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March 22 2019 10.05am

Palace Up For Sale

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View Brinscall Eagle's Profile Brinscall Eagle Flag Brinscall Lancashire/ Villamartin ... 09 Mar 19 10.01am Send a Private Message to Brinscall Eagle Holmesdale Online Elite Member Add Brinscall Eagle as a friend

I am surprised that the BBC have not yet reported it and put the blame on Brexit !

 

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View CB's Profile CB Flag 09 Mar 19 10.21am Send a Private Message to CB Add CB as a friend

Call me naive but I would not be co completely happy with any old random rich person. It might be sad but I'm proud we were saved by fans and they had the connection to the club (local done good), the Americans are meh, but if it was say a corrupt russian or someone I'm not interested. Everything city have achieved is off the back of essentially random chance (like winning the lottery) and funded extremely dodgily. I can't see palace suddenly transforming into champions league winners as doing anything other than change the club from what it is. Get there with graft and care if you can but I'm not after winning the PL off the back of a s u g er daddy cos it is fundamentally a rigged game now.

Edited by CB (09 Mar 2019 10.22am)

 

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View Stirlingsays's Profile Stirlingsays Online Flag Wisbech, England 09 Mar 19 10.37am Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by Melbeagle

Didn't realise you noticed how much weight I had put on.

I think of little else.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 09 Mar 19 10.44am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by CB

I'm not after winning the PL off the back of a suger daddy cos it is fundamentally a rigged game now.

I don't mind as long term it's either a rich sugar daddy or the Championship and I prefer the former

 

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View mileend's Profile mileend Flag East London 09 Mar 19 11.12am Send a Private Message to mileend Add mileend as a friend

Originally posted by Rudi Hedman

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.

agreed it would be a bad thing but that is the situation - the club is worth a lot more money because of those two long term contracts and the US owners may want to get their hands on that money one way or the other

currently the increased value of Wilf and Aaron is money that is in the club.

That value could be brought back to the shareholders by selling them in the summer.

But if there was resistance to selling them, say by Parish, that might upset the American shareholders

So instead they sell their shares to someone else who is potentially more hostile and will attempt to remove Steve Parish and do as they please to get a quick return on their money.

An unlikely scenario but as Harris and Blitzer are experienced sports investors and don't see any future return on continuing to invest - particularly in the new stand - then what are the prospects of finding someone who buys in [literally] to Parish's ideas for the club?

The big money overseas investors who just chuck their money at football like its FIFA 2019 usually want to have their fun running the club not ceding control to a minority shareholder like Parish.

The current value of the club probably means we won't get Browett / Hoskins buying back in to restore the original CPFC 2010 - which would be the nicest option.

Edited by mileend (09 Mar 2019 11.15am)

 

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View mileend's Profile mileend Flag East London 09 Mar 19 11.23am Send a Private Message to mileend Add mileend as a friend

it is probably also worth mentioning that Parish has been very clear the club has always been up for sale - or at least the owners would always entertain serious offers for the club

it's just that none of the offers really got serious - except for the rumours of the £200m Chinese buy out a while back

perhaps this just indicates the US owners have given up doing a deal behind closed doors and have lost patience so are pushing the issue to get out more quickly

they will make a profit - perhaps not as much as they wanted (in order to attract buyers) - and that will take money out of the club

the new buyer may buy those US shares using big expensive loans that the new owners want to push onto the club - the Glazer strategy

in comparison a random billionaire who has taken leave of their senses buying into a club isn't such a bad option

Edited by mileend (09 Mar 2019 11.24am)

 

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View mileend's Profile mileend Flag East London 09 Mar 19 11.39am Send a Private Message to mileend Add mileend as a friend

reading back my posts they sound a bit alarmist - sorry - this could be a good thing for the club!

as far as I know Blitzer and Harris each own 18% each and were supposed to have put in £50m

[Link]

but the actual control of the holding company in Delaware is a bit of a mystery

 

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View Terry Ven's Profile Terry Ven Flag 09 Mar 19 12.02pm Send a Private Message to Terry Ven Add Terry Ven as a friend

We can kiss goodbye to a new stand...how embarrassing after all the song and dance

 

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View Mapletree's Profile Mapletree Flag Croydon 09 Mar 19 12.05pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by Terry Ven

We can kiss goodbye to a new stand...how embarrassing after all the song and dance

Why? If there is a sale the equity remains the same.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 09 Mar 19 12.20pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Nobody knows what will happen. Thatís definite.

 


COYP

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Yellow Card - User has been warned of conduct on the messageboards View Hrolf The Ganger's Profile Hrolf The Ganger Flag 09 Mar 19 3.30pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

Told you so.

It was obvious that the Americans were looking to sell.

No spending in the windows and the new stand on the horizon.
Let's hope that new investors will have more ambition in the football department and not just in to make a quick buck.

 

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View Lyons550's Profile Lyons550 Flag Shirley 09 Mar 19 10.39pm Send a Private Message to Lyons550 Add Lyons550 as a friend

Originally posted by dazza

Watch this space &#128521;


Nothing new tbh, known this since Xmas...

 


The Voice of Reason In An Otherwise Mediocre World

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