Making Plans 929 Posted December 20, 2018 https://www.bbc.co.uk/sport/football/46630885 Share this post Link to post Share on other sites
SwindonCanary 455 Posted December 20, 2018 It's a big ground but needs a lot of up dating, I told my daughter it has not been improved since the 70's. Share this post Link to post Share on other sites
Bill 1,788 Posted December 20, 2018 Where's Stin Kim Rich when you need him ? Share this post Link to post Share on other sites
Hucks6 169 Posted December 20, 2018 Another so called big club in the crap Share this post Link to post Share on other sites
Crabbycanary3 994 Posted December 20, 2018 Jordan on the cheap? Share this post Link to post Share on other sites
Badger 2,389 Posted December 20, 2018 Same old story - rich owner; loads of money to spend on a gamble for promotion. Gamble fails; FFP kicks in and club for sale with big debts unless the owner is prepared to write them off and take a big loss. How many times do we have to see this before we all dismiss it as a good solution for City? Share this post Link to post Share on other sites
splendidrush 698 Posted December 21, 2018 Wonder if it will lead to a points deduction? With Bolton also on the brink it could save 1p5wich from the drop. Share this post Link to post Share on other sites
keelansgrandad 6,679 Posted December 21, 2018 Is the sale on Wednesday? Share this post Link to post Share on other sites
TIL 1010 4,655 Posted December 21, 2018 12 hours ago, Badger said: Same old story - rich owner; loads of money to spend on a gamble for promotion. Gamble fails; FFP kicks in and club for sale with big debts unless the owner is prepared to write them off and take a big loss. How many times do we have to see this before we all dismiss it as a good solution for City? You are totally against some outside investment then Badger ? Share this post Link to post Share on other sites
TCCANARY 263 Posted December 21, 2018 32 minutes ago, TIL 1010 said: You are totally against some outside investment then Badger ? Isn't that different to selling the club? Share this post Link to post Share on other sites
keelansgrandad 6,679 Posted December 21, 2018 We have to appreciate that we were bought out by decent owners 20+ years ago who didn't have to pay too much (easy for me to say). If the club were to be sold now, then I would expect a majority of supporters would want to see big money involved. It is only natural, those envious of the amount that other clubs spend would want something spectacular. We are proving at the moment that at this level, self financing, along with uncovering stars to sell on, can still be competitive. I would guess that many Wednesday supporters, historically a top rank team with a famous ground, are miffed that they are in such a position. But they even went to the very bottom division if my memory serves me correctly so the day has arrived when you are only at the top on merit or finance. Bournemouth continue to make do with a poor ground yet spend a fortune on players. Many clubs not too many divisions below are not allowed promotion if their ground isn't satisfactory. But on the playing field, they are worthy of being in the top half of the Prem. Share this post Link to post Share on other sites
shefcanary 2,338 Posted December 21, 2018 (edited) A bit harsh on Bournemouth KG - agreed their stadium is small but I think it is in much better condition than Hillsborough, which apart from the Hospitality facilities in the building behind the main stand, is a hovel. The Wendy's have a history of trying to buy success stretching all the way back to 60's. So much so that any real investment in the club is always spent on player salaries at the expense of anything else. It wasn't so long ago the Co-op wrote off their £20M + loans to the club so they could rid themselves of the burden of trying to manage a board that had no intention of reigning in their expenditure in the pursuit of success. The days of Big Ron in charge are long gone though. I know one of their ex-chairman who tried to steady the ship a la Smith & Jones but had to resign in the end because he was suffering so much stick from the fans who were threatening both his life and his family's. I well remember watching him disappear under a storm of phlegm after Norwich tonked them one match - certainly not something I'd ever want to experience. Here in Sheff it's generally accepted that Wendy's fans feel they have more of a right to Premier League football than the Blunt's. The latter seemingly tried to out do them with their current ownership model, but that has led to no investment in the squad whatsoever and yet a good manager (no matter his feelings towards Norwich) has taken them closer to the Prem than Wednesday have been for a while. The current owner is a playboy rather than a self made man however. He has no real business achievements and seems to have acquired the club on a whim. There are plenty of videos doing the rounds of him having stand up arguments with fans, so no real surprise that he is getting out. However any purchaser has to be mindful of both the limitations and long term cost of the current squad, and the investment required in the ground to keep it open. Mind you given attendances drifting into the teens of thousands they could probably get away with shutting half the ground and no-one noticing. The interesting thing is that because of this, following the announcement none of the Wendy's fans are expecting anything to come of it. Like the Blue Scum, it might take a drop to League One (or beyond) to clear out the malaise. And quite a few fans there would welcome it. I think the experience of both these clubs is that there is no panacea in overseas rich billionaire's taking on your club. With FFP beginning to bite finally it just might mean the Norwich way is the only way! Edited December 21, 2018 by shefcanary Share this post Link to post Share on other sites
