[Football] Chrystal Palace for sale. £750 million valuation apparently:

[Acker79]

Are they valuing it on the basis of actually being paid 10p in the pound, and that they're actually after £75m?

 

[Triggaaar]

Are they valuing it on the basis of actually being paid 10p in the pound, and that they're actually after £75m?

I think it was 2p in the pound

 

[OzMike]

I just saw the 750 pounds bit at a glance and thought that was too much !

 

[Garry Nelson's Left Foot]

Maybe the 750million evaluation is based on the tried and tested, patented Palace 10p in the pound payment method?

 

[sparkie]

£750 million seems a shade high.

 

[Mancgull]

£170m to rebuild a stand just shows that £100m to build the Amex was great value.

 

[A1X]

Should we have a whip round?

 

[bWize]

£170m to rebuild a stand just shows that £100m to build the Amex was great value.

It certainly highlights how high inflation has risen

 

[abc]

Can someone (who knows how) put Palace on e bay please?

 

[Neville's Breakfast]

It certainly highlights how high inflation has risen

General inflation was barely anything until a couple of years ago. More specifically it highlights how much of a rip off any building project has become. Or it may highlight how attractive the PL is to anybody needing money laundering.

 

[PeterT]

Maybe the valuation is based on this? But I think they meant the other Crystal Palace:

Boris unveils £500m plan to rebuild Crystal Palace

Mayor says redevelopment backed by Chinese billionaire will see the Victorian Crystal Palace 'rise again'

www.building.co.uk

 

[Baldseagull]

At a complete guess, something like:

Stadium and land, £50m
Training ground and land, £40m
Players, £200m
Premier League place, £300m
The rest - just like my figures - pulled out of their arse.

Not sure quite how it works, but Selhurst Park is an asset of a separate company to CPFC2010 I believe, so not sure if its included in the £750M valuation.

 

[Cheshire Cat]

Caravans aren't cheap enough these days.

 

[A mex eyecan]

Can someone (who knows how) put Palace on e bay please?

if it did sell they wouldn’t deliver

 

[Baldrick]

The decimal point is in the wrong place. Palace are probaly worth no more than £7.50 and the team worth no more than £5

 

[Questions]

Its an article to attract the elite in Vietnam.

750,000,000 dongs

Nah, they don’t have that many fans.

 

[Easy 10]

Its like a prospective buyer turning up to view a used Yugo Zastava on the market for £10k, with a dodgy spiv floating around singing its praises. "Lovely little runner mate, spent nuffin on it for ten years and its still chugging along". Then he'll view the rusted chassis, the chipped paintwork, notice the organic musty odours wafting up from the deeply stained upholstery. Then he'll give a tyre a kick, a wing mirror will fall off, and he'll shuffle off back to the Exchange & Mart.

 

[Hometownglory]

It's probably just smoke and mirrors trying to keep their fans quiet and to show that they are actively trying to raise investment.
Beaky's vision was looking at the West Stand and thinking, I want one! They always roll out the new stand blueprints when the natives are restless.

 

[Klaas]

The club have obtained planning permission for a £150million expansion of the main stand, with building work due to start later this year,

I've heard that before now where was it.

Oh yes, here

View attachment 173993

That pitch is very, er, square.

 

[bluenitsuj]

If this is an auction, I'll start the bid with a cautious 2p.

I'm out!!