[cite]Posted By: nolly[/cite]bank holiday monday so few there.
For a protest called only a few days ago and on a bank holiday I think it's a decent turnout.
How many turned up at the first ever Valley Party meeting? Ten.
CPFC2010 seem to be playing a very risky game. As said above I can't see why the Bank would care about a Football Club while the consortium seem to want it both ways - cheap price and low "sell on" fee.
[cite]Posted By: CPFC2010[/cite]We have been told this process will begin at 3pm tomorrow unless we complete the deal we have in place with Agilo. We are unwilling to do this until we have secured the ground.
Hmmm, this consortium doesn't seem like a group that could care one way or the other about saving Palace. If they don't care about saving the club, why should Lloyds?
I have sympathy for the fans, but I find it very, very difficult to want CPFC2010 to succeed in this. If they do, they'll have held the fans to ransom, paid a pittance to the creditors and got a bargain from the taxpayer. And will have spent the last few months issuing ultimatums and statements that show a lack of regard for Crystal Palace FC. For example, why was owning Selhurst a necessary precondition? Important, yes, great if they could get it, absolutley. But necessary?
Now seems a good time to remind everyone that in 1989 palarse paid £1 million for Nigel Martyn, (the first £1m for a keeper) out of our rent money, while Sir Lenny of Lawrence's men were playing in front of 8000.
They just sold Ambrose for a total profit after all the dross he played for us, Charlton are on the creditors list for £200k, and they mustered a mighty 300 for their "Valley Party" protest moment today.
A great line from Airplane......... "I say, they knew what they were doing - let 'em crash"
[cite]Posted By: nolly[/cite]bank holiday monday so few there.
For a protest called only a few days ago and on a bank holiday I think it's a decent turnout.
How many turned up at the first ever Valley Party meeting? Ten.
CPFC2010 seem to be playing a very risky game. As said above I can't see why the Bank would care about a Football Club while the consortium seem to want it both ways - cheap price and low "sell on" fee.
My hope is that this is negotiations coming to a conclusion, and that CPFC2010 are now finally giving the fans some info, hoping that they can influence PWC to agree with there views on future ground sales. I must admit to a little concern, as I thought one of the reasons for ground ownership was to bring the club and ground together, to improve the clubs future.
I realise that all possiblities must be considered, but PWC's insistence that they should profit in any future sales, doesn't seem unreasonable, and I hope that the consortium are stalling till the last minute before agreeing too. The consortium have consistently played hard ball, maybe this is PWC drawing a line saying they have been reaonable with the fee, and that they won't budge from that.
[cite]Posted By: nolly[/cite]bank holiday monday so few there.
For a protest called only a few days ago and on a bank holiday I think it's a decent turnout.
How many turned up at the first ever Valley Party meeting? Ten.
CPFC2010 seem to be playing a very risky game. As said above I can't see why the Bank would care about a Football Club while the consortium seem to want it both ways - cheap price and low "sell on" fee.
I suspect that you are spot on Budgie.
My hope is that this is negotiations coming to a conclusion, and that CPFC2010 are now finally giving the fans some info, hoping that they can influence PWC to agree with there views on future ground sales. I must admit to a little concern, as I thought one of the reasons for ground ownership was to bring the club and ground together, to improve the clubs future.
I realise that all possiblities must be considered, but PWC's insistence that they should profit in any future sales, doesn't seem unreasonable, and I hope that the consortium are stalling till the last minute before agreeing too. The consortium have consistently played hard ball, maybe this is PWC drawing a line saying they have been reaonable with the fee, and that they won't budge from that.
Budgie (great post BTW), it would be interesting to know how much CPFC2010 are offering for the ground. Given that Ron Noades quite recently (in value terms at least) sold it for £12m. Surely it must be worth at least that now, so I would expect the PWC / Bank of Scotland to hold out for at least that in order to protect public assets. Any idea how much or if RGN is involved in trying to get hold of it once again on the cheap ? CPFC2010 are trying desperately today to make the Bank of Scotland out to be the bad guys, when in all probability they (CPFC2010) are not prepared to pay fair value for Selhurst Park IMHO.
