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John Textor
American businessman
John Textor is an American businessman and the current President of Olympique Lyonnais Groupe, having been appointed to this role on May 5, 2023. He also serves as the Chairman and CEO of the organization. Textor is the majority owner of Eagle Football Holdings Ltd., which is the leading shareholder of several football clubs, including Olympique Lyonnais, Botafogo in Brazil, and Crystal Palace in the UK.124
Background and Career
Born on September 30, 1965, Textor has a diverse background in digital media and technology. He was previously the executive chairman of FuboTV, a streaming service focused on live sports, and has been recognized for his contributions to the fields of digital entertainment and media innovation.24 Textor's career includes significant achievements in various sectors, including internet banking and digital content creation, where he has pioneered several successful ventures.24
In December 2022, Textor became the majority owner of OL Groupe by acquiring a significant stake, which marked a pivotal moment in his involvement with French football. His leadership aims to strengthen Olympique Lyonnais' position in the global football landscape.345
Textor's vision for the club includes enhancing its financial stability and competitive performance, especially in light of recent challenges and the need for strategic investments.13
Highlights
fuboTV ($FUBO) is a Cheap OTT Play with a Free Equity Warrant on Sports Betting, Needham Reiterates Buy
March 29, 2021 6:35 AM
Needham & Company analyst Laura Martin reiterated a Buy rating and $60.00 price target on fuboTV (NYSE: FUBO) on the belief that the company is a cheap OTT play. The 5 key points of the bull thesis are:
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it participates in CTV industry growth (both subs and advtg) of 30% to 100%/year;
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FUBO represents a low-price competitor inside the $86B/year of US subscription revenue linear TV business;
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strong consumer demand trends;
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revenue stream diversification lowers risk;
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track record of execution excellence;
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LT optionality upside from real time betting on FUBO's TV screen during live sporting events
The analyst stated "While FUBO is focused on growing its installed base of subscribers, we are most excited about high-margin add-on new revenue streams such as up-sells, advertising, wagering, channel fees, etc. From a valuation POV, FUBO is inexpensive because it trades at about 1/3 of ROKU's multiple, and a 25% discount to NFLX's multiple. Wagering multiples are much higher than these, suggesting FUBO is more undervalued compared with that industry."
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