And how the club has finally learnt the importance of sound fiscal management.
It might be hard to understand but us Palace fans are actually quite well placed to evaluate good from bad financial decisions given that we've witnessed plenty of the latter first hand over the past 15 years.
You spent £2.5m on CMS (and quite probably more with certain add ons) as a newly promoted championship club with nowt but League 1 income leading up to it with a mediocre £4m per annum due your way by means of TV monies. That is over half of your projected TV income on one striker (and more on...
I think I'd be more receptive to the lecture on this if it wasn't coming from the fan of a club that spent over £2.5m (same as we are on Gayle) on a striker that in three attempts at the championship has failed to register more goals in it in one season than Gayle did in half a season.
Just a...
Palace fans certainly haven't forgotten those. But interesting to hear your statement of £40m being stolen. If being stolen is having circa £30m being invested into the club by the chairman then I suggest that you take the plank out of your own eye and realise that your club have 'stolen' over...
No, the Bostock situation was far fairer under the current system than it will be under the new one. We got £750k for a 16 year old with the potential income of £3-5m had he done well. EPPP rules would have given us £130k with that rising to a maximum of £1m.
Young starlets have always left...
Sadly I agree. The FL is more divided than any other organisation I can think of. There is no way we'll get close to 72 clubs uniting. I suppose all we can do is try, however.
The other galling thing (I forgot to mention) was that it is not just that you get a paltry sum - there is a maximum 5% sell on fee for future sales. Whilst the current system may see some unfair tribunal fees set (see Bostock example) there is a good sell-on fee clause. Had Bostock done the...
No - what I meant was have an academy system that is graded through varying categories (with higher categories having more 'rights') or leave it as is. Palace this week made a link between our academy and a great local school. Always strive to improve the facilities, but the system as a whole...
As I said before it is not as easy as saying - here's the money, build me a category 1 academy. It takes years of infastructure, local authority support, inter-academy education (and links to relevant and appropriate local schools) a training system that guarantees 10,000 hours of contact time...
If you took a look at exactly how expensive and how much infastructure it requires for a category 1 academy, you'd see that only the big boys will get that status (at least in the next 5 years anyway). It is like saying that anyone can join an exclusive club in London once you've paid the £1m...
All in all a reasoned post with which you didn't jump straight into a 'f*ck off nigel' or 'you ***** screwed over businesses blah blah blah' so thank you for that.
All I will pick up on is a couple of things to get some clarity on more than anything. The reason I am doing this is that you all...
Well - if all that is true, and that is how it works out I'll be the first to acknowledge that fact and congratulate you (and Bloom) on making it a success. Honestly I will.
His wealth I do not doubt is substantial - the only point I make is that many fantastically wealthy fans with business...
And being a fan doesn't mean that you hand over all your money, and when it is all spent say 'Oh, that was fun - hope whoever comes along next has some money'....likewise it doesn't mean that your model or plans are any more secure than anyone elses.
Anyway, I have been sucked into a debate on...