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Crystal Palace co-owner Textor explains shareholding; multi-club network

Crystal Palace co-owner John Textor has explained his commitment to the club.

Textor owns a 45 per cent take in Palace, which is now part of his mult-club network.

He told BBC Sport: "I don't manage Crystal Palace. I'm in a weird spot as a multi-club person. Crystal Palace is my first investment. My boys are in love with the team, I'm in love with the team, I'm in love with the general culture of Crystal Palace.

"Am I as passionate about it? Quietly when I watch the games, but I'm not responsible for it. The collaboration has been great for me. I work very closely with [sporting director] Dougie Freedman and [chairman] Steve Parish and I pick off the situations.

"When I came in at Crystal Palace, my capital helped them complete the academy, which was Steve's [Parish] project which predated me.

"With Doug and Steve's leadership my capital helped bring Marc Guehi, Michael Olise and a lot of terrific players. I was one of four votes helping to endorse those selections, they weren't my selections.

On his multi-club network, he continued: "There's a lot of talk of that but it's misguided. I read these banners which are nonsense. I showed up a couple of years ago and I do nothing but support as one of four members of the board and then I see banners which say 'Textor we don't trust you'. I don't care.

"They don't need to trust me, I'm not running the club.

"People say they want fan ownership and transparency but there's nothing more transparent than a US public company that reports material contracts within four days.

"They don't like capitalism apparently in the ultras at Crystal Palace. So I went to talk to them about it. I met them outside Selhurst Park and they said, 'John, you bought Lyon, are you aware of the politics of your ultras in Lyon?'

"I said, 'God no, what are they?'

"They said, 'We'll, they're right, and we at Palace we're left.' Well I don't care, this has nothing to do with football.

"I have an opinion of Crystal Palace and the culture and the fans which I love - but ultras in some clubs...

"I was drawn to this relationship of club and community. It's organised fan groups which hijack that relationship. Some very smart people in football told me, 'John, pay attention to the ultras, they can be wonderful, they can be passionate, they can be supportive but make sure you know who your fans are - all of them.'

"I developed a belief that I work for the anonymous fan that I don't know, and he or she is 10 years old and they love the club because their father loves the club. I don't work for the ultras."

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