Palace make £23 million profit from first season in PL

[Tony Meolas Loan Spell]

Perhaps if we had had a different manager. One who didn't fall back on caution all the time. One who wasn't so happy to see the ball rolled tediously up and down the backline, boring everyone to death. One who would have recognised, that within the ranks, was a matchwinner, who, unleashed a little bit more, would have won us more points. One who, when his team was totally in control of the first leg play-off semi, would have gone for the jugular instead of withdrawing and protecting a draw. One who would have changed strategy for the second leg and been pro-active, rather than let the game drift to the inevitable point where the opposition wrested the initiative away and wanted it more.
If you look at the whole season, it was an under-achievement in not steering that group of players to automatic promotion. Enough extra points should have been gleaned over 46 games to ensure a top two place. Ultimately, as recent events at Sunderland have proved, it turned out that our manager at the time was not as good as he thought he was.

Is the right answer. 100% agree

Yes we had a few champagne moments Vicentes wonderstuff v Pompey and the smashing of Blackpool but there was also the (usual) one up front nonsense at home against teams that were really shit. We blew it that year. People will say blah blah Barnes miss in the PO semi but facts remain we really should have had automatic that season.

 

[Stat Brother]

As others have said, commenting about this negatively just sounds like little snot nosed school kids whinging and whining because he's got an X-Box or she's got a pony.

When this is just the simple fact of what promotion brings, to a club that can be slightly less shit than 5 or 6 other really shit clubs.

Woman-up people, get on with supporting the Albion, palace are a complete irrelevance to us for at least 18 months, quite possibly considerably longer.

 

[Bombadier Botty]

In a rather curious way, I don't actually begrudge them that.

They earned it, from looking like relegation candidates at the beginning of "that" season they climbed the League, made the play offs, beat us and won at Wembley.

Bragging rights for years.

This. 'Better Palace Than a Plastic' as the saying goes.

 

[Stat Brother]

Is the right answer. 100% agree

Yes we had a few champagne moments Vicentes wonderstuff v Pompey and the smashing of Blackpool but there was also the (usual) one up front nonsense at home against teams that were really shit. We blew it that year. People will say blah blah Barnes miss in the PO semi but facts remain we really should have had automatic that season.

From a memory that isn't rosy-specced, Gus played most of that season with the 'hand-brake' on packing the midfield with holding players, even playing Barnes as a non attacking holding left winger.

We got to the play-offs with an unprecedented late season run of victories, while most teams in the hunt choked.

A little consistency and attacking intent from August to February thinking might have been different.
But I guess that's the same mantra of at least 20 other sides.

 

[Deleted member 22389]

We are in the right place with the infrastructure. I have a good feeling about next season. Looking forward to tomorrow.

 

[Blue Valkyrie]

Palace, Burnley, Blackpool. This season luck for the likes of Bournemouth, Watford, Brentford. Seem to be an awful lot of clubs that are trying to go up by a route other than spending someone else's money.

Yes, well Bournemouth must surely be FFP-busting, with the russian's money, THIS season ( we'll find out next year ) and Watford are Udinese B, so have found their own solution.

I'd be a lot happier not having a strategy that relied on fluking it.

I am really struggling with the attractiveness of an ongoing 7-8 million annual debt and trusting to luck, against a 23 million profit.

 

[Bwian]

Yes because instead of having one massive sugar daddy putting us into over £130m worth of debt we had a professional loanshark who put us into administration when owed £5m. Remind me when are Brighton paying off Uncle Tony? Oh yes they're not and never will do and eventually he will convert that debt into equity. If we really want to look into honest dealings then your rise up the championship was hardly organic was it? Instead it was all paid for by TB. How does that make you any different to the likes of Man City, Chelsea or any other club who spends money that they don't have?

I don't want people to take my comments the wrong way either. Personally, I would like to see our owners remunerate the people that lost money under Jordan and possibly even those under Goldberg but the fact is our gang of four paid for a club in administration bobbing consistently around the edge of the relegation zone and did so because they were able to get creditors to agree to a sum of a penny in a pound. Is it right? No I suspect not but under the same concept is it fair to other clubs for Brighton to receive a £100m stadium and £30m training ground/academy that they themselves couldn't afford to buy? At least under CPFC2010 the growth and success this time around has been organic. The club is (currently) sustainable under its own income.

