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Big Vince

Why No Outside Investment?

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Well, there''s a lot of supposing there but....
This clone of Peter Coates would put himself forward as the new owner of Norwich City.
Delia would send him packing.
The end.

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You''re not answering the questions!I''d welcome a massive injection of funds (from people like those you name, absoultely yes) as much as anyone but come on, don''t just name names (its an easy game to play-good investors vs bad investors), how would it work?

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[quote user="Old Shuck"]You''re not answering the questions!I''d welcome a massive injection of funds (from people like those you name, absoultely yes) as much as anyone but come on, don''t just name names (its an easy game to play-good investors vs bad investors), how would it work?

[/quote]

Well, at the present time it wouldn''t work because Delia is blocking all enquiries and refusing to make public any enquiries that have been blocked. The communications department at the club is such a well-drilled machine that no unwanted news is ever disseminated to the outside world.

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[quote user="Big Vince"]Well, at the present time it wouldn''t work because Delia is blocking all enquiries and refusing to make public any enquiries that have been blocked. The communications department at the club is such a well-drilled machine that no unwanted news is ever disseminated to the outside world.[/quote]Then how do you know this ''unwanted news'' actually exists? Or is it all just a figment of your imagination? I''m sure if you knew anything that would undermine the club and its

Pravda-esque propaganda machine you would have no hesitation in sharing

it with us. Maybe the reason that none of these ''blocked enquiries'' have gone to the press is because there are no blocked enquiries?

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[quote user="Big Vince"]Well, at the present time it wouldn''t work because Delia is blocking all enquiries and refusing to make public any enquiries that have been blocked.[/quote]Enquiries on their own are not good enough Vinnie, you need concrete offers. If a serious offer was made she would be legally bound to notify all other shareholders.Both you and I could "enquire" but neither my pension nor your jobseekers allowance would be enough to make an offer. [:)]

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[quote user="lappinitup"][quote user="Big Vince"]Well, at the present time it wouldn''t work because Delia is blocking all enquiries and refusing to make public any enquiries that have been blocked.[/quote]Enquiries on their own are not good enough Vinnie, you need concrete offers. If a serious offer was made she would be legally bound to notify all other shareholders.Both you and I could "enquire" but neither my pension nor your jobseekers allowance would be enough to make an offer. [:)][/quote]

Ah, but everyone is well aware by now that Delia has Archant in her hip pocket and so no unwanted news would ever get disseminated through that source.

Secondly, no one is going to make a concrete offer until they have seen the books and held appropriate preliminary talks. But if Delia won''t even open the door nothing can get started.

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Lappinitup ''Both you and I could "enquire" but neither my pension nor your jobseekers allowance would be enough to make an offer''

Haha, brilliant Lapps πŸ˜‚πŸ‘

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[quote user="Big Vince"]Ah, but everyone is well aware by now that Delia has Archant in her hip pocket and so no unwanted news would ever get disseminated through that source.[/quote]No facts again, Vince. Just unsubstantiated statements whereby you speak on behalf of everyone else.

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Why oh why oh why can''t we just get someone like that nice man who''s just taken over at Villa?????????? 😭😭😭😭😭😭😭😭😭

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If a new investor were to come in, unless they had a fondness or love for the club, they would want a return on their investment.

So say someone pumps Β£50 million into a transfer fund. They would want that back and then some. That would require us to be a profitable Premier League side. And, if it doesn''t happen, you get owners cutting costs and a lack of transfer budgets as they try to negate their initial and ongoing loss. This is exactly what has happened at Ipswich Town, Fulham, Birmingham and countless others in this division and others. They become ''stuck'' in the division because the owners will not pump any more money into the project. So it could come to the point where you''re actually in the same position or worse pre-investment.

Now I''m not saying investment is bad. There are a few examples, such as Swansea and Stoke where things have gone well. But always the risk it''ll go the other way.

I''d love us to be out buying loads of players, but at the same time our current set-up does actually work. As long as we keep enjoying regular Premier League football we should have enough resources to at least be a competitive Championship side at worst, and at best a bottom half Premier League side. The problems begin when you have prolonged periods out of the top flight and the parachute payments etc stop. You''ll eventually stagnate and have very little transfer kitty to deal with. This is exactly what happened when we dropped to League One.

