Crystal Palace Ownership Details - Reality bites.
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 Kermit8  Hevon 06 Jan 17 11.48am |
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"Ownership of details of the Palace Holdco now up at companies house. Figures being rounded roughly show Steve P - 18% The relevance of Delaware is that that is where the trail ends as Delaware allows companies not to have to provide the names of any of their owners - something which makes it very popular for registering companies. Therefore there are no details as to who owns shares in either of the 2 Delaware companies. The only thing of note is that Parallel was formed only in June this year and some shares were transferred to it from Holdco - so presumably a reorganisation of the US owners. I think it is fair to call the US names the owners from now on."
Edited by Kermit8 (06 Jan 2017 11.48am)
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Beastie  06 Jan 17 11.56am |
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Maybe Pardew really was referring to unknown small investors who don’t know anything about football!
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| Kermit8 Hevon 06 Jan 17 11.59am |
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Originally posted by Beastie
Maybe Pardew really was referring to unknown small investors who don’t know anything about football!
I had no idea 75% of the club was owned by others now away from the original four. And for £50million, wasn't it? Where's a 'not like' button when you need it?
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| bubble wrap Carparks in South East London 06 Jan 17 11.59am |
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I thought SP retained 52% of the shares.
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| Kermit8 Hevon 06 Jan 17 12.07pm |
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Originally posted by bubble wrap
I thought SP retained 52% of the shares. Think we can have a decent guesstimate: 25% each originally and £50mill coming in. SB is down to 5% so his 20% sold would be 4/5ths of £12.5mill. That's £10million.
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| The Dolphin 06 Jan 17 12.10pm |
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SP may well be a shareholder in Palace Holdco LP?
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| babylonjohn St Leonards-on-Sea 06 Jan 17 12.17pm |
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Originally posted by The Dolphin
SP may well be a shareholder in Palace Holdco LP? I hope so. I too was under the impression that Parish and co were still majority shareholders.
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| We are goin up! Coulsdon 06 Jan 17 12.22pm |
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Is this even slightly surprising? Surely it's obvious that SP is a part of the holding companies? They're based in Delaware so their share splits don't need to be disclosed. Did people honestly think that the Americans would provide significant investment (to a level that CPFC2010 couldn't match) but not ask for a chunky size of the company in return?
The problem with socialism is that you eventually run out of other people's money. |
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| Kermit8 Hevon 06 Jan 17 12.26pm |
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Originally posted by The Dolphin
SP may well be a shareholder in Palace Holdco LP?
As it stands, unless anyone knows different, we don't know who owns 33.5% of Palace but they are registered in the US; Harris and Blitzer have 36% in total and the original 4 30.5% Edited by Kermit8 (06 Jan 2017 12.27pm)
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| Kermit8 Hevon 06 Jan 17 12.29pm |
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Originally posted by We are goin up!
Is this even slightly surprising? Surely it's obvious that SP is a part of the holding companies? They're based in Delaware so their share splits don't need to be disclosed. Did people honestly think that the Americans would provide significant investment (to a level that CPFC2010 couldn't match) but not ask for a chunky size of the company in return? You'd hope so. Any idea as to why then he decreased his 25% to 18%? I am no economics guru.
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| Rudi Hedman Caterham 06 Jan 17 1.42pm |
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Parish and others must be in Holdco or Pardew would've been sacked the morning after Southampton. That Browett £10mil is a sh1 deal so I doubt he sold for that. I'm on phone and limited for time so maybe I haven't got that right.
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| bexleydave Barnehurst 06 Jan 17 1.47pm |
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The slight frustration is that we used to know exactly who owned what and now we don't. We've gone from being a club owned by four supporters to one partly (or maybe largely) owned by a mystery foreign consortium. All the time SP is CEO I doubt we have too much to worry about though.
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) |
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