They won’t just fold and cease to exist. Someone will take them on as a championship team; hopefully (for Palace fans) buy the freehold to the ground and the training ground.
Myself I would prefer the Accrington Stanley, the club that wouldn’t die, model. Or at a push something along the lines of MK Dons, Crawley Eagles perhaps.
I believe that it's only a matter of time before a club goes, it may be the only way for chairman to wake up to the realities that we must face. Currently Palace are looking odds on to be that club. Twice they have been brought by millionaire fans and twice those fans have ended up bankrupt. You have to be a fool to buy any football club (bad news for us then) let alone Palace.
Read KBspassionate and articulate piece and agreed with the sentiments completely having been at Selhurst at the time but also read Bing's very good and well written post and felt the same.
Really torn on this.
I wonder if we were in the prem and financially hunky-dory would it then be OK to gloat?
[quote][cite]Posted By: Friend Or Defoe[/cite]I believe that it's only a matter of time before a club goes, it may be the only way for chairman to wake up to the realities that we must face. Currently Palace are looking odds on to be that club. Twice they have been brought by millionaire fans and twice those fans have ended up bankrupt. You have to be a fool to buy any football club (bad news for us then) let alone Palace.[/quote]
If Agilo have a charge over the Palace players is that a form of thrid party ownership ala West Ham and Tevez? Can the FL hit them for this?
If Agilo have jumped in before HMRC how unhappy are HMRC going to be and will they refuse to agree a CVA leaving CPFC with an additional 17 point deduction?
I've read about the fact that Jordan is alledgedly furious with the Finance House he went to for putting them into Administration.
But is there ever a situation where a Club might choose not to be promoted to the Premiership or recognise that, following the sale of their best players, they are unlikely to make the Play Offs anyway.
Let's face it if Palace, in their current state, got promotion via the play offs, even with the associated payments, they simply wouldn't be able to afford to attract and to lock players into Premier League type contracts and would, inevitably, go straight back down. If they go back down then, as we and other Clubs have found, the re-building process starts all over again and the Club is one big slippery slope.
So, why not take the penalty at a time when that 10 point dedction is not enough to put you in the bottom three and at a point when the Football League isn't going to say you deliberately chose to go into Administration i.e. having sold all your best players the Club drops like a stone and ends up in the bottom three and if you then try and go into administration you face that 10 point deduction (and possibly more) the following season in the Division below.
[cite]Posted By: Steve Dowman[/cite]I am loving this, might be us next, but that is more reason to enjoy this now and remember those dark days at Norwood.
Agreed, I think some of the happy clappers never followed us to Selhurst or Upton Park and don't have the huuuge chip I have on both my shoulders.
What's depressing is that you know, just know, that Knocker Jordan will come out of this smelling of roses.
Well, from the moment I saw richard murray say"i think simon is a bit jealous of what we have achieved here at charlton" it has gone downhill like a stone off a cliff, and if we dont go up this year, then well, we WILL almost certainly be in same situation IMHO, without promotion and investment it is not a pretty picture......
that comment for me felt smug and that isnt really charlton, IMHO...
As for palace, well we all know they are muppets, and the appalling treatment and near extortion at the time was obviously horrendous, but as many have mentioned its dangerous to laugh, as we have already found out....
you are right, Palace have chosen what looks like an optimal time to go into Admin - with or without a 10 point penalty they were likely to be in the Championship next season, and there isn't much time to sell players either.
So off they go into Admin, write off their debts, start afresh, stay in the Championship with much the same players and maybe some new funding ala Southampton.
The penalty for going into Admin should be greater (not saying this in relation to Palace because it is too late, indeed if it was tougher it could well affect us)
[cite]Posted By: Some Nigel.[/cite]Following yesterday’s news many of us will be itching to help in whatever way we can.
It’s a very difficult time. We don’t know how it’s going to pan out and we won’t have much say in the big issues like who buys the club, which players are sold etc. But we can be organised, vocal and committed to trying to make sure this never happens again.
WE NEED EVERY FAN TO MAKE THEMSELVES HEARD
So what can we do? I’m having to write this quickly as I’ve got to get to work and have unfortunately hit a busy patch where I just can’t get on the BBS in the day. I don’t have too many ideas yet, but I hope this thread is a place where we can all set down our thoughts.
We’ve discussed a lot of things over recent months and a few of us have been discussing it further via email and trying to come up with ideas we can push forward. I’ll post more on that later.
In the meantime, a very short list of things that might help.
1. JOIN THE CRYSTAL PALACE SUPPORTERS TRUST http://www.cpstrust.org.uk/ This is our single established fans organisation and they need numbers behind them and money in the bank.
2. On the TRUST’S home page there are buttons to sign up to raise funds via online shopping and online search engines. Use them, they work, but the money raised is small at the moment. There are thousands of us, we should ALL use them. It’s free money
3. Sign up to the Palace supporters’ network (the thread's around somewhere, please someone put up a link for me)
4. Come to the Peterborough game, bring friends and family and bring as much colour and make as much noise as possible.
That’s it at the moment.
