New Forest Eagle
Member
- Location
- Darlington
- Country
England
What worries me the most is the impact this will have on the players we keep and who we get in.
That's the spirit !Today, I've stopped caring. Mainly have a hangover.
Unlikely as it needs to be resolved before the qualifying draw in a weeks time.This is my worry
BBC Sport reported earlier that Glasner's side could have to wait until the end of the month to find out if they are able to play in the 2025-26 Europa League, which may play a factor in Mateta's decision.
It's a shame they didn't take you to UEFA with them. We'd be home and hosedThe Blind Trust route has simply legitimised the behaviour Of the big clubs and piranha investors who what to control smaller clubs while trading on local identities and relationships that are at the heart of football. Even if we had been allowed to set one up now it would not have been appropriate to CPFC’s very different busines model.
CPFC model is very different to controlling capitalism model in that it brings in the investment needed while keeping much control at the local club level. The fact that John Textor clearly does not have control of decision making despite a 43% share at the investment level is testimony to the skill with which SP has retained a collaborative model of 25% equal voting shares for four directors (from his original partnership with Steve Browett et al) and strategic authority to himself to protect CPFC while still getting in the capital needed. This local Club based model should be seen by UEFA as a far more effective way to tackle the multi club ownership problem than the sham of blind trusts which allow the big guys to continue to control the small clubs.
Textor owns & has control of Lyon, but, not Palace, he maybe the largest shareholder, but he has equal influence with the 3 other directors/owners. From what I've seen & read, on that alone, there is not conflict of interest.
From a compliance angle I'm not sure a shareholders nationality is relevant?What if Textor can persuade one of the Americans to vote his way on something? Are Uefa expected to take our word for it that Harris & Blitzer will always side with Parish.
The easiest way out of this impasse is for Parish to relinquish his demand for a golden share which will allow Textor to sell his shares as no-one will want to buy them with the current restrictions
UEFA rule 5.01 c iv. prohibits an individual or a legal entity being able to exercise “by any means a decisive influence in the decision-making of the club”. Our problem may turn on UEFA’s definition of decisive influence in the context of Textor’s ownership.Now, Textor owns & has control of Lyon, but, not Palace, he maybe the largest shareholder, but he has equal influence with the 3 othe directors/owners. From what I've seen & read, on that alone, there is not conflict of interest.
If UEFA rule against us I think we have a good case to take to CAS and ask for an injunction to allow us to compete.UEFA rule 5.01 c iv. prohibits an individual or a legal entity being able to exercise “by any means a decisive influence in the decision-making of the club”. Our problem may turn on UEFA’s definition of decisive influence in the context of Textor’s ownership.
It's about voting over shareholding, voting being the dynamicUEFA rule 5.01 c iv. prohibits an individual or a legal entity being able to exercise “by any means a decisive influence in the decision-making of the club”. Our problem may turn on UEFA’s definition of decisive influence in the context of Textor’s ownership.
I am disturbed almost every day by legal firms calling me saying "have you been excluded from a European contest that wasn't your fault?"If UEFA rule against us I think we have a good case to take to CAS and ask for an injunction to allow us to compete.
The definition of "influence" is flaky to say the lease. Then there is the blind trust must be done by March 1st, a ridiculous deadline. I would argue to CAS the following:
1. Crystal Palace were only informed they did not meet the rule after the March 1 so had no opportunity to comply. Because the rules are so flaky the club did not believe it applied to them.
2. March 1 was an unfair deadline as the club has no way of knowing it would qualify for Europe on that date.
History shows us that whenever the football authorities are dragged into court they lose far more than they win because their rules are anti competitive and muddled.
Time for Parish to instruct lawyer Dean Dunham!!I am disturbed almost every day by legal firms calling me saying "have you been excluded from a European contest that wasn't your fault?"
I think there must be huge precedent for legal success in this area.
Exactly it is open to interpretation and so ambiguous. We don't have laws speeding laws which say 30 miles per hour "ish" or you can drink and drive if you have 2 or 3 pints.UEFA rule 5.01 c iv. prohibits an individual or a legal entity being able to exercise “by any means a decisive influence in the decision-making of the club”. Our problem may turn on UEFA’s definition of decisive influence in the context of Textor’s ownership.
Even if one or the other of H&B voted with him, that would still only split the vote 50/50, and Parish has the casting vote in this situation. Textor would need two of the other to vote with him - and that would simply be democratic, not a controlling interest.Exactly it is open to interpretation and so ambiguous. We don't have laws speeding laws which say 30 miles per hour "ish" or you can drink and drive if you have 2 or 3 pints.
If Textor had 51% voting rights then we can all agree that is decisive but he doesn't. You can argue that yes but if one or other of Harris and Blitzer vote with him then he does. However you could say that about any shareholder. If I owned 1% of Palace and proposed we buy Ronaldo if the others agreed it was a great idea does that mean I have a decisive influence?
If there was a legal document in place that said that Blitzer had given his voting rights to Textor that would be a different matter.
There are rulings in regard to parent company and subsidiaries and the precedence of voting over shareholdingExactly it is open to interpretation and so ambiguous. We don't have laws speeding laws which say 30 miles per hour "ish" or you can drink and drive if you have 2 or 3 pints.
If Textor had 51% voting rights then we can all agree that is decisive but he doesn't. You can argue that yes but if one or other of Harris and Blitzer vote with him then he does. However you could say that about any shareholder. If I owned 1% of Palace and proposed we buy Ronaldo if the others agreed it was a great idea does that mean I have a decisive influence?
If there was a legal document in place that said that Blitzer had given his voting rights to Textor that would be a different matter.