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October 21 2019 3.14am

The American Investors

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View stuartgray13's Profile stuartgray13 Flag margate 09 Aug 19 12.20pm Send a Private Message to stuartgray13 Add stuartgray13 as a friend

would be interesting to know how much of a say SP has on transfers.
I do believe we are controlled by the American investors and SP is just the go between man has no power at all.

But i don't know for just my feelings and view.

But we have to be positive and believe this will be an okay season, get Ben ticking again play to his strengths and get Max playing where he belongs and i think Sakho and Cahill will be awesome.

Sod what the board are up to lets do what we do best support our Palace

 

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View Midlands Eagle's Profile Midlands Eagle Flag 09 Aug 19 12.57pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Rudi Hedman

I think Parish hinted they wanted to sign Benteke and he didnít.

I very much doubt whether the Americans had even heard of Benteke

 

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View davehuggins's Profile davehuggins Flag 09 Aug 19 1.13pm Send a Private Message to davehuggins Add davehuggins as a friend

I tend to agree there is trouble looming IMO. Before we all go crazy let's give it 3/4 games to gauge the mood of the team. If all is not as it should be we will soon get a clear picture. So, here is hoping all is well......

 

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View alcraig's Profile alcraig Flag Ashford 09 Aug 19 2.16pm Send a Private Message to alcraig Add alcraig as a friend

They might both be billionaires but they purchase sport teams to make money, strip down supposed outgoing issues and then oversee average clubs. Look at their record in America. They do not want to invest in Palace so lets get buyers in who do.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 09 Aug 19 2.43pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Midlands Eagle

I very much doubt whether the Americans had even heard of Benteke

A lot of fans havenít heard of plenty of our foreign targets. It doesnít stop them saying we should or need to buy them.

 


COYP

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View mileend's Profile mileend Flag East London 09 Aug 19 3.41pm Send a Private Message to mileend Add mileend as a friend

Originally posted by stuartgray13

would be interesting to know how much of a say SP has on transfers.
I do believe we are controlled by the American investors and SP is just the go between man has no power at all.

But i don't know for just my feelings and view.

But we have to be positive and believe this will be an okay season, get Ben ticking again play to his strengths and get Max playing where he belongs and i think Sakho and Cahill will be awesome.

Sod what the board are up to lets do what we do best support our Palace

They are not majority shareholders so its' not easy to see how they can be directly controlling him (ie - you must buy this player Steve)

But it seems reasonable to speculate they are controlling him by not agreeing new funding for players or the new stand beyond the club's own financial resources - as neither have been forthcoming this year

hopefully the debt issues are cleared by AWB and that will enable the Americans to move on quickly

until new investors come in then it looks like we have to live within our means which puts us at a major disadvantage compared to our direct competitors as our only other option to fund new players at the level we need is to sell Wilf

 

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View Palace in the Blood's Profile Palace in the Blood Flag 09 Aug 19 4.01pm Send a Private Message to Palace in the Blood Add Palace in the Blood as a friend

One of our biggest problems is the wage bill as we all know it is compared to income one of the biggest in the EPL. Some players have left but not the very high earners. Thus we had and contine to have problems keeping within FFP rules.

We also paid out some high transfers that have not been fully paid (they are normally paid over contract length) ie Sakho. Since Benteke is in his final year that debt may be paid off

If you look at who we targeted they were young and not top earners but with a potential. AWB was not on a high wage so his sale released capital we could spend on players but did little to free wage money.

I think we were willing to spend a lot of the AWB money on the right players hence the bids that were made.Good strikers are top money both in transfer fee and also wages hence looking at people like Chavlov who are cheaper to pay.

I think it unlikely that the owners will have pocketed the AWB fee as this would reduce the finanacial position of the club and hence its sale value. It appears that the Americans do not wish to invest more in the club. This could be short or long term and could be for a variety of reasons.

1) The club needs to be closer to balancing its books before they invest further
2)They find working with SP and his team difficult
3)They have financial restraints themselves
4)They are worried about political situation Brexit etc which will possibly effect value of club.
5)They disagree with way club is being run on a day to day basis but feel unable to change this.