I''m not saying our current set-up is perfect, but we''re very stable and ''safe'' from financial problems. And that''s why I have no problems at all with Michael and Delia. Remember, they love the club like we do and have not gained financially on the whole. As things stand I think the club is run and managed a hell of a lot better than many of the clubs in this country and much better than many of our fans like to admit.

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[quote user="Feedthewolf"][quote user="Big Vince"]Ah, but everyone is well aware by now that Delia has Archant in her hip pocket and so no unwanted news would ever get disseminated through that source.[/quote]No facts again, Vince. Just unsubstantiated statements whereby you speak on behalf of everyone else.[/quote]It is not just unsubstantiated. It is, as usual from this poster, blatant nonsense. McNally (who is now gone) certainly had Archant journalists worried about what they wrote in a few specific cases, but no reputable newspaper (and the EDP is still that, even if not what it was some decades ago) would suppress news of a takeover bid for the region''s leading football club, no matter what its directors wanted. The proof of that is the EDP trumpeting Cullum''s disruptive fantasy offer in the middle of the summer transfer window.Not to mention the fact that any regional news organisation way beyond the influence of the Norwich City board would publish the story, as would pretty much every national paper and media outlet, up to and including the Financial Times.I blame that schoolboy rag Private Eye for this kind of infantile nonsense. It "educated" a whole gullible generation to believe that everything was some kind of conspiracy.

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And there you have it Vince, you can''t answer the question and resort, as usual, to unsubstantiated tripe based upon your personal agenda and dislike of the owners, nothing more than that. A pity as it would have been good to see and further discuss the answers you might have given.As has already been pointed out on here, any serious offer has to be put to shareholders/made public anyway. Therefore, as there hasn''t been any announcement, we can conur there has been no serious offer-read what Purple has clearly pointed out above and drop that sense of self entitlement. The current owners are, and always will be, bigger fans of the club than you, to therefore suggest they''d reject any serious and viable cash injection is paranoid nonsense.Unless you''re further claiming DS and MWJ are deliberately covering up such information and instructing it to be kept secret?

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[quote user="Old Shuck"]And there you have it Vince, you can''t answer the question and resort, as usual, to unsubstantiated tripe based upon your personal agenda and dislike of the owners, nothing more than that. A pity as it would have been good to see and further discuss the answers you might have given.As has already been pointed out on here, any serious offer has to be put to shareholders/made public anyway. Therefore, as there hasn''t been any announcement, we can conur there has been no serious offer-read what Purple has clearly pointed out above and drop that sense of self entitlement. The current owners are, and always will be, bigger fans of the club than you, to therefore suggest they''d reject any serious and viable cash injection is paranoid nonsense.Unless you''re further claiming DS and MWJ are deliberately covering up such information and instructing it to be kept secret?[/quote]To stop Big Vince making an even greater fool of himself (although I don''t know why he should be saved from himself) I will answer for him, before he goes into full tinfoil-hat conspiracy-theory mode. Smith and Jones simply could not keep secret a takeover offer, because if they tried that any would-be buyer would very quickly know shareholders were being kept in the dark. Either the potential buyer would already be a shareholder or he would be in contact with people who were, or he would realise, from the  news not breaking, that shareholders had not been informed. Not telling shareholders of an offer is a breach of company law, and Smith and Jones would face severe penalties for a cover-up they could not possibly expect to succeed. One would have to be very stupid to think they would be that stupid.

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Im glad purple has posted, perfectly addressing and countering the stupid.

But im sure Vince has some more unsubstantiated claims to make..

