You are here: Home > Message Board > Palace Talk > Takeover in weeks?
November 2 2026 8.53pm

This page is no longer updated, and is the old forum. For new topics visit the New HOL forum.

Takeover in weeks?


Page 23 of 25 < 19 20 21 22 23 24 25 >
Jacey Flag 09 Feb 20 3.49pm

Originally posted by Painter

Its all gone very quiet on the sale?

Has anyone yet worked out, who actually owns Palace? From what I see there are 3 companies with an interest/share CPFC 2010 Ltd, Palace Midco UK Ltd and Palace Holdco UK Ltd. I did hear the Holdco element is thousands of small share holders in the USA.
With the web on ownership, its not surprising a sale is complicated.

Probably with our 3 defeats in a row,any investors will postpone any negotiations until we are safe,which is by no means certain.

 

EddieMac Flag 09 Feb 20 8.18pm

Originally posted by Jacey

Probably with our 3 defeats in a row,any investors will postpone any negotiations until we are safe,which is by no means certain.

The deal collapsed because Sorloth got sent off last night.

 

deetee Flag 09 Feb 20 8.26pm

nothing will happen until we are safe

 

The Dolphin Flag 12 Feb 20 11.09am

Guys -- I haven't read this whole thread and don't shoot the messenger either but a mate who lives in Perth, Australia not Scotland, tells me that the news there is that LFE - London Football Exchange - want seven Clubs - Perth and Palace being two of them.
True - no idea at all but apparently on the TV there in the last 24 hours?

 

Eaglecoops Flag CR3 12 Feb 20 11.14am

Originally posted by The Dolphin

Guys -- I haven't read this whole thread and don't shoot the messenger either but a mate who lives in Perth, Australia not Scotland, tells me that the news there is that LFE - London Football Exchange - want seven Clubs - Perth and Palace being two of them.
True - no idea at all but apparently on the TV there in the last 24 hours?

It will be just our luck that a massive company wants to buy us out but we get relegated so they move on. I can see it happening. It would be exactly like our transfers, "we tried to make it happen, but we couldn't get it over the line". Are we destined to be forever the bridesmaid and the ugly one at that.

 

The Dolphin Flag 12 Feb 20 11.16am

The Perth deal is allegedly being done this week.
We were the only other named Club of the seven.
Again - what I have been told is on Aussie TV news - not personal knowledge.

 

ASCPFC Flag Pro-Cathedral/caravan park 12 Feb 20 11.26am

Originally posted by The Dolphin

Guys -- I haven't read this whole thread and don't shoot the messenger either but a mate who lives in Perth, Australia not Scotland, tells me that the news there is that LFE - London Football Exchange - want seven Clubs - Perth and Palace being two of them.
True - no idea at all but apparently on the TV there in the last 24 hours?

I've just had a brief look into it. The Perth Glory thing will likely happen - still needs approval. However, LFE have a goal of reaching funding of 350 mil US dollars. They do not currently have anywhere near that. Regardless of anything else, they just wouldn't have the equity to buy Palace without being considerably in debt. On that grounds, they may want Palace but doesn't look like they could ever afford the club.

 


Red and Blue Army!

The Dolphin Flag 12 Feb 20 11.40am

Thanks for the info - interesting why they put it out there - want is very different to the ability to buy!
I want a Bugatti Veyron but the likelihood of me ever getting one is a different matter!

 

Rudi Hedman Flag Caterham 12 Feb 20 11.42am

One thing we don’t want and Parish wouldn’t do is sell us to someone financing it on debt. Not sure how that would Pano out if they bought the US owner shares and Delaware or everything apart from Parish’s 18% and whatever others of the original other 3 of 2010 still own, or if anyone would really want to buy us using debt, however,

there could be scope to do that if you actually did redevelop the stadium and sold it on as a tip top Prem club, because that is the only way you could make money out of Palace, not from annual sales and profit because we aren’t global or have any other notable revenue streams apart from Tv money, which immediately goes on player costs to stay in the division (the other corporate revenue and profit is where we need to get to but we aren’t carrying through the vanity project plans)

What would concern me regarding our longer term future is if we ever did get to the stage of being fully developed then the scope to sell on at a profit goes, and to an extent so does the financial security for potential owners or buyers, but I may never see that day in my lifetime with us playing in front of either the current wh lane end or arfur for decades to come so I shouldn’t worry about it. We’ll be playing hoverball in the sky in an overpopulated Britain living on mushrooms and insects by then probably.

