• Existing user of old message board?

    Your username will have transferred over to this new message board, but your password will need to be reset. Visit our convert your account page, to transfer your old password over.

Textor buying Everton? / Bids to buy Palace outright

Midlands Eagle said:
You can have a connection but it has to be at market value and your example ain't nowhere near that 😀
Click to expand...
For those who dont understand the concept of a joke I put a grinning emoji next to that post. For a start I'd be very doubtful any investor in Palace would want to change the landscape by splurging money on World class players. Even if they did I'd imagine Parish will reign them in. And even if Parish was in full agreement we of course wouldn't be talking those kind of numbers.

As mentioned, for the slower amongst us.....Joke!
 
Palace Old Geezer said:
Why would Watford be more attractive to him than dear old Crystal Palace?

I guess he hopes for more control for his money, but....... Watford?!
Click to expand...
he's said previously that he's looking for a club to integrate with his web of football clubs around the world, and we are not that. Perhaps Watford are.
 
ASCPFC said:
Leaves a funny taste in my mouth.
Click to expand...
Very good.

The 2 bidders with the distinctly foreign names claim to be Palace fans.

If they succeed I suspect they will be more highly motivated beneficial owners who are not quite rich enough to take us to the next level.
 
Badger11 said:
Mysterious consortium want to buy Palace. Just ask Charlton fans about these groups they've been owned by 3 or 4. Long on promises short on money.

My preference is for Harris and Blitzer to buy him out, they are the best of a bad bunch.
Click to expand...
I wouldn't class Harris and Blitzer as members of the bad bunch. They've been invested for a number of years now and have put money in when we've needed it. At the end of the day they're business investors and they'll protect their investment. Sugar daddies, they're not.
 
eagleman13 said:
Sportsbank are not to be trusted or so says this piece . . . Stefan Borson drops Crystal Palace takeover claim after new twist
Click to expand...
Interesting. Thank you for putting that up.
One thing I will say for Parish is he has done his best contractually to protect the club from predators. Thats the up side. The downside is few people will be interested in a 45% shareholding with practically zero say in the running of the club. I'd agree its inevitable that Harris and Blitzer are the most likely buyers as they stand to gain most power/control by buying those shares.
 
I think part of the challenge for us is that we are not a particularly attractive investment compared to other clubs. We are in a hugely competitive market in London where we are maybe the sixth or seventh team in terms of fan base. We don’t have much international appeal. We ain’t going to be competing in the Champions League or challenging for trophies in the normal run of things. There isn’t an obvious route to grow revenues through ground redevelopment given the complexities there.

So the only real reasons to buy into us are either because you are a fan or you are taking a bet on the overall value of the Premier League growing and Palace’s value growing with it. There is plenty of commentary that the Premier League value has topped out given the lack of competitive bids for the last right’s auction. Given that not sure we are a place that many investors will be wanting to place their money.

I’d add that clearly we don’t think in terms of return on investment, market size etc when we think of Palace. We love and support the club. Most investors will think like that though.
 
JHB said:
I think part of the challenge for us is that we are not a particularly attractive investment compared to other clubs. We are in a hugely competitive market in London where we are maybe the sixth or seventh team in terms of fan base. We don’t have much international appeal. We ain’t going to be competing in the Champions League or challenging for trophies in the normal run of things. There isn’t an obvious route to grow revenues through ground redevelopment given the complexities there.

So the only real reasons to buy into us are either because you are a fan or you are taking a bet on the overall value of the Premier League growing and Palace’s value growing with it. There is plenty of commentary that the Premier League value has topped out given the lack of competitive bids for the last right’s auction. Given that not sure we are a place that many investors will be wanting to place their money.

I’d add that clearly we don’t think in terms of return on investment, market size etc when we think of Palace. We love and support the club. Most investors will think like that though.
Click to expand...
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
 
You must log in or register to reply here.

Share this page

Back
Top