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[quote user="PurpleCanary"][quote user="Old Shuck"]And there you have it Vince, you can''t answer the question and resort, as usual, to unsubstantiated tripe based upon your personal agenda and dislike of the owners, nothing more than that. A pity as it would have been good to see and further discuss the answers you might have given.As has already been pointed out on here, any serious offer has to be put to shareholders/made public anyway. Therefore, as there hasn''t been any announcement, we can conur there has been no serious offer-read what Purple has clearly pointed out above and drop that sense of self entitlement. The current owners are, and always will be, bigger fans of the club than you, to therefore suggest they''d reject any serious and viable cash injection is paranoid nonsense.Unless you''re further claiming DS and MWJ are deliberately covering up such information and instructing it to be kept secret?[/quote]To stop Big Vince making an even greater fool of himself (although I don''t know why he should be saved from himself) I will answer for him, before he goes into full tinfoil-hat conspiracy-theory mode. Smith and Jones simply could not keep secret a takeover offer, because if they tried that any would-be buyer would very quickly know shareholders were being kept in the dark. Either the potential buyer would already be a shareholder or he would be in contact with people who were, or he would realise, from theΒ  news not breaking, that shareholders had not been informed. Not telling shareholders of an offer is a breach of company law, and Smith and Jones would face severe penalties for a cover-up they could not possibly expect to succeed. One would have to be very stupid to think they would be that stupid.[/quote]

You have all completely misunderstood the earlier point I was making. Of course Delia and Wynnie should by now understand company law and that it is an offence to keep secret any firm offer. That is why they are going out of their way to stop it getting to that stage knowing full well that any serious investor cannot make any firm offer to take the club over until that person, or persons, have inspected the books and held detailed talks with the current owners to agree a price for the club and explain their future plans for the business.

To give you an example, the Cambridge-based technology firm ARM is currently in the process of being taken over by the Japanese firm Softbank. The boards of the two companies held detailed talks over a period of time that then culminated in a public announcement that Softbank will pay Β£17 per share giving a company valuation of Β£24bn. The two boards also agreed, amongst other things, that Softbank will double the workforce over 5 years and remain headquartered in Cambridge to protect jobs and create new ones.

This example illustrates that to get to the offer stage a lot has to be agreed beforehand and there have to be two willing parties.

Delia and Wynnie do not wish to get to the offer stage because apart from the legal implications there is a simpler reason - they do not want to sell; and wish instead to pass the club on to their civil servant nephew who has no money.

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[quote user="Big Vince"]Delia and Wynnie do not wish to get to the offer stage because apart from the legal implications there is a simpler reason - they do not want to sell; and wish instead to pass the club on to their civil servant nephew who has no money.[/quote]You still haven''t answered Purple''s point Vinny so let''s repeat it for you.........If somebody really wanted to buy the majority shareholding and was rebuffed in the manner you suggest, wouldn''t that person be screaming from the rooftops to let the world know? Do you honestly believe somebody who was prepared to spend millions to acquire the club turning meekly away and without a murmur?

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[quote user="lappinitup"][quote user="Big Vince"]Delia and Wynnie do not wish to get to the offer stage because apart from the legal implications there is a simpler reason - they do not want to sell; and wish instead to pass the club on to their civil servant nephew who has no money.[/quote]You still haven''t answered Purple''s point Vinny so let''s repeat it for you.........If somebody really wanted to buy the majority shareholding and was rebuffed in the manner you suggest, wouldn''t that person be screaming from the rooftops to let the world know? Do you honestly believe somebody who was prepared to spend millions to acquire the club turning meekly away and without a murmur?[/quote]

Does anyone go into a shop to buy something that is not for sale?

Why would anyone be so foolish as to offer millions for something without any due diligence having taken place?

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[quote user="Big Vince"]Does anyone go into a shop to buy something that is not for sale?

Why would anyone be so foolish as to offer millions for something without any due diligence having taken place?[/quote]You''re contradicting yourself Vinny, you said enquiries had been ''blocked''. Now you''re saying there''s no point in enquiring because it''s not for sale.Which is it? Is your first statement wrong - or the second? [:^)]

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[quote user="lappinitup"][quote user="Big Vince"]Does anyone go into a shop to buy something that is not for sale?

Why would anyone be so foolish as to offer millions for something without any due diligence having taken place?[/quote]You''re contradicting yourself Vinny, you said enquiries had been ''blocked''. Now you''re saying there''s no point in enquiring because it''s not for sale.Which is it? Is your first statement wrong - or the second? [:^)][/quote]

The initial enquiries were blocked and so it didn''t get taken any further.

