Yoda
English & European
And how many Championship clubs actually MAKE a profit? Especially those chasing promotion.
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[Football] Premier League club has striking off order from Registrar of Companies. Who could it be?
- Thread starter El Presidente
- Start date
And how many Championship clubs actually MAKE a profit? Especially those chasing promotion.
Easy 10
Brain dead MUG SHEEP
As said elsewhere, its likely to be some FFP chicanery. They're probably resorting to some creative accounting, but struggling to make the numbers add up.
How laughable is it that these CPFC2010 goons come on here and attempt to lecture BHA on finances. The complete lack of self-awareness when it comes to their incessant whataboutery is genuinely astounding.
How laughable is it that these CPFC2010 goons come on here and attempt to lecture BHA on finances. The complete lack of self-awareness when it comes to their incessant whataboutery is genuinely astounding.
Losses? I am sure Tony Bloom is comfortable with it... I bet you lot wish you had a Mr Bloom at your club... Don't hate
CPFC G
New member
- Dec 24, 2011
- 1,067
The first paragraph you have just made up a load of nonsense as you have no actual idea why the accounts have been submitted late, Well played.
The second is laughable - you lot racked up £40m in debts last season alone, More than palace ever have in our entire 113 year history. Some may suggest a complete lack of self-awareness.
Why are they late then?The first paragraph you have just made up a load of nonsense as you have no actual idea why the accounts have been submitted late, Well played.
The second is laughable - you lot racked up £40m in debts last season alone, More than palace ever have in our entire 113 year history. Some may suggest a complete lack of self-awareness.
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The first paragraph you have just made up a load of nonsense as you have no actual idea why the accounts have been submitted late, Well played.
The second is laughable - you lot racked up £40m in debts last season alone, More than palace ever have in our entire 8 year history. Some may suggest a complete lack of self-awareness.
Edited for you.
you lot racked up £40m in debts last season alone, More than palace ever have in our entire 113 year history. Some may suggest a complete lack of self-awareness.
And this point has been covered repeatedly in the posts above which you just conveniently ignored. It is the nature of the Championship. If your lot were to get relegated I wonder how much debt they'd rack up??
m20gull
Well-known member
Really? Any idea what the debts were in the two administrations?The second is laughable - you lot racked up £40m in debts last season alone, More than palace ever have in our entire 113 year history. Some may suggest a complete lack of self-awareness.
CPFC G
New member
- Dec 24, 2011
- 1,067
As previously stated we managed to get out the championship only losing £8m that season. Nothing like the £25m and £40m you lot have racked up...
Thunder Bolt
Silly old bat
So you can't answer my post about settling all our debts and not shafting anyone, and have to resort to how many pages there are on on two different internet forums.
Pathetic isn't the word. You should be questioning your club, and trying to find out what's going on, in the same way several of our fans did in 1996.
If you get satisfactory answers, then you can come back here and tell us your club secretary and accountant are just poor at their job, and there's nothing to worry about.
In the meantime, shut the door on your way out.
CPFC G
New member
- Dec 24, 2011
- 1,067
No idea, The accounts are with the premier league at present. Only Parish and his accountants would be able to say why they are late.
Shuggie
Well-known member
The first paragraph you have just made up a load of nonsense as you have no actual idea why the accounts have been submitted late, Well played.
The second is laughable - you lot racked up £40m in debts last season alone, More than palace ever have in our entire 113 year history. Some may suggest a complete lack of self-awareness.
I appreciate it is a subtle distinction but your accounts have not been submitted late. They have not yet been submitted.
I appreciate it is a subtle distinction but you do not have a 113 year history. You have an 8 year history.
Both of these errors could have been avoided by operating an honest business in accordance with the laws of the land.
Times have changed and football is a lot more expensive now unless magically transfer fees and player wages have gone down significantly since then? Not sure if you are being disingenuous or you are actually believe what you're saying.
Thunder Bolt
Silly old bat
The first paragraph you have just made up a load of nonsense as you have no actual idea why the accounts have been submitted late, Well played.
The second is laughable - you lot racked up £40m in debts last season alone, More than palace ever have in our entire 113 year history. Some may suggest a complete lack of self-awareness.
£40M includes allowable losses for the Academy, and disabled teams. It also includes depreciation on the training ground and stadium.
I don't know much about accounts, but I do know a lot more than you do.
Thunder Bolt
Silly old bat
Are they? You can categorically state the accounts have been handed in, within the last couple of hours?
It’s not about us and our expenditure over the last two seasons, that has been covered on a myriad of threads that you and your ilk have derailed, it’s about the shambolic mis-management of your club, but, as you have no idea why you haven’t filed accounts , the same as us, you try to divert attention away from your embarrassing problem.
I thought it was the PL that was holding up the submission......just possible they have some concerns over the content.......
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Thunder Bolt
Silly old bat
£20M written off in 2010.
https://www.ft.com/content/d2755b18-0aa9-11df-b35f-00144feabdc0
Mark Goldberg blew £40M in eight months as chairman of Palace 1999/2000
https://www.telegraph.co.uk/sport/f...e-of-football-life-as-manager-of-Bromley.html
Don't come on here lecturing us about financial losses 18 years later.
You have been in administration twice, doing over your creditors.
Now, where are those accounts?
If Palace cease to exist on 5th August then it's the fans unlucky enough to be drawn to face them the following weekend who I feel sorry for, hotel and train cancellations at that stage won't come cheap. Still, at least they'll have the three points sewn up a week early.
I’m not sure how much we lost that year - it wasn’t as much as that, but we wouldn’t have had the money from the Play Off final, which would’ve helped your losses considerably. Unless you’ve been living in a cave or been in a coma (both of which are eminently possible...), you’d have noticed that football costs have risen out of all control in the upper echelons of English football. Therefore if you’d been in our situation, it is highly likely, nay almost certain, that your losses last year would’ve been £40m+. Selhurst being an absolute shithole means that your non-matchday income would’ve been non-existant and you’d have had half the number of people there as we did.