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November 19 2019 2.45am

Are we in financial trouble

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View Midlands Eagle's Profile Midlands Eagle Flag 04 Feb 19 8.39am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Mwncisee

I seem to remember one of the major things SP said when he took over Palace is that he would make sure we lived within our means and not `gamble` with the clubs future as others have done before him, something that seemed core to him at the time and ive seen nothing really that seems to contradict that.

The other thing that he said was that he was an unwilling custodian of the club and would sell it on if someone suitable appeared.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 04 Feb 19 8.41am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Karlosfandango

How Bournemouth continue to spend as they do is beyond me. Even with TV money, with their gates it just can't be sustainable.

It is sustainable as long as the owner is willing to pump money into the club and if they breach FFP rules they just pay the fines which are smaller than the loss of revenue from relegation

 

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View Willo's Profile Willo Flag South coast - west of Brighton. 04 Feb 19 8.58am Send a Private Message to Willo Add Willo as a friend

Originally posted by Midlands Eagle

The other thing that he said was that he was an unwilling custodian of the club and would sell it on if someone suitable appeared.

So far as I understand it, Parish is not the majority shareholder or indeed a 100% shareholder whereby he can make such decisions in relation to selling the club on.His shareholding is 18% - he could of course sell these shares and depart.

 

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View topcat's Profile topcat Flag Holmesdale / Surbiton 04 Feb 19 10.19am Send a Private Message to topcat Add topcat as a friend

Originally posted by bexleydave

We're losing 500k a week according to the moronic account lecturer from Brighton/Liverpool:

[Link]

It's vital that we take on board what our friends on the south coast have to say. They have been living within their means for years now. Except for the third of a billion pounds that their owner has put in, obviously.

 


It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark... and we're wearing sunglasses.

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View Midlands Eagle's Profile Midlands Eagle Flag 04 Feb 19 10.22am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Willo

So far as I understand it, Parish is not the majority shareholder or indeed a 100% shareholder whereby he can make such decisions in relation to selling the club on.His shareholding is 18% - he could of course sell these shares and depart.

The point that I was making was that this was a statement that he made when he took over the club and he and his cohorts could have sold out to a suitable buyer instead of selling a minority of the shares to the Americans thus remaining in day to day control of a company that he said he didn't want to do.

 

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View bexleydave's Profile bexleydave Flag Barnehurst 04 Feb 19 10.25am Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Originally posted by topcat

It's vital that we take on board what our friends on the south coast have to say. They have been living within their means for years now. Except for the third of a billion pounds that their owner has put in, obviously.


Brighton...doing it the right way! The irony isn't lost on many outside of the BN postcode area.

 


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 Bangell's Profile Bangell Flag Oxford 04 Feb 19 10.25am Send a Private Message to Bangell Add Bangell as a friend

Originally posted by topcat

It's vital that we take on board what our friends on the south coast have to say. They have been living within their means for years now. Except for the third of a billion pounds that their owner has put in, obviously.

Their obsession with out attendance figures appears to have shifted to an obsession with our finances? It always was a unique rivalry, I suppose

 

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View Willo's Profile Willo Flag South coast - west of Brighton. 04 Feb 19 10.30am Send a Private Message to Willo Add Willo as a friend

Originally posted by Midlands Eagle


The point that I was making was that this was a statement that he made when he took over the club and he and his cohorts could have sold out to a suitable buyer instead of selling a minority of the shares to the Americans thus remaining in day to day control of a company that he said he didn't want to do.

I see the point you are making.

Rightly or wrongly I don't get the impression that Parish is a reluctant day-to-day controller who has an over-riding desire to relinquish his reponsibilities ! Quite the oppposite, with Parish delighted to be in the limelight and increasing his profile ! But of course I might be totally wrong.

 

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View chris123's Profile chris123 Flag hove actually 04 Feb 19 10.31am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by Midlands Eagle

It is sustainable as long as the owner is willing to pump money into the club and if they breach FFP rules they just pay the fines which are smaller than the loss of revenue from relegation

There's points deduction too now isn't there?

 

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View topcat's Profile topcat Flag Holmesdale / Surbiton 04 Feb 19 11.48am Send a Private Message to topcat Add topcat as a friend

Originally posted by chris123

There's points deduction too now isn't there?

I don't think so, I think it's just a fine.

A points deduction would be a much better idea but probably far too late by the time accounts are seen.

 


It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark... and we're wearing sunglasses.

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View Midlands Eagle's Profile Midlands Eagle Flag 04 Feb 19 11.51am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Willo

I see the point you are making.

Rightly or wrongly I don't get the impression that Parish is a reluctant day-to-day controller who has an over-riding desire to relinquish his reponsibilities ! Quite the oppposite, with Parish delighted to be in the limelight and increasing his profile ! But of course I might be totally wrong.

Somehow I don't think that you are

Peter Crouch was once asked what he would have been if he wasn't a footballer and he replied "a 40 year old virgin" and along similar lines I wonder whether Steve Parish would have been dating celebrity girlfriends if he wasn't the high profile chairman of a Premiership footie club

 

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View Willo's Profile Willo Flag South coast - west of Brighton. 04 Feb 19 11.55am Send a Private Message to Willo Add Willo as a friend

Originally posted by Midlands Eagle

Somehow I don't think that you are

Peter Crouch was once asked what he would have been if he wasn't a footballer and he replied "a 40 year old virgin" and along similar lines I wonder whether Steve Parish would have been dating celebrity girlfriends if he wasn't the high profile chairman of a Premiership footie club

How did I manage it ? !!!!

 

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