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March 29 2024 8.32am

Your views on Simon Jordan?

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View est1905's Profile est1905 Flag 19 Nov 21 5.05pm Send a Private Message to est1905 Add est1905 as a friend

Originally posted by chris123

They dealt with the administrator though, so not sure what the trick was. The administrator was one day away from running out of money and liquidating when Parish and the others came in.

For the record btw, Jordan claims in his book Parish was behind Agilo (the hedge fund he was up to his eyes in debt to) pulling the plug and placing the club in administration.

 

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View Foxy0208's Profile Foxy0208 Flag Blackpool 19 Nov 21 7.06pm Send a Private Message to Foxy0208 Add Foxy0208 as a friend

Business people do business deal.

Its hardly headline news.

I am not necessarily doubting Simon Jordans motives but do we think we would be where we are today if he was still in control?

 


Some people think football is a matter of life and death. I don't like that attitude. I can assure them it is much more serious than that.

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View chris123's Profile chris123 Flag hove actually 19 Nov 21 7.41pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by est1905

For the record btw, Jordan claims in his book Parish was behind Agilo (the hedge fund he was up to his eyes in debt to) pulling the plug and placing the club in administration.

Agilo were owed £4.3 million.

 

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View Rachid Rachid Rachid's Profile Rachid Rachid Rachid Flag 19 Nov 21 8.59pm Send a Private Message to Rachid Rachid Rachid Add Rachid Rachid Rachid as a friend

I've heard bits and pieces of him on Talksport and can hardly bear to listen to him. Don't get the respect for his opinion and think he's complete cringe.

The irony of the suggestion that he was stitched up by others.

 

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View est1905's Profile est1905 Flag 22 Nov 21 5.07pm Send a Private Message to est1905 Add est1905 as a friend

Originally posted by chris123

Agilo were owed £4.3 million.

Whats your point? Agilo had the legal power to place Palace in administration and did so (even though it more or less guaranteed that they would never see their money again).
Jordan claims in his book that Parish convinced Agilo to pull the plug.

 

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View chris123's Profile chris123 Flag hove actually 22 Nov 21 5.34pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by est1905

Whats your point? Agilo had the legal power to place Palace in administration and did so (even though it more or less guaranteed that they would never see their money again).
Jordan claims in his book that Parish convinced Agilo to pull the plug.

The players weren't getting paid won't have helped confidence.

 

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View Badger11's Profile Badger11 Flag Beckenham 22 Nov 21 5.50pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by est1905

For the record btw, Jordan claims in his book Parish was behind Agilo (the hedge fund he was up to his eyes in debt to) pulling the plug and placing the club in administration.

Jordan was in hock to a hedge fund whose sole purpose is to make money, they had no interest in the club or the community unlike Lloyds bank who realised they optics look bad due to the tremendous palace support outside their offices.

Maybe Parish did put the boot in but if Jordan hadn't put the club into debt....

Businessmen take advantage of other businessmen that's how capitalism works.

 


One more point

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View est1905's Profile est1905 Flag 23 Nov 21 5.02pm Send a Private Message to est1905 Add est1905 as a friend

Originally posted by Badger11

Jordan was in hock to a hedge fund whose sole purpose is to make money, they had no interest in the club or the community unlike Lloyds bank who realised they optics look bad due to the tremendous palace support outside their offices.

Maybe Parish did put the boot in but if Jordan hadn't put the club into debt....

Businessmen take advantage of other businessmen that's how capitalism works.

Jeez, Does anyone actually read posts? I've repeatedly said this is Jordan's claim not mine. He could well be lying or wrong. I dont really care either way if he is bang on the money and Parish was behind the whole thing. I personally think its more likely Parish was watching Jordan slowly destroying himself and then moving in once he was out of the picture.
The only thing that I dont buy (and never did) was the 'reluctant buyer' tag they labelled themselves. You'd have to be pretty naive to think they didn't want to buy the club.

 

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View chris123's Profile chris123 Flag hove actually 23 Nov 21 5.20pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by est1905

Jeez, Does anyone actually read posts? I've repeatedly said this is Jordan's claim not mine. He could well be lying or wrong. I dont really care either way if he is bang on the money and Parish was behind the whole thing. I personally think its more likely Parish was watching Jordan slowly destroying himself and then moving in once he was out of the picture.
The only thing that I dont buy (and never did) was the 'reluctant buyer' tag they labelled themselves. You'd have to be pretty naive to think they didn't want to buy the club.

The administrator is both an agent of the company and an officer of the court. A company cannot go into administration unless it is insolvent, or likely to become insolvent. If the administrator says there was only one game in town = CPFC2010, I'd be inclined to believe it. There was no one else, we were one day away from being liquidated as the administrator had run out of money.

 

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View Badger11's Profile Badger11 Flag Beckenham 23 Nov 21 5.30pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by est1905

Jeez, Does anyone actually read posts? I've repeatedly said this is Jordan's claim not mine. He could well be lying or wrong. I dont really care either way if he is bang on the money and Parish was behind the whole thing. I personally think its more likely Parish was watching Jordan slowly destroying himself and then moving in once he was out of the picture.
The only thing that I dont buy (and never did) was the 'reluctant buyer' tag they labelled themselves. You'd have to be pretty naive to think they didn't want to buy the club.

Quid pro quo my comments were not directed at you. We are both on the same page on this.

Edited by Badger11 (23 Nov 2021 5.30pm)

 


One more point

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View iheartcpfc's Profile iheartcpfc Flag SE25 24 Nov 21 1.47am Send a Private Message to iheartcpfc Add iheartcpfc as a friend

Big mouthed gobs***e who should be embarrassed every time he looks at Palace and sees Parish eclipse him in every way. Cost us PL loans with his bloating on and failed us in the Jan 2005 window. Left us a tired old club on the ropes and in dire need of a spark

 

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View palace99's Profile palace99 Flag New Mills 24 Nov 21 12.19pm Send a Private Message to palace99 Add palace99 as a friend

Originally posted by chris123

I thought it was the administrator who organised the creditors meeting. CPFC 2010 didn't get involved until the end, just before the administrator ran out of money and liquidated us.

the creditors meeting was organised by the administrator when the CPFC2010 offer (1p in the £) was being made - my typo, but not quite sure what your point is. We were never liquidated BTW, if we were the club would not exist. Bury and Macclesfield Town, as examples, both ceased trading and had to reform as new clubs.

My main point was that the £30m Jordan claims he lost may not have been that much - in the accounts he was listed as a creditor owed £7.8m.

 

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