CaptnCanary

That leaves what? Commentator?

[quote user="CaptnCanary"]71x0.2 + 60x0.2 + 70x0.6 = 68.2%[/quote] I''ll explain a bit better for you. You know this > 71*0.2 + 60*0.2 + X*0.6 = 68% So rearrange the equation to 68 - 71*0.2 - 60*0.2 = X*0.6 Divide both sides by 0.6 to get X = (68 - 71*0.2 - 60*0.2)/0.6 Therefore X = 69.666 But you would have been given a round number mark for your exam making it 70% and your actual module mark was 68.2% but is rounded to 68%

71x0.2 + 60x0.2 + 70x0.6 = 68.2%

Yes 70% is spot on

[quote user="Mark Smith"]Surely the official site/pinkun should have knocked up an article now. Something with Roeder telling us that we''ve got a few contracts in the pipeline, that it''s a lot harder to sign someone these days, and that summer transfer window old chestnut - "I''m on the phone all day and night".[/quote] Yeah probably texting his postcode to 696969

[quote user="2Cakes"]It sounds like talks aren''t underway because he still hasn''t made an offer to buy the shares yet. Whilst the implied offer of £20 million in the transfer kitty in return for the majority ownership of the club might be great for the fans it isn''t great for the shareholders. Whilst I would like the board to be open about what is going on, they have made clear what their asking price is. Now it''s time for PC be clarify the exact details of what his offer is. Perhaps the board think there has been no progress on PC''s side since discussions last took place and therefore further discussions aren''t worthwhile at this point in time. We only know the details that the board and PC wish to be made public. [/quote] How else do you expect him to clarify that other than by sitting down to discuss it with them?!?!?!?

At the end of the day a billionaire has offered to put £20m into the club in exchange for control. The board, if they have the clubs best interests at heart, should do everything they can to secure that investment. It is not unreasonable for the shareholders to want some money back for their shares. So why not sell 51% of the shares for around £6m. Cullum can then pay that £6m and put £20m into the team or stick at his original budget and put £14m into the team. Either way its a winner for everyone who wants the team to improve. But I fear that the current board do not have the clubs best interests at heart and are only interested in maintaining their current strangle hold on power.

[quote user="Jimmy Smith"][quote user="Evil Monkey"][quote user="Jimmy Smith"]Leave the guy alone! [/quote] Bye Jimmy, was nice knowing you... [:P] [/quote] To be fair to him, his best performance in a game involving us was when he scord in the 1st minute against us that time for QPR! I just wanted him to net 1 goal for us, then i could have got the official match report framed and made up a story to the future grandkids about how i played and scored for Norwich back in the day! [/quote] Yeah! Like a free version of those newspapers you can get printed!

I can think of another valid reason. How about we have money to spend but dont want everyone else to know yet?? May or may not be right but it would be a valid reason. I''m sure there are others too.

I seem to remember him asking if we''d all be OK while was away. He wont know whats hit the place when he gets back! lol

Will everyone just stop calling everyone a binner. Switchboard may well have been told to turn away all enquiries with that message. I''m sure there arent that many binners who come on here posting every day.

Now Match Day Pie. Following Mr Skipper''s statement do you finally understand what I was trying to tell you yesterday? £56m is hogwash. The club is valued at £16m max for 100% of the shares. If all parties are willing Cullum could buy the majority 32% shareholding for £4-5m. I hope that has cleared that up.

Thank Gawd Skipper has come out and pointed out exactly what was obvious to alot of us on here that £56m is just a pie in the sky figure. Surely now that the public will realise Cullum could buy the majority shareholding and still invest at least £15m from his original £20m offer into playing staff, the current board MUST try to negotiate a deal with him and get him on board. Delia has always said she is not in it for herself and she wants the best for NCFC so lets see her prove it right now. This is too good an opportunity to let it drift by.

Funny that. I emailed ND today telling him the previous press release was nonsense and asked if he would make another press release giving more details of Cullums offer and explain things properly before things turn very messy.

