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Dave

Mega Rich Owners

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Mega Rich owners of a football team may be great in the short term, yes it doesnt matter about breaching FFP as they will just pay he fine an carry on.

However i predict within the next 5 years at least one of these owners will pull the plug (an it could be a top team) and that team will be lucky to stay in business.

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People have been saying since the minute that he came in "Yeah but will Chelsea be when Abramovich gets bored and moves on?"Still no sign of it.

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That''s Chelsea. Now what about Villa?

We would never really know if a mega rich owner would be good for us until or if we get one.

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[quote user="nutty nigel"]That''s Chelsea. Now what about Villa?

We would never really know if a mega rich owner would be good for us until or if we get one.[/quote]I don''t think they ever really fell into the mega owner category.

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[quote user="morty"]People have been saying since the minute that he came in "Yeah but will Chelsea be when Abramovich gets bored and moves on?"Still no sign of it.

[/quote]

Its not happened yet but it will.

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[quote user="Dave"][quote user="morty"]People have been saying since the minute that he came in "Yeah but will Chelsea be when Abramovich gets bored and moves on?"Still no sign of it.

[/quote]

Its not happened yet but it will.[/quote]Maybe, maybe not.Will the clubs like Man City and Chelsea be in good shape if it does? Almost certainly.In the case of Chelsea look at what they are now, compared to pre Abramovich days.

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I thought it did and that Randy Lerner was exactly the sort we should be looking for. Or that''sewhat I read on here. But if we''re only discussing Sheihks and the like them how many is there?

If we can have the guy from Citeh then I''m in!

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I''m surprised at you Nutty, would that Sheik have to move inside the ring road to be considered a real supporter....😉

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[quote user="nutty nigel"]I thought it did and that Randy Lerner was exactly the sort we should be looking for. Or that''sewhat I read on here. But if we''re only discussing Sheihks and the like them how many is there?

If we can have the guy from Citeh then I''m in![/quote]Agreed. No Americans. Just one of those nice Arab fellas.[;)]

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[quote user="Indy"]I''m surprised at you Nutty, would that Sheik have to move inside the ring road to be considered a real supporter....😉[/quote]

 

He can have my spare room. If you look at Citeh they are committed to the community in the same way our club are. Obviously on a different scale. But we don''t want commooooonity do we buh[;)]

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If someone truly loves the club and wants to invest, then fine. But their heart has to be in it. Whilst a lot of money is great, the club has to be managed and the interested has to be there. As Nutty said, I know we''re most likely going down to, but I''d much rather be in our position than Villa''s!

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How about Ellis Short at Sunderland? Billionaire, impressive track record, been at Sunderland since 2008, I mean they seem to have progressed really well...

The fact of it is, that there are very few owners of football clubs that fans are happy with. As much as we can find fault with Delia et al, and as many mistakes they may make deep down they are fans and have the clubs interests at heart and they are certainly not in it to skim funds from the club and to turn a profit. That puts us in a more privileged position than many other clubs around the land.

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This is all pretty academic

We can all chat about wanting delia gone and how you saw her curse your potato crop by sacrificing a hog but he fact is we are desperately unfashionable and I can''t see any likely candidates to take over.

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[quote user="Buh"]This is all pretty academic

We can all chat about wanting delia gone and how you saw her curse your potato crop by sacrificing a hog but he fact is we are desperately unfashionable and I can''t see any likely candidates to take over.[/quote]

As unfashionable as say, Swansea, C. palace, Bournemouth or Stoke? They have had recent investment, have they not?

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Like it or not, they are far more attractive business propositions than us.

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If we were up for sale we would have a decent prospect

you only have to look at

Debt Free Club

Reasonable size stadium

Own stadium and training ground

Sell out crowds

Season ticket waiting list

Large membership base

We just have to be careful who we choose

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[quote user="Dave"]If we were up for sale we would have a decent prospect

you only have to look at

Debt Free Club

Reasonable size stadium

Own stadium and training ground

Sell out crowds

Season ticket waiting list

Large membership base

We just have to be careful who we choose[/quote]As has been said elsewhere, thats not what investors want, they more want a club that is a bit in the $hit, that they can buy at a knockdown price. Think Ipswich.

