I don't suppose that many other clubs' chairmen would be invited onto HOL radio.

As mentioned quite a few times already SP loves the limelight and is often on national radio but whilst I'm sure that the hosts of most national radio stations would love to interview the chairman of Europe's worst performing football club he has become unusually reticent and will only appear on a friendly station with a relatively tiny audience

But he's correct, Palace are the worst performing club in Europe at the moment, a quick look through the other European league tables show that.

My point really is two fold:

Whatever the argument, SP took over at Palace mainly on emotional grounds without a lot of certainty he was going to retrieve his invested funds let alone make big profits. I do not think he was or is in it for the money, whether that is in salary or future profits on investment.
The second and more important one: you make it sound like it is common and common sense to work with no salary and income. Now I know of a few detailled arrangements in mid size companies either in the process of being taken over and after a take over and believe me: I have not seen one director on no or minmal income. Even more important: the money generating side of the business (lets face it, TV revenue by far the dictating one) is so volatile, unpredictable, dependent on results of the first team and the arrangements extremely short term that any planning really is difficult and predictions of the value of the company mid term even more so. Hence my remark regarding the comparison with "corporate" finance. Hence also my worries that we could be in danger if we were to go down, and at the very minimum will be writing off tens of millions on transfer fees of the likes of Benteke, Van Aanholt, Sakho and Schlupp .

Businesses in their infancy do have owners that do not pay themselves a salary. For readers who don't get this, watch Dragons Den. When asked they give salaries that cover living expenses or even just food.

We were in our infancy and even though we employed dozens of people, we were either making a loss or breaking even after selling the likes of Ambrose, Scannell, Clyne and then Zaha. It is not good business sense to use money to pay an owner when the aim is to grow a business. You're taking £650k out of transfer funds, when the manager demands it, and half of that goes to the taxman, when it wouldn't if you didn't pay the wage because there's no profit in the business. It's either running at a loss or break even.

Parish had just made millions, £40 mil was it, or was it £100, from selling TAG? How even more short term and self defeating for his CPFC project would paying himself be then?

Things change with £100mil extra revenue and just making others £150k better off per year x years.

Edited by Rudi Hedman (11 Oct 2017 9.54am)

COYP

Completely lost me.

When the business was in its infancy he didn't take a salary because it was making a loss or breaking even. Paying himself a salary would hold the business and club back. He didn't pay himself a salary to begin with in the prem. I don't know why. Maybe because before Pulis came in we looked odds on to go down and back to the same financial situation. The following season Pulis walked and we had Warnock and another slog. There was also the aim of saving so many millions for stadium development and his long term asset appreciation and profit. Paying himself a profit and tax dents that if you're expecting relegation very soon.

He's done nothing questionable in my view. If we're in a situation in x seasons time in the championship and his salary could be holding us back then maybe I would have. But above all of that he's not suitable to be running football matters. Anyone who thinks never having anything near a full squad training together pre season and the negligence of specialist positions being left to 31st August simply isn't. It was always going to relegate us at some point. I've been saying it every summer and this season it's happening. He's not a football man but an operations and cost saving director.

Edited by Rudi Hedman (12 Oct 2017 11.21am)

COYP