• Financial Results

    Crystal Palace 2018/19: Dissidents

    Summary 2018 £’m 2019 £’m Change Revenue 150 155 +3.4% Wages 117 119 +1.7% Operating losses (39) (36) -7.3% Player sale profits 2 46 +1,795% Pre-tax profit/(loss) (38) 5 Squad cost 197 208 +5.3% Borrowings 64 83 +29.4% Introduction Blog updates during a pandemic when we should be doing the day job appear to be the in thing for public sector employees so here’s my look at Crystal Palace’s 2018/19 finances. Only one other club remained to publish their accounts in the Premier League following Palace, and it will come as no surprise that Mike Ashley’s Newcastle are the guilty party here and they hurriedly put theirs out within a…

  • Financial Results

    Crystal Palace 2017/18: I Just Can’t Be Happy Today

    Surviving in the Premier League is even tougher than getting there and an eleventh place position is testament to Roy Hodgson in guiding the club to another season at the top table. Usually Palace start the season poorly and improve in the second half of the season and 2017/18 was no exception after the De Boer experiment was quickly jettisoned. Sustainability from a financial perspective wasn’t achieved however as the club, despite record revenues, lost £750,000 a week from day to day operations and was reliant upon the club owners to finance the gap. An increased capacity Selhurst Park is part of the club’s strategy to improve the finances in…

  • Financial Results

    Crystal Palace 2017: Dancing In The Dark

    Starting with the elephant in the room, we’re Brighton fans here on this blog, so stop reading if you’re a Palace fan and think the aim is to have a pop at your club’s finances. The Palace accounts cover the year to 30 June 2017, they were due to submitted to Companies House by 31 March 2018 but were a few months late. Eagles fans (and those of their rivals) have speculated as to why the club has taken such an approach, as all other clubs had submitted their accounts some time ago. Vast amounts of social media space have been taken up with fans arguing, often with themselves, as…