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May 10 2021 4.40am

Eddie Howe now favourite

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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 17 Apr 21 8.23pm Send a Private Message to braunstoneagle Add braunstoneagle as a friend

Originally posted by TheBigToePunt

Agreed that we don't know the finances in detail, but we know the headlines. The club release financial reports every year.

There is no guessing involved when it comes to understanding our general place in the economic pecking order.

100% agree

for those who dont understand it, in a nutshell

2014 - 2018 - Broke even in the PL
2019- sold AWB made 5m profit
2020 - didnt sell a player + covid, lost £54
2022 - release 250k a week, dont sell wilf - £40m loss.

we are looking for freebies or cheap young players this summer...if the owners would personally put in £50m for transfers we would be fine with FFP...lets see what happens.

 


‘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 TheBigToePunt's Profile TheBigToePunt Flag 17 Apr 21 10.18pm Send a Private Message to TheBigToePunt Add TheBigToePunt as a friend

Originally posted by braunstoneagle

100% agree

for those who dont understand it, in a nutshell

2014 - 2018 - Broke even in the PL
2019- sold AWB made 5m profit
2020 - didnt sell a player + covid, lost £54
2022 - release 250k a week, dont sell wilf - £40m loss.

we are looking for freebies or cheap young players this summer...if the owners would personally put in £50m for transfers we would be fine with FFP...lets see what happens.

The limit of what an owner can put in under ffp is in the neighbourhood of £100m I think, and the Americans have stuck in about £50m already, so you would be bang on.

Very happy to have this clarified by more knowledgeable folk, but I certainly read the £100m threshold in the regs themselves, which one can find online.

What I'm less clear about is whether the club would have to pay back the £100m in the end. I believe they would, so even if the Americans are happy to spend the money, its a one off and a debt we must carry and repay.

No wonder the academy matters so much.

Edited by TheBigToePunt (17 Apr 2021 10.21pm)

 

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View alexdyoung87's Profile alexdyoung87 Flag Yorkshire 17 Apr 21 11.25pm Send a Private Message to alexdyoung87 Add alexdyoung87 as a friend

I take on board all your points but what I suppose I’m getting at is that we shouldn’t feel as though we should just accept we’re ‘little’ Crystal Palace who are always the underdogs and cannot have a go at moving onto the next rung of the ladder.

Someone mentioned the Venables era but for me that’s like chalk and cheese when comparing how the club was run then to now. The De Boer effort clearly didn’t work but I think there were evident significant personality clashes early on and credit to Parish for rectifying his mistake. However, credit also to Parish for brining in the name and calibre of De Boer with his philosophy. Turns out the 3-5-2 free-flowing attacking and entertaining football is what a lot of Palace fans are after now!

For me, Benítez seems like a realistic shout and would be an appointment I’d happily support.

 

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View Ali_Campbell's Profile Ali_Campbell Flag New Addington 18 Apr 21 12.41am Send a Private Message to Ali_Campbell Add Ali_Campbell as a friend

I just can’t see it myself. I agree we need to dream but the finances just do allow me to think too far ahead. We have had a net spend of +4m since Roy has been here and despite out best efforts to balance the books, we unfortunately lost 54m

86p out of every £1 we earn goes on wages. Even with the high earners leaving this summer, there does not seem an awful lot of room for transfer fees and wages. Plus, we will need to also pay off the debt.

Unlike other owners, wolves, West Ham, Fulham, leeds etc... who are putting transfer funds into the club, our investers are looking for the club to run itself. Hopefully making some profit from the academy.

Simon Jordan said it perfectly on talkSPORT, unless the owners change the direction of the club, for me it does not really matter who is in charge, they will need to work miracles with freebies, PL cast aways, championship reserve goalkeepers.

