Palace about to be taken over by Yanks

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Sheebo

Well-known member
Jul 13, 2003
29,319
There should be a FFP rule that any administration cheats shouldn't be allowed any revenue streams apart from ticket sales and merchandise :thumbsup:
 




jay d

jay d n coke
Nov 16, 2014
833
brighton
They will ruin the club, they have no idea of the passion that fans have at football. They don't even call it football.
crystal palace soccer club. :thumbsup:
 


seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,946
Crap Town
The Always Ultras will have to Americanize all their chants ("Lets Go Defense"/"Come On You Red And Blues , Lets See You Really Lose") :lolol:
 


Se20

Banned
Oct 3, 2012
3,981
There should be a FFP rule that any administration cheats shouldn't be allowed any revenue streams apart from ticket sales and merchandise :thumbsup:

It was only a matter of time ... :rolleyes:
 








Drumstick

NORTHSTANDER
Jul 19, 2003
6,958
Peacehaven
London Red + Blue Socks Soccer Club at the Wall Mart Bargain Bowl.

Free corn dog with each ticket!

You suck, You suck, You suck!
 








Goldstone1976

We Got Calde in!!
Helpful Moderator
NSC Patron
Apr 30, 2013
14,124
Herts
2 Big US PE houses actively involved in a take-over approach for a business that is in an industry that's just announced a £5Bn deal? That's going to go just fine. :lolol:
 






maltaseagull

Well-known member
Feb 25, 2009
13,361
Zabbar- Malta
That's one of the main reasons botty , to get the finance required to re develope selhurst . You never know we might have padded seats soon :)

That will destroy the atmosphere then! Look what happened to us :)
 


Dougie

Well-known member
Jan 11, 2012
5,812
The proposed £90m takeover of Crystal Palace appears to be nearing completion, with a group of American investors led by Josh Harris reportedly in “late-stage discussions” with the Premier League side.

Harris, who bought the NBA franchise Philadelphia 76ers in 2011 and the NHL side New Jersey Devils alongside his partner David Blitzer in 2013, has been interested in purchasing an English football club for some time and first held talks with Palace’s owners, CPFC 2010, during last year’s pre-season tour of America.

A report in the Financial Times on Friday suggested that the deal is now close to being completed, with a group of private equity executives from Harris’s capital investment firm Apollo Global Management and Blackstone, the world’s largest private equity firm, hopeful that the deal could be signed in the next few days. Palace declined to comment when approached on Friday.

However, it is understood that Harris – who is worth a reported $2.6bn, according to Forbes – and Blitzer would take a majority shareholding, with the current co-owner Steve Parish reducing his stake to 15% and the other three partners in CPFC 2010 reducing theirs to 5%. A further group of seven investors – the US businessmen David Novak, Bret Pearlman, Marc Leder, Arthur Wrubel, Anthony Ignaczak, Rodgers Krouse and Matthew Hulsizer – will also take a share in the club.

It sounds interesting all this , rumour has it their combined wealth equals that of tony blooms :thumbsup:
 
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Dougie

Well-known member
Jan 11, 2012
5,812
Only doing what i suspect Tony would do in the same circumstance

^
This . If we keep steve in charge this isn't the worst takeover that's been mooted . I'm still nervous but that's only natural with our past but I trust the 4 owners 100% .
 




Se20

Banned
Oct 3, 2012
3,981
The proposed £90m takeover of Crystal Palace appears to be nearing completion, with a group of American investors led by Josh Harris reportedly in “late-stage discussions” with the Premier League side.

Harris, who bought the NBA franchise Philadelphia 76ers in 2011 and the NHL side New Jersey Devils alongside his partner David Blitzer in 2013, has been interested in purchasing an English football club for some time and first held talks with Palace’s owners, CPFC 2010, during last year’s pre-season tour of America.

A report in the Financial Times on Friday suggested that the deal is now close to being completed, with a group of private equity executives from Harris’s capital investment firm Apollo Global Management and Blackstone, the world’s largest private equity firm, hopeful that the deal could be signed in the next few days. Palace declined to comment when approached on Friday.

However, it is understood that Harris – who is worth a reported $2.6bn, according to Forbes – and Blitzer would take a majority shareholding, with the current co-owner Steve Parish reducing his stake to 15% and the other three partners in CPFC 2010 reducing theirs to 5%. A further group of seven investors – the US businessmen David Novak, Bret Pearlman, Marc Leder, Arthur Wrubel, Anthony Ignaczak, Rodgers Krouse and Matthew Hulsizer – will also take a share in the club.

It sounds interesting all this , rumour has it their combined wealth equals that of tony blooms :thumbsup:

Nearly as much as TB's wealth ???
I thought he was a multi billionaire ? Maybe we can build a hotel as well ?
We could call it " Across the ( Thornton Heath) Pond "?
 


Hampster Gull

Well-known member
Dec 22, 2010
13,465
^
This . If we keep steve in charge this isn't the worst takeover that's been mooted . I'm still nervous but that's only natural with our past but I trust the 4 owners 100% .

Foolish to trust them 100%. They are in it for themselves not you or Palace. It is likely though that you might do well out of this, although another move to soullessness.
 




Dougie

Well-known member
Jan 11, 2012
5,812
Foolish to trust them 100%. They are in it for themselves not you or Palace. It is likely though that you might do well out of this, although another move to soullessness.

It's not foolish at all , how do you know they're in it for themselves ? If that was the case they would have sold the club for a lot of money and walked away ( assuming we get sold ) . They are staying put so that says a lot to me .
 




Feb 14, 2010
4,932
Cheer leaders, goal music, drums, over excited goal announcers, flying Eagles, fans who dont turn up unless they are successful. American owners are a perfect fit. As for the Albion, well as usual we will be a well supported club knocking around the lower leagues with absolutely no ambition. Nothing changes.
 




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