PurpleCanary 5,530 Posted December 21, 2018 23 minutes ago, shefcanary said: A bit harsh on Bournemouth KG - agreed their stadium is small but I think it is in much better condition than Hillsborough, which apart from the Hospitality facilities in the building behind the main stand, is a hovel. The Wendy's have a history of trying to buy success stretching all the way back to 60's. So much so that any real investment in the club is always spent on player salaries at the expense of anything else. It wasn't so long ago the Co-op wrote off their £20M + loans to the club so they could rid themselves of the burden of trying to manage a board that had no intention of reigning in their expenditure in the pursuit of success. The days of Big Ron in charge are long gone though. I know one of their ex-chairman who tried to steady the ship a la Smith & Jones but had to resign in the end because he was suffering so much stick from the fans who were threatening both his life and his family's. I well remember watching him disappear under a storm of phlegm after Norwich tonked them one match - certainly not something I'd ever want to experience. Here in Sheff it's generally accepted that Wendy's fans feel they have more of a right to Premier League football than the Blunt's. The latter seemingly tried to out do them with their current ownership model, but that has led to no investment in the squad whatsoever and yet a good manager (no matter his feelings towards Norwich) has taken them closer to the Prem than Wednesday have been for a while. The current owner is a playboy rather than a self made man however. He has no real business achievements and seems to have acquired the club on a whim. There are plenty of videos doing the rounds of him having stand up arguments with fans, so no real surprise that he is getting out. However any purchaser has to be mindful of both the limitations and long term cost of the current squad, and the investment required in the ground to keep it open. Mind you given attendances drifting into the teens of thousands they could probably get away with shutting half the ground and no-one noticing. The interesting thing is that because of this, following the announcement none of the Wendy's fans are expecting anything to come of it. Like the Blue Scum, it might take a drop to League One (or beyond) to clear out the malaise. And quite a few fans there would welcome it. I think the experience of both these clubs is that there is no panacea in overseas rich billionaire's taking on your club. With FFP beginning to bite finally it just might mean the Norwich way is the only way! It was about 10 years ago the club launched a series of libel actions against fans over messageboard attacks. Mainly stupidly, because most of it was common or garden abuse, and you shouldn't sue for that. But in some cases the directors had been - quite seriously - accused of stealing money from the club. Just as Smith and Jones have been here. As to FFP, it gets routinely derided as ineffective, but I don't think that is the case. However it will still be ignored by very rich and very ambitious owners who think, because of the way the financial limits are currently calculated, that they can escape the consequences. Share this post Link to post Share on other sites
keelansgrandad 6,679 Posted December 21, 2018 A bit harsh on Bournemouth KG I don't think so Shef. Clubs in the Vanarama have to meet standards whereas it obviously doesn't apply in the Prem. Their wealthy owner said they would build a new ground but has concentrated on the team. Fair enough but if it ever comes to self financing, they will have a rude awakening. I can't argue with you about Hillsborough as I haven't been there since our semi final there. Share this post Link to post Share on other sites
TIL 1010 4,655 Posted December 21, 2018 10 hours ago, TCCANARY said: Isn't that different to selling the club? Selling the club or seeking investment will not be happening anytime soon as self funding appears to be sustainable season upon season upon season.....................apparently. Share this post Link to post Share on other sites
A Load of Squit 5,066 Posted December 21, 2018 Norwich City majority shareholder Delia Smith is urging fans to back the long term vision for the club - but insisted the board would never rule out fresh investment. https://www.edp24.co.uk/sport/norwich-city/canaries-delia-smith-future-vision-carrow-road-1-5467310 Have they changed the definition of 'never'? Share this post Link to post Share on other sites
Badger 2,389 Posted December 21, 2018 12 hours ago, TIL 1010 said: You are totally against some outside investment then Badger ? No - not if is carefully managed. The bond scheme was a good example. It is becoming over- exposed to debt (including owner's capital) that is the risk. Investment is a bit of a "weasel word." It basically just means debt unless it is a pure gift, which rarely happens. Share this post Link to post Share on other sites
nutty nigel 7,351 Posted December 22, 2018 9 hours ago, shefcanary said: A bit harsh on Bournemouth KG - agreed their stadium is small but I think it is in much better condition than Hillsborough, which apart from the Hospitality facilities in the building behind the main stand, is a hovel. The Wendy's have a history of trying to buy success stretching all the way back to 60's. So much so that any real investment in the club is always spent on player salaries at the expense of anything else. It wasn't so long ago the Co-op wrote off their £20M + loans to the club so they could rid themselves of the burden of trying to manage a board that had no intention of reigning in their expenditure in the pursuit of success. The days of Big Ron in charge are long gone though. I know one of their ex-chairman who tried to steady the ship a la Smith & Jones but had to resign in the end because he was suffering so much stick from the fans who were threatening both his life and his family's. I well remember watching him disappear under a storm of phlegm after Norwich tonked them one match - certainly not something I'd ever want to experience. Here in Sheff it's generally accepted that Wendy's fans feel they have more of a right to Premier League football than the Blunt's. The latter seemingly tried to out do them with their current ownership model, but that has led to no investment in the squad whatsoever and yet a good manager (no matter his feelings towards Norwich) has taken them closer to the Prem than Wednesday have been for a while. The current owner is a playboy rather than a self made man however. He has no real business achievements and seems to have acquired the club on a whim. There are plenty of videos doing the rounds of him having stand up arguments with fans, so no real surprise that he is getting out. However any purchaser has to be mindful of both the limitations and long term cost of the current squad, and the investment required in the ground to keep it open. Mind you given attendances drifting into the teens of thousands they could probably get away with shutting half the ground and no-one noticing. The interesting thing is that because of this, following the announcement none of the Wendy's fans are expecting anything to come of it. Like the Blue Scum, it might take a drop to League One (or beyond) to clear out the malaise. And quite a few fans there would welcome it. I think the experience of both these clubs is that there is no panacea in overseas rich billionaire's taking on your club. With FFP beginning to bite finally it just might mean the Norwich way is the only way! They've tried League One sabbaticals twice since they were last in the Prem. Even the binners have been in the PL since them. Perhaps they should have tried the Norwich way before. Afterall the much derided cook and her cohorts have had 3 promotions and 5 PL seasons since the Wendy's last had a sniff... 1 Share this post Link to post Share on other sites