[cite]Posted By: No.1 in South London[/cite]Budgie (great post BTW), it would be interesting to know how much CPFC2010 are offering for the ground. Given that Ron Noades quite recently (in value terms at least) sold it for £12m. Surely it must be worth at least that now, so I would expect the PWC / Bank of Scotland to hold out for at least that in order to protect public assets. Any idea how much or if RGN is involved in trying to get hold of it once again on the cheap ? CPFC2010 are trying desperately today to make the Bank of Scotland out to be the bad guys, when in all probability they (CPFC2010) are not prepared to pay fair value for Selhurst Park IMHO.
I work in the commercial property industry (well, servicing the commercial property industry anyway). Most estimates put the ground's true value to developers at around 15 million.
[cite]Posted By: budgie[/cite]Sorry no idea how much they are offering, but my understanding is the same as yours, and that the fee is very generous to CPFC2010.
As I say, I just hope it's posturing, and they do a deal, unless there was a plan all along to move from Selhurst.
Thanks, I'm sure a deal will be resolved and with the pressure being put on over the weekend, PWC may bend a little. It is always the case when deals like this are being put together, that details are sketchy at best. There is a lot of "activity" this weekend on getting Palace fans to raise their game and put pressure on various goups (Government/PWC banks, Aglio etc) without them actually knowing if CPFC2010 are actually being offered an excellent deal ........... hope it works out for you and that it is not another Noades inspired profit making opportunity.
[cite]Posted By: budgie[/cite]Sorry no idea how much they are offering, but my understanding is the same as yours, and that the fee is very generous to CPFC2010.
As I say, I just hope it's posturing, and they do a deal, unless there was a plan all along to move from Selhurst.
Out of interest, Budgie, what's the general opinion of Palace fans about moving from Sellout? Personally, I would think it made a lot of sense - especially since you could probably get Croydon council to foot a lot of the bill for a purpose built stadium in some dump out towards New Addington whilst they used the land in Thornton Heath for housing/development.
New team registered under AFC crystal palace... then crystal palace football club no longer exist. CPFC2010 take over, after buying the ground at cut price. Then they sell the ground to a property developer for a big profit and the developers can then get planning permission (as cpfc no longer exist). Then cpfc2010 use the profit freom selling shithurst to build a new stadium with less running cost
Maybe the money they are using to buy and fund the club is leveraged and the loans are backed with the security of the freehold of the ground. If the conditions being imposed by Centrebank effectively reduce the value of the security maybe the consortium just cannot raise the money they need.
Maybe the truth is that there is just not enough money available to purchase and fund the club without handouts from the bank. If that is the case then the consortium eier need to raise more money of the cub has to be liquidated.
I do feel for the fans, but at the end of the day the previous owners of the club have run up huge debts and they have caught up with them.
[cite]Posted By: budgie[/cite]Sorry no idea how much they are offering, but my understanding is the same as yours, and that the fee is very generous to CPFC2010.
As I say, I just hope it's posturing, and they do a deal, unless there was a plan all along to move from Selhurst.
Out of interest, Budgie, what's the general opinion of Palace fans about moving from Sellout? Personally, I would think it made a lot of sense - especially since you could probably get Croydon council to foot a lot of the bill for a purpose built stadium in some dump out towards New Addington whilst they used the land in Thornton Heath for housing/development.
I would say the opinion is pretty mixed, most wouldn't want to move to a stadium like Millwall's or the other soulless concrete pits, that most new grounds appear to be. Also and this may be where PWC are coming from, is that if Croydon were to help fund a new ground (something which I think is very unlikely), then PWC would quite rightly expect to take a large proportion of the value of Selhurst. Also I believe that the club has looked in the past for possible sites, and the only ones vialble were in Gatwick, and if we were to move there, would lose our identity as a South London club.
So my personal opinion is to survive this mess, and get Selhurst back to a decent standard.
[cite]Posted By: budgie[/cite]I'm also surprised at how Jordan has managed to push Noades out as the most detested person (by palace fans) at Selhurst.
[cite]Posted By: kings hill addick[/cite]Maybe the money they are using to buy and fund the club is leveraged and the loans are backed with the security of the freehold of the ground. If the conditions being imposed by Centrebank effectively reduce the value of the security maybe the consortium just cannot raise the money they need.
