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February 5 2023 3.09pm

Parish verses Textor?

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View Nicholas91's Profile Nicholas91 Flag The Democratic Republic of Kent 20 Jan 23 1.17pm Send a Private Message to Nicholas91 Add Nicholas91 as a friend

Originally posted by Midlands Eagle

I hope that anyone watching the game realised that the stupid banner only represented the views of a tiny minority of fans and the rest of us are happy not to condemn someone without knowing the facts

That tiny minority seem to feel as though they are the ones who run this club though ME. You can therefore see where the public demonstration of anger comes from

 


Now Zaha's got a bit of green grass ahead of him here... and finds Ambrose... not a bad effort!!!!

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View robdave2k's Profile robdave2k Flag 20 Jan 23 2.09pm Send a Private Message to robdave2k Add robdave2k as a friend

Originally posted by Wilbraham413

Simple solution is for Textor to put some of his precious cash into the club, rather than buying a team in every league on earth. Or does Textor want Parish to just put more of Parish's money in?

Our "investors" are really disappointing. The may be better than nothing, but none of them have any real interest in the club, nor are they putting significant money into it. I actually have no idea why they signed on.

Textor is a snake oil salesman, and Harris & Blitzer are leeches.

Well you have my vote for taking over. Show us your funds and you have my support.

Edited by Wilbraham413 (20 Jan 2023 2.19am)

 

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View NEILLO's Profile NEILLO Online Flag Shoreham-by-Sea 20 Jan 23 2.44pm Send a Private Message to NEILLO Add NEILLO as a friend

Originally posted by sydtheeagle

Neillo, regarding your observations, my thoughts are:

On this point I agree with you entirely. Either a). Textor didn't do a very good job of due diligence, b). he believed that once he came in, he would be able to be more influential than he has been, or c). he was fleeced by Harris, Blitzer, and Parish who saw a chance to part an enthusiastic fool from his money to secure additional investment. Either way, in terms of what he personally wants to gain, Textor has bought a pup.


Textor paid approx £300m for a 77% share in Lyon. That’s aside from his other club interests.

So I would contend that he would have enough funds to buy Harris and Blitzer out if, as I said, his focus was on Palace only. Harris and Blitzer would have had to sell up if their bid for Chelsea had been successful. That, together with their reported desire to sell a couple of years ago, suggests that they would sell when the right buyer came along.

I totally get that H and B effectively hire Parish to run the club. And I think he’s done a pretty good job. But if the reports of friction are true we are in for interesting times because if Textor sees Parish as a blocker to his investment in Palace growing, he will do something about it.

My point about due diligence I caveat with the observation that none of these guys got wealthy by accident.

 


Old, Ungifted and White

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View orpingtoneagle's Profile orpingtoneagle Flag Orpington 20 Jan 23 4.03pm Send a Private Message to orpingtoneagle Add orpingtoneagle as a friend

What I am struggling with is that it appears that Textor and Parish got together this week to discuss transfer targets for this window.

The window is half over! Had there been any serious intention to sign anyone decent then the deal making should have started by now. We should not be looking at what that budget is.

I know they say only the desperate or mad buy in January but I suggest we might be bordering on the desperate!

 

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View Nicholas91's Profile Nicholas91 Flag The Democratic Republic of Kent 20 Jan 23 4.15pm Send a Private Message to Nicholas91 Add Nicholas91 as a friend

Originally posted by orpingtoneagle

What I am struggling with is that it appears that Textor and Parish got together this week to discuss transfer targets for this window.

The window is half over! Had there been any serious intention to sign anyone decent then the deal making should have started by now. We should not be looking at what that budget is.

I know they say only the desperate or mad buy in January but I suggest we might be bordering on the desperate!

Whilst I thought this too, perhaps there was a suggestion Textor envisaged some activity, which Parish would oversee, but as we are all too aware, there has been none. Just a suggestion nothing borne from knowledge or insight.

 


Now Zaha's got a bit of green grass ahead of him here... and finds Ambrose... not a bad effort!!!!

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View Plaistow Eagle's Profile Plaistow Eagle Flag 20 Jan 23 6.45pm Send a Private Message to Plaistow Eagle Add Plaistow Eagle as a friend

Originally posted by Nicholas91

Whilst I thought this too, perhaps there was a suggestion Textor envisaged some activity, which Parish would oversee, but as we are all too aware, there has been none. Just a suggestion nothing borne from knowledge or insight.

Hmm

Having read the article I'm more coming round to what "Syd" has said and the above.

In that I'm beginning to wonder whether the scenario is that is Parish is being asked to match investment in percentage terms according to shareholding that other investors are willing to put in - but just isn't in a financial position to do so.

Look we all know that Parish whilst "rich" isn't Premier League rich..!!

In which case is this causing the frustration..??

Give you an example I was with a Brighton fan today and we were discussing club ownership - he thought Parish owned us - when I said we were 76% American owned and that Parish only owned 10% he was shocked..!!

So in those terms Parish is and loves being the face of Crystal Palace in terms of ownership.

To put an analogy on it is Parish happy and loves to be seen driving around in his Ferrari but he only has a 10% deposit on it and has no financial resources to pay for the running, maintenance or required upgrades to it..!!

I could be entirely wrong - but if you were supporting the vast majority of the costs for running and development (income aside) of Palace and someone else was taking all the credit for it - whilst putting no money in themselves wouldn't it begin to irk you..!!

Just a thought..!!

