Crystal Palace

Crystal Palace

Les Beeavinu said:
Forgive me, but I don't know why that's funny. :confused:
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:imwith: There's one team I love, then there's teams I quite like, there's teams I don't mind, there's ones I dislike and there's ones I utterly despise. I wouldn't wish liquidation on any of them. There's lines you don't cross.
 

Crystal Palace

it'll all work out in the end, it usually does
 

Crystal Palace

If they did go would that reprieve the pikey lot?
 

Crystal Palace

Salford Bee said:
If they did go would that reprieve the pikey lot?
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Why would it?

Crystal Palace are a Championship club, Gillingham are a League 1, soon to be League 2, club. Surely if Crystal Palace go tits up, then surely the Championship will be reduced to 23.
 

Crystal Palace

ladbroke said:
Why would it?

Crystal Palace are a Championship club, Gillingham are a League 1, soon to be League 2, club. Surely if Crystal Palace go tits up, then surely the Championship will be reduced to 23.
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AGMs when the divisions are ratified.
 

Crystal Palace

the FL would go with a 23 club division IMO.

where's 'rebus' when you need him? been missing for a while now.......................
 

Crystal Palace

bees66 said:
it'll all work out in the end, it usually does
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I truly hope you don't use this kind of response, when and if Brentford get into this kind of problem

The crux of the matter is that Bank of Scotland and Agilo will get more money if the club is liquidated tomorrow, so it is highly likely to happen.

Not good .. I don't like to see any club go under.
 

Crystal Palace

wanderer paul said:
the FL would go with a 23 club division IMO.
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I believe it depends on when it actually happens.
If Palace go under tomorrow there will still be 24 clubs in the Championship and it will be adjusted accordingly, if they go out of business post mid June the league will run with 23 clubs
 

Crystal Palace

Infatuated Bees Alter Ego said:
I truly hope you don't use this kind of response, when and if Brentford get into this kind of problem
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to answer your question : I gave Bees United everything I had to raise funds MY Dean Holdsworth and Stephen Hunt Brentford shirt, Darren Powell football boot and a signed autographed Brentford ball, also I arranged myself and 14 of my turnstile operators and myself, to work for free to work at GP for an organised football match between the fans on a sunday afternoon. I've never liked the way BU do things but I will go to my grave knowing that I did my bit to help. forgot to say that PJ always came to me with flyers that were left in the turnstiles to raise awareness:sad:
 

Crystal Palace

I don't know for sure but my guess is that Crystal Palace has one of the largest catchment areas of any club in England with most of south London in its territory. They also have a very large and loyal fan base. Millwall and Charlton Athletic are much further north. Regardless of our individual loyalties, it would be nothing short of a tragedy if Crystal Palace were to fold.
 

Crystal Palace

WarrenBee said:
I wonder if a certain white haired person will come to their rescue!

:cool:
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The whole situation was discussed briefly on Five Live last night and Mark Bright said he had been told that Ron was 'waiting in the wings'. :(
 

Crystal Palace

Infatuated Bees Alter Ego said:
I believe it depends on when it actually happens.
If Palace go under tomorrow there will still be 24 clubs in the Championship and it will be adjusted accordingly, if they go out of business post mid June the league will run with 23 clubs
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That was my understanding
 

Crystal Palace

................no news then.................
 

Crystal Palace

The bank are just being greedy.

The Palace Consortium have offered them the difference between what they are prepared to pay and what developers are prepared to pay for the ground - £4 million.

The Bank also want a cut of any profit the Palace Consortium make from selling the ground on in future.

If, for example, the consortium invest a load of money in the club and got them into the Premier League, then why shouldn't they keep the resultant profit on a re-sale themselves?
 

Crystal Palace

Do they have any respect.....if they go to the wall BFC will have to arrange another friendly...............
 

Crystal Palace

ladbroke said:
Why would it?

Crystal Palace are a Championship club, Gillingham are a League 1, soon to be League 2, club. Surely if Crystal Palace go tits up, then surely the Championship will be reduced to 23.
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If anyone is reprieved wouldn't it be Sheffield Wednesday?
 

