Agreed, but the aim is to ensure the 'big clubs' keep their advantage over the smaller ones, as well as giving chairman a negotiating tool when in talks with a player or his agent. "I'd love to give you a £40k a week pay rise but the rules won't let me...."
I think the two NEW Yanks have 18% each, as does Parish, which gives 54%. The other 46% is split between other CPFC 2010 investors and some older American investors..........as far as I can make out.
STCC does seem like the elephant in the room, but, given that the rules were brought in by the clubs themselves, they can just as easy be relaxed, in the same way that FFP has been relaxed in the Championship (and is likely to do so in the Champions League too).
As I understand it, he doesn't hold down a 9-5, having made his millions in the City and taken early retirement.
He's an Arsenal fan who also used to watch the Albion when younger too, and has an EXCELLENT taste in music, as we went to some of the same gigs back in the late 70's (not that I...
Palace can easily afford it. The new TV deal gives them enough extra cash to reduce the price of every ticket by £30 and give every player a £23k a week pay rise, without affecting profits.
The only thing I would be wary of is the Yanks. As much as I loathe Palace, Steve Parish is 100%...
It's certainly gone in one direction to date
2012 £11.7 million
2013 £18.8 million
2014 £45.7 million
2015 £68.0 million
Cabaye is a superb player, and Palace are paying him £80-£100,000 a week. Add to that Bolassie, Delaney and Puncheon signing new contracts, and that will add a lot to the...