Vieira actively avoided meeting Parish face to face for sometime, apparently it came to a head after the Villa game. He didnt go in the changing room or boardroom after the match, just left aftet TV interviews.
The rumours about goings on behind the scenes going back to last summer. It revolves around the Gallagher situation, Vieira was convinced he would sign for us and wasnt interested in anyone else, wanted to hold out for Gallagher right up to the deadline, we all know what happened.
Parish gets blamed for not supporting Vieira in the transfer market, its not his fault Vieira would only want players, that were unavailable.
Being over friendly with the players and not installing any discipline was also a criticism of Vieira, thats why people like Schlupp played whenever fit.

The above is entirely predictable drivel from the biggest brown noser and Parish apologist on these or any other boards. It's quite sickening, tbh.

Jackson.. Wan Bissaka.... Sansom.. Nicholas.. Cannon.. Guehi.... Zaha... Thomas.. Byrne... Holton.. Rogers.. that should do it..

Painter - thanks for that (extremely informative) post. Obviously, it's part speculation but I find most of it entirely believable and if the truth always lies between the two stones, I'm sure at a minimum what you've said is a true reflection of the general landscape. What does seem 100% clear is that relations between Parish and Vieira had totally broken down, likely some time ago. And wherever the fault lay for that, no business can thrive when its two key employees have a fractured relationship. In reality, all this suggests Parish should have acted far sooner to make the change than he did (and I say that as an avid Vieira supporter). Anyway, it's posts like yours above that make HOL worthwhile.

Edited by sydtheeagle (18 Mar 2023 10.02pm)

Sydenham by birth. Selhurst by the Grace of God.

CPFC's revenue is around £140M/year and traditionally, the value of any business is a multiple of its revenues, ranging somewhere between 2x and 10x depending on the industry and the state of the economy. Presently, that would value the club at around £300M IF it were a traditional business. But football isn't a traditional business.

Any club (or business) is worth what someone is willing to pay for it. Our best recent guide is 2021, when Textor paid around £90M for around 18% of Palace. That would value the club at very roughly £500M, or a multiple of around 4x. That's probably about where we are today.

I would guess revenues would remain reasonably constant for the first year after relegation, but value would drop dramatically. No one is going to pay 4x for a Championship club. And the longer you're out of the PL, the greater the drop. At a rough guess, I'd say if we're sellable for £500M today that would drop instantly to around £350M on relegation, and towards £250M if we didn't come straight back up. In short, relegation will instantly cost the owners millions, likely around £100-£150M overnight.

Sydenham by birth. Selhurst by the Grace of God.

[Link]

Vieira is very resilient. I think he'd make a good national coach

Thanks for that and Syd's response. I took a quick look at the bare financials in the last fiscal and surmised that probably the club is at a breakeven cashflow wise, and has outstanding loans and notes to current shareholders in the 35M range, so the the net value is in that £250 range, based on previous and comparable recent transactions, estimated revenue and outstanding liabilities. The drop has an estimated negative value of up to £100-150m - noting the Bournemouth recent sale.

That would be quite a wack to PV's position in the business, but even more to Textor. Of course we don't know what the situation is regarding shareholder loans, balance sheet financing and banking covenants. Anyways, Textor might have the upper hand today if he has more to loose and might start calling the shots and therefore push to get proven management on board fast versus PV probably leaning to either a Paddy/Roy temporary solution.

Anyways, total blind conjecture, but a bit of fun during the current doom and gloom situation.

Edited by radicalsteve (20 Mar 2023 8.28pm)

Edited by radicalsteve (20 Mar 2023 11.12pm)