Post by ingham on Oct 23, 2010 17:26:29 GMT
Especially from fans who are directors 
I didn't understand the bit about what the Palace guys are actually doing, especially the £4 million, and the £500,000 increase in turnover.
At face value, I don't see how it would work, to be honest. Surely costs are rising far faster than £500,000 a year for a Club of Palace's size. So an increase in turnover of £500,000 a year would mean less money to spend, not more, as costs escalated.
And the reason isn't hard to find. Before anyone has even kicked a ball, new owners invariably predict more success, more support, more income.
Making everything more expensive, and wages particularly go through the roof as the Board are obliged to put the Club's money where their mouth is.
If they said they would keep expenditure below revenue however well or badly the Club did, that would be very interesting indeed, as it would encompass every possible outcome, without needing to resort to unconvincing predictions.
Let's face it, if a football club really were able to predict what was going to happen, its predictions would be far more realistic and downbeat than the usual PR stuff.
After Noades, Goldberg and Jordan, I hope the Club will set about serving its own interests now, and I'll be interested to know, among other things, whether the Club - and not just a company using the Club's name but controlled by investors - actually owns Selhurst Park.
I didn't understand the bit about what the Palace guys are actually doing, especially the £4 million, and the £500,000 increase in turnover.
At face value, I don't see how it would work, to be honest. Surely costs are rising far faster than £500,000 a year for a Club of Palace's size. So an increase in turnover of £500,000 a year would mean less money to spend, not more, as costs escalated.
And the reason isn't hard to find. Before anyone has even kicked a ball, new owners invariably predict more success, more support, more income.
Making everything more expensive, and wages particularly go through the roof as the Board are obliged to put the Club's money where their mouth is.
If they said they would keep expenditure below revenue however well or badly the Club did, that would be very interesting indeed, as it would encompass every possible outcome, without needing to resort to unconvincing predictions.
Let's face it, if a football club really were able to predict what was going to happen, its predictions would be far more realistic and downbeat than the usual PR stuff.
After Noades, Goldberg and Jordan, I hope the Club will set about serving its own interests now, and I'll be interested to know, among other things, whether the Club - and not just a company using the Club's name but controlled by investors - actually owns Selhurst Park.