Football Finance
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Football Finance
Keeping up to date with the latest news of Football Finance in English clubs since 2013. Follow @JohnBeech on Twitter for the quickest updates.  YOU MAY NEED TO SCROLL DOWN ON THIS PAGE FOR THE MOST RECENT POSTING - the latest news appears directly below the tags initially.  *****  SPORTS MANAGEMENT (including FIFA and football abroad) and EVENTS MANAGEMENT (including FIFA World Cups) news items are also available at http://www.scoop.it/the-business-of-sports-managemen and http://www.scoop.it/t/the-business-of-events-management respectively; for Scottish football finance see https://www.scoop.it/topic/the-business-of-sports-management/?&tag=Scottish+football..  ******
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Crystal Palace: John Textor selling stake in club amid Everton takeover links

Crystal Palace: John Textor selling stake in club amid Everton takeover links | Football Finance | Scoop.it
American businessman must first offload his 45 per cent share in the Eagles in order to potentially buy another Premier League team
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Crystal Palace report £58m loss for pandemic-hit 2019-20 season

Crystal Palace report £58m loss for pandemic-hit 2019-20 season | Football Finance | Scoop.it
Crystal Palace have announced a £58m loss for the 2019-20 season as a result of Covid-19's impact on football.
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Crystal Palace’s late, late show brings 2016-17 results season to a close

Crystal Palace’s late, late show brings 2016-17 results season to a close | Football Finance | Scoop.it
By David Owen
June 21 – Crystal Palace have finally rounded off the 2016-17 Premier League financial reporting season, posting a pre-tax profit of £11.8 million for a period that ended almost exactly a year ago.
The south London club, which recovered from a dismal start to the 2017-18 season to retain its top-flight status under former England manager Roy Hodgson, benefited from a one-off £4 million boost to operating income, Read more …
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Crystal Palace: Club to file accounts after threat of closure

Crystal Palace: Club to file accounts after threat of closure | Football Finance | Scoop.it
Crystal Palace will file their accounts within the next few days after being warned that failure to do so would lead to them being closed down.
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Crystal Palace Gets Green Light For New Stand

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Crystal Palace Launch Plans For A New Era

Crystal Palace Launch Plans For A New Era | Football Finance | Scoop.it
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Tony Pulis loses £3.7m Crystal Palace court battle

Tony Pulis loses £3.7m Crystal Palace court battle | Football Finance | Scoop.it
West Bromwich Albion manager Tony Pulis loses a £3.7m High Court battle with former club Crystal Palace.
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Crystal Palace gains legal support on US takeover deal

Crystal Palace gains legal support on US takeover deal | Football Finance | Scoop.it
Crystal Palace gains legal support on US takeover deal | Business in Sport | South East | Bdaily UK | Business News
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Crystal Palace in £100m takeover deal

Crystal Palace in £100m takeover deal | Football Finance | Scoop.it
Crystal Palace have agreed a takeover deal with American consortium led by Joshua Harris and David Blitzer that will see the pair purchase 18 per cent of the club each, with current chairman Steve Parish reducing his shareholding. The £100m deal is believed to include 70 per cent of Palace’s shares, while the remaining 46 per cent of the club will be owned by a combination of the three existing CPFC 2010 investors and other American investors. However, current co-owners Steve Browett, Martin Long and Jeremy Hosking will reduce their shareholding.
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Yohan Cabaye broke wage structure because he is the best at Crystal Palace, says Alan Pardew

Yohan Cabaye broke wage structure because he is the best at Crystal Palace, says Alan Pardew | Football Finance | Scoop.it

Crystal Palace manager insists that no other Palace player would be paid as much as Cabaye as they are 'not as good as him'

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Talks over planned takeover of Crystal Palace break down

Talks over planned takeover of Crystal Palace break down | Football Finance | Scoop.it
Talks over a planned takeover of Crystal Palace FC, the mid-ranked Premier League club, by a group of American businessman have broken down, according to people familiar with the matter. These people said that previously advanced discussions between
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Palace supremo reveals latest on takeover to Eagles fans

Palace supremo reveals latest on takeover to Eagles fans | Football Finance | Scoop.it
CRYSTAL Palace co-chairman Steve Parish has confirmed he's in no rush to sell the club and that any deal with a potential buyer is "not imminent". The Advertiser met with the Eagles...
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Exclusive: Crystal Palace takeover talk returns as interested party look to seal Selhurst deal

