A new manager zaha?
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[Albion] Palace Fans Biggest Fear
- Thread starter Tim Over Whelmed
- Start date
lawros left foot
Glory hunting since 1969
Whitley Bayster
Well-known member
Or a Frankly Bore Draw route to safety
lawros left foot
Glory hunting since 1969
cjd
Well-known member
Just had a quick look on the Palace forums but can't see anything about this there ?
Sirnormangall
Well-known member
- Sep 21, 2017
- 2,971
Easy 10
Brain dead MUG SHEEP
Oh PLEASE let them get charged. I would so love to see an asterisk beside their name in the League table soon.
nwgull
Well-known member
The 125m figure in that article doesn’t sound right, even though it’s got El Pres’ name next to it. According to the figures they’ve published for the last 3 seasons 20-23, they lost 40m, 24m and 27m. That’s only 91m, over 3 seasons and 20-21 was a COVID season so they’d be able to claim around 20m extra for FFP limits.
Here’s the link to the summary of their latest figures for 22-23. Tying to put a positive spin on the increased loss they proudly state “To achieve a higher league placing while keeping the squad wage bill flat is very positive”. Doesn’t mention that they only went from 12th to he dizzy heights of 11th with fewer points won than the previous season. Always celebrate the little victories, eh?
Sheebo
Well-known member
- Jul 13, 2003
- 29,297
Classic seaweed fan - you missed the Bodo/Glimt 1-0 win out the list.
Uh_huh_him
Well-known member
- Sep 28, 2011
- 10,704
The article has @El Presidente's name attached, but I can't see that he has made any reference to it.Palace have taken a £200 million loan from American loan company, but, they won’t be spending much of it on new players. £12 million a month on wages
Palace haven't lost £125m (unless there is something unexpected in their accounts).
Seems to be incorrect.
Seasider78
Well-known member
- Nov 14, 2004
- 5,940
It must the £125m of ringfenced funds for the single stand Parish has been promising them for the last decade.
- May 8, 2018
- 9,297
Maybe the article is literal and referring to the ring fenced stand money that has been lost or unaccounted for?
lawros left foot
Glory hunting since 1969
Palace have taken a £200 million loan from American loan company, but, they won’t be spending much of it on new players. £12 million a month on wages
I’ve just found the article attached to the post.
@El Presidente is definitely quoted in it, make of it what you will.
Taybha
Whalewhine
So take off 90p in the pound owed and you then find the actual figure spent, they're absolutely fine, in fact I wouldn't be surprised if the EPL actually refund them enough for a new executive ashtray.
Uh_huh_him
Well-known member
- Sep 28, 2011
- 10,704
I can imagine the club are taking out a loan to either buy out 2 of the yanks or getting some finance for the stand.
Sheebo
Well-known member
- Jul 13, 2003
- 29,297
Best performance of season today - 10 mins of balanced football with the odd attack. Things are moving in the right direction again. Left the ring fenced money alone cleverly and took a loan for other bits - the epitome of a well ran football club since 2010 
brighton_tom
Well-known member
- Jul 23, 2008
- 4,881
Hmmm that smells of FFP trouble. £125m in losses and a big loan needed.
Finishing 11th and 3rd round cup exits doesn't come cheap.
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brighton_tom
Well-known member
- Jul 23, 2008
- 4,881
& is that now 3 losses, 2 draws, & a fortunate win for the new manager?