cpfc accounts sumbitted

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braunstoneagle the middle of bumf*** nowhere... 27 Jul 21 6.21pm
Originally posted by The Dolphin Wait for the next set with no fans at all for 12 months with all big player contracts still in place. It could hit an £80m- £100m loss if we broke even 18/19 with AWB sale, lost £60m 19/20 with 6 months of covid i wouldnt be surprised at a £60 loss for 20/21 season considering sorloth transfer meant we more or less meant transfers wiped their own nose for last season. i suppose one good thing is that given our investment in youth recently all it would take would for eze for example to have a stunning 2nd half to this season and we could break even for this coming season even with the expenditure. ‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway
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braunstoneagle

the middle of bumf*** nowhere... 27 Jul 21 6.21pm

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Originally posted by The Dolphin

Wait for the next set with no fans at all for 12 months with all big player contracts still in place.
It could hit an £80m- £100m loss

if we broke even 18/19 with AWB sale, lost £60m 19/20 with 6 months of covid i wouldnt be surprised at a £60 loss for 20/21 season considering sorloth transfer meant we more or less meant transfers wiped their own nose for last season.

i suppose one good thing is that given our investment in youth recently all it would take would for eze for example to have a stunning 2nd half to this season and we could break even for this coming season even with the expenditure.

‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway

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braunstoneagle the middle of bumf*** nowhere... 27 Jul 21 6.30pm
Originally posted by Midlands Eagle The group are technically insolvent as their liabilities exceed assets and another fat loss will make the Balance Sheet look awful and one wonders where the money is coming from for all these new players that we are purchasing i did think that myself. i may be wrong but wasnt this set of accounts the end of our FFP cycle that got extended from 3-4 years. which means we are allowed to spend the owners money again, thats the only place i can assume its coming from, or this years instalments of transfer payments anyway. ‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway
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braunstoneagle

the middle of bumf*** nowhere... 27 Jul 21 6.30pm

Originally posted by Midlands Eagle

The group are technically insolvent as their liabilities exceed assets and another fat loss will make the Balance Sheet look awful and one wonders where the money is coming from for all these new players that we are purchasing

i did think that myself. i may be wrong but wasnt this set of accounts the end of our FFP cycle that got extended from 3-4 years. which means we are allowed to spend the owners money again, thats the only place i can assume its coming from, or this years instalments of transfer payments anyway.

‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway

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ambrose7 Croydon 27 Jul 21 8.48pm
Originally posted by braunstoneagle i did think that myself. i may be wrong but wasnt this set of accounts the end of our FFP cycle that got extended from 3-4 years. which means we are allowed to spend the owners money again, thats the only place i can assume its coming from, or this years instalments of transfer payments anyway. Unlike the previous signings (Van Aanholt, Sakho, Benteke) who are all contract up at 30 years old and nowhere near the same value, we've secured Guehi until 26, Olise until 24, apparently Andersen until 30... They're actually sellable assets so although it hits the balance sheet, we'll likely come out cash positive on these signings. 26th January 2010 - Enter Administration 2nd May 2010 - D-Day 1 - Survival at Hillsborough 1st June 2010 - D-Day 2 - Survival at Lloyds 7th June 2010 - CPFC2010 exchange contracts.
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ambrose7

Croydon 27 Jul 21 8.48pm

Originally posted by braunstoneagle

Unlike the previous signings (Van Aanholt, Sakho, Benteke) who are all contract up at 30 years old and nowhere near the same value, we've secured Guehi until 26, Olise until 24, apparently Andersen until 30...

They're actually sellable assets so although it hits the balance sheet, we'll likely come out cash positive on these signings.

26th January 2010 - Enter Administration
2nd May 2010 - D-Day 1 - Survival at Hillsborough
1st June 2010 - D-Day 2 - Survival at Lloyds
7th June 2010 - CPFC2010 exchange contracts.

