This page is no longer updated, and is the old forum. For new topics visit the New HOL forum.
Are we in financial trouble
Register | Edit Profile | Subscriptions | Forum Rules | Log In
 ItsCPFCforme  24 Jan 19 12.36pm |
  |
|---|---|
|
Originally posted by orpingtoneagle
The money put into the club by the American investors comes with interest payments. This debt needs to be serviced and sucks money out of the club. SP has his new stadium dream, that costs money. The club's opaque structure means that just where all this money goes is virtually impossible to track but it sure does look as if our aspirations are yet again to survive by the skin of our teeth and it is expected the current squad can do that. Are we really expected to believe that our dedicated scouting team led by Dougie are saying there is not a striker anywhere that fits the bill? We survived by 11 pts last year and finished in 11th... wouldn't call that 'skin of our teeth'
|
|
 Alert a moderator to this post |
  |
| Ginger Pubic Wig Wickham de L'Ouest 24 Jan 19 1.38pm |
|
|---|---|
|
Anyone here an accountant who's I do wonder how people formulate their strident views on this -- one way or another.
If you want to live in a world full of kindness, respect and love, try to show these qualities. |
|
| Alert a moderator to this post |
|
modelled our finances and 
knows the finer workings of FFP and all the related regulations?| bexleydave Barnehurst 03 Feb 19 2.19pm |
 |
|---|---|
|
We're losing £500k a week according to the moronic account lecturer from Brighton/Liverpool:
Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum) |
|
| Alert a moderator to this post |
|
| Part Time James 03 Feb 19 3.06pm |
|
|---|---|
|
Originally posted by bexleydave
We're losing £500k a week according to the moronic account lecturer from Brighton/Liverpool: I would've thought most clubs have a net loss on a weekly basis that is only offset by an annul injection of money from sponsors, prize money and TV money.
|
|
| Alert a moderator to this post |
|
| chris123 hove actually 03 Feb 19 3.25pm |
|
|---|---|
|
Originally posted by Rudi Hedman
That’s great, and I know all of that, but what about: The £100 million? How the Americans gained their shares? What was the price? Where did the money go? It’s all very well saying 2010 owner this % individually then but this now. What about the money, the agreements and arrangements that make the club tick and progress? When you sell shares in a company, the exchange is between buyer and seller. So in the CPFC2010 sale of stakes to the US investors, the money goes to the CPFC2010 shareholders who sold and not the club.
|
|
| Alert a moderator to this post |
|
| braunstoneagle the middle of bumf*** nowhere... 03 Feb 19 4.22pm |
|
|---|---|
|
Originally posted by bexleydave
We're losing £500k a week according to the moronic account lecturer from Brighton/Liverpool: why is he moronic? ive read his articles on twitter now for a long time, and his stuff is really interesting. not just on palace but all football clubs in general. when swansea were in the PL apparantly they were also losing circa 500k a week, they offset that with player sales selling bony ,sigurdsson, mawson etc. what does worry me, is that to cover these losses we have been borrowing money against the following years TV income. i can see young AWB being sold in the summer to offset losses and enable is to spend a litttle also.
‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway |
|
| Alert a moderator to this post |
|
| davehuggins 03 Feb 19 4.27pm |
|
|---|---|
|
The published accounts don't reflect this, I believe SP will have this fully under control.
|
|
| Alert a moderator to this post |
|
Henry of Peckham  Eton Mess 03 Feb 19 4.41pm |
|
|---|---|
|
Don't worry … they'll be asking for our season ticket money soon. That's got to be around £10 million?
Denial is not just a river in Egypt |
|
| Alert a moderator to this post |
|
| braunstoneagle the middle of bumf*** nowhere... 03 Feb 19 4.48pm |
|
|---|---|
|
Originally posted by davehuggins
The published accounts don't reflect this, I believe SP will have this fully under control. we have the same wage bill per annum as leicester city, our % of revenue spent on wages is (i think) 87%, leicester % of revenue to wages is (i think) 46%. leicesters revenue is approx £100m a year more than ours, i can only assume this is due to sponsorship deals from their mega rich owners who incidentially have naming rights to the ground & shirt sponsorship. this is what we need when we eventually have a change of ownership, as it would seem our current model is not sustainable.
‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway |
|
| Alert a moderator to this post |
|
| chris123 hove actually 03 Feb 19 5.19pm |
|
|---|---|
|
Originally posted by braunstoneagle
we have the same wage bill per annum as leicester city, our % of revenue spent on wages is (i think) 87%, leicester % of revenue to wages is (i think) 46%. leicesters revenue is approx £100m a year more than ours, i can only assume this is due to sponsorship deals from their mega rich owners who incidentially have naming rights to the ground & shirt sponsorship. this is what we need when we eventually have a change of ownership, as it would seem our current model is not sustainable. Champions League money?
|
|
| Alert a moderator to this post |
|
| bexleydave Barnehurst 03 Feb 19 5.36pm |
|
|---|---|
|
Originally posted by braunstoneagle
we have the same wage bill per annum as leicester city, our % of revenue spent on wages is (i think) 87%, leicester % of revenue to wages is (i think) 46%. leicesters revenue is approx £100m a year more than ours, i can only assume this is due to sponsorship deals from their mega rich owners who incidentially have naming rights to the ground & shirt sponsorship. this is what we need when we eventually have a change of ownership, as it would seem our current model is not sustainable. So you think the club's bankrupt then and the next administration is imminent?
Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum) |
|
| Alert a moderator to this post |
|
| est1905 03 Feb 19 6.19pm |
|
|---|---|
|
It is tripe to suggest the club is in financial trouble and ridiculous without any proof to spout rubbish that the club is now borrowing against next years TV money.
|
|
| Alert a moderator to this post |
|
Login / RegisterNew users
Registration is now on our new message board
Existing users
To login with your existing username you will need to convert your account over to the new message board.
Sponsors
All images and text on this site are copyright © 1999-2024 The Holmesdale Online, unless otherwise stated.
Web Design by Guntrisoft Ltd.