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Palace Board seek to finance replacement old stand
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 Eagleshavelanded  Tooting 04 Dec 23 2.19pm |
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Despite having some of the wealthiest backers in the Prem, the Board seek finance to fund the new Old Stand. See attachment or link:
Ideas from outside the box for your property finance needs [Link] |
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Attachment: | Elpis In a pub 04 Dec 23 2.39pm |
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So where has the £100M gone that was invested by Harris and co that was 'ring fenced ' for ground improvements .
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| Eagleshavelanded Tooting 04 Dec 23 2.58pm |
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Funny that Originally posted by Elpis
So where has the £100M gone that was invested by Harris and co that was 'ring fenced ' for ground improvements .
Ideas from outside the box for your property finance needs [Link] |
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PalazioVecchio  south pole 04 Dec 23 3.25pm |
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i am now convinced that i could live to age 110 and that even my great-grandkids will never see Selhurst being anything other than an outdated kip. eternal discussions : - Redeveloping Selhurst
Kayla did Anfield & Old Trafford |
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| Badger11 Beckenham 04 Dec 23 3.25pm |
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Originally posted by Elpis
So where has the £100M gone that was invested by Harris and co that was 'ring fenced ' for ground improvements . Rich people never use their own money. I should add that the original cost of £100m was pre COVID and building costs have since soared so it is possible that the cost is now £140m? Edited by Badger11 (04 Dec 2023 3.27pm)
One more point |
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| Dubai Eagle 04 Dec 23 3.33pm |
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Indeed Badger, I was just going to post that in the last thread on main stand / ground improvements (as recently as Nov 2023) the costs were projected as £150 Million - or £150 / 200 Million depending upon which of the posts you were more inclined to believe. Originally posted by Badger11
Rich people never use their own money. I should add that the original cost of £100m was pre COVID and building costs have since soared so it is possible that the cost is now £140m? Edited by Badger11 (04 Dec 2023 3.27pm)
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 grumpymort  US/Thailand/UK 04 Dec 23 3.53pm |
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Originally posted by Badger11
Rich people never use their own money. I should add that the original cost of £100m was pre COVID and building costs have since soared so it is possible that the cost is now £140m? Edited by Badger11 (04 Dec 2023 3.27pm)
He was later on almost begging for other investment for it. 160m is still too low this is why it's not worth it may as well spend double on a new ground. People asking what happened to 100m It would have gone into other improvements to the ground and the likes of training/academy plus it wasn't 100m anyway it was how much they paid for the club which was close to 80m. The Americans have no issue using lots of money over in US so it does make you wonder why they wont put anything into Palace.
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sligo565  Limerick 04 Dec 23 5.43pm |
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Can anyone remind me why building a new stadium at 'Crystal Palace Park' fell by the wayside?
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| thegreatlardino crawley/selsey 04 Dec 23 5.47pm |
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bromley council wouldnt allow it even if we tried, also the locals in the "triangle" are too snobby to allow us oiks up there!
Sometimes I set out for Ludlow |
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| eritheagle Erith 04 Dec 23 6.04pm |
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I'm not trying to defend Parish but maybe the owners can't fund all the stand themselves as may be in danger of breaking similar FFP rules as Everton as I'm sure some of their cheating was to do with new ground. I may be completely wrong though!
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| martin2412 Living The Dream 04 Dec 23 7.15pm |
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£45M - that's about half a Harry Maguire.
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| Badger11 Beckenham 04 Dec 23 7.46pm |
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Originally posted by eritheagle
I'm not trying to defend Parish but maybe the owners can't fund all the stand themselves as may be in danger of breaking similar FFP rules as Everton as I'm sure some of their cheating was to do with new ground. I may be completely wrong though! I don't know the rules but I thought that at one time infrastructure build was not included in FFP although I might be wrong.
One more point |
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