John Textor's new €200 million madness

John Textor's new €200 million madness
John Textor's new €200 million madness

John Textor has an appetite. The American businessman, who already owns Olympique Lyonnais, Botafogo and Molenbeek, wants to expand the Eagle empire more than ever throughout the world. For several months, he has been insistently probing the English market, looking for a new club. However, he has already had a foot in England for several years since he holds 45% of the shares in Crystal Palace. But the president of OL wants to sell them to the highest bidder and does not hide it. And it seems that this file is finally moving forward.

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Several candidates for the repurchase of its shares have positioned themselves, notably the Sportbank group, and there was talk of a possible sale in November. An amount of €240 million was advanced by the Telegraph. For his part, the Daily Mail spoke rather of €273 million. In any case, Textor hopes to quickly finalize the sales process, he who wants to go on the offensive to afford another club. Very close to acquiring Everton a few weeks ago, he had been blocked by his current affairs and above all he had been overtaken by the Friedkins.

Textor returns to the charge for Watford

Despite this failure, the American is more determined than ever to treat himself to a new club. In his sights a few months ago, Watford once again caught his attention. The Sun reveals that John Textor is seduced by this stable and the many prospects it can offer him. A fan of multi-ownership, the Botafogo boss sees very favorably the fact that Watford already belongs to a multi-club group since the owner of the Hornets also owns the Italian club Udinese.

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He is therefore on the lookout, especially since the Pozzo family put 10% of the club's shares up for sale last summer and are open to offers for the rest of their shares. The current owners of the Championship club have estimated the sale price at close to €200 million (between approximately €180 and €210 million). The English media specifies that Textor, which is counting on the sale of its shares to Crystal Palace, has already had preliminary discussions with the club's management concerning the funds it would use to buy shares in Watford. It remains to be seen whether this time the boss of Eagle Football will achieve his goals.

Pub. the 05/11/2024 16:00
– UPDATE 05/11/2024 21:15


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