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norwich debt 22:49 - Nov 9 with 6578 viewsTexacoCup

the edp says norwich are 96 million in debt, how on earth did they get into such a mess?
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norwich debt on 11:55 - Nov 10 with 1159 viewshype313

norwich debt on 11:43 - Nov 10 by ElephantintheRoom

So? That’s an even worse situation to be in as the pension fund are looking for a return on their ‘investment’. IF the carpetbaggers manage to sell the club in the near future for a profit it will still be by running it in a totally unsustainable manner - and Ashton, O’Leary and the Americans will be gone counting their dosh.


If my Aunt had balls she'd be my uncle.

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norwich debt on 14:01 - Nov 10 with 1064 viewsDyland

norwich debt on 11:43 - Nov 10 by ElephantintheRoom

So? That’s an even worse situation to be in as the pension fund are looking for a return on their ‘investment’. IF the carpetbaggers manage to sell the club in the near future for a profit it will still be by running it in a totally unsustainable manner - and Ashton, O’Leary and the Americans will be gone counting their dosh.


Please explain why an investor wanting a return is a worse situation than a lender wanting interest payments. In the context of Norwich and Ipswich currently, and, er, professional football in 2023.

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norwich debt on 14:02 - Nov 10 with 1062 viewsNthQldITFC

norwich debt on 14:01 - Nov 10 by Dyland

Please explain why an investor wanting a return is a worse situation than a lender wanting interest payments. In the context of Norwich and Ipswich currently, and, er, professional football in 2023.


I suppose it depends which club you support?

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norwich debt on 14:18 - Nov 10 with 1041 viewsDyland

norwich debt on 14:02 - Nov 10 by NthQldITFC

I suppose it depends which club you support?


Naughty!

Seriously though, Nerders consistently posts as if 40 years commercialisation of football hasn’t happened yet. I don’t disagree with his underlying issue but it’s surreal and out of time.

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norwich debt on 15:06 - Nov 10 with 984 viewsjaykay

norwich debt on 09:35 - Nov 10 by OldFart71

If true the main reason I want Town prepared for the Premier League, which currently they are not. Yes, we have a superb manager, a decent sized ground that's been updated. But as was shown against Palace we are some way short of being good enough although I appreciate it was basically our second eleven. But then it was also Palace's second eleven as well. Not that I don't want them promoted anytime soon and the situation in the Burley years doesn't exist as we now have a much better backup in the form of Gamechanger. A better management team who would make better decisions on player purchasing. Currently I feel we would need at least half a dozen players to come in to make us Premier League ready with around the same amount departing.


palace ? thought it was fulham .still they are both london clubs

forensic experts say footers and spruces fingerprints were not found at the scene after the weekends rows

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norwich debt on 17:05 - Nov 10 with 929 viewsBucklebury_blue

norwich debt on 09:35 - Nov 10 by OldFart71

If true the main reason I want Town prepared for the Premier League, which currently they are not. Yes, we have a superb manager, a decent sized ground that's been updated. But as was shown against Palace we are some way short of being good enough although I appreciate it was basically our second eleven. But then it was also Palace's second eleven as well. Not that I don't want them promoted anytime soon and the situation in the Burley years doesn't exist as we now have a much better backup in the form of Gamechanger. A better management team who would make better decisions on player purchasing. Currently I feel we would need at least half a dozen players to come in to make us Premier League ready with around the same amount departing.


Fulham?
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norwich debt on 17:11 - Nov 10 with 924 viewsBucklebury_blue

norwich debt on 17:05 - Nov 10 by Bucklebury_blue

Fulham?


Sorry, didn’t see previous post before I posted
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norwich debt on 19:58 - Nov 10 with 852 viewsVic

I’m not sure we have much to gloat about in this department. I seem to remember administration a few years ago, and more latterly a huge debt being wiped off by a certain Marcus Evans when he sold the club. We have absolutely no right to rejoice in the predicament of our friends up the road.

