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

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  #121  
Old 09-03-2019, 10:02 AM
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Originally Posted by LuieJack View Post
The news of our major shareholders wanting to sell up is a major blow to any progress in strengthening the team we may have had planned for the summer, with the likelyhood of player asset stripping with Zaha and AWB high on the list with possibly high wage earners like Benteke, Wickham, Sakho and Townsend moved on. Also for sure its likely any Stadium improvements will have suffered a blow and put on the backburner for the foreseeable future until new owners are found and in place, unfortunately like it or not these can/will be worrying times just when we seem to have stability with a good manager also the team starting to take shape and appearing to be making progress.
Clearly our American partners have become disillusioned/impatient by many factors like the Stadium's improvements programme constantly hitting a brick wall with objections from many directions and very little co-operation, maybe also in their eyes the club Not progressing in the league at the speed they would have been expecting, as most of these American go getter owners expect their wishes to happen at the click of their fingers, without realising it is Not the British way of conducting business.
If we are wishing for a Father Christmas to come along then how about Jim Ratcliffe a British multi billionaire who looked at buying out Chelsea not so long ago and who also loves football, he would be the heaven sent owner we crave for, and simply leave Parish in charge of the day to day running of the club. I can dream? Oh Well.
Was that post written in Assumption City??
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  #122  
Old 09-03-2019, 10:29 AM
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At last a chance for the HRPs and Penstones of the world to step up and show us how to run a club properly. I'm sure they're creating a consortium as we speak, along with their financial advisor, Glaziers Fan.
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  #123  
Old 09-03-2019, 10:38 AM
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Originally Posted by Great Lombardi View Post
Was that post written in Assumption City??
To be fair there's some reasonable assumptions there. Players with ambition don't normally stay at selling clubs so if we do sell AWB and/or Wilf if will be difficult to hang on to the rest of our best players.

You also have to look at the average age of our squad, there's not many players under 27, meaning their transfer values will be gradually reducing. The Americans will be looking at this with some trepidation.
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  #124  
Old 09-03-2019, 10:45 AM
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Originally Posted by old traf View Post
Seems nobody is too sure who has what amount of shares, it must be recorded at Company House, i always understood it was 18% each for Parish and the Yanks, the other 46% owned by the original gang.
I thought that the remaining 46% is shared out between the original gang And smaller American investors who came in along with Blitzer and Harris.
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  #125  
Old 09-03-2019, 10:49 AM
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Originally Posted by Golf Boy View Post
How is it that the big 6 can overspend massively but others canít? Why doesnít ffp hitthem?
Maybe because Man United's turnover is some 5 times greater than ours.
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  #126  
Old 09-03-2019, 10:57 AM
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Originally Posted by Johnny Byrne View Post
Best news today. Hopefully we will get proactive Palace loving owners buying the Yanks out ... Steve, Jeremy where are you???
We need people with the money to take us forward. Sadly that is not the above.
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  #127  
Old 09-03-2019, 10:58 AM
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Other way to look at this is that it's a great time for an investor to come in and acquire a properly established premier League club with a huge fan base on the outskirts of London.

With some investment, Palace is a very attractive proposition given its locale and the future growth of the stadium already in the offing.
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  #128  
Old 09-03-2019, 11:02 AM
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Exactly having the previous owners back on board would be a nightmare
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  #129  
Old 09-03-2019, 11:10 AM
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  #130  
Old 09-03-2019, 11:25 AM
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Quote:
Originally Posted by LuieJack View Post
Clearly our American partners have become disillusioned/impatient by many factors like the Stadium's improvements programme constantly hitting a brick wall with objections from many directions and very little co-operation, maybe also in their eyes the club Not progressing in the league at the speed they would have been expecting, as most of these American go getter owners expect their wishes to happen at the click of their fingers, without realising it is Not the British way of conducting business.
Clearly?

Youíve come up with all that on the basis of what exactly?
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  #131  
Old 09-03-2019, 12:12 PM
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I suppose if we want a £500mill state of the art stadium and not too far from Selhurst I reckon we are going to have to bite the bullet and sell to the usual likely foreign billionaire with more money than sense.

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  #132  
Old 09-03-2019, 01:15 PM
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Quote:
Originally Posted by Yogya View Post
Jim Ratcliffe is a hard nosed business man who is in the process of devising a scheme to legally avoid 4bn in tax. What makes you think he will not be hard nosed business man when it comes to investing in Palace?
Nearly every premiership club is owned by businessmen these days, even with the hefty outlay they are still able to make a healthy annual profit, you have to remember these guys see it as small change and more of a hobby.
As for investing in Palace why not? he enjoys football and was very keen on buying Chelsea, and as for buying Palace it would cost a fraction in comparisson to purchase, so why not?
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  #133  
Old 09-03-2019, 01:21 PM
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Originally Posted by Blind_Eagle View Post
Clearly?

Youíve come up with all that on the basis of what exactly?
It's as good a reason as any, so why else do You think they would want to sell up? could it be that it has not panned out as they expected leaves only one alternative.
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  #134  
Old 09-03-2019, 01:27 PM
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Originally Posted by Great Lombardi View Post
Was that post written in Assumption City??
It can only be based on Assumption as NONE of us are priveleged to inside information to be able to state it as a fact. So what would your view be on the Americans wanting to sell up? other than it has not gone as they would have hoped for.
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  #135  
Old 09-03-2019, 02:25 PM
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Pretty good time to sell from their viewpoint IMO.
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  #136  
Old 09-03-2019, 02:27 PM
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I don't blame them
What a load of shit
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  #137  
Old 09-03-2019, 02:48 PM
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Not Jeremyís it isnít .
100 million is nought these days
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  #138  
Old 09-03-2019, 04:00 PM
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Guessing this puts the stand back a few years. Otherwise I have no idea if itís good or bad. They must either believe Palace wonít get any more valuable or fed up with not being able to make greater strides and therefore profit.
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  #139  
Old 09-03-2019, 04:02 PM
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Quote:
Originally Posted by Billy Rhino View Post
At last a chance for the HRPs and Penstones of the world to step up and show us how to run a club properly. I'm sure they're creating a consortium as we speak, along with their financial advisor, Glaziers Fan.
Well said. As we have experts all over the BBS it's nothing to worry about.
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  #140  
Old 09-03-2019, 06:52 PM
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I'm having trouble separating investment in the club with the Harris and Blitzer selling their share, and reading this thread I don't think I'm alone.

The way I see it, and I might have this totally wrong, these are two totally different scenarios.

If you own a house with a couple of mates, say 3 of you own 33.3% each, and one wants out. There seems a choice, he can sell his 33.3% share to someone else, or the remaining two can by him out based on the current value of the house. The first scenario is what I see happening here.

At no time is the value of the house changed by the actions of the investors. The 3 lads bought the house for 300K with each putting in 100K. The house is now worth 600K, so the leaving partner would be looking for 200K for his share. During his time as a partner, he may have invested 25K for home improvements, which helped the value of the house go up, but he is not going to ask for that 25K back as it has contributed to his double his initial 100K investment.

The new investor is "gambling" that the house value goes up to 900K in the next few years, and his 200K investment in 33.3% of the house will be worth 300K.

Am I over simplifying this?
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