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July 14 2020 3.29am

Takeover in weeks?

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View MonsterMunch's Profile MonsterMunch Flag Cambridge 19 Dec 19 9.24am Send a Private Message to MonsterMunch Add MonsterMunch as a friend

Originally posted by Ginger Pubic Wig

I'm sure Parish would invest in the team if he were flying solo, but investing in the team isn't our medium term challenge.

Sure we can do that, but over time we'll find ourselves competing more and more with clubs that generate better free cash flow. So team investment sort of papers over structural cracks.

To truly consolidate, the stadium needs upgrading massively. And I am unsure some bigwig investor will come in and enlarge Selhurst and do all the grunt work involved.

That's dull, detail heavy work for the kind of investor who's rich enough to do it. They can delegate but is anyone going to do markedly better than Parish? I doubt it.

So, the way I see it, would-be investors may well still want Parish involved.

This is how I see it. I think Palace are in a unique situation with regards our stadium. The whole thing really needs knocking down and rebuilding. Its such a huge investment needed just for our ground, let alone the actual purchase price of the club and ongoing issues with planning etc. Getting the stand done would be a step forward but really its just a bolt on to the rest of the heap that is Selhurst park. For me its the stadium situation that is making Palace unattractive to investors/new owners

 

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View Midlands Eagle's Profile Midlands Eagle Flag 19 Dec 19 9.53am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by ARGILE OLD GEEZER

And as I have said before, you don't need 100% to control a club/business, if you have 51%you have complete control and cannot be outvoted

Obviously corporate finance isn't your speciality

Company is making no profit

New investor buys 82% of the shares and pumps £100m into the company

With new investment company now makes £80m profit and distributes it as a dividend

Existing 18% shareholder earns £14.4m in dividends for doing nothing

 

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View rollercoaster's Profile rollercoaster Flag Cornwall 19 Dec 19 3.29pm Send a Private Message to rollercoaster Add rollercoaster as a friend

So can someone explain who exactly controls the club. I constantly hear moaning that the Americans want out and therefore we cannot spend any money on transfers. In another post I read that they hold 36% of the shares? Now that is nowhere near a contolling interest.

So what is really going on?

Personally I cannot see why anyone would invest in our club. I cannot see where/when they would get a return on their money apart from asset stripping. Some owners have clubs for the prestige value but whilst we love our club I do not think there is any real prestige in owning us. We are not, never have and likely never will be a glamourous club.

I for one am grateful that we have real Palace fans on the board and hope they can continue to limit the damage that potential 'investors' might do.

 

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View bexleydave's Profile bexleydave Flag Barnehurst 19 Dec 19 4.23pm Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Originally posted by rollercoaster

So can someone explain who exactly controls the club. I constantly hear moaning that the Americans want out and therefore we cannot spend any money on transfers. In another post I read that they hold 36% of the shares? Now that is nowhere near a contolling interest.

So what is really going on?

Personally I cannot see why anyone would invest in our club. I cannot see where/when they would get a return on their money apart from asset stripping. Some owners have clubs for the prestige value but whilst we love our club I do not think there is any real prestige in owning us. We are not, never have and likely never will be a glamourous club.

I for one am grateful that we have real Palace fans on the board and hope they can continue to limit the damage that potential 'investors' might do.

Parish is the only director that could be described as a "fan". The other three of the original four are either minority shareholders or gone altogether. The US investors are directors and Parish is CEO, plus there's a company secretary. From previous information that's been made public, there would seem to be a plethora of minor shareholders, many on the other side of the Atlantic. The three major shareholders apparently own 54% of CPFC2010 with the remainder presumably owned by minority shareholders, not involved in executive decision making:

[Link]

 


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 braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 19 Dec 19 6.45pm Send a Private Message to braunstoneagle Add braunstoneagle as a friend

i think the club is in a good place with parish as chairman.

he is doing a good job and continually taking the club forward even if it is babysteps.

br careful what you wish for, for me any takeover should be dependant on parish still taking control of the day to day running.

 


‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway


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View ARGILE OLD GEEZER's Profile ARGILE OLD GEEZER Flag PORTIMAO 20 Dec 19 5.41am Send a Private Message to ARGILE OLD GEEZER Add ARGILE OLD GEEZER as a friend

Originally posted by Midlands Eagle

Obviously corporate finance isn't your speciality

Company is making no profit

New investor buys 82% of the shares and pumps £100m into the company

With new investment company now makes £80m profit and distributes it as a dividend

Existing 18% shareholder earns £14.4m in dividends for doing nothing

Have you explained your theory to the Americans.

 

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View aashman12's Profile aashman12 Flag 20 Dec 19 7.51am Send a Private Message to aashman12 Add aashman12 as a friend

Originally posted by MonsterMunch

This is how I see it. I think Palace are in a unique situation with regards our stadium. The whole thing really needs knocking down and rebuilding. Its such a huge investment needed just for our ground, let alone the actual purchase price of the club and ongoing issues with planning etc. Getting the stand done would be a step forward but really its just a bolt on to the rest of the heap that is Selhurst park. For me its the stadium situation that is making Palace unattractive to investors/new owners

Fully agree, the footprint we're working on is way too small to build anything decent,

 

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View Willo's Profile Willo Flag South coast - west of Brighton. 20 Dec 19 9.34am Send a Private Message to Willo Add Willo as a friend

I do hear some information from reputable sources but I have not heard of any potential deal on the horizon.
That is not to say there isn't one - no obligation at all to divulge this to me.I'm a nobody, I don't walk down the corridors of power at the club.

Edited by Willo (20 Dec 2019 9.47am)

 

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View bexleydave's Profile bexleydave Flag Barnehurst 20 Dec 19 9.55am Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Originally posted by Willo

I do hear some information from reputable sources but I have not heard of any potential deal on the horizon.
That is not to say there isn't one - no obligation at all to divulge this to me.I'm a nobody, I don't walk down the corridors of power at the club.

Stop the false humility Willo

 


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 Willo's Profile Willo Flag South coast - west of Brighton. 20 Dec 19 9.58am Send a Private Message to Willo Add Willo as a friend

Originally posted by bexleydave

Stop the false humility Willo

With respect not "False" at all.
At the end of the day I am just one of life's modest trundlers and displayed numerous bouts of self-deprecation both inside and outside of HOL.

Edited by Willo (20 Dec 2019 10.01am)

 

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View Palace in the Blood's Profile Palace in the Blood Flag 20 Dec 19 12.42pm Send a Private Message to Palace in the Blood Add Palace in the Blood as a friend

None of us can be 100% sure of what is going on inside the club and we can only speculate.
We do not know why the Americans want out. They knew the finances and risks involved before they invested so I feel we can ignore that. So they want out for more personal reasons which may also mean they do not like way club is run.
SP is a strength and also a weakness, it is nice to have a fan as a director/CEO. However it seems likely that he wishes to remain CEO and that will at best reduce interested parties and potentially price.
Changing his mind after pressure like over singing section is also a factor. It will have had an influence on planning descisions.
SP does not have finance to run club on own.
Descisions on players wage bill compared to income do not make us an attractive proposition for some investors.
The best outcome would be a buyer possibly keeping SP as a director. A new CEO who will not be so hands on with football matters. Hopefully to recruit a new Director of football to manage player recruitment and all football related matters including manager succession

 

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View Chubskip's Profile Chubskip Flag 20 Dec 19 3.49pm Send a Private Message to Chubskip Add Chubskip as a friend

Investors will want a return on their capital can't see this on our 25000 or so capacity.

 

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