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March 20 2019 11.20pm

Palace Up For Sale

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View dreamwaverider's Profile dreamwaverider Flag Chelsea 09 Mar 19 8.06am Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Where we are today we are touching top global levels of team soccer.
We have got a fantastic young squad that badly needs securing and adding a couple or three faces to.
Our home although enjoying a fantastic atmosphere is not fit for purpose. Look at the new Tottenham ground to see where the future lies.
The only way CP will sell is to a seriously ambitious investor who wants to create something very special. A stones throw away is a delapidated gold mine with the same name as our club.
With deep pockets, there are more than a few investors who would be excited by something this huge.
An unbelievable new Crystal Palace. An unbelievable modern day stadium, incorporating a top premier club, hotel, shopping centre, great train links to Gatwick and central london. Masses of parking
The opportunity is off the scale. For the right investors with a couple of billion at their disposal we will be on for a dreamy future.

 

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View ex hibitionist's Profile ex hibitionist Flag Hastings 09 Mar 19 8.11am Send a Private Message to ex hibitionist Add ex hibitionist as a friend

same old Palace, once we get close to making the step up we get a nosebleed - with the stadium as it is we will only tread water in the medium term, squad's in good shape now but we won't hang on to this team and we may yo yo again or relegation might put us in Charlton territory, most of the clubs of our size have had their days in the sun, Pompey, Charlton, Ipswich, QPR, a sustained run of being a genuinely top side seems to be beyond this club, if we don't choose to grow we will shrink, upgrading the ground would not be a white elephant though if the debts incurred do present a risk

 

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Yellow Card - User has been warned of conduct on the messageboards View ChrisGC's Profile ChrisGC Flag Wantage 09 Mar 19 8.57am Send a Private Message to ChrisGC Add ChrisGC as a friend

People actually thinking the New stand would be built, lol.

 

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View HKOwen's Profile HKOwen Flag Hong Kong 09 Mar 19 9.06am Send a Private Message to HKOwen Add HKOwen as a friend

[Link]


make your own minds up but what we have seems quite different to the vision, I can't see any improvement in the ground at all, none.

Don't blame investors making profit and exiting but let's not dress it up as something else.

SP talked before about having a responsibility for the stewardship of the club and would only ever sell to people who he considered to be the right kind blah blah blah

 

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View martin2412's Profile martin2412 Flag The Big Wide World 09 Mar 19 9.21am Send a Private Message to martin2412 Add martin2412 as a friend

Originally posted by ChrisGC

People actually thinking the New stand would be built, lol.

This. I can't believe people still fall for the bulls hit.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 09 Mar 19 9.24am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by HKOwen

[Link]


make your own minds up

That article was four years old

The American article that I read said that the Americans wanted to sell their stake which if true probably won't be that easy to do.

Most billionaires that want a Premiership football club want all of it not just a significant stake which means that Parish has to be willing to sell his stake too and I'm not too sure that he is despite his original protestations that he was an unwilling purchasor

 

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View mileend's Profile mileend Flag East London 09 Mar 19 9.30am Send a Private Message to mileend Add mileend as a friend

I don't think think it's realistic to expect the Americans to have too much interest in the Stewardship and long term interests of the club of the future buyer.

They want to cash out. The big valuations on Wilf and Aaron will mean they should make a big profit on their 'investment' - though I think they have had their loans repaid so I am not really sure they have sunk any money into the club.

Makes it clear why the ground has been put on hold and transfer activity reduced to almost zero. Will get the accounts looking in much better shape when they come out at the end of the month (maybe!)

After a struggle it looks like the club will be in quite good shape this summer. I suppose the question future investors will ask them is 'if it is going ok then why are you selling?'

I wonder if the answer is that English football is not what they thought but actually if it was because of their relationship with Parish was troubled and there was a conflict on the future of the club.

Perhaps because SP was protecting the interests of the supporters? Likely we will never know for sure

Fingers crossed we get a good buyer who wants success and not an asset stripper.

 

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View G O Eagle's Profile G O Eagle Flag 09 Mar 19 9.47am Send a Private Message to G O Eagle Add G O Eagle as a friend

Calm down, guys.

According to Bloomberg yesterday, Harris and Blitzer are looking to sell the club.

But as the Americans owns somewhat less than 50% of the shares - Parish and his three 2010 mates still have more than 60% - the Americans cannot sell the club.

What they can - and may - do is to sell their shares.

Bloomberg is a business version of Daily Mail - not worth spending a sec on.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 09 Mar 19 9.52am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by mileend

I don't think think it's realistic to expect the Americans to have too much interest in the Stewardship and long term interests of the club of the future buyer.

They want to cash out. The big valuations on Wilf and Aaron will mean they should make a big profit on their 'investment' - though I think they have had their loans repaid so I am not really sure they have sunk any money into the club.

Makes it clear why the ground has been put on hold and transfer activity reduced to almost zero. Will get the accounts looking in much better shape when they come out at the end of the month (maybe!)

After a struggle it looks like the club will be in quite good shape this summer. I suppose the question future investors will ask them is 'if it is going ok then why are you selling?'

I wonder if the answer is that English football is not what they thought but actually if it was because of their relationship with Parish was troubled and there was a conflict on the future of the club.

Perhaps because SP was protecting the interests of the supporters? Likely we will never know for sure

Fingers crossed we get a good buyer who wants success and not an asset stripper.

That would be a very bad thing for us. Iím not sure if theyíre allowed to do that anyway, unless itís agreed by all shareholders and 2010 have a veto anyway. Theyíll be selling their shares, not dictating the decisions within the club, thank god. Maybe not being able to decide de when they cash in is part of why they want out but not the main reason.

 


COYP

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 09 Mar 19 9.53am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by G O Eagle

Calm down, guys.

According to Bloomberg yesterday, Harris and Blitzer are looking to sell the club.

But as the Americans owns somewhat less than 50% of the shares - Parish and his three 2010 mates still have more than 60% - the Americans cannot sell the club.

What they can - and may - do is to sell their shares.

Bloomberg is a business version of Daily Mail - not worth spending a sec on.

Parish etc donít own more than the Americans, but youíre right on it being a sale of their shares, not THE CLUB.

Anyone got the shareholder percentages?

 


COYP

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View G O Eagle's Profile G O Eagle Flag 09 Mar 19 9.54am Send a Private Message to G O Eagle Add G O Eagle as a friend

Financial Times has gos it correct:

"US financiers consider selling stake in Crystal Palace football club"

 

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View Midlands Eagle's Profile Midlands Eagle Flag 09 Mar 19 10.01am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Rudi Hedman


Anyone got the shareholder percentages?

No because the ultimate holding company is in Delaware where secrecy rules

 

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