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Lanzo-Ad Lanzarote 27 Jul 21 9.45pm
Originally posted by The Dolphin Wait for the next set with no fans at all for 12 months with all big player contracts still in place. It could hit an £80m- £100m loss The only big contract left is wilf, 130k a week, second is Guaita 77k “That’s a joke son, I say, that’s a joke.” “Nice boy, but he’s sharp as a throw pillow.” “He’s so dumb he thinks a Mexican border pays rent” “ “Son… I say, son, some people are so narrow minded they can look through a keyhole with both eyes.”__ Forhorn Leghorn
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Lanzo-Ad

Lanzarote 27 Jul 21 9.45pm

Originally posted by The Dolphin

Wait for the next set with no fans at all for 12 months with all big player contracts still in place.
It could hit an £80m- £100m loss

The only big contract left is wilf, 130k a week, second is Guaita 77k

“That’s a joke son, I say, that’s a joke.” “Nice boy, but he’s sharp as a throw pillow.” “He’s so dumb he thinks a Mexican border pays rent” “ “Son… I say, son, some people are so narrow minded they can look through a keyhole with both eyes.”__ Forhorn Leghorn

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doombear Too far from Selhurst Park 28 Jul 21 10.17am
Originally posted by Lanzo-Ad The only big contract left is wilf, 130k a week, second is Guaita 77k What is Benteke now on?
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doombear

Too far from Selhurst Park 28 Jul 21 10.17am

Originally posted by Lanzo-Ad

The only big contract left is wilf, 130k a week, second is Guaita 77k

What is Benteke now on?

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Deleted3 28 Jul 21 10.42am
The truth has to be that Benteke is paid too much - but that's not a comment against him. All Premier players are overpaid and everyone knows that. Financial Fair Play was introduced because it was obvious many years ago that all clubs are spending money that they don't have. They found that Manchester City may have broken the rules and then reversed the stance. So all the Premiership clubs will carry on spending a ridiculous per centage of income on players wages and image rights etc etc . I don't have the answer but it is a problem that no-one is going to tackle.
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Deleted3

28 Jul 21 10.42am

The truth has to be that Benteke is paid too much - but that's not a comment against him. All Premier players are overpaid and everyone knows that. Financial Fair Play was introduced because it was obvious many years ago that all clubs are spending money that they don't have. They found that Manchester City may have broken the rules and then reversed the stance. So all the Premiership clubs will carry on spending a ridiculous per centage of income on players wages and image rights etc etc . I don't have the answer but it is a problem that no-one is going to tackle.

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Dubai Eagle 28 Jul 21 10.51am
If anyone saw that Fans Reform article on the BBC sports app the other day ( maybe a couple weeks ago) They said - copy / paste below - in season 18/19 9 Premier League clubs made pretax losses, and 8 clubs operated with a wage to revenue ratio at or over the level (70%) considered dangerous, with 3 over 80% - the first time more than one club has operated over 80%. The situation is even worse below Premier League level. In the Championship in the same pre-Covid season, only two Championship clubs made both operating and pre-tax profits, average wage to turnover was 107% and average operating losses £16m annually. Leagues 1 and 2 made pre-tax losses of £22m and £20m respectively. Operating at such a level of consistent losses is clearly unsustainable in the long term
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Dubai Eagle

28 Jul 21 10.51am

If anyone saw that Fans Reform article on the BBC sports app the other day ( maybe a couple weeks ago)
They said - copy / paste below -

in season 18/19 9 Premier League clubs made pretax losses, and 8 clubs operated with a wage to revenue ratio at or over the level (70%) considered
dangerous, with 3 over 80% - the first time more than one club has operated over 80%.
The situation is even worse below Premier League level. In the Championship in the same pre-Covid
season, only two Championship clubs made both operating and pre-tax profits, average wage to
turnover was 107% and average operating losses £16m annually. Leagues 1 and 2 made pre-tax
losses of £22m and £20m respectively.
Operating at such a level of consistent losses is clearly unsustainable in the long term

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Dubai Eagle 28 Jul 21 10.57am
This is the link to the report [Link]
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Dubai Eagle

