dibbler 0 Posted December 17, 2015 With your new investors, we can only dream. Share this post Link to post Share on other sites
daly 500 Posted December 17, 2015 50 million being spent on their stadium.Still at least the sausage rolls at CR were hot at 1.30 so things are starting to move in the right direction Share this post Link to post Share on other sites
dibbler 0 Posted December 17, 2015 Sky Sports News HQ understands that a group of American businessmen, led by Josh Harris and David Blitzer, have agreed a £100m deal to buy a controlling stake in Crystal Palace. The deal, finally signed off in the United States on Wednesday night, sees 70 per cent of Palace shares changing hands - with chairman Steve Parish retaining an equal shareholding alongside Harris and Blitzer.The Americans will invest a further £50m on expanding and improving Selhurst Park and supplementing the playing squad. Share this post Link to post Share on other sites
Old Shuck 183 Posted December 17, 2015 The international attraction of London working well for Palace there.Like it or not, we''re perceived as a backwater. Out of the way and out of touch.But someone, somewhere, will ''get us'', eventually. Share this post Link to post Share on other sites
JF 694 Posted December 17, 2015 Listen. There isn''t anyone out there that wants to buy football clubs!! Share this post Link to post Share on other sites
curious yellow 184 Posted December 17, 2015 5OM won''t go far. Villa have American owners.Don''t wish too hard. Share this post Link to post Share on other sites
Mr Apples 1,317 Posted December 17, 2015 If you''re that impressed with Palace go and support them.Apples Share this post Link to post Share on other sites
SwindonCanary 455 Posted December 17, 2015 £100m deal to buy a controlling stake in Crystal Palace ? Not everyone are like Man. City/Chelsea owners. Most American businessmen will want a return on their investment. Share this post Link to post Share on other sites
Tumbleweed 106 Posted December 17, 2015 So the £100m goes to Simon Jordan, and the £50m is for both stadium and squad. Since we seem to be looking at £30m for just the City stand, how much will really be left for the squad?Swindon is right, the US investors seem to consider these things differently. Presumably they have their eye on the TV money and now that Palace look to be able to achieve safety comfortably the timing suggests that this would have been a big driver for them. it does not necessarily mean that they will suddenly have oodles of cash to splash around. But good luck to them, if it means they can help break up the monopoly at the top as Leicester are doing then that''s a good thing. Share this post Link to post Share on other sites
Tumbleweed 106 Posted December 17, 2015 Apols, meant the current owners, not Simon Jordan unless he also gets a share of the spondoolies. Share this post Link to post Share on other sites
The Bishop 0 Posted December 17, 2015 A sale is dependent on the owners wanting your sell I see no evidence that they wish to part company with our club Share this post Link to post Share on other sites
Norfolk Mustard 94 Posted December 17, 2015 Middle Eastern backers like impressive playthings and will throw money to get what they want. As Swindon Canary points out, US backers think rather differently as Man Utd, Liverpool & Villa have already discovered.The law of attraction says clubs need to show signs of success in order to attract more ''good stuff''. Right now Norwich are positioned in the bargain basement, so it doesn''t take much guessing as to the kind of investment offers we''re likely to attract... Share this post Link to post Share on other sites
Hairy Kenneth 0 Posted December 17, 2015 The Bishop another Waveney account? Joined the same day as all the others including Prince of Darkness. Why dont you just stick with one account? Share this post Link to post Share on other sites
Old Shuck 183 Posted December 17, 2015 [quote user="The Bishop"]A sale is dependent on the owners wanting your sell I see no evidence that they wish to part company with our club[/quote]But it is ''their'' club, not ours.But no evidence they wish to part company with their club doesn''t mean they won''t when the right offer comes along-if, indeed, there has ever been a semi-serious one. Share this post Link to post Share on other sites