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Transfer Hotline Latest transfer news, rumours and suggestions for new Palace players. Includes outgoing transfers and news on released players.

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  #21  
Old 10-05-2012, 12:56 PM
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They missed out the 0 after the 5.

Utter nonsense (hopefully)
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  #22  
Old 10-05-2012, 04:16 PM
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Originally Posted by The Gerry Queen
Lazy journalism. Some sports journalists have got so used to thinking of us as 'cash strapped', they can't adapt to the changes we have made. There will be more of this in the summer. Steve Browett has proved this report wrong so time to move on.

But the club is 'cash strapped' and running at a loss. It's the owners personal wealth that keeps us going, not the revenue from matches, and there's a limit to that too.

Just because we have four very wealth owners doesn't mean the club is wealthy, and I doubt if there are more than a hanful of clubs (if any) who can boast otherwise.
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  #23  
Old 10-05-2012, 05:29 PM
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Originally Posted by FFS
But the club is 'cash strapped' and running at a loss. It's the owners personal wealth that keeps us going, not the revenue from matches, and there's a limit to that too.

Just because we have four very wealth owners doesn't mean the club is wealthy, and I doubt if there are more than a hanful of clubs (if any) who can boast otherwise.

So why aren't most other clubs that are running at a loss getting called cash strapped then?

We aren't cash strapped. If we was in debt then we would be i suppose, but we're not because our owners are putting money into the club.
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  #24  
Old 10-05-2012, 05:49 PM
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Originally Posted by FFS
But the club is 'cash strapped' and running at a loss. It's the owners personal wealth that keeps us going, not the revenue from matches, and there's a limit to that too.

Just because we have four very wealth owners doesn't mean the club is wealthy, and I doubt if there are more than a hanful of clubs (if any) who can boast otherwise.

Going on your view, 99 per cent of clubs are cash strapped. Very few turn over a profit
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