Is there a possibility that any potential transfer funds will be pulled from the main stand budget?

This was supposedly "ring fenced" & set aside but the yanks clearly want to sell up. There was an interview recently with Josh Harris where he didn't mention Palace once (but mentioned other sporting franchises he owns).

Of course, both Harris & Blitzer still won't want to put their investment at risk & they'll know that probably requires investment in the squad. So perhaps, considering the issues with Sainsburys' & the fact we still haven't got started with the main stand, the club will simply dip into the "ring fenced" budget for the (alledged) 50m & wait for an eventual takeover before cracking on with the stadium again.

We're the Arthur over ere!

I take your point but if they fail to invest, we fail to find a buyer in time, and we're relegated as a result, they're set to lose a significant amount of money. It's also curious that the 50m cited is exactly the same as the amount they pledged for the stadium. It was reported at the time they took over that the 50m for the stadium was an "initial cash injection", whether that actually went into the club or not, who knows.

It's a shame it hasn't worked out with the Americans. If they were owners who genuinely wanted to take Palace forward, they do have the funds to do it. I guess if we started challenging for Europe, they may want to stick around.

Edited by Mstrobez (24 May 2021 8.21am)

We're the Arthur over ere!

EFA

COYP

We did up the fence ringing the ground. Lick of paint, took some of the rust off. Money was spent and nothing misleading was said.

Red and Blue Army!

Did anybody really think based on an expensive model in his office and a conceptual video that "Parish's Folly" was ever really going to happen.

It was a distractive issue and worked as such for a while.

Please refer to my signature.

Expanding on this, if we remain a stable lower half of the table team, if we expand the capacity by say 10,000 seats, do we believe there are 10,000 people chomping at the bit to shell out say 700 a season ticket . That would generate gross 7,000,000 a year, maybe the basic salary of two decent players.

I believe with the likely shift in working patterns post covid the demand for some kind of conference centre needs to be reconsidered.

The only way I can see us getting any new stadium upgrade is to be bought by a mega rich outfit and the stadium is part of an overall humongous spend.

Interested for anyone who understands the economics of this to put forward the financial case for the proposed stadium expansion.

Edited by HKOwen (25 May 2021 5.48am)

Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance.

All the responses so far do beg the question then - where is this alleged transfer budget?

We're the Arthur over ere!