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Like it or lump it, the trouble is that we are out on a limb. Small population, no big industries, farming community, seen as a bit out of touch and definitely not where the action is.On top of that, compared to most PL Clubs actually getting here is a pain.We don''t have an airport that flies to anywhere whereas other Clubs mentioned (Swansea, Palace, Bournemouth, Stoke) are either within easy reach of a proper International airport or they''ve got one of their own.(e.g. Bournemouth)Furthermore, unlike most other PL Clubs we do not have a highly paid population who have the necessary spare cash to splash on vast amounts of  Club merchandise etc. Unlike Leicester, and most other PL Clubs, we don''t have a large and diverse mix of ethnic groups and very often mega rich Foreigners are attracted to Clubs where there is a significant population of  their own Nationality.

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A major international airport is unlikely to be a seller.

Norwch has its own airport and people with mega money are likely to fly private jet anyway.

Bournemouth airport is hardly huge and Southampton is an hour or more away. From Norwich you can get to Stansted in under a couple of hours.

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[quote user="Making Plans"]Like it or lump it, the trouble is that we are out on a limb.
Small population, no big industries, farming community, seen as a bit out of touch and definitely not where the action is.
On top of that, compared to most PL Clubs actually getting here is a pain.
We don''t have an airport that flies to anywhere whereas other Clubs mentioned (Swansea, Palace, Bournemouth, Stoke) are either within easy reach of a proper International airport or they''ve got one of their own.(e.g. Bournemouth)
Furthermore, unlike most other PL Clubs we do not have a highly paid population who have the necessary spare cash to splash on vast amounts of  Club merchandise etc.
Unlike Leicester, and most other PL Clubs, we don''t have a large and diverse mix of ethnic groups and very often mega rich Foreigners are attracted to Clubs where there is a significant population of  their own Nationality.
[/quote]

 

Southampton, you''re always bumping onto Swiss people.

Bournemouth, Russians everywhere.

Leicester, Thai that, Thai this.

Manchester, Elvis Costello was wrong, it''s not London that''s full of Arabs.

Liverpool, Americans!

 

 

 

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Swansea, uninterrupted stretch in the premier league, massive inflated prices for sales of players and a consortium of local rich people (I don''t know if you''ve noticed but there aren''t any in Norfolk) = American takeover.

Palace - LONDON (literally all that needs to be said)

Bournemouth - shady as f£&@ Russian guy. Bornemouth is full of rich people from London.

Stoke - Stoke is a s4ithole. But they''ve been in the premier league how long now by hook or by crook?

Norwich

Location - nope!

Rich local benefactor - nope!

Stable league position - nope!

The best we could hope for is some small fry money launderer crook like the one at Leeds.

I want a new investor, I''d like an owner that can back out ambition but you have to ask where is it going to come from. Just saying "there''s bound to be someone out there" is mental.

"There''s a Nigerian prince who wants to buy us! I got an email about it this morning! I can also get a great price on viagra for anyone who wants it?"

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People are missing the point somewhat here - why is the Premier League the richest league, why is the TV money going up to £170m per club next season. Its because of its global reach and power.

I don''t buy any of this ''need to be a fan'', need to have the best interests of the club at heart bull - Very few (if any) of these mega rich investors had any affinity to the clubs they invested in prior to buying their stake they just knew the club was in the Premier league and they wanted a bit of the action. It therefore makes very little difference to them where the club is located (as they all probably have their own private helicopters to get to London if they wanted).

People keep rolling out the failures/dangers i.e. what if Abramovich left Chelsea - i''ll tell you what would happen - they would have a queue of other billionaires lining up at the door waiting to take over. For every failure/disaster their are at least 3 clubs where it has benefitted.

