http://www.telegraph.co.uk/sport/football/leagues/championship/crystalpalace/7175165/Crystal-Palace-and-Simon-Jordans-troubles-a-cautionary-tale-for-all-owners.html
Thank goodness we have a Charlton fan board who have stumped up the money for our beloved club rather than relying on a hedge fund who it appears have pulled the rug on what appears to be a rather smallish debt in football terms
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"Putting my two-year-old's future on the line because I believed I could pull this club through."
This guy's nothing short of a saint!
The Mirror, which also has a soft spot for mentally unwell orange people called Jordan, also fell for his sob story - "I have vigilantly kept my own council [sic] since Palace went into administration, but I think the time is appropriate to talk publicly for the first time.” Oh, boo-hoo.
The fact that he caused the problem in the first place seems to have passed him by. I put my money on a crap horse.....it lost ......but I'm not going to ask for my money back.
When are the press going to work out that the geezer is an egotistical tosspot and not a football Guru.
By the end people knew I didn't lie !!!! WTF
The second most difficult phone call he ever made, was to tell the administrator, that he was the biggest creditor and he wanted his money back. Yeah I bet that was really difficult.
Hope he gets nothing back !
"People think I'm a bully-boy full of hot air but I'm not. I'm fair. I don't take any prisoners but neither should I. I'm not the kid who came in 10 years ago who wanted to cock a snook at everybody. I thought it was funny to be the enfant terrible, but by the end people knew I didn't lie, that I had bollocks.
"I've made two very hard phone calls in football. "The second most difficult call was to the administrator, Brendan Guilfoyle. Rather than the media image of me as 'bombastic, confrontational', I kept it totally un-emotive.
"I told him that he has a responsibility to the biggest creditor, which was me, and that his job is to administrate the club not run it into liquidation. I said to Guilfoyle: 'I'm going to be as helpful as I possibly can. The biggest thing is that the club survives. And don't touch that Academy'.''
COCK.
ORANGE COCK.
Has he been masterbating whilst eating Wotsits ?
I suspect that Max Clifford might have called in a favour or two and got Henry Winter to write something sympathetic.
You've lent a company £5.1m
At 18% PA
And they're paying it.
So why the hell do you call in the administrators?
Unless of course Jordan isn't telling the truth.....
Surely not.
Methinks the man is being economical with the actualite again! Agilo could not have put them into administration unless there was a material and subsisting breach.
That is, as they say in the trade, a "single source" story and should not have made it into print until he had spoken with Agilo and the Administrators to get their side of the story.
mmmmmm.........We agree!
More like £1........lol
He borrowed the money from anywhere he could get it and guaranteed the loans. Now the loans are being called in - he has to foot the bill. It means if your partner borrows on their credit card the you've guaranteed up to the limit, cannot afford to pay back the bill, you are liable.
I love the way Jordan mentions nothing about SP in both the articles. That lease is a real millstone around the neck for anybody that wants to take Palace out of administration - to purchase SP from Rock's administrators would probably cost at least £20m just for starters.
Is there any possibility that he was in complete cahoots with Agilo. And that they called in the administrators so that he did not lose face with the Palace fans, but got out with some (of his) money?
Selling off 5 yrs STs which eat into future ticket revenue (robbing Peter to pay Paul) and agreeing to a loan of £5.1m with a rate of 18% on it.
The bloke was in the right place at the right time when he sold his phone business off, theres no denying that, but since then has let his own hype rule his head. I honestly think that he considers himself as a young Alan Sugar; despite the myriad of failures he chucked money at in the past 10yrs.
I've been told the film was quite good though.
Shame he took £600k out of Palace to pay for it though.
He says it as though he was surprised we were motivated.