Exclusive: Crystal Palace takeover talk returns as interested party look to seal Selhurst deal | Football Finance | Scoop.it
Crystal Palace were heavily linked with a takeover at the end of October last year, with American billionaire Josh Harris reportedly interested in buying the club. Talk has died down fairly...
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Crystal Palace's new Main Stand gets council approval

Crystal Palace's new Main Stand gets council approval | Football Finance | Scoop.it
Crystal Place Football Club’s updated planning application for a new Main Stand at Selhurst Park has been approved by Croydon councillors, paving the way for a transformation of the stadium.
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Wanted, new money. Crystal Palace sales memo issued valuing club at £210m

Wanted, new money. Crystal Palace sales memo issued valuing club at £210m | Football Finance | Scoop.it
October 3 – Three years after buying into Crystal Palace, US owners Joshua Harris and David Blitzer, look to have put their stake up for sale in a deal that would value the south London club at £210 million.
A report in financial newspaper City AM says that a document drawn up by Zenith Global Capital Partners is offering the purchase of at least 75% and up to 90% of the club.
The club would be sold-debt free and is projected to have a future valuation of £525 million three years after the sale and £700 million two years after that. Read more …
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Crystal Palace set to file accounts amid threat of being dissolved

Crystal Palace set to file accounts amid threat of being dissolved | Football Finance | Scoop.it
Crystal Palace expect to file their annual accounts this week after the club was threatened with being dissolved for being more than two months late with its financial figures. Palace have been warned they could be struck off the companies register but there is understood to be no immediate danger of that happening.
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Crystal Palace owners face being struck off after failing to file accounts

Crystal Palace owners face being struck off after failing to file accounts | Football Finance | Scoop.it
The company that owns Crystal Palace is facing being struck off by Companies House with its accounts now two months overdue.
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Crystal Palace stadium redevelopment plans submitted

Crystal Palace stadium redevelopment plans submitted | Football Finance | Scoop.it
Crystal Palace Football Club plans to build six new family homes as part of its stadium redevelopment
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Palace takeover bid reportedly collapses following negotiations

Palace takeover bid reportedly collapses following negotiations | Football Finance | Scoop.it
Talks of a proposed takeover bid for Crystal Palace by Chinese investors have reportedly broken down, according to the Times. A report by The Times claims that Palace have rejected a takeove
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Palace profits drop £15m as staff costs soar like an eagle

Palace profits drop £15m as staff costs soar like an eagle | Football Finance | Scoop.it
Soaring costs have taken their toll on profits at Crystal Palace, the south London Premier League club which recently received an injection of new money from US investors.
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Crystal Palace close to new investment rather than takeover

Crystal Palace close to new investment rather than takeover | Football Finance | Scoop.it
Reports suggesting Johua Harris and David Blitzer are set to take a controlling stake in the club are wide of the mark
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Crystal Palace agree US investment 'in principle'

Crystal Palace agree US investment 'in principle' | Football Finance | Scoop.it
Crystal Palace agree, South London Press
John Beech's insight:


More at http://www.theguardian.com/football/2015/nov/12/crystal-palace-shareholding-new-jersey-devils-steve-parish

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CPST statement regarding CPFC loyalty points scheme

CPST statement regarding CPFC loyalty points scheme | Football Finance | Scoop.it
CPST, like the majority of supporters, is disappointed and concerned with the CPFC policy issued today on collecting loyalty points. This policy seeks to reward those who spend money at the ground ...
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Crystal Palace make £23m profit

Crystal Palace make £23m profit | Football Finance | Scoop.it
Crystal Palace announce a pre-tax profit of £23m with record turnover in their first season back in the Premier League.
John Beech's insight:


See also http://www.insideworldfootball.com/premier-league/16750-eagles-soar-up-premier-league-profits-table?acm=3596_988

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US private equity chiefs close in on Crystal Palace

US private equity chiefs close in on Crystal Palace | Football Finance | Scoop.it
Some of the biggest names on Wall Street are closing in on a takeover of mid-ranked English Premier League club Crystal Palace, a month after broadcasters announced they were handing over £5bn for the UK rights to football's most lucrative domestic competition.
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