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Palace potentially denied entry to Europa League?

Badger11 said:
Okay so it's official, the next question is what is he like as an owner.

I Have heard that he is not liked by the fans of his US team and that he doesn't put his hand in his pocket. Great another rich American owner with short hands and deep pockets.

Hopefully someone will correct me.
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I honestly don’t care, if it means we’re in Europe, he’ll do for me
 
Hrolf The Ganger said:
Why?
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Because I can't see how it aligns with the clubs values, but I don't expect everyone to agree with that. As others have said, he was late to joining the Trump camp, and there are probably at least nineteen worse investors currently in the Premier League.
Ultimately, we all hope that he offers financial support without too much meddling. We seem to finally have things aligned and it would be gutting to see it derailed.
The post I was originally responding to was concerned that the HF might raise a voice. Given that last year a banner criticising Textor's involvement as a multi-club was displayed it's not always a bad thing.
 
Badger11 said:
Okay so it's official, the next question is what is he like as an owner.

I Have heard that he is not liked by the fans of his US team and that he doesn't put his hand in his pocket. Great another rich American owner with short hands and deep pockets.

Hopefully someone will correct me.
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We will find out. But he's been to Selhurst Park ... He must know, considering his swanky lifestyle, that it needs a bit of an upgrade and it's been an issue for the current Directors to get it done.

If he puts money into the ground that increases the value of the club and will offer 50-100 years of increased income streams. It does seem expensive but so do many signings, especially the ones who get injured or rarely play. Sports are risky. But, without room for complacency, a well funded first team and great manager means relegation is less risky now as the step up from the Championship is tougher than it's ever been.

He wanted the finished article (and dodged a bullet with Chelsea who have proved anything but) and now he's gone for a doer-upper. Maybe that's more the fashionable way to go in the USA after the Wrexham story and the US celebrity involvement in Birmingham City? And we're leagues ahead of those two.
 
highbury eagle said:
Because I can't see how it aligns with the clubs values, but I don't expect everyone to agree with that. As others have said, he was late to joining the Trump camp, and there are probably at least nineteen worse investors currently in the Premier League.
Ultimately, we all hope that he offers financial support without too much meddling. We seem to finally have things aligned and it would be gutting to see it derailed.
The post I was originally responding to was concerned that the HF might raise a voice. Given that last year a banner criticising Textor's involvement as a multi-club was displayed it's not always a bad thing.
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I don't remember there being a vote on club values.
If you are talking about virtue signalling as a business practice, then I guess we know what you mean.

The values of fans are their own business. If you look at the other Palace site, you might assume that the club was infested by Leftists. I'm guessing that they are just the ones who make the most noise.

The clubs 'values' should be to be successful on and off the field. Politics shouldn't enter into it.
 
Speculation on my part, but it may be that the club was given until the end of June to resolve the ownership issue and it looks as if at least that is happening.

What is unknown is if Johnson will have a greater say than Textor in the running of the club.
The problem of Textor's multi ownership has been removed, but we shall have to see if Johnson's investment comes with strings attached.

As to the morality aspect I would point to the likes of Newcastle, Man City, Man Utd and would think comparatively we come out smelling of roses.
 
In 7 days time we should find out, one way or another, if this sale has worked & we have European football to look forward to, well, that's what all the articles/bbc/SSN etc have been saying "UEFA will deliver it's verdict/findings/decision by the end of June" that's a week today, 7 days.
 
PatrickA said:
Speculation on my part, but it may be that the club was given until the end of June to resolve the ownership issue and it looks as if at least that is happening.

What is unknown is if Johnson will have a greater say than Textor in the running of the club.
The problem of Textor's multi ownership has been removed, but we shall have to see if Johnson's investment comes with strings attached.

