Top Qs
Timeline
Chat
Perspective
John Textor
American businessman (born 1965) From Wikipedia, the free encyclopedia
Remove ads
John Charles Textor (born September 30, 1965) is an American businessman and the founder of Eagle Football Holdings. Through Eagle Football, he is the majority owner of Botafogo (Brazil), Olympique Lyonnais (France), and RWDM Brussels (Belgium). Under his ownership, Botafogo won the 2024 Campeonato Brasileiro Série A and the 2024 Copa Libertadores, while RWDM earned promotion to the Belgian Pro League in 2023. He previously held a minority stake in Crystal Palace, which he sold in July 2025 for a reported £190 million.[2]
.jpg)
Textor is also the former executive chairman of the streaming television service FuboTV. He has been recognized for his contributions to digital media and entertainment, and was referred to by the media as “Hollywood’s Virtual Reality Guru” for his early work in visual effects and immersive technology.[3]
Remove ads
Early life
Textor was born as a member of the extended du Pont family in 1965. Textor claims to have grown up in a middle-class family in the Palm Beach area in Florida whilst spending his summers working for freight delivery companies.[4] Textor claims to have competed in freestyle skateboarding competitions around Florida as part of the Sims Skateboards team.[5] According to Craig Snyder's A Secret History of the Ollie, [page 464 ] Textor was said to have been "one of the few who surpassed [multiple world champion] Rodney Mullen in freestyle competition during" the late 1970s".[6] Textor left competitive skateboarding in the early 1980s to focus on other interests after sustaining a severe head injury in competition. Textor claimed this accident was the reason he turned toward his education and to technology interests at a young age.[7]
Remove ads
Business career
Summarize
Perspective
Action Sports
Sims Snowboards
Having acquired Sims Snowboards in 1996,[8] Textor served as chairman of the board and the principal owner.[9] During his tenure, and utilizing the trademarks owned by his partner and snowboard pioneer Tom Sims, he created the World Snowboarding Championship at Whistler, British Columbia.[10]
Internet Businesses
Art Technology Group
Textor's holding company, Wyndcrest Partners, funded the struggling company in 1996.[11] ATG made eCommerce software and related on demand commerce optimization applications; the company was purchased in 2010 by Oracle for approximately $1 billion.[12]
JesterDigital
According to The Palm Beach Post, Textor's Jester Digital created an internet-based 3-D multi-user virtual world, referred to as the "metaverse" in 1999.[13][14] Jester Digital's new technology was the first digital distribution platform to be endorsed by Metallica and was also supported by joint-ventures with leading digital rights management companies, such as IBM, and strategic relationships with leading music artists and action sports companies. Jester Digital Corporation was among the earliest to create internet-based multi-user virtual reality and game-like environments which paved the way for the convergence of music and the internet, massive multi-player games, and the digital distribution of entertainment content.[15]
Virtual Bank/Lydian Trust Company
Textor was a founding director of Virtual Bank in the year 2000, an Internet banking startup. Virtual Bank was a multi-billion dollar diversified financial services company and included a private wealth business known as Lydian Trust Company.[16][17]
BabyUniverse
In the early 2000s, Textor took control of BabyUniverse,[18] a struggling online retailer.[19] He took the company public in 2005 selling 2 million shares of common stock, equivalent to approximately $16.5 million.[20] Using proceeds from the IPO, Textor purchased other online retailers and a marketing company to help build the brand. BabyUniverse saw an increase in revenues from $1 million to $40 million, resulting in the October 2007 sale of BabyUniverse into a reverse merger and change of control transaction with eToys.com, a well-known e-commerce company, controlled by D.E. Shaw. Textor resigned as CEO at the time of the merger, with BabyUniverse stock trading at its all-time high of $12.00 per share, having nearly tripled from its low in February of that same year. He later became Chairman of eToys.[21][22][23][24][25]
Digital Domain
In May 2006, Textor as one of the principals of Wyncrest Holdings, acquired Digital Domain. Other principals included film director Michael Bay and former NFL player Dan Marino. According to Variety, an inside source claimed that the buyers purchased the company for an estimated $35 million.[26]
Digital Domain won an Academy Award in 2009 for Achievement in Visual Effects for creating a believable digital human actor in The Curious Case of Benjamin Button. This achievement, known as the ‘Holy Grail of "Visual Effects" by The Hollywood Reporter.[27]
In 2011, Digital Domain Media Group entered into the film production business with a major investment into the feature film Ender's Game.[28] Textor is credited as Producer and Executive Producer on the film.[29][30]
Textor's team of around 20 artists organized the 2012 appearance of Virtual Tupac Shakur at the Coachella Valley Music Festival.[31][32][33] The performance earned Textor's studio the Titanium Award at the 59th annual Cannes Lions International Festival of Creativity.[34][35]
