With Parish staying on as chairman and the other three keeping smaller stakes. Sounds like it'll be done before Christmas. http://www.dailymail.co.uk/sport/fo...er-buying-huge-stake-Premier-League-club.html http://www.skysports.com/football/n...ith-americans-investors-steve-parish-confirms Apparently there's more news to come later today...
Certainly looks good on paper. Sounds like plans have already been drawn up for stadium developments as well. If the deal's done before Christmas then the January transfer window could be interesting!
it's good for the club behind the scenes ie Ground, Academy etc etc. we still can't go mad with regards to transfers because of FFP rules.
Would like a younger Centre-back as well, gives him 6 months to bed into the club then when Hangeland and Delaney go at the end of the season he can slot in nicely.
In an ideal world, definitely. If we only brought in a top striker (e.g. Charlie Austin) I'd be delighted though.
We've just added multi-millionaire John Textor (Virtual reality mogul) to our board. He owns 25% of Benfica so hopefully we can get some sort of link going. Progress on the Main Stand would be nice as well.
Football financier Harris spearheads £200m bid for Crystal Palace stake The football financier Keith Harris is spearheading a bid to buy a 45% stake in the Premier League football club Crystal Palace in a deal that could be worth close to £200m. Sky News has learnt that Mr Harris is advising a group of businessmen including Zechariah Janjua and Navshir Jaffer on an offer to acquire the shareholding from Eagle Football, a vehicle created by American businessman John Textor and owner of a number of major clubs around the world. Sources said on Thursday that the consortium advised by Mr Harris was a leading contender to buy the stake in the Eagles, although they cautioned that at least one, and possibly two, other parties were also in discussions with Mr Textor. Mr Harris's group, which would probably execute its deal through a recently established corporate vehicle called Sportbank, may also require financing from other investors as part of its plans, the sources added. Eagle Football is said to be hopeful that a deal to offload its Crystal Palace shareholding would value the club, which recorded its first win of the Premier League campaign against Tottenham Hotspur last weekend, at more than £400m. Stanley Tang, one of the founders of the US-based food delivery company DoorDash, is also understood to have expressed an interest in acquiring Eagle Football's stake in Crystal Palace. A spokesman for Mr Tang denied that he was in discussions to buy Eagle Football's Crystal Palace stake. Hope he brings Orville with him.
£200m for 45% of a business that earns a minimum of £120m a year? Can't see any downside to that really, from his point of view anyway, he'd have all his money back within a few years.
About the worst football combination possible. Saudis and Americans As long as Parish is still running things I'll feel confident of us being OK though. The day he leaves is the day we almost certainly fall to shit or turn into a modern plastic nightmare.
Currently playing for AFC Totton in the Southern Premier League South Was a good player at the time though. Certainly better than Yaya Sanogo