[cite]Posted By: Henry Irving[/cite]TBH I think it is between Weds, QPR and Palace.
If Danns goes to Swansea and others to QPR that leaves you a very thin squad. The Administrator may and may not need the cash but I suspect a few players will see Warnock going and think "sod this, I'm off too".
And who do Palace play last game of the season?
According to the official word, nobody will be leaving, and with the thin squad we have, and the embargo meaning we cannot bring in anyone new, I'd be disapointed if anyone was to leave, especially to QPR.
As for the last game of the season, hopefully we'll both be safe by then, and you'll have another London derby next season.
If so, that's very, very good news. How "official" is it?
It came from the conference, and the administrator also confirmed it last night on Talksport.
We havn't got a big squad, but we do have a good enough one if Hart and co can get them playing, big game at the weekend home to Shef Utd.
If Brendan Guilfoyle has said, in public, that there will be no departures, then surely there won't be. If he was looking to make any changes in the staff (and thus, wage bill), he'd have been saying something along the lines of "we want to retain all our playing staff, but if the right offer comes along, we would have to consider it".
His job surely has to be balancing the books now, but also ensuring he's selling a Championship club, not a Div 1 club.
[cite]Posted By: Chizz[/cite]If Brendan Guilfoyle has said, in public, that there will be no departures, then surely there won't be. If he was looking to make any changes in the staff (and thus, wage bill), he'd have been saying something along the lines of "we want to retain all our playing staff, but if the right offer comes along, we would have to consider it".
His job surely has to be balancing the books now, but also ensuring he's selling a Championship club, not a Div 1 club.
You are right there but it is a delicate balancing act because he has to find enough cash to keep the club going, not increase the debt, pay his own costs and find a buyer. If they go down, the price will go down and the potential buyers will reduce.
I used to know some insolvency practitioners and these guys were seriously bright as well as determined operators.
I can't understand how the administrator could have so swiftly turned down my generous offer for Palace, when the current front runner is Winston McKenzie, relative of our own Leon.
"Winston Mckenzie is the face for an overseas consortium who are deadly serious about taking over Palace, as long as the freehold of the ground is part of the deal.
The consortium are “very serious about the bid, are successful very wealthy businessman who used to own their own bank”
They met with the administrator on Thursday.
“This is a fantastic project and we are really serious about our intentions. I’m a local boy and have Palace in my heart. It saddens me to see the club how it is. Palace should be the hub of the local community, the hub of Croydon and that’s what I aim to turn it out to be. I’m after the freehold of Selhurst as well. The deal would be unlikely if we weren’t able to get that.
My consortium want to remain anonymous at this stage, All I can say is they are a very large company, they used to own their own bank and have a very large interest in taking Palace over”
I hope Mr Murray has some very big minders if we get to play them in the near future!
Q.Winston Truman McKenzie (born 23 October 1953, in Jamaica) is a UK politician, notable for having joined every major political party, and for having stood as an independent or minor party candidate on numerous occasions.
McKenzie was originally a middleweight boxer, and is older brother of boxer Duke McKenzie. He contended that after an underprivileged childhood, "boxing was my salvation".[1] However, his boxing career was cut short at 23 by a detached retina.[2] He later ran a pub and worked as a hairdresser, and is now a youth worker.
"Winston Mckenzie is the face for an overseas consortium who are deadly serious about taking over Palace, as long as the freehold of the ground is part of the deal". UQ.
Sounds more like an attention seeker if you ask me.
Boxing brothers call time on troubled pub 10:07am Wednesday 19th February 2003
After calling time on their Thornton Heath pub, Winston McKenzie, one of Croydon's famous boxing brothers, admitted: "Challenging the criminals just doesn't seem worth it at all."
He told the Guardian that the McKenzie Bros bar and grill which was boarded up following a police raid last December, that saw 25 people arrested on drugs and firearms charges was to be sold and would not be reopening as a pub.
He said: "I'm sure that the decision will please the police who battled along with ourselves to rid the surrounding streets of drugs."
He admitted that, despite some success in cleaning up the drugs problem in the Parchmore Road pub and surrounding streets, it had reappeared six months prior to the raid.
He said Thornton Heath's troubles were caused by people who were new to the area, and thanked locals for their "tremendous support" in helping him and his brother Clinton tackle the drugs problem.
Mr McKenzie was not among those arrested or charged in connection with December's raid, and stressed that of those arrested, 20 were released without charge the following day.
He said: "Any indication that either my brother or myself have anything to do with drugs is totally misleading and incorrect."
As the pub's closure also spells the end for a gym above it, Mr McKenzie said he thought "A lot of local youngsters have lost out."
Turning to his future, he said: "I'm still very involved with the Liberal Democrats and have every intention of standing for MP in the next election."
"f you are close to a guy who has lost the club he has owned for ten years, his reputation is damaged and he has lost a shedload of money and he needs you to stay in there to help the club to survive, you would do it, wouldn't you?"
"I said to Neil that I was silly because I still get disappointed. I told him: 'All you are to me is just another football manager who has let me down'."
Simon Jordan is ALWAYS right (well in his world anyway).............................. probably his biggest problem of all. Anyone who disagrees is in the first instance a moron and after reflection an imbecile. This attitude has basically landed him (and Palace) where he is today ............ here's to your continued success Simon ) you tosser !
[cite]Posted By: aliwibble[/cite]Apparently Warnock "spent a lot of time wrestling with his conscious" - does that mean he was having trouble staying awake?
[cite]Posted By: Addickted[/cite]And yesterday the freehold for Selhurst Park was offered for general sale with a remaining 23 years on the lease and an annual return of £1.3m.
