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June 19 2019 6.23pm

CPFC 2010 Accounts Overdue

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View JoeViper's Profile JoeViper Flag bromley 09 Apr 19 9.19am Send a Private Message to JoeViper Add JoeViper as a friend

With accounts like these is Parish being very greedy and unrealistic taking the huge salary he gets?

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 09 Apr 19 9.30am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by JoeViper

With accounts like these is Parish being very greedy and unrealistic taking the huge salary he gets?

What is this ‘huge salary’ please?

 


COYP

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View JoeViper's Profile JoeViper Flag bromley 09 Apr 19 9.51am Send a Private Message to JoeViper Add JoeViper as a friend

Has anyone else read the price of football review and done the first letter thing on each sentence? What it spells out surely can't be a coincidence can it? remarkable if it is.

 

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View laddo's Profile laddo Flag london 09 Apr 19 9.52am Send a Private Message to laddo Add laddo as a friend

Depressing accounts quite frankly.

 


laddo

"People say, live fast, die young. I say live fast, die old. That's me, the non-conformist".
David Brent.

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View JoeViper's Profile JoeViper Flag bromley 09 Apr 19 9.57am Send a Private Message to JoeViper Add JoeViper as a friend

Originally posted by Rudi Hedman

What is this ‘huge salary’ please?

'£1.775m' for that accounting period and '£2.44m' for the previous one.

Edited by JoeViper (09 Apr 2019 10.03am)

 

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View Midlands Eagle's Profile Midlands Eagle Flag 09 Apr 19 10.18am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by JoeViper

With accounts like these is Parish being very greedy and unrealistic taking the huge salary he gets?

His salary is a bit of an oddity as he takes a large salary but puts it back into the company which I find rather silly as he will pay a huge amount of income tax on a salary that he hasn't drawn whereas it would have been more cost effective to just not draw the salary in the first place.

I'm guessing that he does this rather than dig deep into his pockets to match the investment by the Americans.

The interesting thing is that his large remuneration is listed in the accounts as a bonus. I wonder what that bonus is for? It can't be for keeping us in the Premiership as Roy did that and it can't be for making profits as the company made a huge loss

 

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View chris123's Profile chris123 Flag hove actually 09 Apr 19 10.21am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by Rudi Hedman

What is this ‘huge salary’ please?

Not reported as far as I know and his bonus was reinvested in the club.

 

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View JoeViper's Profile JoeViper Flag bromley 09 Apr 19 10.38am Send a Private Message to JoeViper Add JoeViper as a friend

The price of football list the figures as the highest paid director.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 09 Apr 19 10.42am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Midlands Eagle

His salary is a bit of an oddity as he takes a large salary but puts it back into the company which I find rather silly as he will pay a huge amount of income tax on a salary that he hasn't drawn whereas it would have been more cost effective to just not draw the salary in the first place.

I'm guessing that he does this rather than dig deep into his pockets to match the investment by the Americans.

The interesting thing is that his large remuneration is listed in the accounts as a bonus. I wonder what that bonus is for? It can't be for keeping us in the Premiership as Roy did that and it can't be for making profits as the company made a huge loss

It’s for having tighter suit trousers than teenagers in skinny jeans at Palace. It’s quite an achievement. Seriously, it’s tor the number of media appearances. Vital for us.

 


COYP

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View Silverfox50's Profile Silverfox50 Flag Thornton-Cleveleys 09 Apr 19 10.43am Send a Private Message to Silverfox50 Add Silverfox50 as a friend

Originally posted by bexleydave

The annual Brighton analysis of our accounts:

[Link]

Take the first letter of each sentence and see what it spells out (I'll provide the answer later if necessary).

Very good, well it made me laugh anyway

 

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View thai-eagle's Profile thai-eagle Flag chiang mai 11 Apr 19 5.16am Send a Private Message to thai-eagle Add thai-eagle as a friend

Me a bit shocked really! Living in the promised land of PL and such a Heavy debt.

Is it the end if we get relegated? Thinking of Benteke that has cost us around 40 mill. and gives almost zero in Return. Get rid of and start upgrading Our academy players - give one or two game time.

They are the future. Throw them in deep water - lift the fans and saving money for a more healthy account.

 

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View bexleydave's Profile bexleydave Flag Barnehurst 11 Apr 19 8.45am Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Originally posted by thai-eagle

Me a bit shocked really! Living in the promised land of PL and such a Heavy debt.

Is it the end if we get relegated? Thinking of Benteke that has cost us around 40 mill. and gives almost zero in Return. Get rid of and start upgrading Our academy players - give one or two game time.

They are the future. Throw them in deep water - lift the fans and saving money for a more healthy account.


It rather depends on what you mean by "the end". It will be the end of any ground and training facilities improvements. It'll be the end of seeing a couple of the academy products that you're so keen on (Zaha and AWB) playing for Palace. It'll be the end of any major investment in the club and most likely the departure of the US 'investors', who will have been sharing the cost of our loses. It may even mean the departure of Parish, if the club can find a viable buyer. And we'll have nothing to show for our longest ever stay in the PL.

We won't be able to turn off our massive outgoings like a tap if we're relegated. Those players who are readily saleable won't achieve their true value in a fire sale and we have plenty of others who are costing us dearly, but will be difficult to shift. We all know, from past experience, that when we drop a division 10k+ 'loyal' supporters disappear as will generous sponsors, so our income will drop dramatically, not withstanding parachute payments.

If we are ever going to progress as a club we need to stay in the PL and start improving the infrastructure. We need owners who are able and prepared to invest up front in this, with an eye to the long-term and not to make a quick buck. I hate to say it, but what we need is to find a Palace-loving equivalent of Tony Bloom

 


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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