I’d like to hear from people who would be prepared to offer skills (or indeed money!). A group of us have lots of ideas to take Palace forward, if anyone is experienced at web design or has IT skills please and willing to commit time for Palace please let me know.
We also need writers, photographers, particularly good artists (professional or amateur), but anyone who wants to help let us know. If we are in administration for any length of time, we may well need to take on a lot of good things that the club can’t do.
There’s no point in going over old ground, there’s no point in recriminations, there’s no point moaning about the administrators. Let’s focus on what we can do right now to help our club.
A couple of thoughts to discuss…
1. A focus of anger can be a positive thing, it could get us noticed. If we want to hit back over this, who do we target? My suggestion is that we go after the Football Association, the Premier League (especially Scudamore) and Sky. I’m not talking about swearing and name calling, I’m thinking about a proper campaign which asks questions, which drags their name through the mud, in which we blame them and hit back at them with everything we've got.
This is a big ask Could we get ALL Palace fans to cancel Sky subscriptions and give the money to the Trust instead (and get other clubs in peril to join us?). Make a big noise about it.
2. How do we put pressure on Price Waterhouse Coopers over the ground, the administrator over the club and Croydon Council? Do we need to do this at all?
Above all, let’s try to be clear in our minds what we want and why we want it. Not everybody will agree, but random nutjobs spouting obscenities from rooftops will get us nowhere. Don’t get mad, get organised and let’s sort some things out.
Sorry, again it’s long and for typos and anything that doesn’t quite make sense I’m pushed for time. Get yourselves together… BE LOUD, BE PROUD, BE PALACE
[cite]Posted By: Salad[/cite]you are right, Palace have chosen what looks like an optimal time to go into Admin - with or without a 10 point penalty they were likely to be in the Championship next season, and there isn't much time to sell players either.
So off they go into Admin, write off their debts, start afresh, stay in the Championship with much the same players and maybe some new funding ala Southampton.
The penalty for going into Admin should be greater (not saying this in relation to Palace because it is too late, indeed if it was tougher it could well affect us)
Don''t think it was Palace's choice.
Seems Agilo made the decision for them just before HMRC would have done.
Ron Noades on sky sports news. part of consortium possible, sad to not be involved, thinks that the club has a good opportunity and a new start with no debt. He is on the golf course that was sold by goldberg. talking abbout owning training ground and selhurst park. increasing outgoings. he said when he was there, what he did, building selhurst, how nothing has been done. hes just said about what we've done since we left selhurst park, and how crystal palace have been left behind.
my thoughts for what they are worth is that i have no feelings either way what happens to them. i only care about charlton. having said that, like others have said, i feel incredibly sorry for those backroom staff on normal monthly wages who will not know what is going on and whether they'll have a job today.
I had mixed feelings whenr I heard this... I wasn't celebrating like some people on here. Unlike many on here I wqsn't a Charlton fan (was west ham and then liverpool) and was actualy taking the micheal out of my best mate. I was at school laughing my head off at the time as we were at lessons.. He kept looking at the clock and his watch and had the radio on... but I remember seeing the anguish on his face and did start to feel sorry for him. However when they were saved, (although I wasn't a fan at the time) I had gone to a couple of games at the old Valley. I then went with him to the game against Wimbleodon in the "home" game at Selhurst and started to become a fan.. and from that moment on I started to support them.... Even though it was dark days back then.. I realised that it was a special fan being a charlton fan, we were treated like 2nd class cizitens.. but then we had "Voice of the Valley" the protests etc.. i wouldnt want to go through that again and knows what it means.... Nothing like today.. he we got into admin that wouldve been it asta la vista baby.. so noty going to gloat
[cite]Posted By: Addick Addict[/cite]
Let's face it if Palace, in their current state, got promotion via the play offs, even with the associated payments, they simply wouldn't be able to afford to attract and to lock players into Premier League type contracts and would, inevitably, go straight back down. , quote]
No difference from any other season that they spent in the Premier League then. ;-0)
Blimey - just seen Neil Shipperley on SSN talking about the Palace situation. Looks like he's enjoying retirement and more like his old man. Take that back - bigger than his old man and Ship was BIG.
[cite]Posted By: Henry Irving[/cite]On another point.
If Agilo have a charge over the Palace players is that a form of thrid party ownership ala West Ham and Tevez? Can the FL hit them for this?
If Agilo have jumped in before HMRC how unhappy are HMRC going to be and will they refuse to agree a CVA leaving CPFC with an additional 17 point deduction?
The Agilo charge is on EVERYTHING owned by the Club - I've seen it.
From the copyright of the Club crest through to the leases on the ground and training ground. Every single fixture, fitting, players contracts, paper in the ticket machine and toilets is mortgaged to Agilo.
Everything, the lot, the whole kit and kaboodle. The expression 'jumpers for goal posts' could be reality for their Cup replay (along as the jumpers don't come from the Club shop, which is now controlled for the administrator for Agilo)
Absolutely nothing related to CPFC is now owned by Jordan until those debts are paid. Every month means a further £100k in debts.