As to the morality aspect I would point to the likes of Newcastle, Man City, Man Utd and would think comparatively we come out smelling of roses.
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Spiderman said:
He actually supported others against Trump initially, but as many others do, through his weight behind the victor. So not a true Trumper but anyway, what has his political affiliation got to do with Palace? Weren’t at least 2 of CPFC 2010 Brexiteers
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He likes winners that why he has put his money into us .
Hope he lives long enough for the deal to go through .
We are all going on an European tour
 
Putitout said:
This is a very real problem, Spurs, last year, West Ham, flirted with relegation when winning the Euro cup and when just competing. Burnley, and Everton I remember being in league trouble until they were knocked out. Even that lot by the sea side suffered quite a bit of disruption during and after their European adventure.
There is plenty of time but Palace really need to fill the squad out , the squad performed pretty well toward the end of last season, so the quality is not bad, but with a few injuries we would struggle to cope in four competitions.
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I think the difference is we have Glasner who has won this before and knows what it takes. Yes we need to expand the squad but I'd say three additions to what we have (while replacing any one that leaves) as well as making full use of our promising youngsters in the early rounds of the domestic cups.
 
highbury eagle said:
Being a billionaire is not a guarantee he will be throwing money around. It's an investment, so a degree of caution as to what to expect is common sense. As for his Trump connection, why should we embrace this? It's hardly something we should take pride in.
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I'm left-leaning and could not give one f*** if Johnson has connections to Trump. Most wealthy people in America do
 
Eaglecoops said:
Hmmm, we’ve replaced one owner who only complained about having no control with another who might not be so understanding. Whilst I wasn’t at all keen on Textor, I’m not sure this is a leap forward for Palace, although of course we await an understanding of how the new structure will work? Same as before, or same but different?
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I doubt Parish (or Blitzer or Harris come to that) would change the structure of the boardroom just to appease a new investor. Johnson would have gone into this deal with his eyes wide open and will be well aware Palace have no interest in becoming part of a MCO model which is why Textor was forced to sell and move on in the first place.
There is a possibility that he may have longer term goals to buy out Harris and Blitzer but thats a conversation for another day.
I'm betting, for now at least, Johnson will have simply stepped into the same shoes Textor was wearing yesterday
 
Teddy Eagle said:
Could be a tricky phone call though.
- Alright, Woody? You know that £200 m you just spent? Well, we need the same again to buy a few players.
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No we dont. The club has a budget that comes from its income for transfers. This is grown futher by any outgoing transfers (like when Olise was sold last season which enabled the club to add Sarr and Chalobah to what we'd alread purchased).
Parish mentioned before the cup final that the club have big plans for supporting Glasner in the transfer market this summer. I imagine any money that the owners were going to be putting in was agreed long ago (if any) and Textor's share of that possible figure will already have been sanctioned by Johnson as part of his deal with Textor.
 
est1905 said:
No we dont. The club has a budget that comes from its income for transfers. This is grown futher by any outgoing transfers (like when Olise was sold last season which enabled the club to add Sarr and Chalobah to what we'd alread purchased).
Parish mentioned before the cup final that the club have big plans for supporting Glasner in the transfer market this summer. I imagine any money that the owners were going to be putting in was agreed long ago (if any) and Textor's share of that possible figure will already have been sanctioned by Johnson as part of his deal with Textor.
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How much of that budget was predicated on Guehi leaving?
 
mileend said:
The Guardian report this morning suggests that Harris and Blitzer want out because of the costs of the new stand so Woody might end up with (be planning to purchase) the whole lot in which case if he's wise keep a very skilled chief executive in Parish running things

www.theguardian.com

Woody Johnson signs £190m deal to buy John Textor’s shares in Crystal Palace

The Premier League is likely to ratify the sale within four weeks in what should be a major boost to Crystal Palace hope of playing in the Europa League
www.theguardian.com www.theguardian.com
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It works at Spuds. The owners there stay well out of things there and pay Levy (very well) to run it day to day.
I dont see why that wouldn't work for Palace if (big IF) Blitzer and Harris do want out.
 
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