Maybe the truth is that there is just not enough money available to purchase and fund the club without handouts from the bank. If that is the case then the consortium eier need to raise more money of the cub has to be liquidated.
I do feel for the fans, but at the end of the day the previous owners of the club have run up huge debts and they have caught up with them.
hopefully though this is where the trust can come in.
They are due to commence there loan note scheme soon, and if they and CPFC2010 can get something sorted.
couldnt care two hoots about them tbh, i did when it first come out i thought yep i hope they get a scare out of it but ultimately pull through.
after swindon and browseing their sites
i can honestly say i hope their club folds ceases to exist and all the stripey fools pish of over some cack 2 bit field in norwood somewhere.
Remember their money grabbing shite club and owner when we were struggling, remember their smug arsed fans who rubbed our noses in it whilst we were tennants there, remember their shitty little tinpot "firm" who beat up a young kid and his dad on a train and others who got caught up in it, remember their great idea of a flying a plane over the valley with whos laughing now.
some say there for the grace of god go we
i say
bollox if we go the same way see you on that shite piece of field in norwood when afc charlton arrive to play you infront of 3 men and his dog.
i hope the shitty club erodes from within and crumbles into a mess of bricks and rubble
but the stripey fools will still get out of it so dont offer them no pity they are a scummy club run by scummy people supported by divs and muppets
[cite]Posted By: budgie[/cite]Sorry no idea how much they are offering, but my understanding is the same as yours, and that the fee is very generous to CPFC2010.
As I say, I just hope it's posturing, and they do a deal, unless there was a plan all along to move from Selhurst.
Out of interest, Budgie, what's the general opinion of Palace fans about moving from Sellout? Personally, I would think it made a lot of sense - especially since you could probably get Croydon council to foot a lot of the bill for a purpose built stadium in some dump out towards New Addington whilst they used the land in Thornton Heath for housing/development.
I would say the opinion is pretty mixed, most wouldn't want to move to a stadium like Millwall's or the other soulless concrete pits, that most new grounds appear to be. Also and this may be where PWC are coming from, is that if Croydon were to help fund a new ground (something which I think is very unlikely), then PWC would quite rightly expect to take a large proportion of the value of Selhurst. Also I believe that the club has looked in the past for possible sites, and the only ones vialble were in Gatwick, and if we were to move there, would lose our identity as a South London club.
So my personal opinion is to survive this mess, and get Selhurst back to a decent standard.
Surely at this stage shots at millwall are a bit pointless? You should be grateful for anything you can get soulless concrete pit or not.
Personally I think you should move back to Crystal Palace, perhaps play at the athletics ground.
Football! Poxy game!! at this point I don't give a f@&K about Charlton, Brighton, Millwall, England, The world Cup,Premier League fat cats, Sky.........I only care about Palace........am off down the pub......If I dont come back it's because either I or Palace have been liquidated!!
SOS dont worry mate you wont be liquidated everyone playing hard ball and trying to get the best deal.It will be sorted FACT, i really dont see why everyone on here is creaming themselves,it wont come to liquidation FACT
[cite]Posted By: Friend Or Defoe[/cite]According to sky sports news 100 fans broke in to the ground causing damage to the turnstiles. That was smart...
[cite]Posted By: Friend Or Defoe[/cite]According to sky sports news 100 fans broke in to the ground causing damage to the turnstiles. That was smart...
Are you sure they weren't small businessmen trying to get back a little bit more than 1p in the £?
If true that's stupidity beyond belief at this time more than ever.
Comments
For a protest called only a few days ago and on a bank holiday I think it's a decent turnout.
How many turned up at the first ever Valley Party meeting? Ten.
CPFC2010 seem to be playing a very risky game. As said above I can't see why the Bank would care about a Football Club while the consortium seem to want it both ways - cheap price and low "sell on" fee.
Hmmm, this consortium doesn't seem like a group that could care one way or the other about saving Palace. If they don't care about saving the club, why should Lloyds?
