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General Palace Discussion General Palace talk - please keep transfer talk in the transfer forum.

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  #1  
Old Yesterday, 03:14 PM
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Palace Finances- Tifo Football

Not sure how many will have seen this video from Tifo. Gives quite a clear breakdown of our current finances and shows the sort of outlay the club have been making relative to the rest of the league. A few interesting points regarding Parish as well

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Old Yesterday, 03:24 PM
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Originally Posted by DaRealMVP View Post
Not sure how many will have seen this video from Tifo. Gives quite a clear breakdown of our current finances and shows the sort of outlay the club have been making relative to the rest of the league. A few interesting points regarding Parish as well

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Done by Kieran Maguire the Weed fan
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Old Yesterday, 03:29 PM
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Originally Posted by DaRealMVP View Post
Not sure how many will have seen this video from Tifo. Gives quite a clear breakdown of our current finances and shows the sort of outlay the club have been making relative to the rest of the league. A few interesting points regarding Parish as well

To view the link you have to Register or Login
Thanks - facinating

Maybe explains why we are unlikely to be big spenders this window - (I think!)
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Old Yesterday, 03:32 PM
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Excellent review and well presented
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Old Yesterday, 04:19 PM
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Explained brilliantly, simply and clearly...but will the 'we must buy big" brigade take note?
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Old Yesterday, 04:23 PM
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Explained brilliantly, simply and clearly...but will the 'we must buy big" brigade take note?
Don’t be daft!
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Old Yesterday, 04:26 PM
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Old Yesterday, 04:27 PM
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Double postage.
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Old Yesterday, 05:58 PM
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Doesnt show Parish in the best light if he really does publicly forgo his bonus but then triple the rent on our offices in Soho
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Old Yesterday, 06:00 PM
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Old Yesterday, 06:06 PM
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Doesnt show Parish in the best light if he really does publicly forgo his bonus but then triple the rent on our offices in Soho

Thought this too. Not saying he shouldn’t receive a fair salary for the work he does, but to pay rent from the company you direct to a company you own? Seems a bit murky but could also be explained by other factors
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Old Yesterday, 06:17 PM
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Doesnt show Parish in the best light if he really does publicly forgo his bonus but then triple the rent on our offices in Soho
I'm not sure whether that is accurate.

2016 Smoke and Mirrors charged £78k but also there was an accrual of £78k. In 2017 £234k was charged but there was no accrual. So surely the accrual was included in the £234k. Subtract that and you get a charge of £156k in 2017. Add the £78k back to 2016 and the charge is the same at £156k.

That seems to make sense as the rental agreement can be terminated with 6 months notice. The accrual related to rental in 2016 but Smoke and Mirrors presumably hadn't invoiced CPFC.
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Old Yesterday, 06:18 PM
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Explained brilliantly, simply and clearly...but will the 'we must buy big" brigade take note?
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Old Yesterday, 06:28 PM
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I'm not sure whether that is accurate.

2016 Smoke and Mirrors charged £78k but also there was an accrual of £78k. In 2017 £234k was charged but there was no accrual. So surely the accrual was included in the £234k. Subtract that and you get a charge of £156k in 2017. Add the £78k back to 2016 and the charge is the same at £156k.

That seems to make sense as the rental agreement can be terminated with 6 months notice. The accrual related to rental in 2016 but Smoke and Mirrors presumably hadn't invoiced CPFC.
Stop talking sense and accounting logic, no place for it here....
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Old Yesterday, 06:28 PM
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Fourth biggest spend and highest spend per income ratio of any team. Should put to bed any lingering accusations about Parish not 'backing' managers and lack of ambition. Unfortunately, it also indicates that the talk of us not being able to spend much recruiting players this season due to FFP is likely accurate. We might have to hope that the sums splashed over the last eighteen months on the squad is enough to see us through until more cash can be legitimately used, perhaps in Jan 2019. It should be.
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Old Yesterday, 06:56 PM
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Well I haven't seen the video yet but surely we can get at least some kind of cam/cm replacement for cabaye/rlc? That will at least tide us over until next may. I actually think we've got (just about) enough in every other position.
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Old Yesterday, 07:38 PM
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Assuming everyone loves PVA the next on the rank is Schlupp no? What is he even anyone know? Sort of good at some things but you have to think never a first team starter with everyone fit. For that he is way too expensive. If we had a buyer at at least what we paid I'd cash him in and use funds in areas where we can actually hurt people. If we are indeed skint this is what is needed. It is all about priorities and I don't make him one at the moment.
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Old Yesterday, 07:47 PM
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Sorry but the thread is going off track. You need to be posting in the Transfer Hotline where there are a couple of threads discussing who we need and who we could possibly sell to raise funds.

To an extent this is a continuation of the CPFC Accounts 2016-17 thread.
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Old Yesterday, 07:49 PM
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TifoFootball is a cracking channel, and thought this video was quite good.
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Old Yesterday, 07:56 PM
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I don't care about the accounts! SPEND SPEND SPEND!
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