Textor buying Everton? / Bids to buy Palace outright

[ASCPFC]

If you’ve got that much money that you need to invest £230m in something to generate a return - and you don’t mind a bit of downside risk - maybe the PL and a club like Palace who can occasionally come up with a resellable mega star - still represents a reasonable punt

The usual return is selling for a profit - but valuing Palace at 500mil seems a little high. If the ground were done, then maybe.

 

[Midlands Eagle]

Would you put any faith in a so called Business man, who bought 45% of a business, but only has 25% say in what goes on, disaster at Lyon, he seem a sandwich short of a picnic

6th in the league and also playing in Europe so not doing that badly

 

[taylors lovechild]

Textor paid around £117 million to buy his 45% share. If he sells for £230 million he's almost doubled his money in three years. That sort of return is likely to catch the eye of investors.

 

[eagleman13]

Bit of a busy boy is our director . . . Crystal Palace's John Textor secures court case victory - Acquitted of charges as battle rumbles on - Sport Witness

 

[eagleman13]

Things not so rosy at Lyon for Mr T et al . . . Valuation of Crystal Palace shares dismissed as 'utopian' as worry grows over finances - Sport Witness

 

[RichardJP]

Things not so rosy at Lyon for Mr T et al . . . Valuation of Crystal Palace shares dismissed as 'utopian' as worry grows over finances - Sport Witness

Early August, Lyon put their entire squad on the transfer list to raise funds, including the women's side.

I don't think that's the same at palace as we have 3 board members that are keen to have a still viable business.

Which is exactly why they didn't allow Textor to become a majority share holder.

It looks bad for Lyon.

 

[Badger11]

Early August, Lyon put their entire squad on the transfer list to raise funds.

I don't think that's the same at palace as we have 3 board members that are keen to have a still viable business.

Which is exactly why they didn't allow Textor to become a majority share holder.

It looks bad for Lyon.

It shouldn't impact us however the turmoil may mean that Textor may block us spending money whilst he is trying to sell his shares.

I see this more as a nuisance for us and another reason why multi club ownership is bad.

 

[NMPalace]

Textor paid around £117 million to buy his 45% share. If he sells for £230 million he's almost doubled his money in three years. That sort of return is likely to catch the eye of investors.

Did he? Can i ask where you get that info.

He initially bought 18% for £87m and then increased his holdings a couple of times to get to 45%.
Based on the 18% cost i would be very surprised if he didn't pay a similar amount for the additional shares. That would be c£200m in total.

Crystal Palace sell £87.5m stake to US businessman John Textor

Crystal Palace have confirmed that John Textor has become the club’s newest investor and director after paying almost £90m for his stake

www.theguardian.com

 

[ASCPFC]

It shouldn't impact us however the turmoil may mean that Textor may block us spending money whilst he is trying to sell his shares.

I see this more as a nuisance for us and another reason why multi club ownership is bad.

Edouard and Rak-Sakyi it is then.