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May 22 2024 12.45am

John Textor

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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 10 Mar 23 4.31pm Send a Private Message to ASCPFC Add ASCPFC as a friend

Wonder if Textor ever played as a striker?

 


Red and Blue Army!

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View Badger11's Profile Badger11 Flag Beckenham 05 Jul 23 9.33am Send a Private Message to Badger11 Add Badger11 as a friend

Found this on the other site


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Breaking | The DNCG - French football's financial watchdog - moves to sanction Lyon for the 2023/24 season due to financial irregularities in the budget presented by John Textor. The DNCG will prevent wage bill inflation & be able to block transfer incomings this season.
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This will disappoint John Textor, who at the 11th hour attempted to move Eagle Football's share capital in Crystal Palace, Molenbeek and Botafogo into the Lyon holding company, OL Groupe, to boost its asset base by €300m. DNCG felt this was insufficient. Full story follows.

 


One more point

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View Lanzo-Ad's Profile Lanzo-Ad Flag Lanzarote 05 Jul 23 10.01am Send a Private Message to Lanzo-Ad Add Lanzo-Ad as a friend

Originally posted by Badger11

Found this on the other site


Get French Football News
@GFFN
·
1h
Breaking | The DNCG - French football's financial watchdog - moves to sanction Lyon for the 2023/24 season due to financial irregularities in the budget presented by John Textor. The DNCG will prevent wage bill inflation & be able to block transfer incomings this season.
Get French Football News
@GFFN
·
1h
Replying to
@GFFN
This will disappoint John Textor, who at the 11th hour attempted to move Eagle Football's share capital in Crystal Palace, Molenbeek and Botafogo into the Lyon holding company, OL Groupe, to boost its asset base by €300m. DNCG felt this was insufficient. Full story follows.

Oh Dear

 


“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

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View Badger11's Profile Badger11 Flag Beckenham 05 Jul 23 11.18am Send a Private Message to Badger11 Add Badger11 as a friend

If true this smacks of Robert Maxwell using shares from one company to prop out his other companies, a Ponzi scheme.

 


One more point

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View doombear's Profile doombear Flag Too far from Selhurst Park 05 Jul 23 11.47am Send a Private Message to doombear Add doombear as a friend

Originally posted by Badger11

If true this smacks of Robert Maxwell using shares from one company to prop out his other companies, a Ponzi scheme.


Also, no wonder there seems to have been a sharp disagreement between him and Parish.

 

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View est1905's Profile est1905 Flag 05 Jul 23 1.02pm Send a Private Message to est1905 Add est1905 as a friend

Sounds like Textor might be spreading himself a bit thin!

 

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View Bearcage's Profile Bearcage Flag Welling 08 Jul 23 9.32am Send a Private Message to Bearcage Add Bearcage as a friend

UEFA seems to be clamping down on dual owners having influence in more than one European club, transfers between dual owned clubs, etc….
Which may change things for Textor and Palace

[Link]

 

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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 08 Jul 23 11.16am Send a Private Message to ASCPFC Add ASCPFC as a friend

He's in trouble at all of his clubs. I hope it's not affecting us.

 


Red and Blue Army!

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View Lanzo-Ad's Profile Lanzo-Ad Flag Lanzarote 08 Jul 23 1.14pm Send a Private Message to Lanzo-Ad Add Lanzo-Ad as a friend

Originally posted by Badger11

If true this smacks of Robert Maxwell using shares from one company to prop out his other companies, a Ponzi scheme.

And like the Glazers, borrowing against his assets, shyster?

 


“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

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View dreamwaverider's Profile dreamwaverider Flag London 09 Jul 23 6.46am Send a Private Message to dreamwaverider Add dreamwaverider as a friend

OMG. Not good news for us. Thankfully he has still only got a minority stake with us, but it does not bode well for our short term player funding.

Can't believe Harris and Blitzer are too impressed, and we already know SP's view.

What's going on at Textures south american club Botafago? Last I heard, the players were not being paid.

Very messy.

 

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View Elpis's Profile Elpis Flag In a pub 10 Jul 23 9.19am Send a Private Message to Elpis Add Elpis as a friend

Originally posted by Lanzo-Ad

And like the Glazers, borrowing against his assets, shyster?

Its an American business model that has seen the rape of European football clubs . I said it at the time and will say it again , getting Americans on board will only end in tears .

Multi millionaires who are investors are not investing for the benefit of the club they are investing to get a return on their money . That of course could go hand in hand with success on the field but you can gaurentee its not something thats factored into the plan .

 

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View doombear's Profile doombear Flag Too far from Selhurst Park 10 Jul 23 9.40am Send a Private Message to doombear Add doombear as a friend

Originally posted by Elpis

Its an American business model that has seen the rape of European football clubs . I said it at the time and will say it again , getting Americans on board will only end in tears .

Multi millionaires who are investors are not investing for the benefit of the club they are investing to get a return on their money . That of course could go hand in hand with success on the field but you can gaurentee its not something thats factored into the plan .

I would want to draw a distinction between Textor on the one hand and Harris and Blitzer on the other.

I see the latter two as typical American investors. They are looking to see their investment grow in value. At the right time they will look to take their profits and reinvest elsewhere. In the meantime, they will put just enough money into the club to try and keep it in the PL. Any success on the field would be a nice bonus.

Textor on the other hand appears to have overstretched himself building his sport empire with a lot of debt (i.e. other peoples' money). I suspect he may have overpaid for his investment in our club and possibly for Lyon. He seems desperate for quick success. He worries me. Just my opinion. I don't have facts and figures.

 

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