[quote user="SAFU2007"] I find it hard to believe PC was not informed of the £56m situation last year. These deals ( including the £20m offer last year ) are always negotiated/offered by professional negotiators backed up by solicitors and no stone is ever left unturned, therefore we have to assume that PC knew the buy out clause would be triggered. Whatever the source for the leak this week, the fact remains that PC has confirmed his offer is still on the table. FACT PC raised £60m recently. FACT Norwich have been linked to several "rather expensive players" recently FACT Few of these players have been purchased by other clubs. FACT Norwich must make "quite a few" signings in the very near future, if we want 11 players on the pitch come Aug 9th. FACT In conclusion, the speculation over the £20m could be a smokescreen to conceal the real deal that has already been agreed ie £56m. By making the £56m club statement, Delia has set up a situation where both She and PC will look like angels when it is announced. Delia giving the fans what they want and PC the new hero. The deal can not be confirmed until all signings are made for obvious reasons...the first indication that the deal has been agreed will surely be the signings of players that in GRs words " may raise a brow or two" This is the only conclusion that makes sense of the whole situation to me, am I wrong? What do you think?   [/quote] I think you could be very close to the mark. I have been thinking along those lines for a long time. Everything Roeder has been doing suggests alot of money being available, i.e. thinning out the squad dramatically, sacking Hucks, etc. How could he be so confident of replacing the players if he did not have a huge budget to spend. It may turn out that there is money but that it has come from somewhere else. Or it could be that the press got a whiff of the story and so they came up with this nonsense as a smoke screen until some more players are signed up. The club statement about it costing an investor £56m is utter rubbish so it certainly seems like a quickly thought up excuse to keep people off the scent a little longer to buy some time to sign some more players before their prices rocket at the news of big investment. Lets hope thats what its all about!

I agree with your points but I think the current debt is £16m and the £20m investment is a requirement of selling. So the club say anyway.   I was referring to the £20m of debt being the combination of £16m Bank loans and £4m Directors Loans

[quote user="Worst Wizard"][quote user="Match Day Pie"]I happen to be a Professor of Science[/quote] We''d already worked out it wasn''t Economics or Mathematics.[:)] [/quote] Hahaha. Brilliant. I think you can add English to that list too seeing as he doesnt understand grammar and that a sentence has to be read in full to be understood as its meant.

