- Thread starter
- #61
I have no issue with what Palace pay their executives. Paul Barber is a professional football administrator though.
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Palace make £7m loss in 2016
- Thread starter El Presidente
- Start date
I have no issue with what Palace pay their executives. Paul Barber is a professional football administrator though.
They had cash at bank of £8m, down from £29m a year before, but with no bank borrowings at all.
Not sure it can be called a myth, when:
1) 9/15 did make a profit.
2) 168% of your combined loss figure is contributed by Chelsea and Villa - two basket case clubs, although in very different ways.
Beyond that, he clubs that we'd all probably like to consider as being similar sized to the Albion all seemed to be doing very nicely thank you very much.
- Thread starter
- #64
I realise you weren't debating this, but I have no issue with PB or his remuneration package. I think he's done a good job, and takes the flak from the moaners on decisions made by the Board including TB.
- Thread starter
- #66
A lot of the figures are very erratic because of the way that player sale profits are booked. Collectively that generated £244 million of profit for PL clubs.
I'm just trying to point out that those who think that TB will get a return on his investment IF we are promoted are wrong, although at least he won't be having to subsidise the Albion to the tune of £500k a week as he did last season.
I agree with you about the basket cases, but the median profit, which could be seen to be more realistic, of £2.87 million isn't a great return for someone who will have put probable close to £300 million into the club by the end of this season.
There;s no way PB earns anywhere near the amount of cash he should.
Every time he's forced to answer yet another myopic email sent from the delusional keyboard of a blithering idiot, Mr Barber should receive an extra pound.
That would take his salary well into the 7 figure bracket.
Leicester being a financial case in point.
Income in 2013/14 £31m, to 2014/15 in £104m (the old Sky contract), turning a £20m loss into a £31m profit.
The combined financial brains of TB and PB could work wonders with £125m turnover.
The very least the grateful fans would like to see is that TB doesn't have to pump another penny into the club, IF we get promoted.
Or even to be paid modest interest on his debt .... but no doubt some would complain!
True and with nil bank borrowing, your club looks sound financially sound.
brightn'ove
cringe
They replaced the wooden seats in the Arthur Wait with plastic ones.
Dougie
Well-known member
- Jan 11, 2012
- 5,705
Not padded either .
They've also invested in some large plastic flags.
KZNSeagull
Well-known member
There is the short term cost control rules under FFP that you may be very close to though, or possibly in breach of. Cannot tell from those figures though. (This is the rule that states that you can only spend £xm of the tv revenue money on player wages - the £xm changes every season and depends what your wage spend was the previous year. All a bit convoluted. You can spend more than £xm as long as you can show that the additional above £xm is from your own revenue and not from tv money). I seem to remember that there was some concern about this within the club not that long ago, but I am probably wrong.
- Thread starter
- #76
Allardyce himself mentioned the wage ceiling in January as being an issue preventing him recruiting.
Yet amazingly in about 6 weeks time this board will (hopefully) be full of posters suggesting TB signs the likes of £80k a week Defoe.
All these years and yet not a clue as to how the club is managed.
The unrealistic moaning and PB hating in that scenario, would be more than tempered by finally getting that promotion. Fingers and everything crossed.
Wrong-Direction
Well-known member
- Mar 10, 2013
- 13,426
Why don't you ban me from this thread as well you cretin that can't handle the truth
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