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Croydon-Trucker 28 Aug 23 10.28pm | |
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Originally posted by SarfNorwoodAl
I understand where you lot are coming from and respect your opinions. I just want to see our club have a long term plan and show some ambition. We shouldnt be content to just avoid relegation this season. We should be looking to finish top 10 like Brentford etc. Giving Roy the job again after getting rid 2 years ago shows a lack of long term plan and ambition. Anyway lets see what happens still a few days left of the transfer window. Unlike Man City we dont have Saudi billions backing us and we cant afford the luxury of unlimited spending and flirting with the FFP rules . Of course we would all love to win the Premier league and the Champions league the FA cup ect, with Naymar and Kylian Mbappé and with Zidane as our manager but it not going to happen , and im ok with that . Im happy with the stability Roy has brought back to the club after the uncertanty of PV and im happy we dont have owners who are comfortable stoning women and beheading people for being gay. Im happy with the way Steve is running the club on a limited budget ! we are bringing on some future fantastic players, who when we do sell thm and we will , will make the club more financially stable and im happy being a mid table club until we can afford the players or bring the players through the accadamy that can make us a better club . If you are so unhappy (which you clearly are ) you definitley made the wrong choice of club to support .
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Tunbridge Tunbridge Wells 28 Aug 23 10.40pm | |
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My goodness some on here are delusional and really do live in cloud cuckoo land! It was mentioned on the excellent Monday night club on Radio Fivelive recenly, and I have no reason to disbelieve them, that Palace last made a profit in season 2013/14 when we got promoted to the Premier League. Since then we have made a loss every season. So having a go Parrish et al for not spending more and more without knowing all the facts is foolhardy at the very least!
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Teddy Eagle 28 Aug 23 10.43pm | |
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Nicholas91 The Democratic Republic of Kent 28 Aug 23 10.51pm | |
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Originally posted by Tunbridge
My goodness some on here are delusional and really do live in cloud cuckoo land! It was mentioned on the excellent Monday night club on Radio Fivelive recenly, and I have no reason to disbelieve them, that Palace last made a profit in season 2013/14 when we got promoted to the Premier League. Since then we have made a loss every season. So having a go Parrish et al for not spending more and more without knowing all the facts is foolhardy at the very least! I used to think what we charged for a Hot Dog/Burger prices was delusional but perhaps this explains it. As a quick detour, does anybody remember the advertised ‘meal deal’ they did circa 10/15 years ago? Was a hot dog and a bottle of drink for £5. I recall noticing a Hot Dog was £3.50 and a Drink £1.50 which in fact meant ‘twas no ‘deal’ at all! Unless the deal was your simple mathematics done for you
Now Zaha's got a bit of green grass ahead of him here... and finds Ambrose... not a bad effort!!!! |
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pssguy 28 Aug 23 11.24pm | |
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Originally posted by Teddy Eagle
I think you mean the Sliding Doors moment. Although Mike Dean is making a pitch for it to be named after him Edited by pssguy (28 Aug 2023 11.26pm)
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Dubai Eagle 29 Aug 23 6.31am | |
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Certainly last season there was still a deal to be had, a pie & a pint for £7.00 instead of £9.00 if you ordered it at least 45 minutes before kick off. Originally posted by Nicholas91
I used to think what we charged for a Hot Dog/Burger prices was delusional but perhaps this explains it. As a quick detour, does anybody remember the advertised ‘meal deal’ they did circa 10/15 years ago? Was a hot dog and a bottle of drink for £5. I recall noticing a Hot Dog was £3.50 and a Drink £1.50 which in fact meant ‘twas no ‘deal’ at all! Unless the deal was your simple mathematics done for you
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rikz Croydon 29 Aug 23 7.00am | |
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Originally posted by TheBigToePunt
I don't follow you rikz. Zaha got paid 5.2m a year. Each of those 5.2s came from the budget for that particular year, so him leaving didn't put any money in our account, it just saved us five million this year. That money can go towards transfer fees and wages. If Franca gets about £50k a week that's 2.5m this year. Plus Lermas wages, plus Olise new contract and bang, all the saved Zaha wage money is long gone. Then you have to find the 20m for Franca transfer fee. Based on our average spend every year for the last five to eight years (during which time our income has remained fairly stable, and given that the club accounts show that we spend all that we can), the Franca fee is the lions share of the yearly budget for transfer fees, presuming we spend only what we have and don't risk too much of next year's money now. Perhaps, as you say, we have staggered the Franca