[quote user="Match Day Pie"][quote user="CaptnCanary"][quote user="Match Day Pie"][quote user="CaptnCanary"][quote user="Match Day Pie"][quote user="CaptnCanary"] [quote user="Match Day Pie"]It''s difficult to understand why so many people here think Delia is horrible old whatever for being reluctant to release her ''stranglehold'' on the club. Common sense in ANY business would suggest you need some kind of pay back for the time and money you''ve invested into the business. If Delia is to sell, isn''t it fair that she should not do so to a paltry offer like £20m? She has saved this club from extinction and is keeping it afloat. Cullum''s offer is not good enough - if he wants to be in charge, he should buy the club outright. All or nothing - as any investor should be. Those of you that think we should bite Cullum''s hand off have contradicted yourselves horribly by accepting the first wad of cash that comes our way. You are selling your club short for the promise of a bit of bling. £20m is all very well in the short term, but will go nowhere if there is not long term investment. £20m is nothing in today''s game and will only allow us to compete in the transfer market for overpriced players. £20m is no guarantee that we can compete on the field - look at Leicester. Our club is worth at least the £56m the board have announced, and anything less is an insult.[/quote] This post really makes you sound thick. The £56m figure is pure spin. The figure to buy the club as quoted is £16m for the shares and thats it. The £20m of debt can be renewed with the current lenders or refinanced with new lenders so thats not an issue. The £20m for players is what Cullum said he would like to put into new players but once he has bought the club he can put whatever he likes into the team. So its £16m to buy the shares and whatever he wants after that. £56m is just a pie in the sky figure invented by the club to fool anyone who doesnt think it through. [/quote] Thnaks for your kind words, fellow supporter. The board released a statement saying how much it would cost to buy the club. It laid it out in black and white. That is not spin, it''s fact. Learn the difference between what is printed in a worded statement and what your opinion is. Then get back to us. [/quote] Oh so everything ever printed in the gospel truth and does not need thinking about further eh? Cant you see for yourself that the club share value is just £16m? The existing debt would not have to be repaid but would be transferred to the new owner or refinanced by a man who has much experience and a pretty good credit rating. And he can put whatever he likes into the playing staff. So the club is worth £16m max. What bit of that dont you understand? [/quote]   It doesn''t matter what you or anyone thinks the valuation is - the simple fact is that the club have said they want a minimum of £56m to sell. They are the sellers, they name the price. What''s so hard to understand about that? It''s not ''spin''. It''s an asking price. Whatever you think of the board, and whether it will ever happen, it seems a pretty sensible ask to me - clear our (relatively small) debts and put money into the playing staff. Isn''t that what we all want? How could you not? [/quote] You still dont get it do you. They havent even said that £56m is an asking price. They have just said that it would cost £56m to buy the club and put £20m into playing staff. But the have failed to admit that the £20m debt could be financed and that £20m investment in the team is not a requirement of selling. Cullum could actually buy the club for £16m and put £4m into the squad, refinance the debt and its all within his budget. If you insist the club is worth £56m please explain where my sums are wrong.... [/quote] Dear God! I said it doesn''t matter what we think the value is, it''s the seller''s right to name a price. It doesn''t matter how Cullum could do it, or anyone else for that matter - if the club want £56m, that''s what they''ll ask for. You''re saying I don''t get it, but if you say, ''they haven''t even said £56m is an asking price'', then why do you say ''they''ve just said it would cost £56m to buy the club''? Is that not an asking price?     [/quote] See what I mean - THICK. You only quoted half of my sentence and then use that as your argument.

[quote user="Citizen Journalist Foghorn"][quote user="Match Day Pie"][quote user="CaptnCanary"] [quote user="Match Day Pie"]It''s difficult to understand why so many people here think Delia is horrible old whatever for being reluctant to release her ''stranglehold'' on the club. Common sense in ANY business would suggest you need some kind of pay back for the time and money you''ve invested into the business. If Delia is to sell, isn''t it fair that she should not do so to a paltry offer like £20m? She has saved this club from extinction and is keeping it afloat. Cullum''s offer is not good enough - if he wants to be in charge, he should buy the club outright. All or nothing - as any investor should be. Those of you that think we should bite Cullum''s hand off have contradicted yourselves horribly by accepting the first wad of cash that comes our way. You are selling your club short for the promise of a bit of bling. £20m is all very well in the short term, but will go nowhere if there is not long term investment. £20m is nothing in today''s game and will only allow us to compete in the transfer market for overpriced players. £20m is no guarantee that we can compete on the field - look at Leicester. Our club is worth at least the £56m the board have announced, and anything less is an insult.[/quote] This post really makes you sound thick. The £56m figure is pure spin. The figure to buy the club as quoted is £16m for the shares and thats it. The £20m of debt can be renewed with the current lenders or refinanced with new lenders so thats not an issue. The £20m for players is what Cullum said he would like to put into new players but once he has bought the club he can put whatever he likes into the team. So its £16m to buy the shares and whatever he wants after that. £56m is just a pie in the sky figure invented by the club to fool anyone who doesnt think it through. [/quote] Thnaks for your kind words, fellow supporter. The board released a statement saying how much it would cost to buy the club. It laid it out in black and white. That is not spin, it''s fact. Learn the difference between what is printed in a worded statement and what your opinion is. Then get back to us. [/quote] But it isnt ''fact''  the club is valued at 16 million.  Refinancing the debt 20 million and 20 million on players.  Cullum will already have the last 40 million sorted out, that is 20 million + a 20 million loan the club owe exactly the same as is now.  It is the 16 million value of the club shares that is the sticking point I would think. [/quote] Exactly right CJF. In fact I have just emailed Neil Doncaster to see if I can get him to admit to this. Will let you know if I get a reply.

