[Football] Palace’s Accounts

[bobbysmith01]

Think the simple maths are, who would rather have at the helm of the your club, Parish or Bloom?, think even Palace would rather someone that puts over £300 million in or someone who 'takes' 3 million rent and fails to deliver on his promises, that's Palace fans view by the way.


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[Uh_huh_him]

Think the simple maths are, who would rather have at the helm of the your club, Parish or Bloom?, think even Palace would rather someone that puts over £300 million in or someone who 'takes' 3 million rent and fails to deliver on his promises, that's Palace fans view by the way.


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It would be interesting to know, how much he put in to save the club in 2010, compared to how much he has taken out since.

 

[bobbysmith01]

No idea, think there was some other bloke, who I met once at business evening, who names escapes me, but seemed a really nice man and good sense of humour, who was part of the Cpfc2010 rescue package. All I know is a lot of Palace can't stand him for his 'lies' and false promises. One of my ex colleagues will never go again, as he was one of the people turfed out of his seat for the hooded Virgins. He showed me the email explaining move, it was quite sad to treat his 33 years of support with that amount of contempt.


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[Uh_huh_him]

Looking at all these numbers, it all seems so incredibly fragile. Not just for Palace but for most PL teams in general. The AWB money enabled them to get in to profit but they won’t get that kind of slug of money every year. Match day revenue is going to be reduced for sometime now. Got to wonder if all clubs will survive in the medium term.

And how on earth do clubs survive with relegation and the subsequent loss of 80% of their income (mainly TV)?

I'm guessing we are looking at a matchday revenue drop of £3-4m this season and possibly £4-5 next. Palace will be similar.
I don't know whether TV revenue will be reduced too. Possibly not if all games are being televised.

It's certainly a big enough hole, but not insurmountable.
Across the rest of the pyramid though, it will be devastating.

Hopefully the premier league and FA will do something about it.
I can see parachute payments being drastically reduced and the money being reused and spread out across the football league.

 

[El Presidente]

I'm guessing we are looking at a matchday revenue drop of £3-4m this season and possibly £4-5 next. Palace will be similar.
I don't know whether TV revenue will be reduced too. Possibly not if all games are being televised.

It's certainly a big enough hole, but not insurmountable.
Across the rest of the pyramid though, it will be devastating.

Hopefully the premier league and FA will do something about it.
I can see parachute payments being drastically reduced and the money being reused and spread out across the football league.

TV money will go down automatically because the likes of John Henry at Liverpool and Levy at Spurs forced through changes to the way that overseas TV rights are distributed. Previously they were split evenly between all 20 clubs. Now that overseas monies equal those of the Sky/BT deal the big clubs threatened to form the 'superleague' unless they were given a bigger share. So now a proportion of the overseas money is based on final league position.

John Henry, who had zero involvement with 'soccer' before buying Liverpool in 2011 has complained that his team only want a 'fair' share and shouldn't have to subsidise competitors. His knowledge of Liverpool's history and heritage is zero, as he ignores that these 'competitors' include the likes of Chester (where Liverpool signed Ian Rush) Scunthorpe (Keegan and Ray Clemence) Lincoln City (Phil Neal) etc.

Henry's view is that Liverpool 'only' have twice the amount of TV income as the likes of Palace and the Albion and that fairness would be achieved if those differences (which still amount to over £100 million) were in similar multiples to those of commercial and matchday income.

 

[LlcoolJ]

It’s not perplexing at all.

It’s also hard to disagree with any of your reply, I’ve always been impressed with what he’s done for your club.

My question, was querying whether relying on such generosity is actually sustainable (And while I’m on here, apologies to LlcoolJ for that cider infused rant. The ‘golden tit’ reference was of course to another major club benefactor who finally said enough is enough, Sir Jack Hayward.)?

One thing I certainly wasn’t suggesting was that our clubs model is superior to Brighton’s, I was questioning the sustainability of yours. I was interested in reading what people thought of that point, nothing more.

Apology accepted. As mentioned previously, I know you're one of the good uns (Palace affliction aside).

 

[LlcoolJ]

TV money will go down automatically because the likes of John Henry at Liverpool and Levy at Spurs forced through changes to the way that overseas TV rights are distributed. Previously they were split evenly between all 20 clubs. Now that overseas monies equal those of the Sky/BT deal the big clubs threatened to form the 'superleague' unless they were given a bigger share. So now a proportion of the overseas money is based on final league position.

John Henry, who had zero involvement with 'soccer' before buying Liverpool in 2011 has complained that his team only want a 'fair' share and shouldn't have to subsidise competitors. His knowledge of Liverpool's history and heritage is zero, as he ignores that these 'competitors' include the likes of Chester (where Liverpool signed Ian Rush) Scunthorpe (Keegan and Ray Clemence) Lincoln City (Phil Neal) etc.

Henry's view is that Liverpool 'only' have twice the amount of TV income as the likes of Palace and the Albion and that fairness would be achieved if those differences (which still amount to over £100 million) were in similar multiples to those of commercial and matchday income.

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That's a pretty roundabout way of saying "John Henry is a ****".

 

[LlcoolJ]

I think it’s worth pointing out that Steve’s salary goes back into the club, The academy being one of the beneficiaries.

I think it's worth pointing out that that is complete and utter bollocks. Like everything you write on this forum, and everything that comes out of that chancing spiv's mouth. Most Palace fans can't stand the bullshitting tit, but you trumpet his lies as fact. On a Brighton forum.

 

[Uh_huh_him]

TV money will go down automatically because the likes of John Henry at Liverpool and Levy at Spurs forced through changes to the way that overseas TV rights are distributed. Previously they were split evenly between all 20 clubs. Now that overseas monies equal those of the Sky/BT deal the big clubs threatened to form the 'superleague' unless they were given a bigger share. So now a proportion of the overseas money is based on final league position.

John Henry, who had zero involvement with 'soccer' before buying Liverpool in 2011 has complained that his team only want a 'fair' share and shouldn't have to subsidise competitors. His knowledge of Liverpool's history and heritage is zero, as he ignores that these 'competitors' include the likes of Chester (where Liverpool signed Ian Rush) Scunthorpe (Keegan and Ray Clemence) Lincoln City (Phil Neal) etc.

Henry's view is that Liverpool 'only' have twice the amount of TV income as the likes of Palace and the Albion and that fairness would be achieved if those differences (which still amount to over £100 million) were in similar multiples to those of commercial and matchday income.

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Is that a reallocation of the same sized pot? i.e. there will be a significant material difference in TV revenue?
or is it a reallocation of a larger pot?

 

[El Presidente]

Is that a reallocation of the same sized pot? i.e. there will be a significant material difference in TV revenue?
or is it a reallocation of a larger pot?

Reallocation of existing pot.

 

[Uh_huh_him]

Reallocation of existing pot.

Wow John Henry is a proper **** isn't he.