John Textor

[PhilRegan]

He's proper horny for us, makes me kind of not want him

Moshiri has deffo flashed his dirty knickers at him or something. It's not sentimental reasons that's for sure

 

[Damo_1878]

I thought he has has to sell that them because he cant own 2 clubs?

Both.

Textor has to sell his Palace shares to buy Everton. It was reported that Raine were appointed to do this. The sale will generate capital. The IPO of Eagle will also generate capital which may also be used for Everton. My point is that it doesn’t really matter if he is a billionaire today or not - although he probably will be if one or both of these transactions happen, if we assume the $800m happens to be the correct number for his personal wealth.

The IPO also involves him giving away equity for capital

Even if he buys Everton if they do an IPO he will only own a % of the company proportionate to his shareholding

An IPO doesn't magic money out of thin air and he doesn't get the money himself without giving something away

 

[billypatrick]

Both.



The IPO also involves him giving away equity for capital

Even if he buys Everton if they do an IPO he will only own a % of the company proportionate to his shareholding

An IPO doesn't magic money out of thin air and he doesn't get the money himself without giving something away

That’s right. But the possible combination of him receiving a premium (vs what he paid) on the sale of his Palace shares, plus the value of his Eagle shareholding post IPO, would add to his net worth calculation. Back to my original point, access to capital is more important than net worth though.

 

[GoldenToffee]

Come on Text we need you bro.

 

[Hinchcliffe's Corner]

Arguing over net wealth is missing the point.

No no, it's exactly the point, let Damo continue making an arse of himself in front of everyone.

 

[GoldenToffee]

He'll have made himself look a right gobchite if loses out to Friedkin.

 

[ashwuk76]

He'll have made himself look a right gobchite if loses out to Friedkin.

maybe TFG used him to lower the price to get a better deal for themselves.....

 

[jazzy]

He'll have made himself look a right gobchite if loses out to Friedkin.

Not really. If I make an offer on a house but lose out to a cash bidder who doesn't have a house to sell that's just one of those things.

 

[cpfc1905]

Sulky Textor is going to be fun. God help Lyon...

 

[Neiler]

Sulky Textor is going to be fun. God help Lyon...

Mangala's getting recalled from his loan in Jan.

 

[catcherintherye]

Come on Text we need you bro.

As I've said previously mate, Textor will not be acquiring Everton

 

[Nymzee]

As I've said previously mate, Textor will not be acquiring Everton

Please don't try pass guesses off as if you knew something.

 

[Loadsofchemistry]

He’s definitely turning up for Saturdays game in a full palace strip isn’t he. Shinnies. The works.

 

[Victus]

Maybe we can get him on at half time to do a spin on his skateboard.

 

[catcherintherye]

Please don't try pass guesses off as if you knew something.

You can infer what you wish mate. Maybe I just got lucky, though I'm terrible at guessing things!