Marshy
Well-known member
of course we are better run than them
The club is a lot more than just the first team. The answer is yes if you take everything on and of the pitch into account.
How much profit did you make last season?It depends on the term better run ? Are you referring to infrastructure or money making?
Bloom has pumped in millions getting you to where you are today, and fair play to him.
But you cannot discount the tens of millions lost in his pursuit of the promise land, and your first season in the PL was the only season you made a profit ( Bloom put in another £30 mill that season as well).
Last season it’s been suggested that you’ll report a £12 mill loss, so are you that well run ?
Palace stayed up. We will see which decision is best.
How much profit did you make last season?
It depends on the term better run ? Are you referring to infrastructure or money making?
Bloom has pumped in millions getting you to where you are today, and fair play to him.
But you cannot discount the tens of millions lost in his pursuit of the promise land, and your first season in the PL was the only season you made a profit ( Bloom put in another £30 mill that season as well).
Last season it’s been suggested that you’ll report a £12 mill loss, so are you that well run ?
I vaguely recall your lot absolutely battering Burnley at Turf Moor in what turned out to be his last game, but ending up with a very amusing, sorry, UNFORTUNATE defeat. So not all the performances were dreadful. 4 games in is nowhere near long enough to judge anyway, there must have been something else going on behind the scenes for him to have been binned off that early. Players probably went grizzling to Disney about something or other I expect.
Did your club get all that up front or is it over a few years? Probably more tax efficient to have it in staged payments I'd have thought?Predicted to be a £30 mill loss.
The Wan Bissaka money came after the prediction, so hopefully that will be included in last seasons figures.
You're going to cop a lot of abuse (simply for being Palace and posting something vaguely unpalatable), but I think there's a degree of truth in what you say. We apparently will post a loss this year and as I said in my earlier post I find that worrying. Yes we've got excuses, but they make us sound like every other struggling club before the begging bowl goes round. Expensive players who didn't deliver? Yes, but we've learned from those mistakes and we won't make those signings again. Severance pay for a former manager and compo for a new one? Ditto. We've got the right guy in charge now so we won't have to pay that again. Backroom staff on massive wages? Gotta have the right people. And if we do, unaccountably, make those mistakes again the PL money will always be there won't it? Just need to go a few more places up the table and everything's cushty. And if the worst comes to the worst and we do get relegated then the chairman can just get his chequebook out again to get us back. Sorted
As it happens I do think we are, overall, a better-run club than you and long-term we are on a better footing than you, but I don't think we're in a position where can gloat about our superiority as if it were set in stone.
It depends on the term better run ? Are you referring to infrastructure or money making?
Bloom has pumped in millions getting you to where you are today, and fair play to him.
But you cannot discount the tens of millions lost in his pursuit of the promise land, and your first season in the PL was the only season you made a profit ( Bloom put in another £30 mill that season as well).
Last season it’s been suggested that you’ll report a £12 mill loss, so are you that well run ?
I know the answer, do you?
The reason I ask, is that I see some parallels between our appointment of Potter and Palace's of Frank de Boer.
Both clubs appointed a manager to change or evolve the way the teams played.
Both managers produced that style of play quite quickly but without the results.
De Boer was sacked after four games, despite the fact the team was creating chances and looking quite good, but ultimately losing all four. A typical tinpot action in my view.
Potter appears to have changed the team style, it is more attractive, but one win in six is not a great haul. Could easily be one in seven soon.
My view is that he needs time, a long time. Why appoint a manager to change the style if you're just going to sack him quickly? Hyppia got half a season when it was clear he was not up to the task much earlier than that. Potter may need much longer before style equates to improved results.
We know we are a better run club than Palace, I'm pretty sure we will prove it by sticking with Potter long term regardless of how long it takes, but doubt he would avoid the sack after a relegation or even a close survival like Hughton?
Okay, that makes sense, but that won't be an accounting loss on the books yet will it? You said the loss last season could be equated to the change in management, I don't think that will be included until the next accounts and isn't a contributing factor in last seasons loss? I could be wrong...
If Potter’s fans are comparing him to Hyppia, I really wouldn’t want to meet his enemies.
And you can knock Palace for many things but generally knowing when to cut a manager loose is probably not one of them[/QUOTE]
This.
The de Boer sacking was the right call.
It also highlighted how close to the knife-edge Palace are constantly running.
The problem they have is that every time they face a risk to their status they spend more ( paying off managers, paying top dollar for players, increasing wages and extending contracts).
Parish is paying top dollar on everything in order to maintain PL status, because they literally cannot afford to fail.
They are already borrowing money based on extended PL status.
Parachute payments won't save them if they fail, because Parish has already gambled that on avoiding relegation.