Edited by Rudi Hedman (12 Feb 2020 1.18pm)

 


COYP

Ginger Pubic Wig Flag Wickham de L'Ouest 12 Feb 20 12.12pm

Palace could substantially benefit from being in a stable of clubs where the owners were all about knowing the global market for players.

 


If you want to live in a world full of kindness, respect and love, try to show these qualities.

Spiderman Flag Horsham 12 Feb 20 1.02pm

Originally posted by ASCPFC

I've just had a brief look into it. The Perth Glory thing will likely happen - still needs approval. However, LFE have a goal of reaching funding of 350 mil US dollars. They do not currently have anywhere near that. Regardless of anything else, they just wouldn't have the equity to buy Palace without being considerably in debt. On that grounds, they may want Palace but doesn't look like they could ever afford the club.

I know very little about financial matters but it does seem these are the sort of owners we do not want, unfortunately if they have the cash available the US owners will not worry. How much clout will SP have in the sale?

 

Badger11 Flag Beckenham 12 Feb 20 2.31pm

Originally posted by The Dolphin

Guys -- I haven't read this whole thread and don't shoot the messenger either but a mate who lives in Perth, Australia not Scotland, tells me that the news there is that LFE - London Football Exchange - want seven Clubs - Perth and Palace being two of them.
True - no idea at all but apparently on the TV there in the last 24 hours?

Owners with multiple club spell bad news for us fans. Club going bankrupt in Eastern Europe no problem just subsidise with Palace money.

The Charlton former owner had 4/5 clubs and Charlton fans had their suspicions as to where their money was going.

Many years ago before Bill Kenwright Everton had an owner who also owned Tranmere, Everton bought their goalkeeper for a world record fee at the time. Of course it had nothing to do with Tranmere on the verge of bankruptcy.

Even today there are rumours that the Arsenal owner is using club money to keep his American sports franchises going.

I really hope this doesn't happen.

 


One more point

eagleman13 Flag On The Road To Hell & Alicante 12 Feb 20 4.36pm

This smacks of a 'Goldberg' & deffo Jordan Disaster

 


This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise.

jeeagles Flag 12 Feb 20 4.48pm

Will we be renamed

Crystal Palace - a subsidiary of the LFE group.

 

joe_cpfc Flag Basingstoke 12 Feb 20 5.40pm

Originally posted by Badger11

Owners with multiple club spell bad news for us fans. Club going bankrupt in Eastern Europe no problem just subsidise with Palace money.

The Charlton former owner had 4/5 clubs and Charlton fans had their suspicions as to where their money was going.

Many years ago before Bill Kenwright Everton had an owner who also owned Tranmere, Everton bought their goalkeeper for a world record fee at the time. Of course it had nothing to do with Tranmere on the verge of bankruptcy.

Even today there are rumours that the Arsenal owner is using club money to keep his American sports franchises going.

I really hope this doesn't happen.

I wouldn't mind us being a Redbull club though

 

*jack* Flag Eastbourne 12 Feb 20 7.47pm

How much is the stadium worth as a redevelopment site for housing?

 

Rudi Hedman Flag Caterham 12 Feb 20 8.02pm

Originally posted by *jack*

How much is the stadium worth as a redevelopment site for housing?

We’d have to give Lloyds bank white a bit of ‘embarrassment’ money I think, agreed and signed on that historical day.

 


COYP

Tickled pink Flag Cornwall 13 Feb 20 12.10am

Originally posted by *jack*

How much is the stadium worth as a redevelopment site for housing?

If you dig down deep enough underneath the grass you will probably find enough bricks to build one whole house, that's got to be worth quite a bit.

 

jeeagles Flag 13 Feb 20 7.45am

Originally posted by Tickled pink

If you dig down deep enough underneath the grass you will probably find enough bricks to build one whole house, that's got to be worth quite a bit.

And a lot of contaminated land.

 

rossboss29 Flag Portsmouth 18 Apr 20 8.36pm

This post has been merged from a topic called 'Prospective new owners priced out' by bexleydave

[Link]

 

Page 23 of 25 < 19 20 21 22 23 24 25 >

You are here: Home > Message Board > Palace Talk > Takeover in weeks?