Reading Textor interview in Athletic, his multi club business strategy is immersed in what sounds like very complex and unsettling corporate structures.
His philosophies sound good, but Im not sure they are working.
He clearly wants to be in charge of player acquisition and academy selection which at Palace he is not.
Im not a fan of multi club ownership, shunting players about to suit.
Most football fans are one club for life fans and the last thing they want is to be part of some international group of clubs.
I feel no attachement to Botofago, Lyon or Molenbeek (Textor's other clubs). In fact with what he says, I am worried as to their sustainability. I am just glad he only holds 45% (minority) of CPFC.
We should all be very fearful if he were to take control of Palace, but it sounds unlikely as apparently some of other shareholders are about to inject more cash to dilute him.

I remain firmly behind Parish. Fingers crossed H&B are keeping a close eye on things and appear to be behind SP.

I don't understand why there are a few posters that still say this. Took over the club, within a couple of years we're in the Premiership and have stayed ther ever since and all on less money than our competitors. CPFC 2010 and beyond has been an amazing success imho. Of course there have been challenges. Some dealt with better than others but overall, I can't think of a time that the club was in a better position. Can you?

Secondly, if we talk about a chairman spending more money, what are they expected to spend it on? Big transfers and overpaid wages for better players. All clubs suffer from having players on contract earning more than they should, trying to move those players on is part and parcel of running a club. In that regard, have we done any worse than other premiership clubs?

You say we need to move on, to what? Imho we have been making slow but steady progress, without going mad. Isn't that what was promised back in 2010. We now have other investors and it may not be working out for them exactly how they planned but when I look at other owners in the league, I'm grateful I support Palace.

"You can lead a horse to water but a pencil must be lead"

Stan Laurel

Its a simple choice.

Parish who has Palaces best interest at heart
or
Textor who has Textors best interest at heart.

Under Parish we will still have a club to support in 10years, whereas under Textor the ride might be more exciting but I fear it would end up being short lived -

The other shareholders can only dilute Textor's shareholding with his permission as he will have the right to subscribe to the new shares

Of course - provided he can the raise the money and the impression I get from events over the last year is that Textor has overstretched himself and is struggling to keep all the balls in the air. Just my impression.

PS.
In any event, Textor seems to have accepted he's not going to get a majority holding in Palace and may well decide he doesn't want to sink any more into this particular venture. The Athletic interview seemed to point towards him selling out if he can get a good price and look for another English team so as to buy a majority stake. He stated that owning an English Prem team is key to his plans - he may go for a Championship team with prospects (my guess as he's not rich enough to buy most - if not all - of the remaining PL clubs).

Edited by doombear (30 Jul 2023 4.32pm)