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

[Baldseagull]

Ownership changes are always of the parent company alone, so it would include everything.

Pretty sure Ron Noades managed to sell the club and keep the stadium.

 

[Weststander]

Pretty sure Ron Noades managed to sell the club and keep the stadium.

There was at least two others too, Charlton, Wrexham?

But the small group structures now, such as ours, have a parent company, with at least two subsidiaries. One owning the stadium/training ground, the other everything else. Only an idiot would spend £100m’s only purchasing the latter. They’d be servile to rent increases and not own the estate. A few bad footballing seasons/transfer deals and their huge investment would be worth zero.

 

[Baldseagull]

There was at least two others too, Charlton, Wrexham?

But the small group structures now, such as ours, have a parent company, with at least two subsidiaries. One owning the stadium/training ground, the other everything else. Only an idiot would spend £100m’s only purchasing the latter. They’d be servile to rent increases and not own the estate. A few bad footballing seasons/transfer deals and their huge investment would be worth zero.

I am almost certain you are correct, but it wouldn't surprise me if the current owners tried it on.
Just made me think actually, is Textor selling Eagle Group Holdings, which includes half of CPFC and his stakes in other clubs, perhaps? That would make a £750M valuation a bit more realistic. Or is it Textor and Beaky, selling all of Smoke and Mirrors, CPFC2010, Selhurst Stadium, and any other companies tied to the football club, as a package?

 

[nicko31]

So £200m for a new stand? You can't polish a turd

So will St Johnson Amb get more than 3p in pound when they're sold?

 

[Weststander]

I am almost certain you are correct, but it wouldn't surprise me if the current owners tried it on.
Just made me think actually, is Textor selling Eagle Group Holdings, which includes half of CPFC and his stakes in other clubs, perhaps? That would make a £750M valuation a bit more realistic. Or is it Textor and Beaky, selling all of Smoke and Mirrors, CPFC2010, Selhurst Stadium, and any other companies tied to the football club, as a package?

Definitely. Tottenham tried to get a colossal investment from a Qatari? fund with Levy/Lewis not relinquishing any true control, but ultimately the state running the fund were switched on. People will try to have their cake and eat it.

 

[Weststander]

I am almost certain you are correct, but it wouldn't surprise me if the current owners tried it on.
Just made me think actually, is Textor selling Eagle Group Holdings, which includes half of CPFC and his stakes in other clubs, perhaps? That would make a £750M valuation a bit more realistic. Or is it Textor and Beaky, selling all of Smoke and Mirrors, CPFC2010, Selhurst Stadium, and any other companies tied to the football club, as a package?

Also, CPFC seem to make all these moves in full public glare, Parish can’t stop talking. The best run clubs deal with big financial moves privately, only announcing signed deals.

PR to appease the whinging fanbase?

 

[B-right-on]

. A few bad footballing seasons/transfer deals and their huge investment would be worth zero.

They already are.

 

[HeaviestTed]

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

Removing the old bits will need to be handled very sensitively, could be full of toxic jank

 

[Stat Brother]

VFM?

 

[A1X]

I’ll give them £4.01 for it and not a penny more

 

[Springal]

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

To be fair the Amex would probably be at least double to build now