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Showing posts from March, 2021

New Main Stand

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  Now that academy is finished. Parish and co can go “hell for leather” for the new stand. Let's look into what it will mean for the club.  Increase in seats in the main stand of 7,873, reduction in Family stand of 594 and filling in the corner of Arthur Wait to add 683 seats. That would put the ground at 34,259. It would make Selhurst Park the 14th biggest club ground in England. Looking through the plans, It looks like the club will really increase its corporate facilities with two floors of the five-floor stand just being for corporate. It looks good for all budgets of hospitality. Watching padded seat on TikTok, I have noticed very different levels of hospitality. Before that, I used to think it was all very high-end. Actually, there are more affordable packages but still expensive.  New landmark I remember in the early days of cpfc2010 they replaced the gates to the stadium car park. Before that, if there was a news story about Palace. The go-to picture was of the tatty main s
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Palace Investors

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By the looks of things, Palace has a new investor called Robert Franco. He has been added to the significant interest list. To be added to this list you need to have at least 10% or more shares of the club. Don’t actually know much about this person. I am not even sure which Robert Franco has invested. Is it the trader that left Glencore or the very good skiier with the same name? So let's look at the other investor's Josh Harris and David Blizter with more than 10% of the shares.  Private Equity Background Josh Harris is a co-founder of Apollo global management. This company invests money on behalf of its customers. So for example a quarter of their investors are public pension funds. Other investors are Finance Companies, Insurance Companies, Sovereign Funds, and Governments. Apollo at end of 2020 had $445 billion assets under management; this was up by $124 billion in the last year. So in theory at that time if they sold all of their investments they own under their investm
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