John Textor, owner of OL (Photo by JEFF PACHOUD / AFP)
After a Saudi investor ready to buy John Textor’s shares in Crystal Palace, another major operation will take place for the American owner. Sportsbank has entered into exclusive discussions to invest in Eagle Football.
Things took a while to get going, but it seems that the turn of the new year has whetted the appetite of some investors. And that’s pretty good news for John Weaver and the Eagle Football holding company. In turn, theOL can be pleased to see certain files unblocked, especially since the club has its hearing before the FFF legal commission on Friday. This shouldn’t change things, but at least it proves that there is movement and money that may well arrive. On Wednesday, investment company Sportsbank announced via a press release “have entered into an agreement with Eagle Football Holdings Limited for an investment in Eagle which will include a period of exclusivity.”
The fate of Crystal Palace in suspense?
This is not a surprise since the Sportsbank name is associated with John’s holding company Weaver for several weeks already, in particular with a view to the listing on the New York Stock Exchange. Will this investment, which should exceed 200 million euros, be limited simply to Eagle Football? According to various British and overseas media, the integration of Sports bank in the capital could have an impact on the sale of John’s shares Weaver has Crystal Palace. Despite the letter of intent to purchase from a Saudi group, the company domiciled in London including Zechariah Janjua and Navshir Jaffertwo Eagles fans, recently expressed their interest in the London club and could thus put the Saudis out of the game. Or vice versa if the shares are sold before Eagle’s IPO…
