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Harris and Blitzer, Chelsea

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Painter Flag Croydon 25 Mar 22 3.03pm Send a Private Message to Painter Add Painter as a friend

This is all starting to look very Palace, just as we are starting to establish ourselves in the Premier, things fall apart. Unfortunately I have seen this many times over the years, if the Blitzer and Harris dump us, who knows what will happen.

 

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sydtheeagle Flag England 25 Mar 22 3.39pm Send a Private Message to sydtheeagle Add sydtheeagle as a friend

Originally posted by Painter

This is all starting to look very Palace, just as we are starting to establish ourselves in the Premier, things fall apart. Unfortunately I have seen this many times over the years, if the Blitzer and Harris dump us, who knows what will happen.

As I said earlier, I'm not too worried. It seems massively unlikely that two shrewd investors are going to rapidly bail on an asset that has considerable market value without a plan in place, which suggests to me that at least some quiet marketing has probably already been done. This would have happened with the full knowledge of Parish and given that we presumably all trust that he has Palace's best interests at heart, and he seems pretty happy right now, I suspect there's nothing to be too worried about. Furthermore, Palace iS an attractive investment. We already know plenty of parties want to buy a PL club, a PL club in London is prime real estate, and we're in a Cup semi-final with all the profile that entails, have a playing squad that is packed with valuable assets, and more. It makes sense to be circumspect but if Harris and Blitzer do move on, I don't think we'll be short of suitors. On top of everything else, we're a well-run club which is more than you can say about a great many others. Plus, with so many bids for Chelsea now prepared, it's not beyond the bounds of possibility that one of the losers there may just turn their attentions to Palace. If all you're interested in is Chelsea then obviously that won't happen but if you're interested in buying a PL club and Chelsea is simply your preferred option, it might.

 


Sydenham by birth. Selhurst by the Grace of God.

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Grumbles 25 Mar 22 7.34pm Send a Private Message to Grumbles Add Grumbles as a friend

Don't think they'll succeed with the Chelski bid, but they have shown their true colours in respect of Palace equity.

 

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Rudi Hedman Flag Caterham 25 Mar 22 7.39pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Grumbles

Don't think they'll succeed with the Chelski bid, but they have shown their true colours in respect of Palace equity.

True, but we all knew that anyway.

 


COYP

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Lanzo-Ad Flag Lanzarote 25 Mar 22 10.39pm Send a Private Message to Lanzo-Ad Add Lanzo-Ad as a friend

What happens if they cant find a buyer for the shares

 


“That’s a joke son, I say, that’s a joke.” “Nice boy, but he’s sharp as a throw pillow.” “He’s so dumb he thinks a Mexican border pays rent” “ “Son… I say, son, some people are so narrow minded they can look through a keyhole with both eyes.”__ Forhorn Leghorn

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Dubai Eagle Flag 26 Mar 22 8.30am Send a Private Message to Dubai Eagle Add Dubai Eagle as a friend

Hopefully Textor, with his enthusiasm for the club has some wealthy mates that could be persuaded to jump in when we need them.

 

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Omph Flag Liverpool 26 Mar 22 9.59am Send a Private Message to Omph Add Omph as a friend

Originally posted by Dubai Eagle

Hopefully Textor, with his enthusiasm for the club has some wealthy mates that could be persuaded to jump in when we need them.

The downside of losing Harris and Blitzer should it come to that is that they are experienced sports investors. I'd much prefer to replace like with like as opposed to just bringing in money per se - ie someone who is au fait with the cycles of sport and not a bandwagon jumper.

 

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doombear Flag Too far from Selhurst Park 26 Mar 22 10.46am Send a Private Message to doombear Add doombear as a friend

Originally posted by Lanzo-Ad

What happens if they cant find a buyer for the shares


They will almost certainly have one or more buyers already lined up. Their bid wouldn't have been short-listed if Raine weren't happy with what was on the table.

As Syd has said, even if their bid should fail will they still be going ahead with the sale that they've probably got lined up (or at least sell some of their shares)?

 

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adelaar Flag Edgware 26 Mar 22 12.16pm Send a Private Message to adelaar Add adelaar as a friend

Originally posted by Lanzo-Ad

What happens if they cant find a buyer for the shares


Is it beyond the realms of possibility that us fans could buy the shares?

 

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dreamwaverider Flag London 26 Mar 22 12.31pm Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Texter bought 40% of Palace for £87m according to the Mail.
H&B own 36%.
Chelsea is apparently going to sell for £3B +.
For a fast sale they could go at say £50m.
However,I rather fancy Midlands call that H&B won’t get Chelsea anyway.

 

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dreamwaverider Flag London 26 Mar 22 12.31pm Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Originally posted by Lanzo-Ad

What happens if they cant find a buyer for the shares

They’ll probably call you!!

 

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Lanzo-Ad Flag Lanzarote 26 Mar 22 1.15pm Send a Private Message to Lanzo-Ad Add Lanzo-Ad as a friend

Does anyone know how much Blitzer and Harris paid for their shares, and have they put in any additional funds in to the club, Texter's movements seem to be quite transparent, Blitzer and Harris`s doesn't seem to be so

 


“That’s a joke son, I say, that’s a joke.” “Nice boy, but he’s sharp as a throw pillow.” “He’s so dumb he thinks a Mexican border pays rent” “ “Son… I say, son, some people are so narrow minded they can look through a keyhole with both eyes.”__ Forhorn Leghorn

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