Crystal Palace

Chorlton Bee said:
:imwith: There's one team I love, then there's teams I quite like, there's teams I don't mind, there's ones I dislike and there's ones I utterly despise. I wouldn't wish liquidation on any of them. There's lines you don't cross.
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Just to clarify, I was not wishing liquidation on them. I would be very surprised to see a club as large as Palace liquidated. My post was sniggering at the prospect of them being relegated, that's all, and suggested that it might not be as much a close-run thing this season as going to the last day.
 

Crystal Palace

markyst said:
The bank are just being greedy.

The Palace Consortium have offered them the difference between what they are prepared to pay and what developers are prepared to pay for the ground - £4 million.

The Bank also want a cut of any profit the Palace Consortium make from selling the ground on in future.

If, for example, the consortium invest a load of money in the club and got them into the Premier League, then why shouldn't they keep the resultant profit on a re-sale themselves?
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That's certainly what I understand from the Palace fans, but I'm sure it's not as straightforward as that. The bank have a responsibility to their stakeholders, not forgetting the taxpayer, and presumably as with any high risk finance, they have to secure the appropriate payback. I don't know enough detail to make a firm conclusion but I don't think they can credibly let the club fail with unjustifiable demands.
 

Crystal Palace

There was 2,600 registered people logged onto the Palace website an hour ago .. Going so slow as a result, they've had to block out guests
WWW.CPFC.ORG

Looks like a deal is in the offing still
 

Crystal Palace

Happy for them but no doubt that within a year they will be spending millions again
 

Crystal Palace

Brentford 4 Life said:
Dont think there was any danger really.
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:imwith:

At the eleventh hour, something usually crops up to help clubs of a decent size and with assets. It's the Halifaxes, Aldershots and Chesters of the world that are liquidated and have to start again from scratch.
 

Crystal Palace

Infatuated Bees Alter Ego said:
:eek:

Ground share was the only other option.
CPFC 2010 have been shrewd in using the fans and press to get best deal possible.
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Not denying they have been shrewd but i seriously doubt they would have actually been put into liquidation. A solution would have always turned up. IMO
 

Crystal Palace

Brentford 4 Life said:
Not denying they have been shrewd but i seriously doubt they would have actually been put into liquidation. A solution would have always turned up. IMO
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It was already in administration. The administrator was about to run out of funds to trade. So the administrator could not keep it afloat if it was to trade insolvently. Main reason, would not be the insolvent position to the administrator, but because they couldn't then collect their fees, whereas a liquidator can. These businesses are exactly that, not a company to hopefully keep a football club alive. Their fees come first. :sorted:
 

Crystal Palace

...............Chris Coleman linked with Palace on the radio....................
 

Crystal Palace

markyst said:
HMRC now challenging the Football League & Premier League's football creditors rule in the courts:


http://footballmanagement.wordpress.com/
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This is GOOD NEWS!

"The rationale for having the rule is that football clubs need the certainty that they will receive funds for the sale of a player to another club – without the rule, the transfer market would collapse, with selling clubs losing out to defaulting buying clubs."

That's not rational though!
 

Crystal Palace

Banana said:
This is GOOD NEWS!

"The rationale for having the rule is that football clubs need the certainty that they will receive funds for the sale of a player to another club – without the rule, the transfer market would collapse, with selling clubs losing out to defaulting buying clubs."

That's not rational though!
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I guess if clubs want to buy a player, they'll just have to pay the money up front, like most of us do when we buy things.

Although I'm not sure HMRC are insisting on 100p in the pound, they just want the same percentage as football creditors - Palace for example are offering 1p in the pound to HMRC but the football creditors get 100p - presumably HMRC would argue that the money should be split equally.
 

Crystal Palace

hanworthbee said:
Must have come into money:rolleyes:
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It's a complete joke. I become more convinced by the day that the points penalty for administration should be 30. Some clubs will sink, but I am sick and tired of clubs succeeding at the expense of the taxpayer.
 

Crystal Palace

Mad Bee said:
Might be signing Edgar Davids!
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Bit of a tall story, Edgars has a house in London and after retiring two years ago at 37 wants to play again, a tenuous link to Palace has been made.

Bit like Schumacher he should probably stay away playing golf
 

Crystal Palace

Stanley said:
Bit of a tall story, Edgars has a house in London and after retiring two years ago at 37 wants to play again, a tenuous link to Palace has been made.

Bit like Schumacher he should probably stay away, driving a Golf
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..................yeah a VW man.......................
 
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