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November 29 2022 1.33pm

Harris and Blitzer, Chelsea

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View Omph's Profile Omph Flag Liverpool 26 Mar 22 1.54pm Send a Private Message to Omph Add Omph as a friend

Originally posted by Lanzo-Ad

Does anyone know how much Blitzer and Harris paid for their shares, and have they put in any additional funds in to the club, Texter's movements seem to be quite transparent, Blitzer and Harris`s doesn't seem to be so

There was a recent piece in The Athletic (Woosnam and Fifleld) that said they had been "investing quietly and helping provide stability and sustainability, not least during the pandemic". Not sure of course what that amounts to.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 26 Mar 22 1.57pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Lanzo-Ad

Does anyone know how much Blitzer and Harris paid for their shares, and have they put in any additional funds in to the club, Texter's movements seem to be quite transparent, Blitzer and Harris`s doesn't seem to be so

According to the last set of accounts the shareholders have loaned a little over £49m to the company and it is highly probable that the monies have been injected in proportion to their shareholdings although AN Idiot esq would probably disagree as is his wont.

We don't know how much they paid for their shares as the purchase of shares in a private company is a matter between the individuals involved

 

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View Omph's Profile Omph Flag Liverpool 26 Mar 22 2.32pm Send a Private Message to Omph Add Omph as a friend

Originally posted by Midlands Eagle

According to the last set of accounts the shareholders have loaned a little over £49m to the company and it is highly probable that the monies have been injected in proportion to their shareholdings although AN Idiot esq would probably disagree as is his wont.

We don't know how much they paid for their shares as the purchase of shares in a private company is a matter between the individuals involved

The latest accounts only run up July 2020 no? Or are there more recent figures available? I'm guessing that there'll have been more investment in the meantime - 2020/21 can hardly have been a stellar year financially and I'd assume greater investment in the meantime.

 

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View PatrickA's Profile PatrickA Flag London 26 Mar 22 4.37pm Send a Private Message to PatrickA Add PatrickA as a friend

Today's Telegraph has a detailed piece about the workings at Palace, with the 4 major shareholders, Parish, Blitzer,Harris and Textor having equal voting rights, but day to day management of the club being left to Parish.
The article suggests that Textor has a 40% share of the club, that Blitzer and Harris hold 38% between them, Parish holds 11% (I thought he held 18%) with rest being made up of smaller shareholders.
The article suggests that the model works well currently with a trust in how Parish manages the club.
However, if Blitzer and Harris dispose of their 38% to proceed with the Chelsea offer then this could lead to uncertainty in the event that the new investors want more say in the day to day running of the club.
As always the devil would be in the detail.
Textor role could be key too as the largest shareholder and it could be that he would seek to add to his holding.
I've been through the days of Bloye, Noades, Goldberg and Jordan so not much surprises with Palace.

 

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View Gary St.Andrews's Profile Gary St.Andrews Flag Kenley 27 Mar 22 7.48am Send a Private Message to Gary St.Andrews Add Gary St.Andrews as a friend

Perhaps Palace should be looking now at a replacement for Harris and Blitzer so a smooth transition is carried out. Itís not a forgone conclusion that they will get Chelsea, but you can see this getting complicated which is something we could well do without.

Never trust a sceptic tank!

 

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View Dubai Eagle's Profile Dubai Eagle Flag 27 Mar 22 8.03am Send a Private Message to Dubai Eagle Add Dubai Eagle as a friend

I think Abramovich,s arrival kinda signalled the beginning of the end for ordinary people to have the possibility to buy into their local club (if that club was in the PL) the sheer amount of money involved in modern times is just mind blowing for most of us to even think about.

Just as a question - does anyone know what it would cost to buy
just 1 share in CPFC (if it was possible to roll up at CPFC offices & put your money on the table)


Originally posted by adelaar


Is it beyond the realms of possibility that us fans could buy the shares?

 

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View Lanzo-Ad's Profile Lanzo-Ad Flag Lanzarote 27 Mar 22 8.10am Send a Private Message to Lanzo-Ad Add Lanzo-Ad as a friend

Originally posted by Dubai Eagle

I think Abramovich,s arrival kinda signalled the beginning of the end for ordinary people to have the possibility to buy into their local club (if that club was in the PL) the sheer amount of money involved in modern times is just mind blowing for most of us to even think about.

Just as a question - does anyone know what it would cost to buy
just 1 share in CPFC (if it was possible to roll up at CPFC offices & put your money on the table)



Six shillings and fourpence


 



Ticking away the moments that make up a dull day
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View The Dolphin's Profile The Dolphin Flag 27 Mar 22 8.37am Send a Private Message to The Dolphin Add The Dolphin as a friend

Textor will buy them out and hopefully leave Parish in charge

 

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View Spiderman's Profile Spiderman Flag Horsham 27 Mar 22 8.59am Send a Private Message to Spiderman Add Spiderman as a friend

Originally posted by dreamwaverider

Texter bought 40% of Palace for £87m according to the Mail.
H&B own 36%.
Chelsea is apparently going to sell for £3B +.
For a fast sale they could go at say £50m.
However,I rather fancy Midlands call that H&B wonít get Chelsea anyway.

I am not so sure, I believe they are in the consortium involving Martin Broughton and Seb Coe, if correct and the Government decide, the old school tie network may come into operation!

 

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View Painter's Profile Painter Online Flag Croydon 27 Mar 22 9.08am Send a Private Message to Painter Add Painter as a friend

Originally posted by adelaar


Is it beyond the realms of possibility that us fans could buy the shares?

4 fans did buy the club and saved us from disappearing, its been well documented.

 

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View maddog's Profile maddog Flag Wiltshire 27 Mar 22 9.35am Send a Private Message to maddog Add maddog as a friend

Originally posted by Lanzo-Ad

What happens if they cant find a buyer for the shares

Then they wonít be allowed to buy Chelsea!

This is Harris and Blitzerís problem not Palaceís. Itís not up to Palace to find buyers for Harris and Blitzerís shares.

Ultimately they will need to set a price such that someone will buy. Palace are a good investment at the moment though with a strong academy and a successful team on and off the pitch from Steve Paris down. Itís likely there will be at least one buyer - D&B will have lined them up and will have consulted both Textor and Parish before mounting their bid for Chelsea as both will have a say in who buys them.

The worry for Palace is that the purchasers need to be able to invest further in order to continue the excellent progress and fulfil the clubís plans. And they need to be happy leave Parish in overall control.


 

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View Mapletree's Profile Mapletree Flag Croydon 27 Mar 22 10.37am Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by Gary St.Andrews

Perhaps Palace should be looking now at a replacement for Harris and Blitzer so a smooth transition is carried out. Itís not a forgone conclusion that they will get Chelsea, but you can see this getting complicated which is something we could well do without.

Never trust a sceptic tank!

Is being a sceptic worse than going septic?

 

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