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CPFC 2010 Accounts Overdue

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DutchEagleJohan Flag Vlissingen, Netherlands 21 Jun 18 12.31pm Send a Private Message to DutchEagleJohan Add DutchEagleJohan as a friend

Who is that 42 a year subscription with Rudi?
I would be happy to pay that for a reliable stream provider, legal or illegal. The constant searching and trying during games is not adding to any pleasure watching games.
Fairly decent coverage here in Holland for the PL. More availability and far cheaper then in the UK.

Originally posted by Rudi Hedman

Is IPTV available on just normal smart tv?

A lot of the football I watch is Palace away games on a paid for £42 a year quality picture on a widescreen laptop. Not too good via my Firestick but that may be my bt homehub and distance from the Firestick. I watch more games but not constantly so full tv subscriptions are not worth the money to me.


 

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Rudi Hedman Flag Caterham 21 Jun 18 12.53pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by DutchEagleJohan

Who is that 42 a year subscription with Rudi?
I would be happy to pay that for a reliable stream provider, legal or illegal. The constant searching and trying during games is not adding to any pleasure watching games.
Fairly decent coverage here in Holland for the PL. More availability and far cheaper then in the UK.


PM sent.

 


COYP

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Mstrobez Flag 21 Jun 18 2.41pm Send a Private Message to Mstrobez Add Mstrobez as a friend

Originally posted by Rudi Hedman

Is IPTV available on just normal smart tv?

A lot of the football I watch is Palace away games on a paid for £42 a year quality picture on a widescreen laptop. Not too good via my Firestick but that may be my bt homehub and distance from the Firestick. I watch more games but not constantly so full tv subscriptions are not worth the money to me.

Tbh Rudi I just hook my laptop up with a high speed HDMI cable and it does the job perfectly. Can’t remember seeing a smart tv option on mine, just firestick and the like.

 


We're the Arthur over ere!

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Brentmiester_General Flag Front line in the battle against t... 21 Jun 18 4.03pm

Originally posted by Rudi Hedman

PM sent.

Can you pm me please Rudi. I’ve downloaded the app onto my tv but haven’t got the content.

 


"We love you Palace, we f@cking hate Man U, We love you Palace, we hate the brighton too, We love you Palace we play in red 'n' blue, so f@ck you, and you ...

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DutchEagleJohan Flag Vlissingen, Netherlands 21 Jun 18 10.35pm Send a Private Message to DutchEagleJohan Add DutchEagleJohan as a friend

And duly received, cheers.

Originally posted by Rudi Hedman

PM sent.

 

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HeathMan Flag Purley 21 Jun 18 10.43pm Send a Private Message to HeathMan Holmesdale Online Elite Member Add HeathMan as a friend

Noting that there were many good neighbour extras in the planning application, I personally would have delayed submitting accounts - if only to discourage - we are too poor to pay for lots and lots of extras - additional costs that others should be paying, until a reasonable time after planning permission was received. COYP. The fact that all our pre-season games are away (as is the Fulham game indicates a struggle to get Selhurst Park ready for the new season. SP is a master at negotiation - although sometimes felt too slow when he is bring players to Palace. COYP.

 

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bexleydave Flag Barnehurst 22 Jun 18 5.07am Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Originally posted by HeathMan

Noting that there were many good neighbour extras in the planning application, I personally would have delayed submitting accounts - if only to discourage - we are too poor to pay for lots and lots of extras - additional costs that others should be paying, until a reasonable time after planning permission was received. COYP. The fact that all our pre-season games are away (as is the Fulham game indicates a struggle to get Selhurst Park ready for the new season. SP is a master at negotiation - although sometimes felt too slow when he is bring players to Palace. COYP.

You don't actually believe any of that do you?