This is sadly what the Premier league has become, I personally hate what it stands for, and has absolutely ruined our national team BUT if you want to eat at the big boys table you ultimately have to play by its rules which would mean for Norwich (or any other club wanting to establish themselves in the Premier League) seeking a very very wealthy investor whereever they may come from.

The reason we have got relegated is purely and simply down the fact we haven''t got enough money, the money needed to buy and pay the wages of those 2 new centre backs and 15 goal striker we needed last summer. McNally made mistakes (as did ALex Neil, the players etc) but he had to work within the financial constraints set buy the board and the wealth or our current owners.

If you want to live in the idealistic world where your football club isn''t in debt, doesn''t want to lose control to a major new investor, wants to remain a lovely cuddly family club, then fine I personally have no issue with whatsoever and infact would prefer it to be that way - BUT that means you have to accept we will never be an established Premier league club.

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[quote user="The Judge"]People are missing the point somewhat here - why is the Premier League the richest league, why is the TV money going up to £170m per club next season. Its because of its global reach and power.

I don''t buy any of this ''need to be a fan'', need to have the best interests of the club at heart bull - Very few (if any) of these mega rich investors had any affinity to the clubs they invested in prior to buying their stake they just knew the club was in the Premier league and they wanted a bit of the action. It therefore makes very little difference to them where the club is located (as they all probably have their own private helicopters to get to London if they wanted).

People keep rolling out the failures/dangers i.e. what if Abramovich left Chelsea - i''ll tell you what would happen - they would have a queue of other billionaires lining up at the door waiting to take over. For every failure/disaster their are at least 3 clubs where it has benefitted.

This is sadly what the Premier league has become, I personally hate what it stands for, and has absolutely ruined our national team BUT if you want to eat at the big boys table you ultimately have to play by its rules which would mean for Norwich (or any other club wanting to establish themselves in the Premier League) seeking a very very wealthy investor whereever they may come from.

The reason we have got relegated is purely and simply down the fact we haven''t got enough money, the money needed to buy and pay the wages of those 2 new centre backs and 15 goal striker we needed last summer. McNally made mistakes (as did ALex Neil, the players etc) but he had to work within the financial constraints set buy the board and the wealth or our current owners.

If you want to live in the idealistic world where your football club isn''t in debt, doesn''t want to lose control to a major new investor, wants to remain a lovely cuddly family club, then fine I personally have no issue with whatsoever and infact would prefer it to be that way - BUT that means you have to accept we will never be an established Premier league club.[/quote]

Don''t confuse people with logically thought out posts.[:D]

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Will lots of mega rich owners be content with life in the Champs or lower than that even? The bubble has to burst for a lot of clubs eventually, its inevitable. These are things that go beyond our local neck of the woods of course. The billionaires of Chelsea, Man. City etc had things pretty much to themselves and their clubs at first of course, but the explosion of clubs acquiring mega rich owners in recent seasons has now pretty much saturated the Prem. Logic is that there are 20  positions at the top table, but the number of clubs with truly rich owners is fast exceeding that number, meaning each season more and more clubs with these type of owners will have less and less chance of getting into the top tier.Therefore, i look at our club and have to think do we really want to have mega rich owners? Will it really in truth  anymore give us that long extended stay in the Prem? Big changes are coming to the top leagues in Europe in the next 10-15 yrs, more and more players will head to China, as that is where the big money will be. How that will affect the Prem, and our own club, who knows. All we  should care is to watch our team each week, wherever they are, and be happy and content for so many things that make NCFC unique. OTBC.

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Agree with that Judge. I also agree with the point that being in a good state financially does not help, it would appear you either have to be an established Premiership side or a club that can be bought relatively cheaply.