Stop comparing a life-long fan's investment with screwing the likes of St John Ambulance.

As for being like Chelsea and Man City-how did you come to that comparison. Those 2 clubs had inward investment from people who would have been hard pressed to find their respective clubs' grounds on a map. Tony Bloom and his family have been associated with BHAFC for decades. Tony Bloom was simply rebuilding the club from the ground up after we were left up shit creek by a couple of scumbag businessmen. Ironic that you think your success has been achieved 'organically'. How the feck do you come to that conclusion? CPFC 2010 paid next to nothing for a club and its ground and have not cleared any of its past debts. Hardly organic is it? I guess 'organically' means different things in Croydon.

 

[seagullsovergrimsby]

Yup, the constant references to administration sound a bit desperate when

(a) there have been 59 instances of clubs going into admin in the past, and
(b) the Albion had an informal agreement with their creditors in which they did not pay all that was owed to them. The only reason why an administrator wasn't appointed was because there were no assets to sell. We're not whiter than white.

Our situation was so dire that a successful winding up order would have seen the club liquidated. As FBS would say "We've come a long , long way together , through the hard times and the good" and as Dick Knight would say "From the gutter to the stars".

 

[COYP]

Yes, well Bournemouth must surely be FFP-busting THIS season ( we'll find out next year ) - and incidently spending someone else's money [ the russian ] - and Watford are Udinese B, so have found their own solution.

I'd be a lot happier not having a strategy that relied on fluking it.

I am really struggling with the attractiveness of an ongoing 7-8 million annual debt and trusting to luck, against a 23 million profit.

You owe £130m and rising to Tony Bloom so how exactly are you not spending someone else's money? None of you have been able to answer this question yet.

 

[El Presidente]

Yes, well Bournemouth must surely be FFP-busting THIS season ( we'll find out next year ) and Watford are Udinese B, so have found their own solution.

I'd be a lot happier not having a strategy that relied on fluking it.

I am really struggling with the attractiveness of an ongoing 7-8 million annual debt and trusting to luck, against a 23 million profit.

1: No evidence to support Bournemouth breaking FFP, especially as they have £6.25 million from the Lallana sale to add to the coffers.
2: Udinese are 12th in Serie A. Their reserves can't be THAT good compared to Championship clubs, given that Udinese had a wage bill of €21million (£16 million) which is lower than that of the Albion.

 

[Blue Valkyrie]

You owe £130m and rising to Tony Bloom so how exactly are you not spending someone else's money? None of you have been able to answer this question yet.

Eh? I never said we weren't spending someone else's money.

 

[El Presidente]

Stop comparing a life-long fan's investment with screwing the likes of St John Ambulance.

As for being like Chelsea and Man City-how did you come to that comparison. Those 2 clubs had inward investment from people who would have been hard pressed to find their respective clubs' grounds on a map. Tony Bloom and his family have been associated with BHAFC for decades. Tony Bloom was simply rebuilding the club from the ground up after we were left up shit creek by a couple of scumbag businessmen. Ironic that you think your success has been achieved 'organically'. How the feck do you come to that conclusion? CPFC 2010 paid next to nothing for a club and its ground and have not cleared any of its past debts. Hardly organic is it? I guess 'organically' means different things in Croydon.

Tony Bloom didn't pay up the Albion creditors who agreed to a settlement either though.

 

[Bwian]

]Yes because instead of having one massive sugar daddy putting us into over £130m worth of debt [/B]we had a professional loanshark who put us into administration when owed £5m. Remind me when are Brighton paying off Uncle Tony? Oh yes they're not and never will do and eventually he will convert that debt into equity. If we really want to look into honest dealings then your rise up the championship was hardly organic was it? Instead it was all paid for by TB. How does that make you any different to the likes of Man City, Chelsea or any other club who spends money that they don't have?

