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August 1 2021 8.08am

CPFC 2010 Accounts Overdue

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View nead1's Profile nead1 Flag 29 May 20 1.36pm Send a Private Message to nead1 Add nead1 as a friend

One aspect of the Swiss Ramble analysis that surprised me was the comment that Palace had spent 19m on player purchases - mainly Kouyate who I believe cost c9.5m. They further comment that Meyer, Guaita and Sako (6 month deal) being free. Hence, presumably they are adding in signing on fees/agents which might make it close to the 19m they state.
They also mention Palace have spent 239m over 5 years - 48m per season- which again seems a high estimate if it basically covers the Pardew era, Allardyce and Hodgson. Maybe signing on fees/agents brings it closer to their estimate? I guess it also shows that so called "free transfers" are actually anything but that!
They have also not netted off outgoings - McCarthy, Mandanda, Gayle, Bolassie and Wan B being the main ones who attracted fees if I recall - close to 100m I would have thought. So, if you net those off, the spending is closer to 28m per season and much more sustainable for a club of Palace's size.

 

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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 29 May 20 2.41pm Send a Private Message to ASCPFC Add ASCPFC as a friend

We're always last.

 


I used to put the manager's name in front of Red and Blue but got fed up with changing it. If someone cool becomes our manager then maybe..

Red and Blue Army!

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View bexleydave's Profile bexleydave Flag Barnehurst 01 Jun 20 8.47am Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Just three new pages on here on the latest accounts and already up to nine on NSC. They really are peculiarly obsessed with our finances whilst ignoring the fact that were it not for their Penguin sugar daddy, waddling carefully around FFP rules (like Cummings treats lockdown rules), they would never have afforded even a receptacle to micturate in.

 


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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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 01 Jun 20 10.29am Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by bexleydave

Just three new pages on here on the latest accounts and already up to nine on NSC. They really are peculiarly obsessed with our finances whilst ignoring the fact that were it not for their Penguin sugar daddy, waddling carefully around FFP rules (like Cummings treats lockdown rules), they would never have afforded even a receptacle to micturate in.

Did you ask them how much parachute payments are these days?

 


I used to put the manager's name in front of Red and Blue but got fed up with changing it. If someone cool becomes our manager then maybe..

Red and Blue Army!

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View bexleydave's Profile bexleydave Flag Barnehurst 01 Jun 20 11.42am Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Originally posted by ASCPFC

Did you ask them how much parachute payments are these days?

I don't subscribe to or, therefore, post on NSC, or indeed any other team's sites. I don't understand why anyone does that. I'm just an occasional reader of NSC for my own amusement and, trust me, they're seriously worried about relegation, especially in light of their next three games.

 


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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View Badger11's Profile Badger11 Flag Beckenham 01 Jun 20 12.48pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by bexleydave

I don't subscribe to or, therefore, post on NSC, or indeed any other team's sites. I don't understand why anyone does that. I'm just an occasional reader of NSC for my own amusement and, trust me, they're seriously worried about relegation, especially in light of their next three games.

I thought they liked going down?

 


One more point

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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 02 Jun 20 2.22pm Send a Private Message to ASCPFC Add ASCPFC as a friend

A piece on our finances:

[Link]

 


I used to put the manager's name in front of Red and Blue but got fed up with changing it. If someone cool becomes our manager then maybe..

Red and Blue Army!

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View leejaneagles's Profile leejaneagles Flag 02 Jun 20 3.12pm Send a Private Message to leejaneagles Add leejaneagles as a friend

Originally posted by ASCPFC

A piece on our finances:

[Link]

This makes for depressing reading. We aren't generating our own profit ourselves, relying mostly on Premier League Broadcasting revenue and the sales of our best players to scratch the tinest profit margins.

To me, those 2 revenue streams definitely DO NOT go hand-in-hand. If we didn't sell Wan-Bissaka, we'd be operating a loss and that finally explains why we didn't replace him.

By a minor miracle, Roy has steered us clear of a relegation battle this season where I'd say the majority of Manager's would have had us flirting with relegation.

We will make a loss again next season unless we sell Wilf Zaha. We cannot replace him if we want to make a profit. That will leave us without our best attacker and best right-back/player from the previous season.

CPFC2010 might be okay with that but they must really have their heads in the sand if they think that also equals retaining Premier League status. We'd get relegated and lose 80% of our revenue, meaning the sales of Wan-Bisakka and Zaha were pointless.

Surely they have to see that investing in the squad and operating at a loss is still financially better than selling the best players and getting relegated.

We can only push on and make more money through marketting, European Football, creating new Palace fans by playing a better more exciting style of football. Otherwise it will always rely on player-sales and a 70+ Year Old Manager performing 'boring' miracles each season. Unsustainable.

 

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View chris123's Profile chris123 Flag hove actually 01 Jul 21 9.06am Send a Private Message to chris123 Add chris123 as a friend

Year ended 31 July 2020 were due yesterday I think.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 01 Jul 21 9.55am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by chris123

Year ended 31 July 2020 were due yesterday I think.

Ran out of Tipp-Ex?

 


COYP

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View Midlands Eagle's Profile Midlands Eagle Flag 01 Jul 21 9.57am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by chris123

Year ended 31 July 2020 were due yesterday I think.

They are hardly difficult to prepare as the most difficult part to prepare and audit must be the matchday income which will mostly be cash and also will be zero for the year under review.

Why are the club always late?

 

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View palace99's Profile palace99 Flag New Mills 01 Jul 21 11.09am Send a Private Message to palace99 Add palace99 as a friend

Originally posted by Midlands Eagle

They are hardly difficult to prepare as the most difficult part to prepare and audit must be the matchday income which will mostly be cash and also will be zero for the year under review.

Why are the club always late?

if you are looking at companies house they often take a week or so to update. So accounts could have been submitted on time but website has yet to upload documents.
Have a look this time next week

 

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