The English press reports that a group of investors is ready to offer more than 270 million euros to John Textor to buy back the shares (45%) he holds in Crystal Palace.
He doesn’t want it anymore. For many months, John Textor (59 years old) has been trying to sell the shares (45%) he holds in Crystal Palace after having tried for a while, in vain, to become the majority shareholder of the London club. The boss of OL and the Eagle Football holding company reiterated this wish last summer, at a time when he was looking to get his hands on Everton, before being beaten in the takeover of the Toffees by the American group Friedkin, already owner of AS Rome and AS Cannes.
An offer worth 274 million euros
“We can confirm that we are interested in selling our shares in Crystal Palace,” he then indicated at a press conference. “Several months ago, we engaged Raine Group (an investment bank, editor’s note) to begin the process of evaluating alternatives, because at the time we were considering two very different solutions, namely the purchase of a majority stake in Palace, i.e. an outright sale.”
In other words, the one who also owns the clubs Botafogo (Brazil) and RWD Molenbeek (Belgium) believes that a simple participation in Crystal Palace goes against his development strategy, he who prefers to have total control over a club. According to information from the Daily Mail, the Sportsbank group, made up of investors from North America, Canada, Europe and the Gulf, would have offered a nice jackpot to Textor to buy back its shares.
Estimated amount of the offer in question: 230 million pounds sterling, or approximately 274 million euros. Two other serious candidates have at the same time expressed their interest in this matter.
Senegal
