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'Good News' for Palace ?
- Thread starter bhaexpress
- Start date
micheal64
micheal64
i suppose any news must be good news for them at the moment.
fosters headband
Well-known member
I am not sure Jordan will do any deal until he has got some of his money back through player sales.
fosters headband
Well-known member
Full local report here
Sorry very old report.
Sorry very old report.
Last edited:
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,392
it seems to me that Noades sale of the club without the ground is the root of their problems in the first place. i think it would be like us having Archer bail us out.
bhaexpress
New member
- Thread starter
- #7
That occurred to me too but in all honesty right now beggars can't be choosers.
brighton rock
New member
The club surviving is the only thing that matters.
If Noades buys the club and reunites us with our ground then I'm fully behind him.
It would make us a much better purchase in the future
the most likely outcome is Administration, followed by a sale to a third party noades seems likley to be that third party
If Noades buys the club and reunites us with our ground then I'm fully behind him.
It would make us a much better purchase in the future
the most likely outcome is Administration, followed by a sale to a third party noades seems likley to be that third party
brighton rock
New member
not realy his fault' goldburge did not have a clue cant blame the seller for that
brighton rock
New member
think the money from sale of players has already been spent paying back the creditors
its only a matter of time till admin
Don Quixote
Well-known member
- Nov 4, 2008
- 8,357
If you go into admin and by a miracle stay up it will be good. Otherwise you're f***ed!
wigman
Well-known member
Ive heard that 6m would see you ok till the end of the season,surely the sale of Moses and one other would see you through.Im not sure how much you got for Fonte but im sure you will be fine but then again i do not know all the facts.
Could you enlighten me?
bhaexpress
New member
- Thread starter
- #13
I've met Goldberg, you're right he didn't have a clue but various people robbed him blind and I think we all know who.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,392
careful what you wish for... i suspect if Noades is back, new plans are afoot for a new ground. after selling the current one of course... do you prefer new den, or the valley?
brighton rock
New member
800k for fonte plus a few add ons 400k if saints go up in the next 3 years
Given the financial problems at the Club, Aglio are highly unlikely to allow their security to be sold, to pay third party debts.
The Agilo loan is around £6million - so with the Revenue owed around £1.2 million, Palace will need to sell players to the value of £7.2 million just to carry on beyond January - and that still leaves the bank overdraft and the rent arrears outstanding.
In June last year (2008), Jordan mortgaged the Club; its leases on Selhurst Park and the Beckenham training ground; his own shares in the club; the players' contracts; and all payments due from the Football League or Premier League to the Agilo Master Fund, which is registered at a PO box in George Town, in the Cayman Islands. There is nothing else left
Given the financial problems at the Club, Aglio are highly unlikely to allow their security to be sold, to pay third party debts.
The Agilo loan is around £6million - so with the Revenue owed around £1.2 million, Palace will need to sell players to the value of £7.2 million just to carry on beyond January - and that still leaves the bank overdraft and the rent arrears outstanding.
In June last year (2008), Jordan mortgaged the Club; its leases on Selhurst Park and the Beckenham training ground; his own shares in the club; the players' contracts; and all payments due from the Football League or Premier League to the Agilo Master Fund, which is registered at a PO box in George Town, in the Cayman Islands. There is nothing else left
dougdeep
New member
Sounds like a good investment for Mr Bloom. £7.5million sounds damned cheap for prime building land.
brighton rock
New member
i remember the coppell wright and bright days all under uncle ron,cant say i trust the bloke but given the choice between him and no club leaves me with no choice
brighton rock
New member
very
wigman
Well-known member
In a nutshell then,its not looking good.
Mackenzie
Old Brightonian
Why would Noades want to buy Palace? Seems to me that his mantra is to make money for himself, I can't see how he would be able to do that with Palace as thing stand. Where is the value?