profile KAOS Flag In a tree 11 Aug 21 7.54pm Send a Private Message to KAOS Add KAOS as a friend

Originally posted by braunstoneagle

kaos…it can not be argued as it is a fact.


100% agree mate. Was - uncharacteristically - trying to be diplomatic …

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 11 Aug 21 7.59pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by MR100%

So having saved circa £65 mln on wages this season from players coming off contract and John Textor putting in £87 mln does that mean we still have £60mln odd to spend ? If so whoopee !!!!

We recently reported a loss of £60 mil. The previous year’s accounts were £30-£35 mil.

 


COYP

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View PatrickA's Profile PatrickA Flag London 11 Aug 21 8.02pm Send a Private Message to PatrickA Add PatrickA as a friend

I understand that many will see this as positive, but I am concerned about the heavy weighting of American involvement in the club and indeed the Premier League.
Watching the Prime series it makes one nostalgic for the days of Steve Browett, a fan man and boy who genuinely loves the club.
I would hate the soul of the club to be lost and am concerned we will eventually just be another leisure brand or avenue to explore global media opportunities.

 

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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 11 Aug 21 8.04pm Send a Private Message to braunstoneagle Add braunstoneagle as a friend

Originally posted by MR100%

So having saved circa £65 mln on wages this season from players coming off contract and John Textor putting in £87 mln does that mean we still have £60mln odd to spend ? If so whoopee !!!!

im a bit confused by the numbers in your post…care to elaborate in more detail?

 


‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway


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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 11 Aug 21 8.11pm Send a Private Message to braunstoneagle Add braunstoneagle as a friend

Originally posted by PatrickA

I understand that many will see this as positive, but I am concerned about the heavy weighting of American involvement in the club and indeed the Premier League.
Watching the Prime series it makes one nostalgic for the days of Steve Browett, a fan man and boy who genuinely loves the club.
I would hate the soul of the club to be lost and am concerned we will eventually just be another leisure brand or avenue to explore global media opportunities.

the bottom line is..parish, browett, hoskings & long were prepared to save & buy the club but (to my knowledge) wernt/not willing to fund PL losses.

we could not still be in the PL without outside investment, so its either admin in the championship or take outside investment in a company that loses money every year!

its not ideal, however it is what it is, are where we are!

 


‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway


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View Painter's Profile Painter Flag Croydon 11 Aug 21 8.36pm Send a Private Message to Painter Add Painter as a friend

Originally posted by braunstoneagle

the bottom line is..parish, browett, hoskings & long were prepared to save & buy the club but (to my knowledge) wernt/not willing to fund PL losses.

we could not still be in the PL without outside investment, so its either admin in the championship or take outside investment in a company that loses money every year!

its not ideal, however it is what it is, are where we are!

The failure of people to grasp the economics of the Premier League and thinking money just grows on trees. The majority of income goes on wages, fueled by agents and clubs wanting success.
Without the Americans initial investment a few years ago and financing the Allardyce window, we would be where clubs like Bolton, Middlesborough, Sunderland etc are now, buried in debt with little hope of returning.
I am surprised nobody thought to question, where to vaunted £80m transfer budget, suddenly appeared from. Letting a few contracts of old players expire, doesnt raise that amount of money. Textor was first mentioned in June, but the noise went quiet. Bringing him in, can only be good for the club, it spreads the finacial burden and another wealthy investor, who has a stake to lose, if we dont succeed. One thing wealthy Yanks dont like is losing their investment.


Edited by Painter (11 Aug 2021 8.37pm)

 

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