Takeover in weeks?
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 radsyrendot  From Coventry now in Leicester 17 Dec 19 3.49pm |
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If they or even just Parish invest in January we as a club have a massive chance of a top 6 finish i believe and that would be a more interesting proposal for a new buyer
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| Ginger Pubic Wig Wickham de L'Ouest 17 Dec 19 4.45pm |
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I'm sure Parish would invest in the team if he were flying solo, but investing in the team isn't our medium term challenge. Sure we can do that, but over time we'll find ourselves competing more and more with clubs that generate better free cash flow. So team investment sort of papers over structural cracks. To truly consolidate, the stadium needs upgrading massively. And I am unsure some bigwig investor will come in and enlarge Selhurst and do all the grunt work involved. That's dull, detail heavy work for the kind of investor who's rich enough to do it. They can delegate but is anyone going to do markedly better than Parish? I doubt it. So, the way I see it, would-be investors may well still want Parish involved.
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| alffy 17 Dec 19 5.41pm |
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Originally posted by Midlands Eagle
And none will be forthcoming as long as Parish insists on keeping his stake and running the club. No-one is going to pump hundreds of millions into a company that they don't control Here lies the problem. A sole investor would have more shares than Parish and expect control of the club. Parish has a dug himself and the club in to a hole which I can't see how we can get out, unless Parish walks away...which he won't.
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| Willo South coast - west of Brighton. 17 Dec 19 5.49pm |
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Originally posted by Ginger Pubic Wig
I'm sure Parish would invest in the team if he were flying solo, but investing in the team isn't our medium term challenge. Sure we can do that, but over time we'll find ourselves competing more and more with clubs that generate better free cash flow. So team investment sort of papers over structural cracks. To truly consolidate, the stadium needs upgrading massively. And I am unsure some bigwig investor will come in and enlarge Selhurst and do all the grunt work involved. That's dull, detail heavy work for the kind of investor who's rich enough to do it. They can delegate but is anyone going to do markedly better than Parish? I doubt it. So, the way I see it, would-be investors may well still want Parish involved. Bill Kenwright at Everton has been at the club since 1999 and I think he was major shareholder for a number of years.He vastly reduced his shareholding when Farhad Moshiri bought the club in May 2016.Moshiri now owns 77% of the shares and Kenwright just 5%.Kenwright has continued as Chairman and they have a Chief Exec, Denise Barrett-Baxendale who was appointed in May last year. Edited by Willo (17 Dec 2019 5.51pm)
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| nead1 17 Dec 19 6.13pm |
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I assume the point is that this could be a good model to follow? Personally, I see Parish in a very positive light - just compare the situation in 2010 to 9 years later. If the same progress could be made over the next 9 years the outcome would be potentially amazing.
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| NEILLO Shoreham-by-Sea 17 Dec 19 6.41pm |
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Originally posted by nead1
I assume the point is that this could be a good model to follow? Personally, I see Parish in a very positive light - just compare the situation in 2010 to 9 years later. If the same progress could be made over the next 9 years the outcome would be potentially amazing. I do more than I used to. And I think if he could attract the right investment into the club that would give him the financial freedom to implement his ambitions for Palace.
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ARGILE OLD GEEZER  PORTIMAO 18 Dec 19 8.46am |
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Originally posted by alffy
Here lies the problem. A sole investor would have more shares than Parish and expect control of the club. Parish has a dug himself and the club in to a hole which I can't see how we can get out, unless Parish walks away...which he won't. Unless Parish and the other share holders want to sell there shares, a sole investor or a consortium couldn't have more than 36%, and that doesn't give them control of the club, of course it would still be their choice to invest/loan or not.
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| bexleydave Barnehurst 18 Dec 19 9.05am |
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Originally posted by ARGILE OLD GEEZER
Unless Parish and the other share holders want to sell there shares, a sole investor or a consortium couldn't have more than 36%, and that doesn't give them control of the club, of course it would still be their choice to invest/loan or not. Whilst Parish has said that the three major shareholders hold 18% each of CPFC2010, that isn't the whole story. The unknown is the structure of the ultimate holding company HOLDCO, about which, as I've already posted, we know very little and, in particular, we don't know who holds what, and in what proportions, or even the full list of directors. As I said in another thread, it really is all smoke and mirrors in Delaware.
Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum) |
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| Painter Croydon 18 Dec 19 11.37am |
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Originally posted by Midlands Eagle
And none will be forthcoming as long as Parish insists on keeping his stake and running the club. No-one is going to pump hundreds of millions into a company that they don't control You don’t have control of the club with an 18% share. The major shareholders, who are blocking any spending on transfer, have the control.
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| Midlands Eagle 18 Dec 19 12.50pm |
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Originally posted by Painter
You don’t have control of the club with an 18% share. The major shareholders, who are blocking any spending on transfer, have the control. I'm not sure what your comment has to do with the post that you quoted. As I have said on more than one occasion anyone thinking of investing hundreds of millions into a football club will want 100% ownership so it's Mr P's reluctance to sell his own equity that is likely to stop any sale
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| mileend East London 18 Dec 19 12.59pm |
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Originally posted by Midlands Eagle
I'm not sure what your comment has to do with the post that you quoted. As I have said on more than one occasion anyone thinking of investing hundreds of millions into a football club will want 100% ownership so it's Mr P's reluctance to sell his own equity that is likely to stop any sale presumably 51% would be technically enough to have a controlling stake and have the decision making power - then the money not spent on the other 49% can be invested into the club
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| Beastie 18 Dec 19 1.17pm |
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Who says Parish hanging onto his shares is an obstacle? No one could possibly know that and in any case, potential billionaire owners would surely want a CEO to manage the running of the club and Parish would be ideal from their perspective and any sensible fans would be a lot more comfortable with him overseeing things.
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