The accounts that closed over a year ago have nothing whatsoever to with building works that don't start 'til the end of next season. We are committed to meet the infrastructure and other collateral costs that were part of our application being agreed. Who should be paying then? The council tax payers of Croydon? We've chosen to build a massive new stand and we either have the money to do that and all that it involves or we don't; your not suggesting that we now start playing the hard-up card are you?

 


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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Midlands Eagle Flag 22 Jun 18 5.58am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by HeathMan

SP is a master at negotiation

 

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bexleydave Flag Barnehurst 22 Jun 18 6.14am Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend


Yeah, like Mike Brewer (Wheeler Dealers) is a "master of negotiation"

[Link]

Edited by bexleydave (22 Jun 2018 6.18am)

 


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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Midlands Eagle Flag 26 Jun 18 1.40pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Interesting article in a paper / blog that I've never heard of where they claim that the delay in issuing the accounts was put down to changes in the way its accountants wanted to show internal, inter-company loans.

If true I'm guessing that the auditors got their own way otherwise they wouldn't have signed off the accounts but I'm interested to know what version one was.

I believe that there was a mistake in the analysis in the bit covering Parish's salary where they state:-

The accounts do not reveal the name of the club’s highest paid director – it is assumed to be Parish – but it does show that they were paid £2,150,000, which is the fourth highest director remuneration in English football. Only Tottenham, Arsenal and Manchester United pay any of their directors more.

Palace’s unnamed director also qualified for a contractual bonus in this financial year, though this amount was waived and reinvested in the club.

I haven't rechecked the accounts but I'm sure that the £2.15m was the total fees / salary voted to Parish and I'm sure that this excessive amount which was subsequently ploughed back into the club was down to an accounting exercise rather than a lining of the back pocket.

The article is here [Link]

 

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Ginger Pubic Wig Flag Wickham de L'Ouest 26 Jun 18 3.09pm Send a Private Message to Ginger Pubic Wig Add Ginger Pubic Wig as a friend

Originally posted by Midlands Eagle

Interesting article in a paper / blog that I've never heard of where they claim that the delay in issuing the accounts was put down to changes in the way its accountants wanted to show internal, inter-company loans.

If true I'm guessing that the auditors got their own way otherwise they wouldn't have signed off the accounts but I'm interested to know what version one was.

I believe that there was a mistake in the analysis in the bit covering Parish's salary where they state:-

The accounts do not reveal the name of the club’s highest paid director – it is assumed to be Parish – but it does show that they were paid £2,150,000, which is the fourth highest director remuneration in English football. Only Tottenham, Arsenal and Manchester United pay any of their directors more.

Palace’s unnamed director also qualified for a contractual bonus in this financial year, though this amount was waived and reinvested in the club.

I haven't rechecked the accounts but I'm sure that the £2.15m was the total fees / salary voted to Parish and I'm sure that this excessive amount which was subsequently ploughed back into the club was down to an accounting exercise rather than a lining of the back pocket.

The article is here [Link]


I feel you're giving that article too much credibility. Who're inside croydon to get the inside track on why there was the delay, and why do they just state it as an aside like this when it's a nice little scooplet? My view is that the issue was due diligence that the 3m retained deposit was a genuine third-party transaction but -- i suspect like inside croydon -- i have no inside track on that. it's just the most likely scenario my small brain can think of.

 


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

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Midlands Eagle Flag 26 Jun 18 3.27pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Ginger Pubic Wig

My view is that the issue was due diligence that the 3m retained deposit was a genuine third-party transaction but -- i suspect like inside croydon -- i have no inside track on that. it's just the most likely scenario my small brain can think of.

I'm not so sure as that is the sort of thing that is normally sorted out with a meeting lasting no more than one hour.

The two options for treatment are 1) taking it into income which increases profits and 2) putting it in creditors as an item that is possibly to be paid back, which wouldn't affect profits.

Without any inside knowledge whatsoever I do think that intercompany transactions are more likely to be at the root of the delay otherwise why have such a convoluted shareholding structure

 

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