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Hopkin Looking To Curl One…

A regular blog dedicated to Crystal Palace Football Club through the eyes of a fanatical supporter, contemplating everything from results to the colour of Stuart O'Keefe's boot laces…

Archive for the tag “Pape Souare”

How Much Debt Are Crystal Palace In? Every Premier League Club Ranked

The sixth anniversary of CPFC2010’s deal to save Crystal Palace from extinction passed on Wednesday, and now, an independent report has looked into the club’s debt in direct comparison with the rest of the Premier League. 

This report ranks Crystal Palace’s overall debt against each and every one of their Premier League counterparts. Some of the figures are truly eye-watering. 

It is no secret that the Eagles have seen financial mismanagement play a huge role in their recent history, with two stints in administration over the last 20 years provoking a sense of genuine trepidation amongst our fan-base whenever our name is uttered in the same sentence as the word “debt”.

Since winning a place in the Premier League for the start of the 2013/14 season, Steve Parish and his fellow directors have remained admirably careful with the club’s overall budget, mainly as a consequence of a desire to remain on solid footing behind the scenes, but now, with the influx of American money offering an added sense of security, we may see our general budget increased heading into the impending summer transfer window. 

The table attached at the top of this article, which ranks each of our competitors in relation to their overall levels of debt, demonstrates the incredible amount of money many clubs are willing to risk for a shot at glory, making the sums we were recently plunged into administration over look positively pathetic by comparison. 

As is the case across each and every transfer window, supporters are desperate to see the board splash the cash on new arrivals this summer, but you can clearly see from the club’s occupying the fifth and third highest places on the league table of debt above; throwing vast sums of money after a bad idea isn’t always the best way to navigate your way through a crisis. 

It makes for a very interesting read. 

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Newcastle Fan Hutchinson Fumes At The Cabaye To Palace Rumours

It seems as though most of the footballing public across England are a little baffled at the thought of Yohan Cabaye potentially joining Crystal Palace within the next few days, none more so than former West Ham player and lifelong Newcastle fan, Don Hutchinson.

The Scotsman, who has previously been extremely outspoken about the managerial techniques of Alan Pardew, having played under him whilst with The Hammers, took to Twitter this afternoon to express his disgust at the the thought of Cabaye joining Palace, rather than his beloved Magpies.

No doubt intended to be more of a criticism of Newcastle’s approach during the transfer window rather than a direct dig at us, Hutchinson did manage to refer to Crystal Palace as a small club, whilst using a broken heart emoji (how modern of him) to express his obvious sadness at the prospect of Yohan choosing SE25 over a return to St James’ Park.

With Newcastle fans everywhere just as upset as Hutchinson at the thought of the playmaker returning to the Premier League with a club other than them, Mike Ashley and Steve McClaren appear to be making the first of what is bound to be numerous PR own goals between now and next May.

Unfortunately for the Toon Army, it doesn’t look as though the current owner has any plans on leaving Tyneside for the foreseeable future.

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