[quote user="Match Day Pie"][quote user="CaptnCanary"][quote user="Match Day Pie"][quote user="CaptnCanary"] [quote user="Match Day Pie"]It''s difficult to understand why so many people here think Delia is horrible old whatever for being reluctant to release her ''stranglehold'' on the club. Common sense in ANY business would suggest you need some kind of pay back for the time and money you''ve invested into the business. If Delia is to sell, isn''t it fair that she should not do so to a paltry offer like £20m? She has saved this club from extinction and is keeping it afloat. Cullum''s offer is not good enough - if he wants to be in charge, he should buy the club outright. All or nothing - as any investor should be. Those of you that think we should bite Cullum''s hand off have contradicted yourselves horribly by accepting the first wad of cash that comes our way. You are selling your club short for the promise of a bit of bling. £20m is all very well in the short term, but will go nowhere if there is not long term investment. £20m is nothing in today''s game and will only allow us to compete in the transfer market for overpriced players. £20m is no guarantee that we can compete on the field - look at Leicester. Our club is worth at least the £56m the board have announced, and anything less is an insult.[/quote] This post really makes you sound thick. The £56m figure is pure spin. The figure to buy the club as quoted is £16m for the shares and thats it. The £20m of debt can be renewed with the current lenders or refinanced with new lenders so thats not an issue. The £20m for players is what Cullum said he would like to put into new players but once he has bought the club he can put whatever he likes into the team. So its £16m to buy the shares and whatever he wants after that. £56m is just a pie in the sky figure invented by the club to fool anyone who doesnt think it through. [/quote] Thnaks for your kind words, fellow supporter. The board released a statement saying how much it would cost to buy the club. It laid it out in black and white. That is not spin, it''s fact. Learn the difference between what is printed in a worded statement and what your opinion is. Then get back to us. [/quote] Oh so everything ever printed in the gospel truth and does not need thinking about further eh? Cant you see for yourself that the club share value is just £16m? The existing debt would not have to be repaid but would be transferred to the new owner or refinanced by a man who has much experience and a pretty good credit rating. And he can put whatever he likes into the playing staff. So the club is worth £16m max. What bit of that dont you understand? [/quote]   It doesn''t matter what you or anyone thinks the valuation is - the simple fact is that the club have said they want a minimum of £56m to sell. They are the sellers, they name the price. What''s so hard to understand about that? It''s not ''spin''. It''s an asking price. Whatever you think of the board, and whether it will ever happen, it seems a pretty sensible ask to me - clear our (relatively small) debts and put money into the playing staff. Isn''t that what we all want? How could you not? [/quote] You still dont get it do you. They havent even said that £56m is an asking price. They have just said that it would cost £56m to buy the club and put £20m into playing staff. But the have failed to admit that the £20m debt could be financed and that £20m investment in the team is not a requirement of selling. Cullum could actually buy the club for £16m and put £4m into the squad, refinance the debt and its all within his budget. If you insist the club is worth £56m please explain where my sums are wrong....

[quote user="jas the barclay king"][quote user="CaptnCanary"] [quote user="Thirst Wizard"]It''s getting annoying that Radio Nogood keeps saying The Club is valued at £56m.  Even at the most inflated prices this is pure misinformation. [/quote] Yeah and worse still loads of posters on here seem to believe its true. If Cullum is unable to negotiate a deal I fear we will NEVER get any investment until Delia and MWJ die or give the club away. [/quote] they''d give it to the Turners... do you really think they have the financial ability to run the team? jas :) [/quote] I dunno mate but maybe they would let go of the reins more easily and sell up to someone with serious money like Cullum. If we dont get Cullum on board I doubt we will ever get anyone as rich as him interested in investing in the club ever again. Imagine what he might put into the club in 10 or 20 years time when he is approaching 80 years old. Getting him on board now is the key to getting significant investment now and in the future.

