I doubt we'll be subsidising anything for a long while if we're paying £10m transfer fees and equivalent wages.

Would be a nice gesture though.

You are right. This is why they forced Jordan into administration when, technically, they didn't have to. It reduced the price of acquiring the club. No question CPFC2010 have been our saviours but let's not forget, they're hard-nosed businessmen too. It's also how the rich get richer. 4 million for a ground with a land value many times that and a 99% discount on debt...nice work if you can get it. They had a return on their investment the minute they signed the contact.

Sydenham by birth. Selhurst by the Grace of God.

I thought they acquired the ground for 12m

‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway

Very little risk??? Dismissing the amount it cost to buy the club they took over when we had just struggled against relegation (albeit with points deduction) and were favorites for the drop the next season.

It is the cost of running the club which at the time was generating hardly any money. We were running at something like a 6/7m loss a year and only just broke even the year we sold Zaha and got promoted.

They might have had a speculative plan but could never have visioned it would turn out as well as it has.

Can a mod remove the word 'rumour' from this thread. It seems a done deal now!!

Supporting Crystal Palace since 19.45 on 29th August 1972 (approximately)!

Correct. I doubt it was in their business plan to be spending £10m+ on buying a French international with 40 odd caps within 5 years when they came in. I don't think buying Cabaye would stop them subsidising away ticket prices though. Even a £10-20 subsidy per game would cost less than £1m over the season. It would also probably protect them from having to pay for unsold tickets (e.g. Wet Spam last season).