Textor Selling his shares in the club (45%) to H&B is a good outcome for CPFC - (Less shareholders, less differing opinions around the table & an improved possibility to have a clear direction forwards)

Textor selling outside the existing shareholder group seems more unlikely (in terms of him getting a good deal) given the voting rights structure, who would want to pay top dollar for 45% shares when it only comes with 25% voting rights ?
Unless any prospective buyer came along with "loads a money" & on the strength of considerable additional investment & maybe at the same time buying out other shareholder(s) was able to engineer a deal that included a better voting rights package.

Also - Why would Textor be interested in Everton?
I would imagine its because they are in trouble financially & he thinks he can get in there, buy it relatively cheaply, take advantage of the new stadium & end up as majority shareholder with maximum say in the running of the operation.

As someone else said earlier- Textor is a serial flip flopper & is probably only flexing his financial muscle because he is upset about the voting rights package at Palace.

Agreed not sorry to see him go just concerned about who the buyer will be.

One more point

Textor wanting to sell when the stock is high fine I get it however in the short to mid term this will affect everything from transfers to the Stadium rebuild.

Were not allowed nice things.

Edited by Ouzo Dan (25 May 2024 9.18am)

The mountains are calling & I must go.

"for the avoidance of doubt" . . . [Link]

This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise.

Palace, thank goodness, have not delivered to Textor what he hoped. A way of trading players between his clubs to his own perceived advantage.

Parish, Harris and Blitzer have stood firm against that. Though O'Brien was lost to Lyon.

So it's good to have someone not interested in Palace, as its own identity, out of the club. Whether he will find a buyer is the question. He'll be wanting a good profit - and will need one if he's hoping to fund Everton. A good place to lose a fortune.

Palace are in a very attractive position to new investors. But the buyer will not have complete control - unless they can buy additional shares.

If Textor can't find a buyer then he can always sell to the current shareholders but they won't pay top dollar for his shares if he hasn't managed to sell them elsewhere.

If Harris and Blitzer wanted Parish out then they could buy the shares but even Textor was extremely complimentary about Parish's ability to run the club so unlikely they want to find (or be) the new operational talent running the club.

Fortunately the squad is in great shape so we don't need all the shareholders to be reaching agreement on huge player purchases.

Funding for the new stand could be an issue, I guess it would need all shareholders to be in favour and supplying money / guarantees?

Looks like this is just clickbait clucking.
Not a fan of multi club ownership in Europe.
What will happen if Man City come up against Gerona next season in Champions League? Both owned 100% by Abu Dabi.
Textor has made it clear minority holding is not his beef. This gives our big shareholders a steal when the time comes for Textor to go.