I just stumbled across Norwich's financial results for last year on 15:43 - Nov 5 with 1433 views | Illinoisblue | more detail from the excellent Kevin Maguire:
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I just stumbled across Norwich's financial results for last year on 15:44 - Nov 5 with 1424 views | monytowbray | “ Norwich's chief operating officer Ben Kensell said: "These figures demonstrate the club's financial resilience with our first year without parachute payments” It’s easy to say seeing as they went up, but if they didn’t they’d have been screwed this year. God I hate them, they’ve rolled the dice so many times in the last decade and almost always landed a double six. Their luck will come to an end one day, they’re a gambler’s club, not some kind of beacon of footballing safety. | |
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I just stumbled across Norwich's financial results for last year on 15:48 - Nov 5 with 1380 views | GeoffSentence | They desperatey needed that promotion. Without it they would have been more fvcked than we are financially, what with Delia being a pauper footballwise. | |
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I just stumbled across Norwich's financial results for last year on 16:36 - Nov 5 with 1228 views | Swansea_Blue |
I just stumbled across Norwich's financial results for last year on 15:44 - Nov 5 by monytowbray | “ Norwich's chief operating officer Ben Kensell said: "These figures demonstrate the club's financial resilience with our first year without parachute payments” It’s easy to say seeing as they went up, but if they didn’t they’d have been screwed this year. God I hate them, they’ve rolled the dice so many times in the last decade and almost always landed a double six. Their luck will come to an end one day, they’re a gambler’s club, not some kind of beacon of footballing safety. |
I think all he means there is that they were able to cover the shortfall without incurring cash flow issues, as opposed to being in a good state. This kind of bursts the myth that Farke went back to basics and got them promoted on togetherness and team spirit (after shedding the bigger earners from their last PL stint). They spent considerably more than most clubs. | |
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I just stumbled across Norwich's financial results for last year on 16:39 - Nov 5 with 1202 views | Steve_M |
I just stumbled across Norwich's financial results for last year on 15:44 - Nov 5 by monytowbray | “ Norwich's chief operating officer Ben Kensell said: "These figures demonstrate the club's financial resilience with our first year without parachute payments” It’s easy to say seeing as they went up, but if they didn’t they’d have been screwed this year. God I hate them, they’ve rolled the dice so many times in the last decade and almost always landed a double six. Their luck will come to an end one day, they’re a gambler’s club, not some kind of beacon of footballing safety. |
It was pretty clear last season that, for all the talk of a sustainable model, it was a final attempt at promotion using the benefits of parachute payments. Unfortunately they did better than we did in 2004-05 and, whereas we haven't really recovered, this season will keep them going for another few years. | |
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I just stumbled across Norwich's financial results for last year on 16:39 - Nov 5 with 1197 views | PrideOfTheEast |
I just stumbled across Norwich's financial results for last year on 15:44 - Nov 5 by monytowbray | “ Norwich's chief operating officer Ben Kensell said: "These figures demonstrate the club's financial resilience with our first year without parachute payments” It’s easy to say seeing as they went up, but if they didn’t they’d have been screwed this year. God I hate them, they’ve rolled the dice so many times in the last decade and almost always landed a double six. Their luck will come to an end one day, they’re a gambler’s club, not some kind of beacon of footballing safety. |
Exactly this. They would have been in real trouble and they knew it. They were fairly publically looking for investment around 14 months ago. Will be interesting to see when they do change hands - I was told quite reliably that it would be fairly soon but that was a little while ago. | | | |
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