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April 25 2024 10.36pm

John Textor

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View Pete53's Profile Pete53 Flag Hassocks 26 Jan 23 2.23pm Send a Private Message to Pete53 Add Pete53 as a friend

I've just had a "like" from John Textor to a comment I made on the official Palace Facebook page.

 

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View Badger11's Profile Badger11 Flag Beckenham 26 Jan 23 3.50pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by Pete53

I've just had a "like" from John Textor to a comment I made on the official Palace Facebook page.

What was the comment "We don't need to sign any players"

 


One more point

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View Ginger Pubic Wig's Profile Ginger Pubic Wig Flag Wickham de L'Ouest 26 Jan 23 4.47pm Send a Private Message to Ginger Pubic Wig Add Ginger Pubic Wig as a friend

I am unconvinced Textor is a particularly wealthy individual. I have a hunch he's done a lot with a lot of leverage. Him pressing to buy may be him taking a large risk appetite and we are saddled big time if it goes wrong.

If Harris and Blitzer wanted to spend, I would feel more at ease. If Parish, who is also a minnow Vs other PL owners, feels the risks are not worth taking, then, painful as it is, I think I'd rather we were cautious.

We do need a simpler ownership structure and a more straightforward decision making process. And some bunce.

 


If you want to live in a world full of kindness, respect and love, try to show these qualities.

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View eritheagle's Profile eritheagle Flag Erith 26 Jan 23 5.14pm Send a Private Message to eritheagle Add eritheagle as a friend

He's in South America at the moment trying to sign a player for his new club Lyon. Can't remember the player's name but SSN said he favours a move to EPL. If true he can convince hin to go Palace instead.

 

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View Dubai Eagle's Profile Dubai Eagle Flag 26 Jan 23 5.28pm Send a Private Message to Dubai Eagle Add Dubai Eagle as a friend

Almost every player in the world would say they favour a move to the Premier League because at the moment that's where most of the biggest pay checks are unless you happen to play for PSG

Originally posted by eritheagle

He's in South America at the moment trying to sign a player for his new club Lyon. Can't remember the player's name but SSN said he favours a move to EPL. If true he can convince hin to go Palace instead.

 

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View Badger11's Profile Badger11 Flag Beckenham 26 Jan 23 5.45pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by eritheagle

He's in South America at the moment trying to sign a player for his new club Lyon. Can't remember the player's name but SSN said he favours a move to EPL. If true he can convince hin to go Palace instead.

Is this the Brazilian wonderkid he's been trying to foist on us?

 


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View theorist's Profile theorist 26 Jan 23 6.29pm Send a Private Message to theorist Add theorist as a friend

Joćo Gomes, Flamengo midfielder. [Link]

 

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View Croydon-Trucker's Profile Croydon-Trucker Flag 26 Jan 23 7.38pm Send a Private Message to Croydon-Trucker Add Croydon-Trucker as a friend

Originally posted by Pete53

I've just had a "like" from John Textor to a comment I made on the official Palace Facebook page.

I had one also, its a scam . the person can barely speak English .

Started off asking if i also liked OL team also .

 

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View Badger11's Profile Badger11 Flag Beckenham 26 Jan 23 7.42pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by theorist

Joćo Gomes, Flamengo midfielder. [Link]

Thanks not the guy I was thinking of.

 


One more point

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View sydtheeagle's Profile sydtheeagle Flag England 26 Jan 23 8.08pm Send a Private Message to sydtheeagle Add sydtheeagle as a friend

Originally posted by Ginger Pubic Wig

I am unconvinced Textor is a particularly wealthy individual. I have a hunch he's done a lot with a lot of leverage.

It's not a hunch. A bit of research and you'd easily establish your hunch as a well-known fact. Of course, by your standards and mine (well, I assume you're not a multi millionaire - I'm certainly not) Textor is wealthy, but by PL owner standards he's comfortably towards the bottom of the pack. But he allies his own money to that of other investors who he brings into his Eagle Football group and that's where the leverage comes from.

If Textor buys Palace from Harris & Bliter, we'll be investor-group owned, just like Chelsea and Bournemouth. Textor's investors, however, are unlikely to have the deep pockets Chelsea's do. What you could argue is that Textor is more ambitious on the football side than Harris & Blitzer and has more of an appetite to speculate in pursuit of success on the pitch. Sometimes that's a good thing but if we're honest, sometimes it isn't.

 


Sydenham by birth. Selhurst by the Grace of God.

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View theorist's Profile theorist 26 Jan 23 11.42pm Send a Private Message to theorist Add theorist as a friend

Eagle Football, this year, is planning on taking Lyon public via a SPAC (https://www.investopedia.com/terms/s/spac.asp) merger. Paid 800M for Lyon and looking for a 1.2B valuation for the offering.

The question now would become is whether this is Textor's investors' 'take the money and run' exit strategy from EF, or do they take the money and turn inwards and reinvest into Eagle Football.

[Link]
(Original source: Financial Times)

 

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View dreamwaverider's Profile dreamwaverider Online Flag London 27 Jan 23 1.10am Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Thanks for the link.

According to the information available online so far, it is Eagle Football that will be looking to go public via a SPAC not just Lyon.

This is not good news for Palace, not good news at all.

SPACS in their short history as flotation vehicles do not have good track records.

Textor has now shown his colours and this is not good.

At this stage Eagle Football only have a minority share in Palace.

Hopefully our other shareholders will not sell out to them but who knows.

Foley, new owner at Bournemouth has got a very dubious record with SPACs. He took Paysafe public via a SPAC that has subsequently tanked. He secured massive fees for his services.

Apparently, he too is looking to do something similar with his growing collection of sports clubs.

Textor was or is part of Fubo, another American public company that has tanked in value.

Looks like we are caught up in something that does not bode well at all.

I’m sure more detail will be revealed soon.


Edited by dreamwaverider (27 Jan 2023 1.25am)

 

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