And this is before the new TV deal kicks in.
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Palace make £23 million profit from first season in PL
- Thread starter El Presidente
- Start date
SteveTheSeagull
I AM A CRIPPLED ALICE FAN
- Feb 14, 2015
- 458
Blue Valkyrie
Not seen such Bravery!
Sort it out Tony.
Invest substantially in the summer, and use the same FFP dodges as the other teams.
A 23 million profit is better than an annual 7-8 million loss.
Invest substantially in the summer, and use the same FFP dodges as the other teams.
A 23 million profit is better than an annual 7-8 million loss.
KZNSeagull
Well-known member
Blimey. They have done well. Sadly.
Any news on the QPR accounts yet? ie have they been ratified by the FL?
Maybe they can use some of that cash to do up that pothole of a ground.
I think they should pay back the St Johns Ambulance and other local businesses they absolutely fleeced over the past decade before they do that, don't you?
- Thread starter
- #7
Nothing as yet. Expect a bit more brinkmanship from Fernandes.
This is the new TV deal - it only started last season.
We'll have to wait a few years for the new new deal to kick in.
We'll have to wait a few years for the new new deal to kick in.
SI 4 BHA
Active member
Or to put it another way, their profit is just about equal to our entire turnover!!
Return of the Makh
New member
- May 11, 2014
- 617
Surprised it took you that long to reply.
Although probably not as surprised as I am to see you posting on a Brighton message board, just 5 minutes after the thread was posted.
Return of the Makh
New member
- May 11, 2014
- 617
Just a coincidence, on lunch so thought i'd pop over.
SteveTheSeagull
I AM A CRIPPLED ALICE FAN
- Feb 14, 2015
- 458
Haven't thought of it like that. You're right.
CPFC G
New member
- Dec 24, 2011
- 1,067
Decent set of figures from what has come out so far, Well done CPFC2010.
I wouldn't expect the same sort of profits going forward though as we try and establish ourselves in the top flight, The wage bill will go up 20-30% at least. Although if we are hang around for another couple of seasons we will start to be enriched by the even bigger deal in 2016/17.
Good times
I wouldn't expect the same sort of profits going forward though as we try and establish ourselves in the top flight, The wage bill will go up 20-30% at least. Although if we are hang around for another couple of seasons we will start to be enriched by the even bigger deal in 2016/17.
Good times
Why? It's what most of us think.
Icy Gull
Back on the rollercoaster
- Jul 5, 2003
- 72,015
Can't help thinking that TB ****ed up big time spending the money on extra seats when he should have spent it on the team when we were actually going for promotion..
I did say this at the time on here so it's not great hindsight either.
We could quite easily have been in the position Palace are now in.
I did say this at the time on here so it's not great hindsight either.
We could quite easily have been in the position Palace are now in.
Albion Robster
Well-known member
- Jun 27, 2012
- 14,619
This isn't what Palace did to get promoted though was it ?
Spent less than us in 2012/13.
Gazwag
5 millionth post poster
Who's to say with Gus at the helm we would still be there though, we could now be a Wigan with a dim future ahead
- Jun 27, 2012
- 14,619
We could ...but by spending more money ? Palace didn't. Burnley didn't.
TB has provided the funds for players, far more than Parish and co and we've spent more on wages/fees than most of the other Champ clubs (without parachute payments) in the last 3 seasons including this year.
But it doesn't always follow, as this summer /season proved that promotion swiftly follows.
Perhaps if Barnes hadn't hit the crossbar.