I don't want people to take my comments the wrong way either. Personally, I would like to see our owners remunerate the people that lost money under Jordan and possibly even those under Goldberg but the fact is our gang of four paid for a club in administration bobbing consistently around the edge of the relegation zone and did so because they were able to get creditors to agree to a sum of a penny in a pound. Is it right? No I suspect not but under the same concept is it fair to other clubs for Brighton to receive a £100m stadium and £30m training ground/academy that they themselves couldn't afford to buy? At least under CPFC2010 the growth and success this time around has been organic. The club is (currently) sustainable under its own income.

You are not very well informed are you? The debt is to ONE man who has always said that he would like the money back at some point but if the club isn't in a position to do so then yes, the debt will convert into shares. The plan was always long term with TB not anticipating any payments for many years. No other companies will be screwed by BHAFC. It's not really a debt like the ones you lot wrote off is it?

 

[Blue Valkyrie]

I'd be very surprised if Bournemouth don't fail FFP when this years accounts are out.

They were prepared to spend 5million+ on that Birmingham player that Liverpool were interested in. If they were really interested in FFP, who were they going to sell ? To me this suggests FFP isn't a priority.

 

[Superphil]

and Watford are Udinese B, so have found their own solution.
.

I'm really not sure how a very average, non-acheiving, middling Serie A sides unwanted reserve players can be seen as that beneficial to a challenge in the Championship.

 

[Bwian]

You owe £130m and rising to Tony Bloom so how exactly are you not spending someone else's money? None of you have been able to answer this question yet.

Tony Bloom OWNS BHAFC. He is spending HIS money on the business he owns-his football club and associated businesses. Is it really that difficult for you to understand? it isn't 'somebody eles's money.

 

[Stat Brother]

1: No evidence to support Bournemouth breaking FFP, especially as they have £6.25 million from the Lallana sale to add to the coffers.

The principle of reinvesting all money generated in the transfer market, in further transfer market purchases, is lost on so many NSC'ers.


Although I don't actually blame anyone for not understanding such an alien concept.

 

[COYP]

Stop comparing a life-long fan's investment with screwing the likes of St John Ambulance.

As for being like Chelsea and Man City-how did you come to that comparison. Those 2 clubs had inward investment from people who would have been hard pressed to find their respective clubs' grounds on a map. Tony Bloom and his family have been associated with BHAFC for decades. Tony Bloom was simply rebuilding the club from the ground up after we were left up shit creek by a couple of scumbag businessmen. Ironic that you think your success has been achieved 'organically'. How the feck do you come to that conclusion? CPFC 2010 paid next to nothing for a club and its ground and have not cleared any of its past debts. Hardly organic is it? I guess 'organically' means different things in Croydon.

Remind me Bwian. Owing a rich gambler £130m is 'being built from the ground up' and organic is it? Yes you had a couple of scumbag business men. Just like we had a truly inept one and one who got in hock with a professional loanshark. Looking past the rivalry for a second I have a lot of respect for the fans of Brighton just like you should for the fans of Palace who marched on RBS and who gathered together the cash to make sure that St John's were paid (though I notice how you lot always forget to mention that part). Your club aren't whiter than white and we sure as hell aren't.

 

[El Presidente]

From a memory that isn't rosy-specced, Gus played most of that season with the 'hand-brake' on packing the midfield with holding players, even playing Barnes as a non attacking holding left winger.

We got to the play-offs with an unprecedented late season run of victories, while most teams in the hunt choked.

A little consistency and attacking intent from August to February thinking might have been different.
But I guess that's the same mantra of at least 20 other sides.

If we had signed Ulloa in the summer instead of January, if Gary Dicker hadn't broken Will Hoskins' leg and the Murray-Hoskins swap deal had gone through, if Dean Hammond hadn't headed straight at Speroni from six yards at Selhurst, if Murray hadn't done his cruciate in the first leg leading to Zaha playing a more forward role at the Amex, if the referee at Bolton hadn't fallen over and tried to save face by blaming it on Barnes, if Bruno hadn't gone to sleep in the first match of the season in the last couple of minutes and cost us one point and given them an extra two......

 

[chaileyjem]

I'm really not sure how a very average, non-acheiving, middling Serie A sides unwanted reserve players can be seen as that beneficial to a challenge in the Championship.

Those 17 goals from season long loanee Odion Ighalo (sort of a Udinese player although he never really plays for them) have been quite helpful though haven't they.