[cite]Posted By: Addickted[/cite]And yesterday the freehold for Selhurst Park was offered for general sale with a remaining 23 years on the lease and an annual return of £1.3m.
But what exactly does that mean ?
Ron Noades will buy it back at a knockdown price at a guess.
that you're buying a contract to receive £1.3 million for the next 23 years.
I make it that you'll get just a tad under £30 million over the 23 years (provided they pay of course). As for what happens after that I'm not sure....
In respect of the lease, it means that the Administrator of the Freehold Owner is offering its existing lease arrangement to any potential purchaser. Palace as the tenant, through the brilliant stewardship of Simon Jordan, negotiated a 25 Year lease at a rent of £1.3M per annum two years ago.
The Administrator is under a duty to maximise the value for the creditors so he has offered it for sale highlighting the ludicrous terms that Jordan agreed.
The problem for Palace is that the club really can't afford that rent unless it's in the Premier League. What they need is a buyer to come along and purchase both, re-uniting club and freehold. Unfortunately the ground is almost certainly worth more money as a development site if there is no football there.
As has been stated on here a number of times, it's not going to be very long before 'Health and Safety' will begin to take a very serious look at Selhurst Park. If it's to continue as a viable stadium, it's gonna cost someone (and at sometime fairly soon), an absolute shed load of wonga!
Comments
It came from the conference, and the administrator also confirmed it last night on Talksport.
We havn't got a big squad, but we do have a good enough one if Hart and co can get them playing, big game at the weekend home to Shef Utd.
His job surely has to be balancing the books now, but also ensuring he's selling a Championship club, not a Div 1 club.
You are right there but it is a delicate balancing act because he has to find enough cash to keep the club going, not increase the debt, pay his own costs and find a buyer. If they go down, the price will go down and the potential buyers will reduce.
I used to know some insolvency practitioners and these guys were seriously bright as well as determined operators.
"Winston Mckenzie is the face for an overseas consortium who are deadly serious about taking over Palace, as long as the freehold of the ground is part of the deal.
The consortium are “very serious about the bid, are successful very wealthy businessman who used to own their own bank”
They met with the administrator on Thursday.
“This is a fantastic project and we are really serious about our intentions. I’m a local boy and have Palace in my heart. It saddens me to see the club how it is. Palace should be the hub of the local community, the hub of Croydon and that’s what I aim to turn it out to be. I’m after the freehold of Selhurst as well. The deal would be unlikely if we weren’t able to get that.
My consortium want to remain anonymous at this stage, All I can say is they are a very large company, they used to own their own bank and have a very large interest in taking Palace over”
I hope Mr Murray has some very big minders if we get to play them in the near future!
McKenzie was originally a middleweight boxer, and is older brother of boxer Duke McKenzie. He contended that after an underprivileged childhood, "boxing was my salvation".[1] However, his boxing career was cut short at 23 by a detached retina.[2] He later ran a pub and worked as a hairdresser, and is now a youth worker.
"Winston Mckenzie is the face for an overseas consortium who are deadly serious about taking over Palace, as long as the freehold of the ground is part of the deal". UQ.
Sounds more like an attention seeker if you ask me.
http://www.croydonguardian.co.uk/news/272584.boxing_brothers_call_time_on_troubled_pub/
Boxing brothers call time on troubled pub
10:07am Wednesday 19th February 2003
After calling time on their Thornton Heath pub, Winston McKenzie, one of Croydon's famous boxing brothers, admitted: "Challenging the criminals just doesn't seem worth it at all."
He told the Guardian that the McKenzie Bros bar and grill which was boarded up following a police raid last December, that saw 25 people arrested on drugs and firearms charges was to be sold and would not be reopening as a pub.
He said: "I'm sure that the decision will please the police who battled along with ourselves to rid the surrounding streets of drugs."
He admitted that, despite some success in cleaning up the drugs problem in the Parchmore Road pub and surrounding streets, it had reappeared six months prior to the raid.
He said Thornton Heath's troubles were caused by people who were new to the area, and thanked locals for their "tremendous support" in helping him and his brother Clinton tackle the drugs problem.
Mr McKenzie was not among those arrested or charged in connection with December's raid, and stressed that of those arrested, 20 were released without charge the following day.
He said: "Any indication that either my brother or myself have anything to do with drugs is totally misleading and incorrect."
As the pub's closure also spells the end for a gym above it, Mr McKenzie said he thought "A lot of local youngsters have lost out."
Turning to his future, he said: "I'm still very involved with the Liberal Democrats and have every intention of standing for MP in the next election."
He seems to me like he's really losing grip on reality.
And people, particularly managers, just keep letting him down.
"f you are close to a guy who has lost the club he has owned for ten years, his reputation is damaged and he has lost a shedload of money and he needs you to stay in there to help the club to survive, you would do it, wouldn't you?"
"I said to Neil that I was silly because I still get disappointed. I told him: 'All you are to me is just another football manager who has let me down'."
No! "Conscious" is his wifes name. ; )
Give him a job and not pay him.
'Crystal Palaces's takeover deadline has been extended until March 26 after interested paries failed to provide proof of funds'
But what exactly does that mean ?
Ron Noades will buy it back at a knockdown price at a guess.
I make it that you'll get just a tad under £30 million over the 23 years (provided they pay of course). As for what happens after that I'm not sure....
The Administrator is under a duty to maximise the value for the creditors so he has offered it for sale highlighting the ludicrous terms that Jordan agreed.
The problem for Palace is that the club really can't afford that rent unless it's in the Premier League. What they need is a buyer to come along and purchase both, re-uniting club and freehold. Unfortunately the ground is almost certainly worth more money as a development site if there is no football there.
If it's to continue as a viable stadium, it's gonna cost someone (and at sometime fairly soon), an absolute shed load of wonga!