Personally, I don't think we'll have the money

Our costs for last season were 77m. Likely to be higher this season.

Out income for next season will be ?26m (parachute) plus maybe what, ?30m in Champ revenue? (it was ?23m the last time we were down there).

So I should imagine we'll have something like a ?20-30m shortfall to make up. Assume some headcount reduction, some salary reduction. We're still looking at needing to sell players or exhaust any cash reserves just to break even.

So any money to spend will depend on whether the Board likes being debt-free or whether it will speculate. We didn't speculate in January (with new manager or significant transfers). Will we do so next year?

My figures might be off (haven't had the time to pour over annual accounts of us and other similar Champ teams) and I might be misunderestimating the Board, but I can't see us spending wads of cash this year. I think we'll largely go with what we've got.

Posted By: CWC on May 8th 2014 at 12:31:09

Message Thread

BMTP (NCFC) - Hendrikos, May 8, 12:21:39
- Personally, I don't think we'll have the money (NCFC) - CWC, May 8, 12:31:09
  - misunderestimating? (NCFC) - Tombs, May 8, 12:36:45
    - oh god, I've used a Bush-ism... (NCFC) - CWC, May 8, 13:42:52
  - Yes, we didn't spend in January, but had the money to, so there is money there from that (NCFC) - Hendrikos, May 8, 12:36:26
    - But assuming the same people are making the decision... (NCFC) - Tricky Hawes, May 8, 12:37:23
      - I don't think they'll go crazy a la Portsmouth (NCFC) - Hendrikos, May 8, 12:45:01
        
        But would have been cheaper to have done that in January? They chose not to (n/m) (NCFC) - admckechnie, May 8, 13:06:07
  - I'm worried about this too. I thought not investing in Jan and not sacking Hughton for so (NCFC) - thebigfeller, May 8, 12:33:11
- Of course it could go in this direction. Absolutely it could. But it's down to the board - (NCFC) - thebigfeller, May 8, 12:23:44
  - I don't think that's true is it? Certainly not 1995. (n/m) (NCFC) - megson, May 8, 13:23:23
    - We were favourites for promotion (NCFC) - Brandonio, May 8, 14:16:44
      - It was only really after the first game we looked it, wasn't it? (NCFC) - norway, May 8, 14:34:36
    - *assumed* - an assumption apparently confirmed when MON joined us (NCFC) - thebigfeller, May 8, 13:34:08
  - We are in a better position financially than on both of those occasions. (NCFC) - Hendrikos, May 8, 12:27:57
- but we don't want to get promoted (n/m) (NCFC) - Only1Doherty, May 8, 12:22:31
- 100 points, 100 goals (n/m) (NCFC) - BSE Canary, May 8, 12:22:26

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