He told BBC Sport: "When you're a majority owner in three clubs and you get used to being very involved and then you have to change your hat to be a minority owner in another club, sometimes day to day it's difficult to make that transition.
"But, I came into Palace knowing I would be a minority owner. I had a chance to buy a majority; I chose not to.
"When people talk about the dysfunction on the Crystal Palace board, where? Who are they, who says this? We meet every Friday at 11am and Steve communicates as much as any Premier League owner I know. If we disagree on a player, our fans should expect us to. Isn't that what we're supposed to do?
"There are a million opinions about who is your best right-back or left-winger. Am I supposed to go to the meeting and say, 'Yes Steve, I love all of your choices'? We have maybe disagreed on two players in two years and people want to talk about dysfunction.
"We disagree a little bit on the multi-club thing but a lot of people do.
"There are benefits to the multi-club collaboration and there are dangers to it. Steve's been running a Premier League club for 12 years.
"Would I love to own the majority of Crystal Palace? I think every fan of Crystal Palace should love that I want to buy more shares, that (shareholder David) Blitzer wants to buy more shares, that (shareholder) Josh Harris wants to buy more shares. How can people be upset about this?
"Steve runs it, we're the largest shareholder, we are asked our opinion on every major decision and we share it. Obviously you can see that Steve was highly collaborative on his selection of coach."