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March 29 2024 1.58pm

Takeover in weeks?

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View Painter's Profile Painter Flag Croydon 20 Jun 19 7.37pm Send a Private Message to Painter Add Painter as a friend

Originally posted by est1905

Wrong on both counts. We made a loss this last published accounts. We have made a modest profit the previous two before that. If as expected AWB completes a move to Man U the next set of accounts are likely to show us in the black again.
As for the TV money being reduced? Rubbish. The cleverest thing that Scudamore did when negotiating TV deals with Sky and BT was to accept a slightly lower offer with a concrete agreement that ALL future negotiations once the existing contract runs down have to be upwards only negotiations. They might not rise as sharply as they've done in the past but they will never get smaller. Ever. Not unless the TV companies go bust and theres no one left to pay the Premiership. Bit unlikely though.

If the Premier is still such a golden egg, why are they having a lot of problems replacing Scudamore. There is no such agreement that future deals will rise, as BTs interest is declining. Amazon are in the frame now, but their business model isn't based around sport, so wont pay over the odds.
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AWB hasn't been sold yet and if he is the money will be used for new players, very few Premier clubs operate in profit, its not the transfers but the wages. Palaces income to wages ratio is among the worst in the Premier, moving AWB on isn't going to help much as he was the lowest earner.

 

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View orpingtoneagle's Profile orpingtoneagle Flag Orpington 20 Jun 19 8.16pm Send a Private Message to orpingtoneagle Add orpingtoneagle as a friend

Who is to say any money from AWB will be spent on new players.

Might just go towards funding a stand.

It is almost impossible to ascertain if the club overall is in profit or loss. We have an opaque corporate structure set up to be 'tax efficient,' but with Mr Parish taking cuts all over the shop in rents and services.

Trying to read the signs it looks increasingly like we have little money.

The ground redevelopment is delayed, we are increasingly looking at free transfers and loans and the money invested in our matchday experience is minimal.

We are not from what I see living in the land of milk and honey.

 

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View dreamwaverider's Profile dreamwaverider Flag London 21 Jun 19 7.46am Send a Private Message to dreamwaverider Add dreamwaverider as a friend

I heard a figure of £250M to buy us. I would prefer to see the Americans sell their controlling interest for say £ 100m and then the new partners commiting a zero rated loan note of £150m to fund our future plans. Stadiums Europe etc

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 21 Jun 19 8.15am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by dreamwaverider

I heard a figure of £250M to buy us. I would prefer to see the Americans sell their controlling interest for say £ 100m and then the new partners commiting a zero rated loan note of £150m to fund our future plans. Stadiums Europe etc

I don’t think the US shares were £100 mil when they bought them or worth that now. That sounds like the expected value after the main stand is built, so not now. I seem to remember the club value to be over £200 mil after the main stand is built. I thought they bought in with £50 mil for shares and £50 mil for the stand ringfenced. If that has been spent on transfers then it’ll be coming out of annual revenue I’d expect, unless we got a Sheikh come in.

Or did they buy in with £100 plus £50 mil ringfenced?

 


COYP

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View Midlands Eagle's Profile Midlands Eagle Online Flag 21 Jun 19 8.19am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Rudi Hedman


I don’t think the US shares were £100 mil when they bought them or worth that now. That sounds like the expected value after the main stand is built, so not now. I seem to remember the club value to be over £200 mil after the main stand is built. I thought they bought in with £50 mil for shares and £50 mil for the stand ringfenced. If that has been spent on transfers then it’ll be coming out of annual revenue I’d expect, unless we got a Sheikh come in.

Or did they buy in with £100 plus £50 mil ringfenced?

That's the trouble with smoke and mirrors

 

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View Badger11's Profile Badger11 Flag Beckenham 21 Jun 19 8.24am Send a Private Message to Badger11 Add Badger11 as a friend

Whoever buys the club I hope that they use their own money unlike the mob who bought Man United and saddled that club with a load of debt.

 


One more point

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 21 Jun 19 8.26am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Midlands Eagle

That's the trouble with smoke and mirrors

Ha ha. But that part was transparent. £50 mil ringfenced. I just can’t remember if the shares were 50 or 100. 50 sounds more likely because the 50 for the stand brings a total of 100 which is the estimated value of the club once the stand is finished.

 


COYP

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View Painter's Profile Painter Flag Croydon 21 Jun 19 9.55am Send a Private Message to Painter Add Painter as a friend

Originally posted by Rudi Hedman

Ha ha. But that part was transparent. £50 mil ringfenced. I just can’t remember if the shares were 50 or 100. 50 sounds more likely because the 50 for the stand brings a total of 100 which is the estimated value of the club once the stand is finished.

So, ring fenced more than likely means the Americans still have the £50m in one of the companies owned by them.

I read the club is being touted for sale at £220m with planning permission. The price is a bit irrelevant as it will go to the current owners, not the club.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 21 Jun 19 12.03pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Painter

So, ring fenced more than likely means the Americans still have the £50m in one of the companies owned by them.

I read the club is being touted for sale at £220m with planning permission. The price is a bit irrelevant as it will go to the current owners, not the club.

Yes I meant the US share would end up being roughly 100 sand the total value 200 after the main stand is finished.

I’m not sure about this ringfenced money still being there. It might be all of or part of the money we’ve overspent recently, which we have. We’re losing money now because since Benteke the situation has finally caught up with us.

 


COYP

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View orpingtoneagle's Profile orpingtoneagle Flag Orpington 21 Jun 19 12.49pm Send a Private Message to orpingtoneagle Add orpingtoneagle as a friend

Who is to say any money from AWB will be spent on new players.

Might just go towards funding a stand.

It is almost impossible to ascertain if the club overall is in profit or loss. We have an opaque corporate structure set up to be 'tax efficient,' but with Mr Parish taking cuts all over the shop in rents and services.

Trying to read the signs it looks increasingly like we have little money.

The ground redevelopment is delayed, we are increasingly looking at free transfers and loans and the money invested in our matchday experience is minimal.

We are not from what I see living in the land of milk and honey.

 

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View orpingtoneagle's Profile orpingtoneagle Flag Orpington 21 Jun 19 12.51pm Send a Private Message to orpingtoneagle Add orpingtoneagle as a friend

Sorry all for duplicate post.

 

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View lefty27's Profile lefty27 Flag ipswich 21 Jun 19 12.53pm Send a Private Message to lefty27 Add lefty27 as a friend

Originally posted by orpingtoneagle

Who is to say any money from AWB will be spent on new players.

Might just go towards funding a stand.

It is almost impossible to ascertain if the club overall is in profit or loss. We have an opaque corporate structure set up to be 'tax efficient,' but with Mr Parish taking cuts all over the shop in rents and services.

Trying to read the signs it looks increasingly like we have little money.

The ground redevelopment is delayed, we are increasingly looking at free transfers and loans and the money invested in our matchday experience is minimal.

We are not from what I see living in the land of milk and honey.

Who is? If you look at the other premier league teams debts are look minuscule. Everton, Newcastle have debts of over £100 million. I think only Burnley rum at a profit and maybe one or two others.

 

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