 

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View alexdyoung87's Profile alexdyoung87 Flag Yorkshire 18 Apr 21 5.06am Send a Private Message to alexdyoung87 Add alexdyoung87 as a friend

Originally posted by Ali_Campbell

I just can’t see it myself. I agree we need to dream but the finances just do allow me to think too far ahead. We have had a net spend of +4m since Roy has been here and despite out best efforts to balance the books, we unfortunately lost 54m

86p out of every £1 we earn goes on wages. Even with the high earners leaving this summer, there does not seem an awful lot of room for transfer fees and wages. Plus, we will need to also pay off the debt.

Unlike other owners, wolves, West Ham, Fulham, leeds etc... who are putting transfer funds into the club, our investers are looking for the club to run itself. Hopefully making some profit from the academy.

Simon Jordan said it perfectly on talkSPORT, unless the owners change the direction of the club, for me it does not really matter who is in charge, they will need to work miracles with freebies, PL cast aways, championship reserve goalkeepers.

Change the direction from what to what?

We’ve had be incredibly stringent with our finances in order to prioritise building our infrastructure over recent seasons, including the present, for the overall long term gain. This includes the brand-spanking new academy, upgrading the stadium and (I assume/hope!) a new stand.

I suppose this is the difference between us and other clubs who already have their infrastructure in place and can look to spend larger sums of money on players whilst we’ve been scraping around for loan and freebie deals such as McCarthy and Butland. That said, we did splash £20 million in Eze and there were strong reports of a £25 million bid for Sarr only in October.

The direction of the club, I believe, will be to focus on seeing fruit from the academy through effective, top quality coaching. It might however mean we need to sell some products along the way for the sake of the bigger picture. If we can bring in a top quality coach to do that and oversee the process then great.

I’m not convinced the likes of Dyche or Howe would be good enough to oversee such a fragile moment in the club’s history.

 

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View cryrst's Profile cryrst Flag Chatham 18 Apr 21 6.35am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Ali_Campbell

I just can’t see it myself. I agree we need to dream but the finances just do allow me to think too far ahead. We have had a net spend of +4m since Roy has been here and despite out best efforts to balance the books, we unfortunately lost 54m

86p out of every £1 we earn goes on wages. Even with the high earners leaving this summer, there does not seem an awful lot of room for transfer fees and wages. Plus, we will need to also pay off the debt.

Unlike other owners, wolves, West Ham, Fulham, leeds etc... who are putting transfer funds into the club, our investers are looking for the club to run itself. Hopefully making some profit from the academy.

Simon Jordan said it perfectly on talkSPORT, unless the owners change the direction of the club, for me it does not really matter who is in charge, they will need to work miracles with freebies, PL cast aways, championship reserve goalkeepers.

The 86p thing must surely include the whole wage bill, ground staff,catering staff,security,first team,u23s, like everyone. If that's only the first team then our spend must be more than 86p. Wages are the biggest outlay in most businesses so its not that exceptional. Its cash flow I think is the key factor. Money in money out enabling debts to be serviced.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 18 Apr 21 7.16am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Painter


The last time we went for a big name ended in disaster and administration. A certain Terry Venables after Euro 96.

Not so as the last time we went for a big name manager was the ex England manager Roy Hodgson and the time before that was ex England manager Sam Allardyce both of whom were successful here.

Leaving aside Tony Pulis it was actually the small name managers like Holloway and Pardew that have been less than sucessful here so by that token we should be going for Jurgen Klopp or Pep Guardiola

 

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View dreamwaverider's Profile dreamwaverider Flag 18 Apr 21 9.25am Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Originally posted by cryrst

The 86p thing must surely include the whole wage bill, ground staff,catering staff,security,first team,u23s, like everyone. If that's only the first team then our spend must be more than 86p. Wages are the biggest outlay in most businesses so its not that exceptional. Its cash flow I think is the key factor. Money in money out enabling debts to be serviced.

It does

 

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View doombear's Profile doombear Flag Too far from Selhurst Park 18 Apr 21 10.17am Send a Private Message to doombear Add doombear as a friend

Originally posted by alexdyoung87

Change the direction from what to what?

