Genuine question - and serious answers only please. But does Parish actually have any / much money - or is he just not investing in the club? Or is he the 'local face' business man with a bit of money but ultimately was or should be backed by their American owners?
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[Football] Zaha watch - *** The SEGW finally managed to escape***
- Thread starter Sussex Nomad
- Start date
Clearly. But it's still funny.
Uh_huh_him
Well-known member
- Sep 28, 2011
- 10,697
He was part of a consortium of 4 Wealthy Palace fans who bought the club.
His wealth comes from a successful Marketing company TAG, which He sold to Williams Lea, who themselves weren't a massive company.
He isn't super rich in his own right and was recently taking a salary out of the club rather than putting anything in.
Shuggie
Well-known member
Nothing much going on this evening so dug around a little ... apologies if I've missed the mark but I think this is a reasonable summary.
Prince Charming personal wealth
Steve Parish began his career working in computer graphics. He went on to buy a stake in a company called Adplates Ltd, assuming control of the business renamed it Tag Worldwide, transforming it from a London-based business to a global production powerhouse (Wikipedia). Steve Parish and Richard Jameson, former CEO and commercial director respectively of TAG Worldwide which they built up and sold to ...Deutsche Post DHL, for an undisclosed sum but one thought to be around its turnover, £100m in 2011 … Parish made an estimated £80m from the sale (moreaboutadvertising.com)
Estimate of PL owners' wealth from The Express three months ago doesn’t list Prince Charming as the owner presumably because he ceded control to the yanks in return for their investment. https://www.express.co.uk/sport/football/1196037/Premier-League-owners-wealth-Man-Utd-Chelsea-Liverpool-Arsenal. He would be a minnow on that list but, as @springal mentions, he would be at the upper end of any list of chairmen who take money out of their club.
The big problem is that the yanks now appear to want to see a return on their investment or they want out. Either way, this means there is no immediate prospect of any money going into the club on the playing or infrastructure side. Parish certainly can’t fund a anything like the £100m he reckons it will cost.
Sunday Times Rich List: this year you need to have a net worth of £110m to be on the list. Given his media profile, it seems unlikely that he has avoided the researchers so it would be reasonable to assume he is languishing somewhere short of £100m readies.
So, he could fill both roles in a Premier League version of the Prince and The Pauper
Talking of infrastructure:
- 9/01/2011 · LONDON - New Crystal Palace Stadium (40,000) So Palace looking to move back to the Palace. We are delighted to announce that Crystal Palace Football Club together with their advisers CB Richard Ellis and stadium designers AFL have been pursuing avenues that would allow them to move back to their original home at Crystal Palace park (skyscrapercity.com)
- 28/05/2013 Steve Parish said plans for Selhurst Park would be "accelerated" following the 1-0 play-off win against Watford. But he added: "We're working on re-developing the ground a stand at a time." Mr Parish said in an "ideal world" increasing the stadium capacity from 26,000 to 40,000 would generate a good income for the club but Selhurst Park would need to be expanded in stages. Mr Parish said: "We'd look at any sensible suggestions. We haven't got the biggest amount of land there … it's very embryonic, but I was working on it as an army of one, but now we can look at it a bit more seriously (cpfc.co.uk)
- 19/04/2018 The club have tonight been given the green light to build an iconic new Main Stand at Selhurst Park, after Croydon Council resolved to grant permission for the project which will redevelop the stadium for the modern era. The Council will shortly refer the application to the London Mayor, and once he has approved it, the planning permission will then be issued. The Club will then be able to begin planning for work on the New Stand to begin at the end of the 2018-19 season, with likely completion in 2021, ready to open for the 2021-22 season (cpfc.co.uk)
- 21/11/2018 Steve Parish: we had hoped to start at the end of this season but I would imagine that has gone back now because we’ve got one or two issues still to sort with the land and the housing surrounding the stadium. We are hoping to start as soon as possible (skyscrapercity.com)
- 22/01/2019 CPFC’S Development Manager, Guy Wickett: it is a complicated project, but we would really like to be onsite in the summer of 2020 to do the enabling works with an estimated two-and-a-half-year build time (developcroydon.com)
Must make opening before 2023/24 fairly unlikely I would have thought.13 years since he took over!! Anyone mentioned piss-weak credibility?
https://www.caughtoffside.com/2020/...DszaPZNLjfc3kyqxyaxtZ-fOrVBDWQG6DAd63BaQZCqQo
Might be more to this as Tosun from Everton apparently having a medical at Palace ahead of a potential loan deal
Might be more to this as Tosun from Everton apparently having a medical at Palace ahead of a potential loan deal
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- Aug 8, 2005
- 26,570
Should this happen, which seems unlikely, I assume the following will happen:
Sell Zaha for £76m (laugable but that's modern football).
Crash and burn this season as no replacement bought OR
Crash and burn next season as no replacement bought
Could easily see them spunking the money either on a lot of very poor players OR
Doing up their shithole of a stadium as promised and highlighted above.
If they use it for Selhurst, increase the capacity, it's quite possible that relegation will follow sooner rather than later and they could be in the Championship playing in front of less than 20,000 people in an increased capacity. That would be bloody joyous
Should this happen, which seems unlikely, I assume the following will happen:
Sell Zaha for £76m (laugable but that's modern football).
Crash and burn this season as no replacement bought OR
Crash and burn next season as no replacement bought
Could easily see them spunking the money either on a lot of very poor players OR
Doing up their shithole of a stadium as promised and highlighted above.
If they use it for Selhurst, increase the capacity, it's quite possible that relegation will follow sooner rather than later and they could be in the Championship playing in front of less than 20,000 people in an increased capacity. That would be bloody joyous
I don't imagine the Yankee Doodle Dandy's have any intention of leaving poorer than they arrived.
Esp after they, not only put aside £100m for the new stand, but they ring fenced it as well...
....oh.
Uncle C
Well-known member
Loads of times I have come back to this thread, but still have absolutely no idea what SEGW means
Swivelly Eyed Gravity Whore
Uncle C
Well-known member
Blue Valkyrie
Not seen such Bravery!
On tapatalk it is 1 page.
Easy 10
Brain dead MUG SHEEP
196, if you have your board settings done properly.
And anyway, having most of the Zaha / Palace trash in one big thread merely serves as an alternative method to that pathetic, rancid, festering, fetid little pit of an away end on you have on your own board, which houses multiple gigantic threads all about BHA, going back YEARS.
Get it ?
96 if you've set your board preferences correctly.
Easy 10
Brain dead MUG SHEEP
I've got set mine to 15 posts per page, and have done for years. I fear change, I rarely embrace it.
schmunk
"Members"
5,203 posts ! I repeat FIVE THOUSAND TWO HUNDRED AND THREE POSTS !
Brok
😐
- Dec 26, 2011
- 4,352
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DerekZoolander
Active member
- Aug 15, 2011
- 171
5203 comments! Five thousand, two hundred and three comments on your main rivals message board.
