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May 29 2024 11.59am

Hodgson to stay

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View NEILLO's Profile NEILLO Flag Shoreham-by-Sea 21 Jun 23 6.16pm Send a Private Message to NEILLO Add NEILLO as a friend

Originally posted by Holton thunderbolt

As I have said before -the problem is not whether the “billionaire” Americans or any other exceptionally wealthy investors want to part with their money-the fact is that SP has a reported 20% shareholding and draws minimum £3.5million out each year. If the club wanted to build the stand/have a reasonable transfer budget it would cost SP 20% of the outlay-which he seems to have studiously avoided/probably can’t afford.

Major shareholders should be either like minded or at least have similar wealth to work together properly. We have a Mini mixed with Rolls Royces finance wise so big outlays ain’t going to happen until SP sells his shares.He has been brilliant at money making for himself-and keeping Palace up 10 years etc by spinning plates -but dont forget he chose and brought the Americans in ,and until they agree to invest without SP putting in his percentage there will be no big transfer budget or new stand.This is most unlikely however if they want a big return on their investment and no relegation they may have to-and its possibly not beyond SP’s financial skills to get them to do so!

I'm interested to hear where you got that £3.5m figure from.

It's 4 times the figure that I saw reported a few months ago.

SP continues to be the equivalent of a CEO with the agreement of the other shareholders. The alternative is to hire someone for that position. Brighton hired Paul Barber and are paying him over £2m which includes a performance related bonus.

 


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View doombear's Profile doombear Flag Too far from Selhurst Park 21 Jun 23 6.28pm Send a Private Message to doombear Add doombear as a friend

Originally posted by NEILLO

I'm interested to hear where you got that £3.5m figure from.

It's 4 times the figure that I saw reported a few months ago.

SP continues to be the equivalent of a CEO with the agreement of the other shareholders. The alternative is to hire someone for that position. Brighton hired Paul Barber and are paying him over £2m which includes a performance related bonus.


Also (and how true this is I don't know) Parish allegedly takes money out and then reinvests it (or most of it) in the club and gains some tax advantage from doing so.

Edited by doombear (21 Jun 2023 6.28pm)

 

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View NEILLO's Profile NEILLO Flag Shoreham-by-Sea 21 Jun 23 6.34pm Send a Private Message to NEILLO Add NEILLO as a friend

Originally posted by doombear


Also (and how true this is I don't know) Parish allegedly takes money out and then reinvests it (or most of it) in the club and gains some tax advantage from doing so.

Edited by doombear (21 Jun 2023 6.28pm)

Yes - any performance related bonuses are reinvested - into the Academy is my understanding

 


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View Putitout's Profile Putitout Flag Oxford 21 Jun 23 6.46pm Send a Private Message to Putitout Add Putitout as a friend

I can’t see why Parishes 20% if that’s what it is , should determine what he takes as a salary . CEO he has to run this ship, £2 million, £ 3.5 milllon Pa the guy is the boss everything lands at his door. The players expect millions for their bit, why on earth shouldn’t Parish? Whatever the figure as far as we know some of his players earn more than him
The fact is we can’t know for sure what Parish, gets and how it’s made up, whether it’s dividends or wages, but either way what CEO, boss pays his employees more than he gets, and then gets accused of creaming it off?

 

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View Midlands Eagle's Profile Midlands Eagle Flag 21 Jun 23 7.18pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by PJEagle


[Link]

I think things are becoming a tad clearer maybe? Or maybe not!

That article is a month old and is full of words like "possibly" and "maybe" so it's all just guesswork

 

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View Midlands Eagle's Profile Midlands Eagle Flag 21 Jun 23 7.21pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by doombear

Also (and how true this is I don't know) Parish allegedly takes money out and then reinvests it (or most of it) in the club and gains some tax advantage from doing so.

It is true as it's clearly stated in the company's accounts. If he or the club gain any tax advantage I have no idea what it is as my understanding is that the opposite is true and he re-invests the money after tax

 

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View martin2412's Profile martin2412 Flag Living The Dream 21 Jun 23 8.34pm Send a Private Message to martin2412 Add martin2412 as a friend

Originally posted by HKOwen

You sound like the non stop moaner our seats in the Arthur were next to, drove everyone around him nuts, now we're in the UH thank goodness.

If someone gave you some water you'd say it's too wet

I hope you're not near block M because there's a right tosser in there who shouts constant abuse at the players every game.

 

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SarfNorwoodAl Flag South Norwood 21 Jun 23 8.49pm

We should be aiming for what Brentford and Fulham done this season. The thing is they have young ambitious managers Silva and Frank. If we give Roy another year we cant plan for the future as we will be looking for another manager this time next year.

SP must appoint a younger manager and recruit well.

 

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View EagleAlan78's Profile EagleAlan78 Flag Southampton 21 Jun 23 9.45pm Send a Private Message to EagleAlan78 Add EagleAlan78 as a friend

Originally posted by martin2412

I hope you're not near block M because there's a right tosser in there who shouts constant abuse at the players every game.

Not me. That’s just not necessary unless there is an absolute reason.

 

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View EagleAlan78's Profile EagleAlan78 Flag Southampton 21 Jun 23 9.48pm Send a Private Message to EagleAlan78 Add EagleAlan78 as a friend

Originally posted by SarfNorwoodAl

We should be aiming for what Brentford and Fulham done this season. The thing is they have young ambitious managers Silva and Frank. If we give Roy another year we cant plan for the future as we will be looking for another manager this time next year.

SP must appoint a younger manager and recruit well.

That is partly the point I’m trying to make. We should have been doing that ages ago then competing like teams like West Ham. Yet we are always competing with the teams in the very bottom half. We wont do any of what you have said. Parish just wants safety and ticket money. Couldn’t give a f*** about progress. He will make excuses and justify it as his a great PR man. A real shame as we can compete in the top 8 and above if we put our minds to it and invested in it.

Edited by EagleAlan78 (21 Jun 2023 9.50pm)

Edited by EagleAlan78 (21 Jun 2023 9.51pm)

 

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SarfNorwoodAl Flag South Norwood 21 Jun 23 9.52pm

Totally agree Al well said my friend. If SP decides to give Roy another year I dont agree with it but I will of course give Roy my support and hope I am eating a large slice of humble pie!!

 

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View waterfordpal's Profile waterfordpal Flag 22 Jun 23 2.59pm Send a Private Message to waterfordpal Add waterfordpal as a friend

Forget all this ageism tripe. There is no better option out there, not Potter or Cooper or anyone who doesn’t have Prem experience. Roy should get a 2 year deal and €25m plus funds from sale of Mateta (maybe 10m) to sign a decent striker. If we keep Wilf plus all the top players that the media are suggesting are targets for other clubs, then we can finish 8th. By the way I don’t get peoples’s obsession with a new RB when Ward finished the season in great form and Richards could play there if we were stuck. I would imagine Roy is waiting to see our ambition before committing himself.

 

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