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-   -   John Textor has joined, as director, investor and 4th partner (https://www.cpfc.org/forums/showthread.php?t=284524)

Zohar's Penalty 11-08-2021 06:38 PM

Seen mixed things about this guy on twitter but investment is positive thing for sure.

I wonder whether the fact we are announcing this now, when it’s been rumoured for a while, indicates the end of our transfer business for the summer.

Can’t see we would want to be advertising investment if we are negotiating on fees.

Adlerhorst 11-08-2021 06:40 PM

Quote:

Originally Posted by El Aguila (Post 15939544)
I would have thought one more American billionaire means one more person with tons of money, very keen not to see us relegated.

Yep

ms21 11-08-2021 06:40 PM

Quote:

Originally Posted by Zohar's Penalty (Post 15939549)
Seen mixed things about this guy on twitter but investment is positive thing for sure.

I wonder whether the fact we are announcing this now, when itís been rumoured for a while, indicates the end of our transfer business for the summer.

Canít see we would want to be advertising investment if we are negotiating on fees.

I agree this is my concern also. It does sound a little bit like that if you go off some of the reports.

ms21 11-08-2021 06:41 PM

Quote:

Originally Posted by El Aguila (Post 15939544)
I would have thought one more American billionaire means one more person with tons of money, very keen not to see us relegated.

Heís not a billionaire, is he?

beef 11-08-2021 06:41 PM

It would be interesting to know the motive for investing. Will any of the Americans profit from their investment? Feels like a losing proposition to me

Adlerhorst 11-08-2021 06:43 PM

Quote:

Originally Posted by beef (Post 15939553)
It would be interesting to know the motive for investing. Will any of the Americans profit from their investment? Feels like a losing proposition to me

The profit is in how they exit.

Anyhow, at least this explains where the cash for the transfers was coming from.

El Aguila 11-08-2021 06:46 PM

Quote:

Originally Posted by ms21 (Post 15939552)
Heís not a billionaire, is he?

I read he was worth between two and three billion, somewhere.

El Aguila 11-08-2021 06:47 PM

Of course it’s a little vulgar to discuss.

Dobbo 11-08-2021 06:53 PM

Harry Kane just spotted in Beckenham........

ms21 11-08-2021 06:53 PM

Quote:

Originally Posted by El Aguila (Post 15939557)
I read he was worth between two and three billion, somewhere.

Fair enough. Reports back in June(?) suggested he wasnít a billionaire.

Eaglefoz 11-08-2021 06:53 PM

Quote:

Originally Posted by Shipp Ahoy! (Post 15939369)
Any chance of some holo shows before games and at half time now? :)

Possibly, when Burnley come down to us and if Wayne is playing.

Stinger1 11-08-2021 06:53 PM

Quote:

Originally Posted by Zohar's Penalty (Post 15939549)
Seen mixed things about this guy on twitter but investment is positive thing for sure.

I wonder whether the fact we are announcing this now, when itís been rumoured for a while, indicates the end of our transfer business for the summer.

Canít see we would want to be advertising investment if we are negotiating on fees.

Reading too much into it. One of the articles says he only passed the Premier League's owners test this week.

desperado 11-08-2021 06:55 PM

When the planned Crystal Palace museum opens in the main stand re-development the highlight will be as you enter the museum a hologram of Mrs Minchella will appear offering you a bag of roasted peanuts

13thsasquatch 11-08-2021 06:56 PM

Quote:

Originally Posted by beef (Post 15939553)
It would be interesting to know the motive for investing. Will any of the Americans profit from their investment? Feels like a losing proposition to me

The idea I imagine is they would eventually sell their stake for more than they paid for it. It's a bit like buying an investment property, but with far larger amounts of money and riskier.

Stinger1 11-08-2021 06:56 PM

Quote:

Originally Posted by Stinger1 (Post 15939568)
Reading too much into it. One of the articles says he only passed the Premier League's owners test this week.

Textor, who came close to buying a 25 per cent share in the Portuguese club Benfica, has been in long-term talks with Palace and passed the Premier Leagueís owners and directorsí test this week.

El Aguila 11-08-2021 06:58 PM

Of course I can understand why fans might get a bit nervous about these hugely rich investors. Nobody makes that sort of money by being a decent and honest soul.

The thing is, Steve Parish has done an exceptional job up till now in ensuring that the interests of our billionaire investors and those of the fans are aligned, and I trust him to continue to do so.

cpfcfan1 11-08-2021 06:59 PM

The investment then is that on top of what we've spent or what we've spent

Garfy 11-08-2021 07:01 PM

Quote:

Originally Posted by El Aguila (Post 15939557)
I read he was worth between two and three billion, somewhere.

I almost feel sorry for Steve P as a relative pauper in their company!

Johnsonpen 11-08-2021 07:07 PM

Quote:

Originally Posted by Stinger1 (Post 15939380)
Isn't that still pending some sort of approval? I don't think it's a done deal yet.

One of the better papers said he HAD been looking to invest in Benfica

footscray 11-08-2021 07:08 PM

Hopefully the stand starts moving finally and this guy's extra millions help Parish pay for the sainburys parking lot land. For me new stand>new academy>any new transfers in terms of the club's long term future and a lasting impact.


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