I have sympathy for the fans, but I find it very, very difficult to want CPFC2010 to succeed in this. If they do, they'll have held the fans to ransom, paid a pittance to the creditors and got a bargain from the taxpayer. And will have spent the last few months issuing ultimatums and statements that show a lack of regard for Crystal Palace FC. For example, why was owning Selhurst a necessary precondition? Important, yes, great if they could get it, absolutley. But necessary?
They just sold Ambrose for a total profit after all the dross he played for us, Charlton are on the creditors list for £200k, and they mustered a mighty 300 for their "Valley Party" protest moment today.
A great line from Airplane.........
"I say, they knew what they were doing - let 'em crash"
My hope is that this is negotiations coming to a conclusion, and that CPFC2010 are now finally giving the fans some info, hoping that they can influence PWC to agree with there views on future ground sales. I must admit to a little concern, as I thought one of the reasons for ground ownership was to bring the club and ground together, to improve the clubs future.
I realise that all possiblities must be considered, but PWC's insistence that they should profit in any future sales, doesn't seem unreasonable, and I hope that the consortium are stalling till the last minute before agreeing too. The consortium have consistently played hard ball, maybe this is PWC drawing a line saying they have been reaonable with the fee, and that they won't budge from that.
As I say, I just hope it's posturing, and they do a deal, unless there was a plan all along to move from Selhurst.
Thanks, I'm sure a deal will be resolved and with the pressure being put on over the weekend, PWC may bend a little. It is always the case when deals like this are being put together, that details are sketchy at best. There is a lot of "activity" this weekend on getting Palace fans to raise their game and put pressure on various goups (Government/PWC banks, Aglio etc) without them actually knowing if CPFC2010 are actually being offered an excellent deal ........... hope it works out for you and that it is not another Noades inspired profit making opportunity.
New team registered under AFC crystal palace... then crystal palace football club no longer exist. CPFC2010 take over, after buying the ground at cut price. Then they sell the ground to a property developer for a big profit and the developers can then get planning permission (as cpfc no longer exist). Then cpfc2010 use the profit freom selling shithurst to build a new stadium with less running cost
Mind you, I'm also surprised at how Jordan has managed to push Noades out as the most detested person (by palace fans) at Selhurst.
Maybe the truth is that there is just not enough money available to purchase and fund the club without handouts from the bank. If that is the case then the consortium eier need to raise more money of the cub has to be liquidated.
I do feel for the fans, but at the end of the day the previous owners of the club have run up huge debts and they have caught up with them.
I would say the opinion is pretty mixed, most wouldn't want to move to a stadium like Millwall's or the other soulless concrete pits, that most new grounds appear to be. Also and this may be where PWC are coming from, is that if Croydon were to help fund a new ground (something which I think is very unlikely), then PWC would quite rightly expect to take a large proportion of the value of Selhurst. Also I believe that the club has looked in the past for possible sites, and the only ones vialble were in Gatwick, and if we were to move there, would lose our identity as a South London club.
So my personal opinion is to survive this mess, and get Selhurst back to a decent standard.
We're not
hopefully though this is where the trust can come in.
They are due to commence there loan note scheme soon, and if they and CPFC2010 can get something sorted.
No.
Correct and neither should we want to be.
after swindon and browseing their sites
i can honestly say i hope their club folds ceases to exist and all the stripey fools pish of over some cack 2 bit field in norwood somewhere.
Remember their money grabbing shite club and owner when we were struggling, remember their smug arsed fans who rubbed our noses in it whilst we were tennants there, remember their shitty little tinpot "firm" who beat up a young kid and his dad on a train and others who got caught up in it, remember their great idea of a flying a plane over the valley with whos laughing now.
some say there for the grace of god go we
i say
bollox if we go the same way see you on that shite piece of field in norwood when afc charlton arrive to play you infront of 3 men and his dog.
i hope the shitty club erodes from within and crumbles into a mess of bricks and rubble
but the stripey fools will still get out of it so dont offer them no pity they are a scummy club run by scummy people supported by divs and muppets
there aint exactly many of them at shithurst today is there
after the we need you to attend rallying call
Personally I think you should move back to Crystal Palace, perhaps play at the athletics ground.
Seriously FOD ?
Tools !
Are you sure they weren't small businessmen trying to get back a little bit more than 1p in the £?
If true that's stupidity beyond belief at this time more than ever.