28 Jul 21 10.57am

This is the link to the report

[Link]

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Den1923 28 Jul 21 2.32pm
Here is the wages for 2021 Crystal Palace Players Salaries 2021 Player Nationality Position Weekly Wage Wayne Hennessey Welsh Goalkeeper £40,000 Vicente Guaita Spanish Goalkeeper £60,000 Scott Dann English Defender £60,000 Gary Cahill English Defender £65,000 Joel Ward English Defender £35,000 Martin Kelly English Defender £25,000 Patrick van Aanholt Dutch Defender £55,000 Nathan Ferguson English Defender – Jaroslaw Jach Polish Defender – Sam Woods English Defender – James Tomkins English Defender £50,000 Mamadou Sakho French Defender £100,000 Jairo Riedewald Dutch Defender £55,000 James McCarthur Scottish Midfielder £50,000 Cheikhou Kouyate Senegal Midfielder £65,000 Eberechi Eze English Midfielder £30,000 James McCarthy English Midfielder £50,000 Brandon Pierrick English Midfielder – Jeffrey Schlupp Ghanaian Midfielder £56,000 Max Meyer German Midfielder £125,000 Luka Milivojevic Serbian Midfielder £55,000 Jordan Ayew Ghanian Forward £35,000 Wilfried Zaha English Forward £130,000 Andros Townsend English Forward £80,000 Conor Wickham English Forward £60,000 Christian Benteke Belgian Forward £120,000 Crystal Palace Players Salaries 2021 As you can see, there is a large range of wages at Crystal Palace. The more important players are on the higher wages, and Wilfried Zaha is on the highest wage the club has ever paid. Other notable wages are £125,000 for Max Meyer following his arrival last summer. Belgian international Christian Benteke is also on £120,000. The Palace fans were looking for decent performances from the key players and they have delivered decently so far. The club has enjoyed seven years at the top flight and finished the 2019/20 season at the 14th place. Roy Hodgson’s squad lacks depth having only 21 as first-team players due to the lack of funds at the club. Palace even failed to progress in either of the two cup competitions. This transfer window is crucial for the club as they need to address the aging squad and sign some young players. They already started that with the signing of 19-year old England U-20 right-back Nathan Ferguson. Check: Crystal Palace Squads 2021
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Den1923

28 Jul 21 2.32pm

Here is the wages for 2021
Crystal Palace Players Salaries 2021
Player Nationality Position Weekly Wage
Wayne Hennessey Welsh Goalkeeper £40,000
Vicente Guaita Spanish Goalkeeper £60,000
Scott Dann English Defender £60,000
Gary Cahill English Defender £65,000
Joel Ward English Defender £35,000
Martin Kelly English Defender £25,000
Patrick van Aanholt Dutch Defender £55,000
Nathan Ferguson English Defender –
Jaroslaw Jach Polish Defender –
Sam Woods English Defender –
James Tomkins English Defender £50,000
Mamadou Sakho French Defender £100,000
Jairo Riedewald Dutch Defender £55,000
James McCarthur Scottish Midfielder £50,000
Cheikhou Kouyate Senegal Midfielder £65,000
Eberechi Eze English Midfielder £30,000
James McCarthy English Midfielder £50,000
Brandon Pierrick English Midfielder –
Jeffrey Schlupp Ghanaian Midfielder £56,000
Max Meyer German Midfielder £125,000
Luka Milivojevic Serbian Midfielder £55,000
Jordan Ayew Ghanian Forward £35,000
Wilfried Zaha English Forward £130,000
Andros Townsend English Forward £80,000
Conor Wickham English Forward £60,000
Christian Benteke Belgian Forward £120,000
Crystal Palace Players Salaries 2021
As you can see, there is a large range of wages at Crystal Palace. The more important players are on the higher wages, and Wilfried Zaha is on the highest wage the club has ever paid. Other notable wages are £125,000 for Max Meyer following his arrival last summer. Belgian international Christian Benteke is also on £120,000. The Palace fans were looking for decent performances from the key players and they have delivered decently so far. The club has enjoyed seven years at the top flight and finished the 2019/20 season at the 14th place.