One foot in the shop two steps back out and down the High Street to another shop with goods for sale and price tag attached.

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[quote user="lappinitup"][quote user="Big Vince"]Delia and Wynnie do not wish to get to the offer stage because apart from the legal implications there is a simpler reason - they do not want to sell; and wish instead to pass the club on to their civil servant nephew who has no money.[/quote]You still haven''t answered Purple''s point Vinny so let''s repeat it for you.........If somebody really wanted to buy the majority shareholding and was rebuffed in the manner you suggest, wouldn''t that person be screaming from the rooftops to let the world know? Do you honestly believe somebody who was prepared to spend millions to acquire the club turning meekly away and without a murmur?[/quote]Of course, lapps, that is exactly what would happen if someone serious was rebuffed. And all hell would break loose, because it would confirm what the likes of Big Vince think.But it is not just that - Big Vince (I assume this is one of those "hilarious" opposite-nicknames, such as calling someone who never says a word "Rowdy") is basing his latest desperate argument on the totally unsubstantiated claim that Smith and Jones would never show anyone the books and have proper talks.But they did both with Cullum, in the winter of 2007/08. Directors (plural) had long discussions with Cullum. And they talked again after Cullum went public. That it all came to nothing had nothing to do with the club being difficult and everything to do with Cullum''s proposal being a bad one.More recently the club hired Deloitte''s to search for investment but, as Bowkett said, that it drew a blank was not down to the club being unwilling to do a deal but because none of the would-be investors were able to show him the money.

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[quote user="PurpleCanary"][quote user="lappinitup"][quote user="Big Vince"]Delia and Wynnie do not wish to get to the offer stage because apart from the legal implications there is a simpler reason - they do not want to sell; and wish instead to pass the club on to their civil servant nephew who has no money.[/quote]You still haven''t answered Purple''s point Vinny so let''s repeat it for you.........If somebody really wanted to buy the majority shareholding and was rebuffed in the manner you suggest, wouldn''t that person be screaming from the rooftops to let the world know? Do you honestly believe somebody who was prepared to spend millions to acquire the club turning meekly away and without a murmur?[/quote]Of course, lapps, that is exactly what would happen if someone serious was rebuffed. And all hell would break loose, because it would confirm what the likes of Big Vince think.But it is not just that - Big Vince (I assume this is one of those "hilarious" opposite-nicknames, such as calling someone who never says a word "Rowdy") is basing his latest desperate argument on the totally unsubstantiated claim that Smith and Jones would never show anyone the books and have proper talks.But they did both with Cullum, in the winter of 2007/08. Directors (plural) had long discussions with Cullum. And they talked again after Cullum went public. That it all came to nothing had nothing to do with the club being difficult and everything to do with Cullum''s proposal being a bad one.More recently the club hired Deloitte''s to search for investment but, as Bowkett said, that it drew a blank was not down to the club being unwilling to do a deal but because none of the would-be investors were able to show him the money.[/quote]

Okay so if Delia & Wynnie are not being difficult then why is every tom, dick and harry football club doing takeover deals EXCEPT Norwich City?

The fact they appointed a nephew to the Board demonstrates their vision of the future direction of the club and that is not to sell but keep it in the family. Not long before he resigned McNasty stated this in public, or words to that effect.

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[quote user="Hoola Han Solo"]I''m pretty impressed that you''re able to read the minds of Smith and Jones. Could you let me know this weeks lottery numbers please?[/quote]

10

13

19

25

26

39

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I reckon at least half of the current Premiership and Championship teams haven''t had a change of owner in the last 5 years at least. Not every Tom Dick and Harry then.

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[quote user="Big Vince"]Okay so if Delia & Wynnie are not being difficult then why is every tom, dick and harry football club doing takeover deals EXCEPT Norwich City?[/quote]You still haven''t answered the question.......Have enquiries been blocked as you suggested or have there been NO enquiries (as you''ve also suggested)?

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