Digital Domain went bankrupt in 2012 and a short time later, Textor was sued by the state of Florida for $80M.[36]
The Supreme Court of New York and the Inspector General of the State of Florida cleared Textor of any financial wrongdoing,[37][38] and The Athletic reported that he had received a settlement from the hedge fund that caused the collapse.[39][40] The settlement awarded Textor $8.5 million in financial damages and assigned all technology assets of Digital Domain's Florida studio.[41][42]
SEC filings demonstrate that Textor used the award of these technology assets to launch the business that would ultimately become fuboTV.[43] Textor went on to launch Facebank in 2013.[41][42] "a technology-driven intellectual property company engaged in the development and promotion of human likeness technologies" and, in 2020, he bought sports streaming platform fuboTV, merging the two businesses before floating them on the New York Stock Exchange as FuboTV Inc.[39][44]
Pulse Evolution
In late 2013, Textor organized a group of former Digital Domain employees to create Pulse Evolution Corporation.[45] Pulse Evolution Corporation is a globally recognized pioneer in the development of hyper-realistic digital humans for live shows, virtual reality, augmented reality, holographic, 3D stereoscopic, web, mobile, interactive and artificial intelligence applications.[46] Pulse Evolution showcased its technology with a holographic performance of Virtual Michael Jackson at the 2014 Billboard Music Awards[47][48]
Technology, Media and Entertainment
fuboTV (Facebank Group)
According to a 2019 SEC filing, Facebank Group previously operated as Pulse Evolution Group and Recall Studios. The organization's filing described them as a digital human technology company, focused on the development, collection, protection and preparation of the personal digital likeness assets, of celebrities and consumers, for use in artificial intelligence, entertainment, personal productivity and social networking.[49] When it acquired Fubo TV. Allywatch described the acquisition as a reverse merger that effectively enabled Fubo TV to operate as a public company.[50] Fubo claimed that the merger expanded the organization's presence in the over-the-top television industry[51][52]
In April 2020, Textor completed the acquisition of fuboTV Media.[53] via zoom call.[54] Thusly, Fubo went public.[55] and in under two years, grew to an NYSE-listed market value of more than $6 billion.[56]
In the spring of 2020, Textor resigned from his post as Executive Chairman of fuboTV. At the time of his resignation from fuboTV, and through completion of the company's IPO on the New York Stock Exchange, Textor remained the largest shareholder of fuboTV.[57][58]
FuboTV grew rapidly in value as a public company, moving from the over-the-counter market, to the New York Stock Exchange, to the Russell 3000 index in only nine months.[59]
Football
Crystal Palace F.C.
In August 2021, Textor acquired a roughly 40 percent stake in Crystal Palace F.C., later increasing his ownership to approximately 45 percent by mid-2024.[60][61] He invested in upgrading the club’s youth academy and was part of the ownership group when Palace won their inaugural FA Cup in the 2024–25 season.[62] In July 2025, Textor sold his stake to New York Jets owner Woody Johnson in a deal reportedly worth £190 million.[63]
RWDM Brussels
Textor acquired Belgian club RWD Molenbeek in December 2021. Under his ownership, the team earned promotion to Belgium’s top division by winning the Challenger Pro League in 2023. In mid-2025, he initiated a rebranding of the club to Daring Brussels, referencing its historical roots. However, strong backlash from supporters led to a compromise, resulting in the name **RWDM Brussels**, which preserved the club's existing identity while incorporating the Brussels designation.[64]
Botafogo de Futebol e Regatas
In early 2022, Textor acquired Botafogo, which was grappling with debt and poor infrastructure. His data-driven strategy led to a dramatic revival: Botafogo won consecutive Taça Rio (2023 and 2024), the 2024 Campeonato Brasileiro Série A, and its first-ever Copa Libertadores. As Libertadores champions, Botafogo qualified for the 2025 FIFA Club World Cup, where they famously beat Paris Saint-Germain 1–0 and advanced to the knockout rounds. The club was also among five finalists nominated for the 2025 Ballon d'Or Men’s Club of the Year.[65][66][67]
Olympique Lyonnais (OL Groupe)
In December 2022, Textor gained a controlling stake in Olympique Lyonnais through OL Groupe. The club faced provisional relegation by French financial regulators (DNCG) in late 2024 but retained its Ligue 1 status following a successful appeal in July 2025. Textor argued the DNCG misunderstood his multi-club financial model, which diversified assets and liabilities through Eagle Football Holdings—a structure not reflected in their evaluation.[68][69]
Eagle Football Holdings Limited
Formed in September 2022, Eagle Football Holdings is the holding company through which Textor consolidated his football assets—spanning Crystal Palace, RWDM Brussels, Botafogo, and Olympique Lyonnais—and established a multi-club infrastructure for shared scouting, player development, and analytics.[70]
Remove ads
References
External links
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads