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September 21 2021 11.32pm

John Textor

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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 11 Aug 21 9.03pm Send a Private Message to braunstoneagle Add braunstoneagle as a friend

Originally posted by Painter

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)

(excuse the pun) you painted the picture perfectly.

i have often called out people on here for posting without facts/doing research.

if you are going to post tripe about a lack of spending on transfers etc, than at least actually understand the business model you are ranting about, a balance sheet is not that hard to understand, especially if you are going to comment in it.

with hindsite that big fat crooked sam transfer window was both great, but bad at the same time, as was the sakho signing afterwards.

however, it seems the club has learnt from that and is moving forward with a new ethos…it will prob take a few years for it to bear fruit but if we can maintain our PL status throughout that time all will be good.

 


‘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 Badger11's Profile Badger11 Flag Beckenham 11 Aug 21 9.05pm Send a Private Message to Badger11 Add Badger11 as a friend

Hopefully Textor is a good owner for us. In general I am in favour of widening the club ownership I prefer having multiple shareholders rather than being at the whim of one individual owner. Just ask the Arsenal fans.

The Southampton guy was a good owner but died and his daughter doesn't seem that interested. Chelsea's owner may end upsetting his mate Putin or facing UN sanctions it's a possibility.

Anyway lets hope it is a harmonious group of owners who are measured and thoughtful.

 


One more point

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View dreamwaverider's Profile dreamwaverider Flag 11 Aug 21 9.06pm Send a Private Message to dreamwaverider Add dreamwaverider as a friend

I wonder if he will join the Ultras? Although I prefer the atmosphere in the Arthur. If he builds us a new Stand it will have to be the Textor.

Edited by dreamwaverider (11 Aug 2021 9.06pm)

 

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View PatrickA's Profile PatrickA Flag London 11 Aug 21 9.07pm Send a Private Message to PatrickA Add PatrickA as a friend

As I said, many will see it as postive.
But then don't complain if a Super League eventually becomes established, if games are moved to America or Asia and 3pm Saturday games become a rarity owing to global media demands.
It's correct to say Americans are protective of their investments, but there is , or may will be, a price to pay in the long term.
The economics are well understood but to lose the feeling of being a community club would be a real shame.
It's understood that many won't care if we claw a mid table finish each season.
To potentially lose the soul of the club to achieve such an objective could be a heavy price to pay.
I accept this may be a minority view but this is supposed to be a forum for debate.

 

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View dreamwaverider's Profile dreamwaverider Flag 11 Aug 21 9.09pm Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Arfur Textor Ultras. Got a good ring to it. This is top news. Up to the Ultras to come up with a song.

Edited by dreamwaverider (11 Aug 2021 9.11pm)

 

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View Goal Machine's Profile Goal Machine Flag The Cronx 11 Aug 21 9.52pm Send a Private Message to Goal Machine Add Goal Machine as a friend

It doesn’t sit well with me. Wealthy overseas owner coming in with no affiliation to the club. This is a small scale version of what happened at Chelsea and Man City, which I absolutely despise.

Unfortunately this is what the Premier League has become and what is necessary to survive. What a sad state football has become. Clubs should be made to run like businesses with no outside financial influence.

I’ve been the most excited about the new season as I have been for about 5 years with all the new signings. Probably should have put 2 and 2 together, but this puts a dampener on it for me. We’re no different from the rest.

 

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View TheBigToePunt's Profile TheBigToePunt Flag 11 Aug 21 10.16pm Send a Private Message to TheBigToePunt Add TheBigToePunt as a friend

Originally posted by Goal Machine

It doesn’t sit well with me. Wealthy overseas owner coming in with no affiliation to the club. This is a small scale version of what happened at Chelsea and Man City, which I absolutely despise.

Unfortunately this is what the Premier League has become and what is necessary to survive. What a sad state football has become. Clubs should be made to run like businesses with no outside financial influence.

I’ve been the most excited about the new season as I have been for about 5 years with all the new signings. Probably should have put 2 and 2 together, but this puts a dampener on it for me. We’re no different from the rest.

Sadly I can only agree with most of what you say, although I would reach a slightly different conclusion. Any money we've spent has to get cleared by the FFP regs, so even if the cash has come straight from the pocket of a rich individual as reported, we still have to be good for it as a club.

 

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View dreamwaverider's Profile dreamwaverider Flag 11 Aug 21 10.45pm Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Originally posted by Goal Machine

It doesn’t sit well with me. Wealthy overseas owner coming in with no affiliation to the club. This is a small scale version of what happened at Chelsea and Man City, which I absolutely despise.

Unfortunately this is what the Premier League has become and what is necessary to survive. What a sad state football has become. Clubs should be made to run like businesses with no outside financial influence.

I’ve been the most excited about the new season as I have been for about 5 years with all the new signings. Probably should have put 2 and 2 together, but this puts a dampener on it for me. We’re no different from the rest.


You are spot on but You got to put those thoughts behind you. You won’t be able to change things. So if you follow the football you just have to accept this is all part of it. Or go and follow your local non league club. Just enjoy I for what it is.

 

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View crvenaeagle's Profile crvenaeagle Flag 11 Aug 21 10.56pm Send a Private Message to crvenaeagle Add crvenaeagle as a friend

Originally posted by Goal Machine

It doesn’t sit well with me. Wealthy overseas owner coming in with no affiliation to the club. This is a small scale version of what happened at Chelsea and Man City, which I absolutely despise.

Unfortunately this is what the Premier League has become and what is necessary to survive. What a sad state football has become. Clubs should be made to run like businesses with no outside financial influence.

I’ve been the most excited about the new season as I have been for about 5 years with all the new signings. Probably should have put 2 and 2 together, but this puts a dampener on it for me. We’re no different from the rest.

Sums it up for me too Mr. Machine. What do you decide upon, Premier League security with rich foreign investors or lower league obscurity?

Having looked at the guys Twitter it explains that weird Jacob Montes signing at the beginning of the window.

 

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View syd snot's Profile syd snot Flag munich 11 Aug 21 11.26pm Send a Private Message to syd snot Add syd snot as a friend

Oh dear!

 

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View davidmyboy's Profile davidmyboy Flag 11 Aug 21 11.49pm Send a Private Message to davidmyboy Add davidmyboy as a friend

John Texter wanted to buy into Benfica not sure if he did, listened to him talking on Portuguese TV about his plans. He seems very genuine ,interested, down to earth quite happy he has invested, not sure how much money he has to lose or invest but came across as a very genuine sports fan. Hope I'm right. Good luck to him.

 

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View Hudsoneagle's Profile Hudsoneagle Flag 12 Aug 21 1.54am Send a Private Message to Hudsoneagle Add Hudsoneagle as a friend

I think for me the main issue I have is that foreign investors tend to have diverse goals/intentions.

Take Roman at Chelsea and the City owners. They wanted sporting success where the cost didn’t matter. They bought it and once they had it, they made sure to solidify their position for future success.

Then there’s the owners at Leicester who I believe to be a bit of an anomaly. Great success, great model, didnt buy their titles…they earned it.

Then there are all the other foreign owners. The type to see clubs as a future investment. Plough 90m in today and one day get back 200m for your shares. All they have to do is stay in the Prem every year and each year their investment grows in its worth until one day a new bumper TV deal is agreed that makes the club a great return. But these owners tend to prefer security over a push for honours. Keeping the status quo is more important than winning something…but let’s be honest that’s not easy to do.

Perhaps none of these situations to most palace fans are too distasteful. I’ve always been happy to stay up…that’s me being honest. I’d love a good cup final again mind!

These guys are not going to buy us success. They may not even build something, build a club model, something to guarantee future success. They will only invest their money in ventures they considered

 

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