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norwich debt on 20:02 - Nov 10 with 848 viewsVic

norwich debt on 10:14 - Nov 10 by Blueschev

Not sure that this is doable, but I would suggest scrapping parachute payments completely and introducing mandatory relegation clauses in every Premier League contract. Then your wage bill would become more sustainable in the event of relegation without giving you an unfair advantage over everyone else in the Championship.


Is there a reason why relegation clauses aren’t included? Seems absurd to me. They should absolutely be mandatory!

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norwich debt on 20:14 - Nov 10 with 836 viewsBramidan

norwich debt on 20:02 - Nov 10 by Vic

Is there a reason why relegation clauses aren’t included? Seems absurd to me. They should absolutely be mandatory!


I wonder if anybody in football ever looks at what Mr Micawber said.
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norwich debt on 20:38 - Nov 10 with 813 viewsVic

norwich debt on 20:14 - Nov 10 by Bramidan

I wonder if anybody in football ever looks at what Mr Micawber said.


This maybe? “The twins no longer derive their sustenance from Nature's founts - in short," said Mr. Micawber, in one of his bursts of confidence, "they are weaned ... "

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norwich debt on 20:41 - Nov 10 with 811 viewsNthsuffolkblue

norwich debt on 09:35 - Nov 10 by OldFart71

If true the main reason I want Town prepared for the Premier League, which currently they are not. Yes, we have a superb manager, a decent sized ground that's been updated. But as was shown against Palace we are some way short of being good enough although I appreciate it was basically our second eleven. But then it was also Palace's second eleven as well. Not that I don't want them promoted anytime soon and the situation in the Burley years doesn't exist as we now have a much better backup in the form of Gamechanger. A better management team who would make better decisions on player purchasing. Currently I feel we would need at least half a dozen players to come in to make us Premier League ready with around the same amount departing.


I am sure there is no doubting what you say, but that Palace match was a long time ago.

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norwich debt on 20:52 - Nov 10 with 786 viewsitfctilidie

norwich debt on 09:35 - Nov 10 by OldFart71

If true the main reason I want Town prepared for the Premier League, which currently they are not. Yes, we have a superb manager, a decent sized ground that's been updated. But as was shown against Palace we are some way short of being good enough although I appreciate it was basically our second eleven. But then it was also Palace's second eleven as well. Not that I don't want them promoted anytime soon and the situation in the Burley years doesn't exist as we now have a much better backup in the form of Gamechanger. A better management team who would make better decisions on player purchasing. Currently I feel we would need at least half a dozen players to come in to make us Premier League ready with around the same amount departing.


thought we looked really strong against Palace, no? clean sheet, and 3-0 at half time with the game all but won.

Thought Nouble took his goal well.
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norwich debt on 20:54 - Nov 10 with 770 viewsNthsuffolkblue

norwich debt on 20:52 - Nov 10 by itfctilidie

thought we looked really strong against Palace, no? clean sheet, and 3-0 at half time with the game all but won.

Thought Nouble took his goal well.


Suggests we are ready after all!

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norwich debt on 21:49 - Nov 10 with 715 viewsNthQldITFC

norwich debt on 23:51 - Nov 9 by FrimleyBlue

Were they blue Marcus Stewart gloves?
[Post edited 9 Nov 2023 23:51]


I don't know. You've picked on the only part of the story I made up.

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norwich debt on 23:23 - Nov 10 with 690 viewsYou_Bloo_Right

norwich debt on 15:06 - Nov 10 by jaykay

palace ? thought it was fulham .still they are both london clubs


Palace is south of the river and therefore not London but Normandy.

Well, so my grandad (born and raised Caledonian Rd) told me.

Edit: Yes Fulham too is south of the river but somehow qualified as London. Perhaps the riverbank counts. I never explored this anomaly.
[Post edited 10 Nov 2023 23:25]

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