COYP

 

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View Qwijibo's Profile Qwijibo Flag Bournemouth 20 Jan 23 7.00pm Send a Private Message to Qwijibo Add Qwijibo as a friend

Originally posted by sydtheeagle

All of this rings absolutely true. I don't know why so many people have an issue with Textor when it's plain to see that the problem is Harris and Blitzer. Textor is a minority investor with a relatively limited say in how things work. He's plainly more ambitious than both Harris and Blitzer, but he's constrained in what he can do and to what extent he can influence our plans due to his very limited status. I don't blame him for his French ventures; at least he can drive his latest club forward without being hindered by his partners.

As a minority owner, Textor cannot independently just put money into Palace to fund transfers or anything else without permission from the majority owners, who would presumably have to match his appetite for progress by putting in equivalent funds of their own (or by increasing Textor's share of the club) and don't want to. Textor is right that we should be building on the foundation of last year's success. That Harris and Blitzer seemingly have no desire to do that is hardly his fault.

If Parish and Textor had a meeting this week, one would hope the subject was "what are we going to do about Blitzer and Harris?" Although the relationship between Parish and Textor appears to have been adversarial to date, it seems they have a common interest in that both recognise the need to invest in the team, a view not, as I said, shared by the majority owners of the club. If Parish and Textor could put their differences aside and improve their personal relationship, it would serve us all well.

To repeat what I've been saying for some time now, Harris and Blitzer really need to either a). get serious about Palace, and start really supporting the club rather than simply trying to increase the capital value of their asset, or b). sell the club to someone who has genuine ambition to see progress beyond simply the building of new facilities. The HFs anti-Textor position demonstrates a profound lack of understanding about how the club is run from a financial perspective.

(And by the way, would whoever started this thread please learn the f***ing difference between poetry and competition? It's VERSUS. Not verses.)

Edited by sydtheeagle (20 Jan 2023 9.41am)

Noted, you condescending old c***.

 

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View Plaistow Eagle's Profile Plaistow Eagle Flag 20 Jan 23 7.13pm Send a Private Message to Plaistow Eagle Add Plaistow Eagle as a friend

Originally posted by Plaistow Eagle

Hmm

Having read the article I'm more coming round to what "Syd" has said and the above.

In that I'm beginning to wonder whether the scenario is that is Parish is being asked to match investment in percentage terms according to shareholding that other investors are willing to put in - but just isn't in a financial position to do so.

Look we all know that Parish whilst "rich" isn't Premier League rich..!!

In which case is this causing the frustration..??

Give you an example I was with a Brighton fan today and we were discussing club ownership - he thought Parish owned us - when I said we were 76% American owned and that Parish only owned 10% he was shocked..!!

So in those terms Parish is and loves being the face of Crystal Palace in terms of ownership.

To put an analogy on it is Parish happy and loves to be seen driving around in his Ferrari but he only has a 10% deposit on it and has no financial resources to pay for the running, maintenance or required upgrades to it..!!

I could be entirely wrong - but if you were supporting the vast majority of the costs for running and development (income aside) of Palace and someone else was taking all the credit for it - whilst putting no money in themselves wouldn't it begin to irk you..!!

Just a thought..!!

COYP

Meant to say whilst insisting on full autonomy, management and control..!!

As I said Hmm..!!

COYP

 

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View sydtheeagle's Profile sydtheeagle Flag England 20 Jan 23 7.40pm Send a Private Message to sydtheeagle Add sydtheeagle as a friend

Originally posted by NEILLO

Textor paid approx £300m for a 77% share in Lyon. That’s aside from his other club interests.

That is not strictly correct. Eagle Football, of which John Textor is chairman and a shareholder paid £300 million for Lyon. Eagle Football is an investor group. The £300m is not John Textor's but the cumulative sum made up by the various parties in the group. It may well be that they had no interest in spending their money on CPFC and thought Lyon was an investment that would yield a better return. If that's the case, there's nothing Textor could do. He can recommend purchasing Palace, but that is all. It's not his money to spend as he wishes.

Edited by sydtheeagle (20 Jan 2023 7.44pm)

 


Sydenham by birth. Selhurst by the Grace of God.

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View sydtheeagle's Profile sydtheeagle Flag England 20 Jan 23 7.43pm Send a Private Message to sydtheeagle Add sydtheeagle as a friend

Originally posted by Qwijibo

Noted, you condescending old c***.

Old, true (and now ten hours older than when I initially condescended).

C±±t. Yes. Too much evidence to deny it.

Condescending. Proven.

But literate. There's a silver lining to every c±±ntish cloud, isn't there?

 


Sydenham by birth. Selhurst by the Grace of God.

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View Spiderman's Profile Spiderman Flag Horsham 20 Jan 23 7.53pm Send a Private Message to Spiderman Add Spiderman as a friend

Originally posted by Midlands Eagle

I hope that anyone watching the game realised that the stupid banner only represented the views of a tiny minority of fans and the rest of us are happy not to condemn someone without knowing the facts

This. I think we have been on the same page, for several years, when we have said that any prospective buyers would be put off by Parish wanting to keep his present role. Maybe it is time to move one. Is SP only interested in the future of CP? I am beginning to doubt this, 3rd highest paid Chairman in the PL!

 

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View Spiderman's Profile Spiderman Flag Horsham 20 Jan 23 7.55pm Send a Private Message to Spiderman Add Spiderman as a friend

Originally posted by orpingtoneagle

What I am struggling with is that it appears that Textor and Parish got together this week to discuss transfer targets for this window.

The window is half over! Had there been any serious intention to sign anyone decent then the deal making should have started by now. We should not be looking at what that budget is.

I know they say only the desperate or mad buy in January but I suggest we might be bordering on the desperate!

Gives Parish a get out of jail card when no incoming transpires. Not for the first time

 

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