Only they know

Edited by Palace in the Blood (09 Aug 2019 4.03pm)

 

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View mileend's Profile mileend Flag East London 09 Aug 19 4.18pm Send a Private Message to mileend Add mileend as a friend

Originally posted by Palace in the Blood

I think it unlikely that the owners will have pocketed the AWB fee as this would reduce the finanacial position of the club and hence its sale value. It appears that the Americans do not wish to invest more in the club. This could be short or long term and could be for a variety of reasons.

Edited by Palace in the Blood (09 Aug 2019 4.03pm)

this is a very good post and absolutely may reflect the situation

however I wonder if anyone buying the club (their shares) would value the club very differently if there was more cash in the bank and high debt - or alternatively less cash and low debt

it seems very unlikely the Americans are going to sell their shares and leave their debt in place and wait to get it paid back later - it would depend on the terms of the loan of course - but don't you think they might feel like that would be a bit of a risk in the rollercoaster world of football finance?

the other risk of course of leaving the money in the club is that if they hold only 36% of the shares maybe the other 64% of shareholders might decide to spend it - again perhaps unlikely - but if they have got that money back in their own pockets they eliminate the risk

 

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View Rachid Rachid Rachid's Profile Rachid Rachid Rachid Flag 09 Aug 19 9.55pm Send a Private Message to Rachid Rachid Rachid Add Rachid Rachid Rachid as a friend

Originally posted by Midlands Eagle

This post has been merged from a topic called 'Americans must go. Answers also needed.' by Midlands Eagle

Personally I'm not sure that it's the American's fault at all.

We have an unusual situation where the club is to all extents and purposes run by a minority shareholder who has got us to where we are today but can't take us any further.

The answer is to sell the club to someone with deeper pockets but I have a feeling that the sticking point is that Parish wants to retain his minority shareholding and to continue to run the club and that will put off most billionaires.

Dilapidated stadium aside Crystal Palace is a highly saleable commodity and there must be loads of billionaires who would happily buy it as long as they could put their own man in to run it

This is the bottom line really but for every John W Henry there's a Venky's or Carson Yeung.

The rest of the football league outside of the Premier League is on its knees financially and the only likeable thing about the Premier League sh!t show is that an unfancied team like us occasionally f***s things up for our friends who support plastic teams.


 

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View ARGILE OLD GEEZER's Profile ARGILE OLD GEEZER Flag PORTIMAO 10 Aug 19 7.45am Send a Private Message to ARGILE OLD GEEZER Add ARGILE OLD GEEZER as a friend

Originally posted by HKOwen

This post has been merged from a topic called 'Americans must go. Answers also needed.' by Midlands Eagle

Americans will go when they have investment plus return to their satisfaction.

In today's club fans have no right to any answers and should not expect any

The Wilf farce lends to the reasonable view that the Chairman is not good enough at being a CEO of a PL football club ( this is different issue to being one of the investors who saved the club years ago ).

My opinion FWIW is that SP is keen on being a media celeb and is quite envious of Simon Jordan's exposure

Only two clubs came in for Zaha, neither is in the champions league, Arsenals offer was an insult and deceitful,to say they only had £40m to spend, and then spend approx £80m when we reject their so called offer.
Everton also didn't get anywhere near Palace asking price, and tried to off load two players they didn't want in the deal.
So tell us, what would you have done different in what you call the Zaha farce.

 

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View ARGILE OLD GEEZER's Profile ARGILE OLD GEEZER Flag PORTIMAO 10 Aug 19 7.49am Send a Private Message to ARGILE OLD GEEZER Add ARGILE OLD GEEZER as a friend

Originally posted by kingdowieonthewall

This post has been merged from a topic called 'Americans must go. Answers also needed.' by Midlands Eagle

listening to the radio a few evenings ago, a chap that seemed to know what he was talking about said the yank owners of Utd take out much of the profit each year & certainly let a lot less than they put in.
looks like Parish bought a pup if our Americans are doing likewise.
Guess the only answer is getting into bed with somebody else but out of the frying pan into the fire?

Difference is that the Man U Americans own the club 100%. our Americans onlt own 36%

 

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View Midlands Eagle's Profile Midlands Eagle Flag 10 Aug 19 7.56am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by mileend

the other risk of course of leaving the money in the club is that if they hold only 36% of the shares maybe the other 64% of shareholders might decide to spend it - again perhaps unlikely - but if they have got that money back in their own pockets they eliminate the risk

Only directors of a company can authorise the spending of money and the two Americans plus Parish are the only directors

 

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