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February 26 2024 7.52am

Something needs to happen..!!

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View taylors lovechild's Profile taylors lovechild Flag 28 Jan 23 10.33am Send a Private Message to taylors lovechild Add taylors lovechild as a friend

Everyone keeps rabbiting on about Brighton as a model to follow, but the fact is they have an owner with a sizeable cheque book and ties to the club. Parish has the latter but perhaps not a big enough cheque book. Harris, Blitzer and Textor have no personal connection to Palace and it is clear we are an investment to them. Without the personal attachment I imagine they are less likely to gamble, like Bloom did with Brighton. Bloom's risk is now paying dividends, with some of his risks now paying off big time. Another thing that taps into Bloom's gambling past is that they have bought a lot of players on relatively low fees from across the globe since he took control with most failing to make it but the ones that do have been standout players. Putting aside the rivalry, there is a lot to be envious of with what they've achieved.

Our investment in young British/Irish players for the academy could bear fruit in a few years time and we could be the the next feeder club for the larger clubs like Brighton or Southampton. Maybe that is the gamble our club have decided to take? Maybe it is a Dougie masterstroke.

Of course we don't want another Goldberg or Jordan situation, but it would be nice to have owners who actually show some public love for Palace, rather than referring to us as a part of some portfolio (as Textor refers to us). Maybe I am just an old romantic. Maybe one of the player's could sh*g one of the owner's wives and then at least we'd have something to sing about them like the good old days.

 

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View Den1923's Profile Den1923 Flag 28 Jan 23 10.33am Send a Private Message to Den1923 Add Den1923 as a friend

Originally posted by sydtheeagle

I haven't forgotten it at all. If the rebuild of the main stand increases revenues by, say, £10 million a year via 8,000 more seats per game to sell, expensively priced hospitality and catering facilities available 365 days a year, greater food and beverage sales per game, and increased corporate sponsorship via various naming rights then if a club is valued at a 6X multiple (which seems to be the case now) the stand will pay for itself in about two years, were the club to sold. And that's not even taking into account that the new stand makes the club more attractive to sell anyway, since the prospective new owner won't have to foot the bill himself but, rather, will be taking ownership of the ready-made state-of-the-art new facilities and the profit opportunities that come with them. Harris and Blitzer, if they want to sell Palace, have every incentive to build the new stand fast. Which, perhaps, is why that's exactly what they appear to be doing.

All very sound and logical providing we stay in the EPL,however without strengthening in defence, midfield and at least a striker who can score the survival in the EPL is under threat.

Currently we score on average 0.9 goals per game and let in 1.35, so the issues are clear unless we score more goals I cannot see many points between now and the end of March.

Parish/Blitzer/Harris/Textor own the ground through CPFC Selhurst Park Ltd, that company has a debenture secured against the ground through a company in Luxembourg, this give the debenture holder preferential credit rights should the club ever go bust so it would seem that the ground is a very safe investment to these four no matter what happens to the club in the future!

 

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View Eaglecoops's Profile Eaglecoops Flag CR3 28 Jan 23 10.49am Send a Private Message to Eaglecoops Add Eaglecoops as a friend

Originally posted by Den1923

All very sound and logical providing we stay in the EPL,however without strengthening in defence, midfield and at least a striker who can score the survival in the EPL is under threat.

Currently we score on average 0.9 goals per game and let in 1.35, so the issues are clear unless we score more goals I cannot see many points between now and the end of March.

Parish/Blitzer/Harris/Textor own the ground through CPFC Selhurst Park Ltd, that company has a debenture secured against the ground through a company in Luxembourg, this give the debenture holder preferential credit rights should the club ever go bust so it would seem that the ground is a very safe investment to these four no matter what happens to the club in the future!

Iím no accountant, so, reading between the lines, how does that impact the value of the club as a saleable asset. I presume buying the club would therefore mean buying more than one business? Would that also make it difficult for the club to borrow funds if the assets are held in a separate business?

 

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View Badger11's Profile Badger11 Flag Beckenham 28 Jan 23 10.59am Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by Eaglecoops

Iím no accountant, so, reading between the lines, how does that impact the value of the club as a saleable asset. I presume buying the club would therefore mean buying more than one business? Would that also make it difficult for the club to borrow funds if the assets are held in a separate business?



An interesting point would I lend money to someone who would be first in the queue if the company went bust whilst I was stuck at the back? Probably not or only if I had the same cast iron guarantees.

I don't blame the shareholders for protecting their investment but then you can't blame others for being cautious. I have never liked that players get 100% of their wages whilst the self employed physio gets 1p in the poind.

 


One more point

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View Midlands Eagle's Profile Midlands Eagle Flag 28 Jan 23 11.41am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Eaglecoops

Iím no accountant, so, reading between the lines, how does that impact the value of the club as a saleable asset. I presume buying the club would therefore mean buying more than one business? Would that also make it difficult for the club to borrow funds if the assets are held in a separate business?

There is only one business although it's contained in a number of different limited companies for reasons unknown to me.

The number of companies won't affect the club's ability to borrow as the lender would probably insist on cross company guarantees and cross debentures

 

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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 28 Jan 23 11.45am Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by Midlands Eagle

There is only one business although it's contained in a number of different limited companies for reasons unknown to me.

