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May 11 2021 12.15pm

Palace accounts - £54m loss

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View Ali_Campbell's Profile Ali_Campbell Flag New Addington 11 Apr 21 11.46pm Send a Private Message to Ali_Campbell Add Ali_Campbell as a friend

What does this mean long term for out club?

I canít see us spending big in the summer. Worrying times.

This is why staying in the league is our main objective

[Link]

 

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View croydon proud's Profile croydon proud Flag Any european country i fancy! 12 Apr 21 12.00am Send a Private Message to croydon proud Add croydon proud as a friend

Originally posted by Ali_Campbell

What does this mean long term for out club?

I canít see us spending big in the summer. Worrying times.

This is why staying in the league is our main objective

[Link]

Yes, staying in the league is paramount, stay up and build the new stand,if we got relegated and didn"t come back up in a few years we would just be another blackburn, charlton or wigan, except without their trophys!

 

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View dreamwaverider's Profile dreamwaverider Flag 12 Apr 21 12.40am Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Is it right Sky and BT are going to pay way less moving forward. Something like 85% of our incomes is from telly rights no? Coupled with our covid accounts which must be dire, we must be looking up a steep hill or are our investors putting up at last?

 

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View thai-eagle's Profile thai-eagle Flag chiang mai 12 Apr 21 4.38am Send a Private Message to thai-eagle Add thai-eagle as a friend

Maybe we should start to reduce the losses by letting some of our big earners leave? Sakho, Benteke and our injury favorite Wickham to mention three, then finally end the Zaha chapter if Arsenal or any other club pay us what we demand.
Secondly, make younger players our main transfer goal, no more relying on has-beens...

 

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View Midlands Eagle's Profile Midlands Eagle Flag 12 Apr 21 6.25am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

I don't know where he got the accounts from as they haven't been files yet. Some of the loss will be accounted for my extending the year end for a month as the figures will now include 13 months wages and overheads.

The article states that turnover is down by just over £10m from the previous year which surely indicates substantial underlying losses on a continuing basis.

i await the filing of the accounts with interest as the article poses more questions than answers

 

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View sprites's Profile sprites Flag Auckland 12 Apr 21 6.30am Send a Private Message to sprites Add sprites as a friend

Originally posted by thai-eagle

Maybe we should start to reduce the losses by letting some of our big earners leave? Sakho, Benteke and our injury favorite Wickham to mention three, then finally end the Zaha chapter if Arsenal or any other club pay us what we demand.
Secondly, make younger players our main transfer goal, no more relying on has-beens...

Or, better yet, offer them reduced terms. Benteke just hitting some form and Wickham looking good for the 23s.
Agree about time to let Zaha move on. That would certainly help the piggy back.

 

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View Spiderman's Profile Spiderman Flag Horsham 12 Apr 21 6.51am Send a Private Message to Spiderman Add Spiderman as a friend

Originally posted by Ali_Campbell

What does this mean long term for out club?

I canít see us spending big in the summer. Worrying times.

This is why staying in the league is our main objective

[Link]

Same article had a link to Villaís losses....

£99m!

 

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View EddieMac's Profile EddieMac Flag 12 Apr 21 7.04am Send a Private Message to EddieMac Add EddieMac as a friend

Originally posted by Ali_Campbell

What does this mean long term for out club?

I canít see us spending big in the summer. Worrying times.

This is why staying in the league is our main objective

[Link]

Exactly why staying in this league was all that mattered this year. Fans are completely underestimating the affects COVID is going to have on football clubs.

 

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View Mwncisee's Profile Mwncisee Flag Middlesbrough 12 Apr 21 7.20am Send a Private Message to Mwncisee Add Mwncisee as a friend

Think you will find every prem club, or football club for that matter will be posting significant losses this year due to Covid. It will all be relative and why this summer will be a buyers market with reduced fees

 

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View crystal-purley's Profile crystal-purley Flag Purley 12 Apr 21 7.32am Send a Private Message to crystal-purley Add crystal-purley as a friend

Terrible but not as bad as it might have been. It looks terrible comparative to the previous season but that included the Wan-Bissaka sale. If we get back to normality then not too bad but there is the tricky Main Stand question, do we start the building asap or hold back another year, a veritable sword of Damacles.
on another but similar note has anybody had problems swapping last season's ticket money for this season's ticket?

 


Just retired but haven't learned to garden yet

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View Badger11's Profile Badger11 Flag Beckenham 12 Apr 21 7.51am Send a Private Message to Badger11 Add Badger11 as a friend

I think we know now why Palace have not yet started negotiations with those out of contract they have been waiting for the annual accounts and not just Palace.

Other clubs will soon by publishing their losses as well so hopefully the agents will realise that only a tiny handful of clubs are able to spend money.

I suspect that those who want to stay will re-sign at lower wages whilst only PA and Zaha and possibly Benteke are likely to get better terms elsewhere.

 


One more point

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View Lanzo-Ad's Profile Lanzo-Ad Flag Lanzarote 12 Apr 21 8.09am Send a Private Message to Lanzo-Ad Add Lanzo-Ad as a friend

Originally posted by Badger11

I think we know now why Palace have not yet started negotiations with those out of contract they have been waiting for the annual accounts and not just Palace.

Other clubs will soon by publishing their losses as well so hopefully the agents will realise that only a tiny handful of clubs are able to spend money.

I suspect that those who want to stay will re-sign at lower wages whilst only PA and Zaha and possibly Benteke are likely to get better terms elsewhere.

Get rid of all of the out of contract players, and sell Zaha even at 15m, Mitchell, Eze , and Mateta are better than them 3 you mentioned anyway, there will be dozens of players available on frees at other clubs, New manager is the Priority, we have to get rid of all the 70k and over players

 

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