John Textor

[Leylo]

Sean get ye coat

 

[catcherintherye]

He's passed the test to be a minority shareholder at Crystal Palace

He's got to prove he can run Everton with it's debts etc for three years. This is why it is not a rubber stamp over in days situation as the previous poster was claiming

It's going to take weeks/months to get approval unless he can prove he has all the money, and/or it's guaranteed so that the debts are covered

But what does this tangibly look like? Are potential buyers meant to show 600m of cash sitting in a bank, on top of the money to clear the debts? That's a ridiculously high burden, than nobody will pass.

I can't see a world where they have already approved him and wouldn't quickly. The alternative is a PL club may go bust, a regionaration of a region is wholly undermined which is woeful PR for the PL.

The issue, frankly is more where he has funding from, and the difficulties at Lyon that look acute to me. And frankly, how viable his cash is. That's where the enormous questions are.

 

[stretford blue]

It doesn't feel right coming from him and not Jim white

 

[jamieni]

I’m naturally pessimistic, so I have to remember that.
But I had strong strong shyster vibes from his interview.
There are things he’s talking about that no club owner should ever be talking about at any time….and he’s not even in a position to buy us yet.
Spare me the owner that likes the sound of their own voice and doesn’t know what they’re talking about.
I sense a total whopper

We as a fan base have every right to be skeptical given the last goodness knows how many years of garbage ownership.

While I’m ready for change and prepared to get behind a new owner, I’m not holding my breath about any of it.

 

[Charles Hawtrey]

From that interview it looks like Thelwell is planning ahead in the type of player he is looking to bring in but Dyche may not even be capable of matching Textor's ambitions. I also get that he is playing down the BMD factor as thats Moshiri's big selling point. Frankly he comes across as someone who gets football and has huge ambition (unlike Moshiri) which is no bad thing and something we have lacked since the days of Blue Bill began.

 

[barneygumble]

The one thing I am taking from this forum is no one seems on the fence.

He's either 100% Fraud or 100% Saviour.

I for one hope he's the latter.

 

[mahermi1]

Don't need to

1. It's not done and he's not sold his Palace shares yet.

2. People are falling for a snakeoil sales person yet again. Kenwright, Samuelson, Kaminski, Moshiri, 777 Partners

They never learn

We need a change and quickly, the debts are mounting, not endeared with Textor, would have preferred Friedkin, but that's not happening now. So you go with the next best and move on. Looking at that interview Dyche won't last 5 minutes with him and that's good enough for me after last week's capitulation.

 

[pfim]

But what does this tangibly look like? Are potential buyers meant to show 600m of cash sitting in a bank, on top of the money to clear the debts? That's a ridiculously high burden, than nobody will pass.

I can't see a world where they have already approved him and wouldn't quickly. The alternative is a PL club may go bust, a regionaration of a region is wholly undermined which is woeful PR for the PL.

The issue, frankly is more where he has funding from, and the difficulties at Lyon that look acute to me. And frankly, how viable his cash is. That's where the enormous questions are.

I believe they need to show where the money is coming from to purchase the club, then a plan to fund the club for a certain time frame that is backed by unencumbered assets. As you say, no one has 600 million sitting in an account. Not only is that unrealistic, it would be very dumb.

The Eagle Football group has a list of directors on its site. That is where the money is coming from. People need to stop calling Textor a billionaire. He is not. He seems to be good at raising capital and spending it. The IPO is his way of recapitalizing the business as he can't do that himself.

 

[catcherintherye]

I believe they need to show where the money is coming from to purchase the club, then a plan to fund the club for a certain time frame that is backed by unencumbered assets. As you say, no one has 600 million sitting in an account. Not only is that unrealistic, it would be very dumb.

The Eagle Football group has a list of directors on its site. That is where the money is coming from. People need to stop calling Textor a billionaire. He is not. He seems to be good at raising capital and spending it. The IPO is his way of recapitalizing the business as he can't do that himself.

Yes surely his money comes from IPO cash, and the club can become cash flow positive if he says he raises say 70m from the new stadium p/a. Add in refinancing the debt at a lower rate.

I'm not sure how the PL could really argue with that.

 

[turner]

The one thing I am taking from this forum is no one seems on the fence.

He's either 100% Fraud or 100% Saviour.

I for one hope he's the latter.

You have to defend your position until your dying breath, until 2 years later when it turns out you were horribly wrong and then you pretend you thought the opposite all along

 

[MACCA75]

There is literally an article written by Myers on SS website

John Textor exclusive interview: American businessman says succeeding Farhad Moshiri as Everton owner would be like becoming US President

In an exclusive interview with Sky Sports, prospective Everton owner John Textor says succeeding Farhad Moshiri would be akin to becoming President of the United States; Textor is the fifth bidder to enter into an exclusivity agreement to buy Everton

www.skysports.com

He's not a "force multiplier"

So many fools in this fanbase that never learn

The comments are directly from him. That Myers has subsequently written them down is completely irrelevant.

This guy may or not be any good, but the fans can’t force somebody else to come along and buy the club. It is what it is.

 

[YoboCopter]

Seeing is believing with these fellas, like politicians

They can all say what they want but lets see what he does, im pessimistic but i always am with everton so we will see

but surely it cant be worse

 

[Bluelenny1984]

I’m naturally pessimistic, so I have to remember that.
But I had strong strong shyster vibes from his interview.
There are things he’s talking about that no club owner should ever be talking about at any time….and he’s not even in a position to buy us yet.
Spare me the owner that likes the sound of their own voice and doesn’t know what they’re talking about.
I sense a total whopper

Have to agree, I would prefer he didn't give the interview. I would prefer he STFU and got the deal done come in and let actions speak for themselves.

The interview for me is a worry in itself, reeks of man intent on the limelight and not worried about the best interests of the club.

I know we need new owners but that doesn't mean anyone will do, sadly the person selling us doesn't agree.

 

[Donegal blue]

He can't be worse than Moshiri the dummy, can he? What have we got left to lose.

 

[Charles Hawtrey]

If Textor deal goes through before the next transfer window Dyche should start lining up his next job. Textor (and friends) not investing in a Championship team.