John Textor

[jinkyali]

Why would they be unhappy?

I think it's linked to Clearlake down at Chelsea.

Maybe I should rephrase.

I think at Nufc their has been a change in the plan.

 

[catcherintherye]

I think it's linked to Clearlake down at Chelsea.

Maybe I should rephrase.

I think at Nufc their has been a change in the plan.

Is the plan essentially not focus on Newcastle focus on Chelsea?

 

[Brisan123]

To answer your question, my view would be possibly.

I'd imagine they issue a lot of new shares. Not sure how much new money it would be, and how much control he would be giving up.

Let's us simple numbers. He gets 2bn valuation, and holds 50% of company, so the markets own 50%. That's 1bn of new capital.

He can use that as he chooses. Some may be used for Lyon too. But you'd imagine some will be used for Everton.

I'm not sure he would clear the debt, but he may repackage it, at a lower rate. He can use a section of the 2bn valuation as security.

If either (or both) Everton/Lyon do well, he could also sell more shares in the future, and use those funds. That's the advantage of the public markets.

One final thing. There is a possibility that the 200m owed to TFG could also be turned to liquidity. That Textor gives say 30% of the club to them.

I understood that
Why can’t all the financial billionaires on here talk in similar language

 

[Moderatelywarmwater]

Can I just say that Steve Parish’s hair is quite extraordinary. How does he like it up like that and it not move?

 

[jinkyali]

Is the plan essentially not focus on Newcastle focus on Chelsea?

I suspect Chelsea has always been the golden goose for PIF.

 

[JimmyJeffers]

Is the plan essentially not focus on Newcastle focus on Chelsea?

I doubt this very much. I was driving through Newcastle just last week and when coming out the city a 4x4 in front had KSA on the number plate. Possibly a player or club official. They are very visible and very much there long term.

 

[Brisan123]

rather we got bought out mate and sorted out then worry about not selling out goodison against donny rovers

Again you’ve missed the point
It’s not about who we are playing or what cup it is or weather we can win the cup

 

[Goat]

I doubt this very much. I was driving through Newcastle just last week and when coming out the city a 4x4 in front had KSA on the number plate. Possibly a player or club official. They are very visible and very much there long term.

Of course they are Jim.

These people are crazy.

 

[catcherintherye]

I understood that
Why can’t all the financial billionaires on here talk in similar language

I'm much too stupid to speak in complex terms

 

[catcherintherye]

I doubt this very much. I was driving through Newcastle just last week and when coming out the city a 4x4 in front had KSA on the number plate. Possibly a player or club official. They are very visible and very much there long term.

I'm just asking what the lad in questions heard mate. I have no idea.

 

[Brisan123]

People in the know at Palace seem to think his shares are as good as sold.

That’s what I am hearing from my Sons palace season ticket holding in- laws

 

[catcherintherye]

I suspect Chelsea has always been the golden goose for PIF.

I see. I know some Saudis were interested in us. I suspect they probably buy more clubs to diversify.

They seem to be dialling down the amount spent on Newcastle too. 4 years in now, still hovering around the mid table spots, they probably see that as a useful aim

 

[catcherintherye]

That’s what I am hearing from my Sons palace season ticket holding in- laws

It does make me laugh that (some) people seemed to think that agreeing a sale would but this majorly complex thing. It can be done in 5 minutes.

 

[jinkyali]

I doubt this very much. I was driving through Newcastle just last week and when coming out the city a 4x4 in front had KSA on the number plate. Possibly a player or club official. They are very visible and very much there long term.

Absolutely they are but it doesn't mean they can't change strategy.

 

[Neiler]

That’s what I am hearing from my Sons palace season ticket holding in- laws

He had two bidders in the hook the last I heard that was three weeks ago also heard of the IPO then, but the plan included Everton in it.