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Originally posted by JRW2
Originally posted by braunstoneagle
lets not also forget we do actually need to raise some money as we are losing it hand over foot. Have you seen the last few years' accounts? I haven't, so perhaps you could tell us how much money we're losing per week, or month, or whatever. I'm genuinely interested to know.
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Originally posted by lefty27
I wonder if he factored in that he may have to triple/quadruple AWBs wages in Order to keep him?
"It was a Team effort, I guess it took all players working together to lose this one" |
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Originally posted by CrazyBadger
I wonder if he factored in that he may have to triple/quadruple AWBs wages in Order to keep him? He has three years left on his contract?
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Originally posted by lefty27
He has three years left on his contract? And when has that been worth anything? all it does is allow us to ask for more money.
"It was a Team effort, I guess it took all players working together to lose this one" |
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Originally posted by CrazyBadger
And when has that been worth anything? all it does is allow us to ask for more money. So you think if the club were to tell him one more season then you can leave, he would play poorly and lack motivation?
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Originally posted by lefty27
So you think if the club were to tell him one more season then you can leave, he would play poorly and lack motivation? not neccessarily no, it depends on his attitude, obviously. but it seems to be the pattern that happens nowaday - club is interested in buying player, player gets new improved contract at current club.
"It was a Team effort, I guess it took all players working together to lose this one" |
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Originally posted by JRW2
Originally posted by braunstoneagle
lets not also forget we do actually need to raise some money as we are losing it hand over foot. Have you seen the last few years' accounts? I haven't, so perhaps you could tell us how much money we're losing per week, or month, or whatever. I'm genuinely interested to know. Last year we made a loss of £36m on revenues of £150m (total expenses of £186m). This equates to a loss of circa £700k per week. We had positive cashflows of ~£1m but only because of loan funding of ~£35m. Without the loan funding we would have had negative cashflows of £36m. We currently have circa £50m of loans on the books. £21m loans from shareholders (ie, Parish and the Americans) and £29m of advances from banks (basically guaranteed by the subsequent premier league money - think of it as £29m of the PL instantly leaving to repay this loan*). The positive spin (if you can find one) is that we didn't have a loss if you adjust for player registrations. The accounting for players is that you expense their signing fee over the life of the contract (so, for example, when we signed Benteke for £35m you don't have a year one loss of £35m - instead that cost is spread over the 4 years of his contract). Clubs tend to adjust this because it is non-cash (you've already spent the £35m as cash but are still incurring the 'cost' Either way the latest set of accounts make (generally) ugly reading and support the theory that we need to sell in the short term and better manage the wage bill in the medium term by signing fewer Jordon Mutch's. * That said we have a similar agreement to obtain further guarantees of £40m against the following year's PL money so you can kind of consider this as a rolling loan.
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Originally posted by Master Coin
Hrolf has decided that PL money is in some way infinite and when you’ve made that (incorrect) conclusion it leads to thinking we never need to sell ever. And unfortunately it means he can’t be reasoned with. As others have pointed out we have an unsustainable wage bill (even with PL income) and need to sell to keep afloat and/or reduce the wage structure. Putting words in my mouth? Oh dear. This is about who we want to be as a football club. Palace is a small club who struggle to attract top players. If every time we develop a great talent we sell them, then who are we? We will always be nothing.
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A daft comparison. Both those clubs can attract quality replacements.
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Originally posted by robdave2k
It's £40 - £50 million for a right back who 1. Isn't the finished article by a long shot. Shows how crazy the game has gone that after 50 or so games a player with potential can be worth that much. Well if it is so why so much interest in buying him? If you're right we glad stick with him! Edited by Portuguese (13 Jun 2019 12.27pm)
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I kinda think it is time you moved on and supported another team
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Originally posted by braunstoneagle
you know what...world record fee for a full back, 2nd highest ever fee for a defender...for a club like palace...f*** it! lets do it, he seems to want to want the move. since promotion, on the whole its not been defending that has been our problem and it is a lot, an awful lot of money. AWB is obviously f***ing quality but we cant hold him against his wishes, and if it helps us sign michi (or similar) then its all good with me. as a club our size, you simply cannot turn down north of £50m for a full back. And if we take the money for our best talent, we will always be that size or probably smaller.
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Anyone already thought with the rules in place after the Brexit his value probably will raise...
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Originally posted by Portuguese
Anyone already thought with the rules in place after the Brexit his value probably will raise... His value to a top 6 to 8 club in England is greater as clubs in European (or planning on being in Europe in the near future) competitions have to have a certain number of homegrown players within their squad registration for the Euro cup and Champions League. It's why AWB is more valuable to say Man Utd than he is to PSG for example.
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Originally posted by pssguy
I kinda think it is time you moved on and supported another team So you are happy for the team to sell it's best players and that makes you a good supporter? How many games have you actually attended?
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Originally posted by Hrolf The Ganger
A daft comparison. Both those clubs can attract quality replacements. They are both creators and scorers. AWB is a right back who hasn’t proved himself in attack.
COYP |
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Originally posted by Hrolf The Ganger
So you are happy for the team to sell it's best players and that makes you a good supporter? How many games have you actually attended? Do you accept that Palace are running at a loss? Do you accept that in order to survive as a club we will have to sell a player as we have outspent our income buying players like Sakho, Benteke etc.? Do you accept that a supporter wanting their club to not go into administration is not a bad suuporter? Do you accept that there is also the possibility that sometimes selling one excellent player for two good players can in fact improve an overall team rather than keeping the one excellent player?
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