transfer fee over the life of his contract, but then perhaps we did the same thing when buying Eze, Anderson, guehi, Doucoure etc, in which case we have no more money available just because we haven't had to pay for Franca in one go. By the way, I've not got any greater understanding of the club's accounts than the next man, but you don't need much insight to get the drift. The club accounts show that Palace spend every penny they can v on players, wages and transfer fees included. Sometimes they spend two or three years worth of money in one year, sometimes they spend very little because they spent so much before, but the average spent on transfer fees, after sales, is around £20m to £25m a season. That's what we've got. Edited by TheBigToePunt (28 Aug 2023 10.07pm) I have no clue what franca is on but if the average wage is 60k per week then id be surprised If we was paying a 19 year old more than 40k but who knows, I also don't have any idea what our match day income is plus the running costs of the club. Our wage bill is apparently 60 mill a year, i could be wrong but I thought prem clubs got on average, 160 mill a year in TV money, so where is that 100 million going ? Plus the players are also an asset, like I said sell 2 out of Guehi, Andersen, olise, eze, doucoure next summer and that's 100 million being Conservative. I dont see how the club can be in as financially poor position as people are making out.
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Teddy Eagle 29 Aug 23 7.26am | |
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Originally posted by rikz
I have no clue what franca is on but if the average wage is 60k per week then id be surprised If we was paying a 19 year old more than 40k but who knows, I also don't have any idea what our match day income is plus the running costs of the club. Our wage bill is apparently 60 mill a year, i could be wrong but I thought prem clubs got on average, 160 mill a year in TV money, so where is that 100 million going ? Plus the players are also an asset, like I said sell 2 out of Guehi, Andersen, olise, eze, doucoure next summer and that's 100 million being Conservative. I dont see how the club can be in as financially poor position as people are making out. Maybe too much information on the finances but might be of interest to those who understand such things.
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taylors lovechild 29 Aug 23 7.43am | |
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You look at the PL and what everyone else is spending and really anything other than relegation is an achievement this season. Last season our points per pound spent put us in the Champions League spaces (I think) only behind Brighton and Brentford. What money the club has available it would seem it manages exceptionally well, especially when you look at how valuable our first XI is now versus what we spent on them. I think for a club our size there is a ceiling and personally I don't see how you break through that without some luck or a sugar daddy, but both would likely only bring short-term joy.
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Den1923 29 Aug 23 7.51am | |
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Originally posted by Car54
Would will get 35000 fans through the gate ? The probably answer is no, as new capacity will only increase by circa 8000 or up to circa 33.5k, this level is highly unlikely ever to be achieved in championship so that’s make it essential to manage team succession planning and competitiveness in EPL. Therefore our owners have to invest more in the team to protect our future if we are to have a new stadium and fill it.
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Dubai Eagle 29 Aug 23 7.56am | |
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If it attaches here is the latest CPFC financial review - Attachment: CPFC Financial Review.pdf (3,522.84Kb)
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NEILLO Shoreham-by-Sea 29 Aug 23 8.00am | |
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Originally posted by rikz
I have no clue what franca is on but if the average wage is 60k per week then id be surprised If we was paying a 19 year old more than 40k but who knows, I also don't have any idea what our match day income is plus the running costs of the club. Our wage bill is apparently 60 mill a year, i could be wrong but I thought prem clubs got on average, 160 mill a year in TV money, so where is that 100 million going ? Plus the players are also an asset, like I said sell 2 out of Guehi, Andersen, olise, eze, doucoure next summer and that's 100 million being Conservative. I dont see how the club can be in as financially poor position as people are making out. You started this Thread by saying that we have 5 playing assets around which we should build a stronger squad by the Board showing “ intent “. Now you are advocating selling 2 of them ! You seem to either be unable to grasp the club’s finances ( admittedly these can look complex ) or choose not to. Palace carry some of the lowest debt in the Premier League. They also adhere to FFP. The club is constrained by their location which in real terms is costing potential income . All things considered, there is not a lot of financial wriggle room for Parish to provide anything more than a comparatively modest transfer budget. And that scenario does not give the club the luxury of signing 3 more players that, to quote you, could be flops !
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