To be fair the securitisation payments are not a big problem

The one that gets me is the explanation of why we will not make a £7million pound loss next season which includes the reason "because we made a £2.6m player trading profit this summer."

This is the first time he has admitted that we have squirriled away this money - previously he has always maintained all money would go to the manager and would be available for team strengthening.

Posted By: Jim on October 4th 2007 at 10:59:15

Message Thread

The allegations - and the TRUTH!! (NCFC) - thebigfeller, Oct 4, 10:39:32
- To be fair the securitisation payments are not a big problem (NCFC) - Jim, Oct 4, 10:59:15
- even if it is his points stands - we had no alternative (NCFC) - mr carra, Oct 4, 10:45:57
  - Fine - so we should be actively looking for new owners to take over and put money in (NCFC) - thebigfeller, Oct 4, 10:47:59
    - How do you do that? (NCFC) - Johnny Comecardiff, Oct 4, 10:51:09
      - "If they felt it was the right investor" (NCFC) - thebigfeller, Oct 4, 10:53:47
        
        Big feller, you and I both have Jambo associations (NCFC) - Jambocanary, Oct 4, 11:09:35
        
        Am I the only person wondering what you mean by "Jambo" in this context? (n/m) (NCFC) - Partial McAngler, Oct 4, 11:10:50
        
        Jock rhyming slang: Jam Tarts, Hearts. (n/m) (NCFC) - Arizona Bay, Oct 4, 11:22:17
        
        Och aye the noo - thanks all☺ (n/m) (NCFC) - Partial McAngler, Oct 4, 11:23:10
        
        yes (NCFC) - blindasabat, Oct 4, 11:14:35
        
        Heart of Midlothian FC (n/m) (NCFC) - Jambocanary, Oct 4, 11:14:24
        
        So you want cash no matter who it comes from? (NCFC) - Swiss Yellow, Oct 4, 11:01:54
        
        Within reason - yes! (n/m) (NCFC) - Jim, Oct 4, 11:02:37
        
        what reason? (NCFC) - mr carra, Oct 4, 11:08:58
        
        Well I would not dismiss them just because they were foreign (NCFC) - Jim, Oct 4, 11:22:07
        
        so you almost agree with this then? (NCFC) - Swiss Yellow, Oct 4, 11:24:54
        
        Examples of piss poor investors...... (NCFC) - Johnny Comecardiff, Oct 4, 10:59:30
        
        Yes - all true (NCFC) - thebigfeller, Oct 4, 11:10:33
        
        Only if you choose to believe the misconception. (n/m) (NCFC) - Johnny Comecardiff, Oct 4, 11:17:21
        
        Point is though (NCFC) - Jim, Oct 4, 11:02:18
        
        it means they wouldn't sell up to someone only interested in Norwich for the money they (NCFC) - blindasabat, Oct 4, 10:55:38
        
        Except it's broadly impossible to make money in football anyway (NCFC) - thebigfeller, Oct 4, 10:57:46
        
        except by asset stripping (NCFC) - mr carra, Oct 4, 11:03:45
        
        You must be on a windup..... (NCFC) - Johnny Comecardiff, Oct 4, 11:01:20
        
        So why restrict possible new investors to "must be a fan, and must come from Norfolk"? (n/m) (NCFC) - thebigfeller, Oct 4, 11:02:47
        
        Find the quote. (NCFC) - Johnny Comecardiff, Oct 4, 11:03:52
        
        In fact..... (NCFC) - Johnny Comecardiff, Oct 4, 11:07:53
        
        who will then want to recoup as much of his outlay as possible (NCFC) - blindasabat, Oct 4, 11:00:06
        
        But you can say this about anyone (NCFC) - thebigfeller, Oct 4, 11:07:49
        
        Liverpool and Villa..... (NCFC) - Johnny Comecardiff, Oct 4, 11:15:23
        
        so how many of those have so far re-couped their investment? (n/m) (NCFC) - blindasabat, Oct 4, 11:11:15
        
        *(if not a fan)* (n/m) (NCFC) - blindasabat, Oct 4, 11:00:37
      - ebay... (n/m) (NCFC) - blindasabat, Oct 4, 10:53:07
- Wanky Phrases used but arseholes in suits. 1.) Blah Blah Blah ..Going forwards. (n/m) (NCFC) - Snakey, Oct 4, 10:44:29
  - Lets run it up the flag-pole and see who salutes. (n/m) (NCFC) - Snakey, Oct 4, 10:50:21
  - "I'd like a grande venti skinny latte hold the beans, please" (n/m) (NCFC) - Partial McAngler, Oct 4, 10:47:23
  - 2.) Its a win-win situation.... (n/m) (NCFC) - Snakey, Oct 4, 10:44:52
- Surely only in the same way a mortgage is an albatross round a homeowner's neck ? (n/m) (NCFC) - Arganth, Oct 4, 10:41:54
  - Except it means we'll never be able to give any manager a proper budget (NCFC) - thebigfeller, Oct 4, 10:45:25
    - Yes. (NCFC) - Arganth, Oct 4, 11:16:59
    - so what would you have done? (n/m) (NCFC) - mr carra, Oct 4, 10:47:37
      - I wouldn't have run up further debts on land, Mr Carra (NCFC) - thebigfeller, Oct 4, 10:51:55
        
        I would guess that the land will generate whopping gains when we sell it (NCFC) - mr carra, Oct 4, 11:19:27
      - What would Jesus do? (n/m) (NCFC) - Partial McAngler, Oct 4, 10:47:55
        
        got his disciples to build it on the cheap (n/m) (NCFC) - blindasabat, Oct 4, 10:52:20
  - (NCFC) - Partial McAngler, Oct 4, 10:43:31
- Albatross or millstone? Is there an official dividing line? (n/m) (NCFC) - Partial McAngler, Oct 4, 10:41:42
  - Toss off some pancetta (NCFC) - Jamie Oliver, Oct 4, 10:46:14
    - haha PA reviewing his top 5 usernames of all time (NCFC) - pants, Oct 4, 10:50:53

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