The number of companies won't affect the club's ability to borrow as the lender would probably insist on cross company guarantees and cross debentures

We're already servicing tens of millions of debt.

 


Red and Blue Army!

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View Den1923's Profile Den1923 Flag 28 Jan 23 1.41pm Send a Private Message to Den1923 Add Den1923 as a friend

Originally posted by taylors lovechild

Everyone keeps rabbiting on about Brighton as a model to follow, but the fact is they have an owner with a sizeable cheque book and ties to the club. Parish has the latter but perhaps not a big enough cheque book. Harris, Blitzer and Textor have no personal connection to Palace and it is clear we are an investment to them. Without the personal attachment I imagine they are less likely to gamble, like Bloom did with Brighton. Bloom's risk is now paying dividends, with some of his risks now paying off big time. Another thing that taps into Bloom's gambling past is that they have bought a lot of players on relatively low fees from across the globe since he took control with most failing to make it but the ones that do have been standout players. Putting aside the rivalry, there is a lot to be envious of with what they've achieved.

Our investment in young British/Irish players for the academy could bear fruit in a few years time and we could be the the next feeder club for the larger clubs like Brighton or Southampton. Maybe that is the gamble our club have decided to take? Maybe it is a Dougie masterstroke.

Of course we don't want another Goldberg or Jordan situation, but it would be nice to have owners who actually show some public love for Palace, rather than referring to us as a part of some portfolio (as Textor refers to us). Maybe I am just an old romantic. Maybe one of the player's could sh*g one of the owner's wives and then at least we'd have something to sing about them like the good old days.

The graduation from academy football to elite football is very low only 0.5% of 16 year olds make it and kids entering as 9yo the figure reduces to only 0.18% so the chances of running a football club at EPL level, from academy output is very unlikely. The standard these days is extremely high and you only have to look at all levels of EPL and EFL teams to see how cosmopolitan teams are these days compared to the distant past when teams were mainly made up of home produced talent.

You need a worldwide scouting network these days to find the talent at reasonable prices, something we struggle at.

As far as I'm aware the current CP Academy is the combined effort of Derry/Mccarthy and Academy Director Garry Issott, there is no mention of DF being involved and rightly so as its his job to find us the right talent at the right price for the here and now, something that again we struggle to achieve.

 

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View Badger11's Profile Badger11 Flag Beckenham 28 Jan 23 2.44pm Send a Private Message to Badger11 Add Badger11 as a friend

In terms of the academy the next step up is for them to go out on loan to Championships clubs, so far Ebiowei is the only one to do so and he's not really our academy.

Far too many are in lower divisions so I doubt they will make it in the PL or be sold for a decent fee.

 


One more point

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View doombear's Profile doombear Flag Too far from Selhurst Park 28 Jan 23 4.01pm Send a Private Message to doombear Add doombear as a friend

Originally posted by Badger11

In terms of the academy the next step up is for them to go out on loan to Championships clubs, so far Ebiowei is the only one to do so and he's not really our academy.

Far too many are in lower divisions so I doubt they will make it in the PL or be sold for a decent fee.


Gallagher's first loan was to Charlton in League 1. Harry Kane's first was Leyton Orient.

It's what happens on their subsequent loan that gives a pointer.

 

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View Vaibow's Profile Vaibow Flag vancouver/croydon 28 Jan 23 8.05pm Send a Private Message to Vaibow Add Vaibow as a friend

Let's be real, academy players rarely go straight into the prem. They need 2/3 years in a the champ or abroad to learn and develop.

Patience is key and also luck... some get sold off and then turn out great - look at Guehi for example. They didn't keep him, made a quick buck and moved on.

The real model is this... for me at least.

You be a successful championship club. You produce your own talent with one or two coming through each year. You enjoy seeing their introduction. You have a good cup run each year and the occasional play off victory.

You make profits from selling on your home gown stars plus the off prem appearance.

That's huge.

or....

you churn out youngsters, loan them out, then bring them back and integrate them and try them in the squad, whilst buying elsewhere which then also allow you to sell those on.

Basically, you need to plan ahead and gamble whilst having the peace of mind that you are mid table safe and don't try anything silly.

 


This was once a quality forum....

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View Rachid Rachid Rachid's Profile Rachid Rachid Rachid Flag 28 Jan 23 10.17pm Send a Private Message to Rachid Rachid Rachid Add Rachid Rachid Rachid as a friend

Originally posted by Plaistow Eagle

If we don't sign at least a right back and a central midfielder by the close of the transfer deadline we are in dire straights..!!

Also looks like Mateta off to Galatasaray - so another forward also required..!!

To me this just smacks of no funds available or certainly not enough to compete..!!

What the hell is going on..??

COYP

I agree but this isn't consistent with some fairly strident opinion expressed after we beat West Ham.

Edited by Rachid Rachid Rachid (28 Jan 2023 10.19pm)

 

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View Willo's Profile Willo Flag South coast - west of Brighton. 28 Jan 23 11.25pm Send a Private Message to Willo Add Willo as a friend

The message was clear - the expectation was set at a couple of loans and possibly a permanent deal if possible.

The 'Window' does not shut until 11 PM on Tuesday and across the board a plethora of deals are concluded at the 'Eleventh hour'.

 

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