Personally gauranteed by the now pauper Jordan :-)))
HMRC cannot refuse a CVA unless their debt is 75% or greater. I would think Jordan is the largest creditor seeing as how he has gauranteed the majority of those debts - so exiting without a CVA is (I would of thought) unlikely.
Lets not get to carried away, remember there debit is probably in the £30 million region, ours is £22million so it could be us soon. Remember they get more money being in the championshipthan Charlton do in div1. It is never good to see a football club in finacial trouble however much you dislike them or see them as rivals. The immediate consquence for Charlton is the loss of £100,000 and that is a big blow for us, and will not help us in strengting the squad as this loss has to taken into consideration when the extra cost to the club of new players is looked at, loan or otherwise.
Comments
Myself I would prefer the Accrington Stanley, the club that wouldn’t die, model. Or at a push something along the lines of MK Dons, Crawley Eagles perhaps.
Really torn on this.
I wonder if we were in the prem and financially hunky-dory would it then be OK to gloat?
And I have the Champagne on ice!
If Agilo have a charge over the Palace players is that a form of thrid party ownership ala West Ham and Tevez? Can the FL hit them for this?
If Agilo have jumped in before HMRC how unhappy are HMRC going to be and will they refuse to agree a CVA leaving CPFC with an additional 17 point deduction?
But is there ever a situation where a Club might choose not to be promoted to the Premiership or recognise that, following the sale of their best players, they are unlikely to make the Play Offs anyway.
Let's face it if Palace, in their current state, got promotion via the play offs, even with the associated payments, they simply wouldn't be able to afford to attract and to lock players into Premier League type contracts and would, inevitably, go straight back down. If they go back down then, as we and other Clubs have found, the re-building process starts all over again and the Club is one big slippery slope.
So, why not take the penalty at a time when that 10 point dedction is not enough to put you in the bottom three and at a point when the Football League isn't going to say you deliberately chose to go into Administration i.e. having sold all your best players the Club drops like a stone and ends up in the bottom three and if you then try and go into administration you face that 10 point deduction (and possibly more) the following season in the Division below.
Or am I just being cynical?
Agreed, I think some of the happy clappers never followed us to Selhurst or Upton Park and don't have the huuuge chip I have on both my shoulders.
What's depressing is that you know, just know, that Knocker Jordan will come out of this smelling of roses.
His type always do.
that comment for me felt smug and that isnt really charlton, IMHO...
As for palace, well we all know they are muppets, and the appalling treatment and near extortion at the time was obviously horrendous, but as many have mentioned its dangerous to laugh, as we have already found out....
So off they go into Admin, write off their debts, start afresh, stay in the Championship with much the same players and maybe some new funding ala Southampton.
The penalty for going into Admin should be greater (not saying this in relation to Palace because it is too late, indeed if it was tougher it could well affect us)
Deary Dear, cancel your sky subscription?!
Don''t think it was Palace's choice.
Seems Agilo made the decision for them just before HMRC would have done.
talking abbout owning training ground and selhurst park. increasing outgoings. he said when he was there, what he did, building selhurst, how nothing has been done. hes just said about what we've done since we left selhurst park, and how crystal palace have been left behind.
my thoughts for what they are worth is that i have no feelings either way what happens to them. i only care about charlton. having said that, like others have said, i feel incredibly sorry for those backroom staff on normal monthly wages who will not know what is going on and whether they'll have a job today.
Pretty much everyone he encounters he takes to court in some way! business partners, ex employees, ex partners!
The Agilo charge is on EVERYTHING owned by the Club - I've seen it.
From the copyright of the Club crest through to the leases on the ground and training ground. Every single fixture, fitting, players contracts, paper in the ticket machine and toilets is mortgaged to Agilo.
Everything, the lot, the whole kit and kaboodle. The expression 'jumpers for goal posts' could be reality for their Cup replay (along as the jumpers don't come from the Club shop, which is now controlled for the administrator for Agilo)
Absolutely nothing related to CPFC is now owned by Jordan until those debts are paid. Every month means a further £100k in debts.
Personally gauranteed by the now pauper Jordan :-)))
HMRC cannot refuse a CVA unless their debt is 75% or greater. I would think Jordan is the largest creditor seeing as how he has gauranteed the majority of those debts - so exiting without a CVA is (I would of thought) unlikely.
So that's the legacy Jordan has left at Palace!
Surely Moses will be gone before Monday?
Pretty much everyone he encounters he takes to court in some way! business partners, ex employees, ex partners![/quote]
I wonder if there are any outstanding issues in the CAFC/Palace/Dowie legal action that this may scupper?
The immediate consquence for Charlton is the loss of £100,000 and that is a big blow for us, and will not help us in strengting the squad as this loss has to taken into consideration when the extra cost to the club of new players is looked at, loan or otherwise.
You can make an offer for anything here http://www.thepandapartnership.com/contact-us.html
Perhaps CL could club together and buy something to help our neighbours out.
Got to be something from the Boardroom though - I wonder if they have a sunbed?
All football debts have to be paid in full before a club can come out of Admin.
Transfer fees have to go through the Football League so we will be paid when the next player is sold.
Football creditors have priority over any other debt - including HMRC