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Textor buying Everton? / Bids to buy Palace outright

becky said:
The one saving grace is that he has equal voting rights with the other Directors, and I believe, the casting vote in a deadlock.
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That's now, right? I don't pretend to know how any of it works, but it seemed to be implied that if Textor brought his holding up to 80% this no longer applies.

I've also never fully understood how Parish has so much control with such a small stake!
 
taylors lovechild said:
The US economy shrank in Q1 2025 due to Trump's tariffs and trade policies, having grown by a promising 2% in the previous quarter. There is a good chance the US economy will enter recession in the next quarter according to many leading economists due to the continued impact of the tariffs and the uncertainty created by Trump's erratic behaviour. One person who has done very well out of the Presidency is Trump. Like Trump I would imagine Textor's involvement in Palace is entirely self-serving and he is thinking about his bank balance ahead of any romantic attachment to the club.

If we were to win the cup and enter Europe it will give Textor a hard decision to make, does he cash out at our most successful period in our history, or does he look to build on that success and potentially increase the value of the club even more.

It does feel like we have a ceiling due to the size of our fan base compared to the bigger London clubs and the impact of PSR so to my mind we're better off continuing as we are with Parish in charge of things, as boring and unambitious as some might see that.
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Wrong thread fior your TDS rant.
 
FinchleyEagle said:
That's now, right? I don't pretend to know how any of it works, but it seemed to be implied that if Textor brought his holding up to 80% this no longer applies.

I've also never fully understood how Parish has so much control with such a small stake!
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My belief is that Harris and Blitzer are passive investors and happy to let Parish get on with it. I believe they have a good relationship with him however if they wanted to they could outvote him.

Textor on the other hand is an active investor and wants a say in the running of the club except Parish backed by the other 2 have blocked him due to the stupid voting rights that Textor agreed to.

So his only choice is to buy out the Americans or sell.

I believe that Parish has blocked him mainly because Textor would like to spend more money or should I say borrow more which is exactly the model that Jordan and Goldberg tried and failed .

All of this is supposition of course.

As for the other potential owner Johnson, by all accounts he is hated by the fans of his American franchise so no thank you.
 
I'm surprised that the set up has lasted as long as it has.

It seems from the early days of their respective investments that there have been constant stories of the American investors wanting to pull out and invest elsewhere.
Ultimately they are business people who will move investments when they see fit and it's in their interests; this is a reality and not a criticism.

I would distinguish this from Parish who as a life long supporter seems more motivated by acting in the long term interests of the club.

As to the future it seems unlikely that there's a billionaire Palace supporter out there so we're likely to have to continue with some form of overseas investment that hasn't got the club as it's absolute core.
It's just one of a myriad of investments for the overseas investors which Parish has somehow to hold together in his executive role.
The question is for how long this model is sustainable.
Perhaps the future of the new stand will bring things to a head if there is fundamental disagreement between the investors and Parish on future direction.

Parish had two main objectives for the club - a new academy and a new stand which would increase capacity and revenue.
He saw these as critical for the club but the latter appears to be hugely problematic.
 
While it's obvious the main stand needs upgrading, and the plans look amazing, I have always wondered if it's a bit 'field of dreams'. Do we have 10,000 extra fans banging on the door for every home game? For a Wembley appearance, sure, but a home game against Everton? I doubt it.

I'm a big fan of Parish. He saved us, gave us our identity back, promoted the women's team and Palace for life and we became much more of a community club as well as making us a solid prem team. These are huge achievements, especially when we think back to how it was in May 2010.

I so hope this new stand isn't the folly that tarnishes his reputation.
 
PatrickA said:
I'm surprised that the set up has lasted as long as it has.

It seems from the early days of their respective investments that there have been constant stories of the American investors wanting to pull out and invest elsewhere.
Ultimately they are business people who will move investments when they see fit and it's in their interests; this is a reality and not a criticism.

I would distinguish this from Parish who as a life long supporter seems more motivated by acting in the long term interests of the club.

As to the future it seems unlikely that there's a billionaire Palace supporter out there so we're likely to have to continue with some form of overseas investment that hasn't got the club as it's absolute core.
It's just one of a myriad of investments for the overseas investors which Parish has somehow to hold together in his executive role.
The question is for how long this model is sustainable.
Perhaps the future of the new stand will bring things to a head if there is fundamental disagreement between the investors and Parish on future direction.

Parish had two main objectives for the club - a new academy and a new stand which would increase capacity and revenue.
He saw these as critical for the club but the latter appears to be hugely problematic.
Click to expand...

Harris and Blitzer are both billionaires and big US sports investors. It appears they have quickly realised that there is not any money to be made out of Palace so seem to have been passive investors for a number of years.
Textor , for all his many faults, invested at a time when Palace needed money - just after covid when the team needed investment under Vieira.
It appears the other 3 weren't prepared to put in that money or in SP's case didn't have it.

SP still having an equal voting share is amazing negotiating on his part, i'm surprised Textor agreed to this.

Anyway, if we are to move forward we need proactive owners. If Harris and Blitzer want out then there will be limited options. Textor is clearly one. If he increases his ownership to c80% there is probably not a lot SP can do about it. The multi club model is still pretty unproven IMHO and Textor doesn't seem to be managing his other clubs particularly well. Also his ownership vehicle has Saudi backing so i'm guessing that is not something most fans want.
SP was seen with Woody Johnson, owner of NFL side the New York Jets, at a recent game. Is this as an alternative to Textor or in addition?

Who knows. Having SP on board is still important IMHO as it gives us some protection - despite his ridiculously high CEO salary
 
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