[quote user="Thirst Wizard"]It''s getting annoying that Radio Nogood keeps saying The Club is valued at £56m.  Even at the most inflated prices this is pure misinformation. [/quote] Yeah and worse still loads of posters on here seem to believe its true. If Cullum is unable to negotiate a deal I fear we will NEVER get any investment until Delia and MWJ die or give the club away.

[quote user="Match Day Pie"][quote user="CaptnCanary"] [quote user="Match Day Pie"]It''s difficult to understand why so many people here think Delia is horrible old whatever for being reluctant to release her ''stranglehold'' on the club. Common sense in ANY business would suggest you need some kind of pay back for the time and money you''ve invested into the business. If Delia is to sell, isn''t it fair that she should not do so to a paltry offer like £20m? She has saved this club from extinction and is keeping it afloat. Cullum''s offer is not good enough - if he wants to be in charge, he should buy the club outright. All or nothing - as any investor should be. Those of you that think we should bite Cullum''s hand off have contradicted yourselves horribly by accepting the first wad of cash that comes our way. You are selling your club short for the promise of a bit of bling. £20m is all very well in the short term, but will go nowhere if there is not long term investment. £20m is nothing in today''s game and will only allow us to compete in the transfer market for overpriced players. £20m is no guarantee that we can compete on the field - look at Leicester. Our club is worth at least the £56m the board have announced, and anything less is an insult.[/quote] This post really makes you sound thick. The £56m figure is pure spin. The figure to buy the club as quoted is £16m for the shares and thats it. The £20m of debt can be renewed with the current lenders or refinanced with new lenders so thats not an issue. The £20m for players is what Cullum said he would like to put into new players but once he has bought the club he can put whatever he likes into the team. So its £16m to buy the shares and whatever he wants after that. £56m is just a pie in the sky figure invented by the club to fool anyone who doesnt think it through. [/quote] Thnaks for your kind words, fellow supporter. The board released a statement saying how much it would cost to buy the club. It laid it out in black and white. That is not spin, it''s fact. Learn the difference between what is printed in a worded statement and what your opinion is. Then get back to us. [/quote] Oh so everything ever printed in the gospel truth and does not need thinking about further eh? Cant you see for yourself that the club share value is just £16m? The existing debt would not have to be repaid but would be transferred to the new owner or refinanced by a man who has much experience and a pretty good credit rating. And he can put whatever he likes into the playing staff. So the club is worth £16m max. What bit of that dont you understand?

Its actually only £16m to buy the shares at FULL price! The £20m of debt would be transferred to the new owners or refinanced by a man who is perfectly capable of arranging that. So with his £20m offer he could buy the club and still have at least £4m for new players which is probably a darn sight more than we will have with the current incumbants!

[quote user="Match Day Pie"]It''s difficult to understand why so many people here think Delia is horrible old whatever for being reluctant to release her ''stranglehold'' on the club. Common sense in ANY business would suggest you need some kind of pay back for the time and money you''ve invested into the business. If Delia is to sell, isn''t it fair that she should not do so to a paltry offer like £20m? She has saved this club from extinction and is keeping it afloat. Cullum''s offer is not good enough - if he wants to be in charge, he should buy the club outright. All or nothing - as any investor should be. Those of you that think we should bite Cullum''s hand off have contradicted yourselves horribly by accepting the first wad of cash that comes our way. You are selling your club short for the promise of a bit of bling. £20m is all very well in the short term, but will go nowhere if there is not long term investment. £20m is nothing in today''s game and will only allow us to compete in the transfer market for overpriced players. £20m is no guarantee that we can compete on the field - look at Leicester. Our club is worth at least the £56m the board have announced, and anything less is an insult.[/quote] This post really makes you sound thick. The £56m figure is pure spin. The figure to buy the club as quoted is £16m for the shares and thats it. The £20m of debt can be renewed with the current lenders or refinanced with new lenders so thats not an issue. The £20m for players is what Cullum said he would like to put into new players but once he has bought the club he can put whatever he likes into the team. So its £16m to buy the shares and whatever he wants after that. £56m is just a pie in the sky figure invented by the club to fool anyone who doesnt think it through.