We’ve had be incredibly stringent with our finances in order to prioritise building our infrastructure over recent seasons, including the present, for the overall long term gain. This includes the brand-spanking new academy, upgrading the stadium and (I assume/hope!) a new stand.

I suppose this is the difference between us and other clubs who already have their infrastructure in place and can look to spend larger sums of money on players whilst we’ve been scraping around for loan and freebie deals such as McCarthy and Butland. That said, we did splash £20 million in Eze and there were strong reports of a £25 million bid for Sarr only in October.

The direction of the club, I believe, will be to focus on seeing fruit from the academy through effective, top quality coaching. It might however mean we need to sell some products along the way for the sake of the bigger picture. If we can bring in a top quality coach to do that and oversee the process then great.

I’m not convinced the likes of Dyche or Howe would be good enough to oversee such a fragile moment in the club’s history.


We currently have a top quality coach. People can hanker after Benitez as much as they like but he's not coming to Palace. He has already said as much - he wants another shot with one of the big teams who can afford:
a) his wages and
b) to provide the transfer kitty he would demand.
He will want to mix it with Guardiola, Klopp and Tuchel etc. He can't realistically do that at Palace any more than he could at Newcastle.

Dyche will stay at Burnley if he's given a reasonable transfer kitty by the club's new owners (the jury is out on that one)

I wouldn't be too upset if Howe came. I reckon he'll have reflected on where he went wrong at Bournemouth and will address those shortcomings

 

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View taylors lovechild's Profile taylors lovechild Flag People's Republic of Gozo 18 Apr 21 10.56am Send a Private Message to taylors lovechild Add taylors lovechild as a friend

In terms of money, just taking Sakho, Wickham and PvA off the books probably saves us about 10 million per annum, rising to about 15 million if Bentenke leaves too. When you think Eze is on around 2 million per year, it shows there is better value to be had. I also wonder if the club will spend reasonably significant amounts on a few players considered first-team starters, but may replace squad players like Dann, Wickham, McCarthy and Hennessey with either young lower league players with potential (like the Ipswich lad Downes) or utilise our youth players when necessary, with this being likely to save millions on wages.

We've been carrying a lot of well paid passengers in recent times and ignoring the manager issue for a moment, I think that trimming the fat will likely be almost as important a task for the club as what to do on the manager front. With regard to the manager, for me it is finding the person who is excited at the prospect of discovering and building the next generation of Palace stars and a clear plan of what they want the club to be. I don't want, and I doubt we'll get, a big name manager whose only concern is what Palace can do for them, not what they can do for Palace (to misquote JFK). I'd be ok with Dyche, Howe or Lampard for differing reasons.

 

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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 18 Apr 21 12.04pm Send a Private Message to braunstoneagle Add braunstoneagle as a friend

Originally posted by TheBigToePunt

The limit of what an owner can put in under ffp is in the neighbourhood of £100m I think, and the Americans have stuck in about £50m already, so you would be bang on.

Very happy to have this clarified by more knowledgeable folk, but I certainly read the £100m threshold in the regs themselves, which one can find online.

What I'm less clear about is whether the club would have to pay back the £100m in the end. I believe they would, so even if the Americans are happy to spend the money, its a one off and a debt we must carry and repay.

No wonder the academy matters so much.

Edited by TheBigToePunt (17 Apr 2021 10.21pm)

like you said, im happy to be corrected by my understanding is that the owners could inject money via a share issue to overcome ffp, thats what usmanov (?) at everton seems to be doing. and i think that would circumvent ffp rules.

 


‘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 Fatherken's Profile Fatherken Flag 18 Apr 21 1.06pm Send a Private Message to Fatherken Add Fatherken as a friend

I see that 86p in every £ goes on wages . Which is 86% . That leaves 14% which anyone would like as clear profit . Now 14% of the millions we get from TV should cover other cost and still leave money in the bank .

 

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