The URL (sorry I am a luddite when it comes to IT) below makes interesting reading in respect of who owns English clubs and their owners relative wealth, there are clubs in League 1 and League 2 with owners richer than ours (not a criticism).

https://en.wikipedia.org/wiki/List_of_English_football_club_owners

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SOB, last time I look I think we were 45th in the owners wealth table. This means that for the last six? seasons we out performed over half the clubs wealthier owners than us. It''s true that to progress to the next level we need wealthier owners. But false to think that wealthier owners would mean we will progress to the next level. Somewhere on here I read that for every wealthy owner who fails there are four who succeed. That''s utter bollox. Just take a look at the PL from 5 years ago and 10 years ago. When examples are quoted they are from the here and now. But where are the previous examples from the then. The PL will never hold more than 20 clubs regardless of how many have wealthy owners. And if those 20 move to that next level then who will ever get relegated?

 

I guess there''s no answers to many of these questions and we should always be ambitious and try to get to that next level. But surely for where we are now our owners are constantly outperforming their wealth and are far far far from holding us back as they are often accused of doing.

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I still think Sheikh Mohammed Bin Rashid Al Maktoum would be a good fit. A mini-empire in Newmarket which is relatively close, bottomless pit of money and sticks at a project (see Godolphin) even if it isn''t reaping the expected rewards.

But they do race in Blue. BLUE.

It''d never work...

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Absolutely Nutty, I have always said the same thing regarding the fact that Premier league clubs are a finite resource and every season three get relegated, which leads to the question of whether we will ever see the emergence of a "Premier League 2" as a result of pressure from the wealthy owners of relegated clubs.......

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[quote user="The Judge"]People are missing the point somewhat here - why is the Premier League the richest league, 1) why is the TV money going up to £170m per club next season. Its because of its global reach and power.

I don''t buy any of this ''need to be a fan'', need to have the best interests of the club at heart bull - Very few (if any) of these mega rich investors had any affinity to the clubs they invested in prior to buying their stake they just knew the club was in the Premier league and they wanted a bit of the action. It therefore makes very little difference to them where the club is located (as they all probably have their own private helicopters to get to London if they wanted).

People keep rolling out the failures/dangers i.e. what if Abramovich left Chelsea - i''ll tell you what would happen - they would have a queue of other billionaires lining up at the door waiting to take over. For every failure/disaster their are at least 3 clubs where it has benefitted.

This is sadly what the Premier league has become, I personally hate what it stands for, and has absolutely ruined our national team BUT if you want to eat at the big boys table you ultimately have to play by its rules which would mean for Norwich (or any other club wanting to establish themselves in the Premier League) seeking a very very wealthy investor whereever they may come from.

2) The reason we have got relegated is purely and simply down the fact we haven''t got enough money, the money needed to buy and pay the wages of those 2 new centre backs and 15 goal striker we needed last summer. McNally made mistakes (as did ALex Neil, the players etc) but he had to work within the financial constraints set buy the board and the wealth or our current owners.

If you want to live in the idealistic world where your football club isn''t in debt, doesn''t want to lose control to a major new investor, wants to remain a lovely cuddly family club, then fine I personally have no issue with whatsoever and infact would prefer it to be that way - BUT that means you have to accept we will never be an established Premier league club.[/quote]1) The estimate is from £90m for the lowest clubs to to £150m for whoever finishes top. 2) Not according to McNally, on record a few weeks ago. As far as the central defender we missed out on in the summer (probably Koulibaly) was concerned, the club (Napoli in that case) had accepted our fee and the player wanted to join us, so was happy with our wages. But the deal fell through very late on because Napoli couldn''t find a replacement. And if money was an insuperable problem how come we later attracted Klose?As for a striker, the likelihood is we were on the point of signing Dwight Gayle on deadline day (according to Bethnal, the one poster here I trust on such matters, he was in a hotel in Norwich) when Wickham got injured and Pardew pulled the plug on the deal.In neither case was money the problem. In both cases the problem was the chief executive was indulging in a high-risk strategy, relying on last-minute deals to go through, in a business in which such deals are always prone to fall through.

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