Roy Hodgson’s squad lacks depth having only 21 as first-team players due to the lack of funds at the club. Palace even failed to progress in either of the two cup competitions. This transfer window is crucial for the club as they need to address the aging squad and sign some young players. They already started that with the signing of 19-year old England U-20 right-back Nathan Ferguson.

Check: Crystal Palace Squads 2021

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orpingtoneagle Orpington 28 Jul 21 2.40pm
Any forensic analysis of these accounts is meaningless as we will never see the whole picture as much of the ownership structure and flows of money are through opaque structures or ones who do need to either not draw up accounts or not publish them. But looking at just these figures we are as are most clubs insolvent and just goes to soow there is no industry quite like football.
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orpingtoneagle

Orpington 28 Jul 21 2.40pm

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Any forensic analysis of these accounts is meaningless as we will never see the whole picture as much of the ownership structure and flows of money are through opaque structures or ones who do need to either not draw up accounts or not publish them.

But looking at just these figures we are as are most clubs insolvent and just goes to soow there is no industry quite like football.

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kev64 Cambs 28 Jul 21 3.16pm
Originally posted by Den1923 Here is the wages for 2021 Crystal Palace Players Salaries 2021 Player Nationality Position Weekly Wage Wayne Hennessey Welsh Goalkeeper £40,000 Vicente Guaita Spanish Goalkeeper £60,000 Scott Dann English Defender £60,000 Gary Cahill English Defender £65,000 Joel Ward English Defender £35,000 Martin Kelly English Defender £25,000 Patrick van Aanholt Dutch Defender £55,000 Nathan Ferguson English Defender – Jaroslaw Jach Polish Defender – Sam Woods English Defender – James Tomkins English Defender £50,000 Mamadou Sakho French Defender £100,000 Jairo Riedewald Dutch Defender £55,000 James McCarthur Scottish Midfielder £50,000 Cheikhou Kouyate Senegal Midfielder £65,000 Eberechi Eze English Midfielder £30,000 James McCarthy English Midfielder £50,000 Brandon Pierrick English Midfielder – Jeffrey Schlupp Ghanaian Midfielder £56,000 Max Meyer German Midfielder £125,000 Luka Milivojevic Serbian Midfielder £55,000 Jordan Ayew Ghanian Forward £35,000 Wilfried Zaha English Forward £130,000 Andros Townsend English Forward £80,000 Conor Wickham English Forward £60,000 Christian Benteke Belgian Forward £120,000 Crystal Palace Players Salaries 2021 As you can see, there is a large range of wages at Crystal Palace. The more important players are on the higher wages, and Wilfried Zaha is on the highest wage the club has ever paid. Other notable wages are £125,000 for Max Meyer following his arrival last summer. Belgian international Christian Benteke is also on £120,000. The Palace fans were looking for decent performances from the key players and they have delivered decently so far. The club has enjoyed seven years at the top flight and finished the 2019/20 season at the 14th place. Roy Hodgson’s squad lacks depth having only 21 as first-team players due to the lack of funds at the club. Palace even failed to progress in either of the two cup competitions. This transfer window is crucial for the club as they need to address the aging squad and sign some young players. They already started that with the signing of 19-year old England U-20 right-back Nathan Ferguson. Check: Crystal Palace Squads 2021 Interesting.. but by cutting the guys that have left that removes circa 30 mill off the wage bill , so what and who accounts for the other 100 mill or so ? .. operating at 93% income going on wages is financial suicide ..
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kev64

Cambs 28 Jul 21 3.16pm

Originally posted by Den1923

Check: Crystal Palace Squads 2021

Interesting.. but by cutting the guys that have left that removes circa 30 mill off the wage bill , so what and who accounts for the other 100 mill or so ? .. operating at 93% income going on wages is financial suicide ..

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