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Bill

we should decline the invitation

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come May when we have won promotion, we should decline the invitation to join the PL

yes win the title by all means, the fans, players and club deserve that - but we don't deserve or need to be put into huge debt (contract commitments) just to be beaten most weeks

at the moment we are a top Championship club, and until the top tier considerably reforms itself what is there to be gained by ending that ?

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Still makes me laugh: https://www.thedailymash.co.uk/sport/sport-headlines/delia-smith-turns-down-norwich-promotion-2015052698577

 

delia-425x239.jpg

 
 
 

NORWICH City owner Delia Smith has turned down the club’s promotion, insisting the Premier League is too fancy.

Smith said the Championship was a ‘lovely, comforting league, a bit like a Victoria sponge’ and has offered the promotion to Middlesbrough instead.

Smith said: “As well as having our arses continually handed to us – we only came third in a division that includes Rotherham – we’d have to play against all those dreadful people.

“Marouane Fellaini? I’d rather drink my own urine.”

She added: “Also, we’d have to go to big, scary places like Manchester and Liverpool. What if we got really pissed and the bus left without us?

“Perhaps when the top flight once again includes Leeds, Notts Forest and Coventry we might consider it, but at the moment it’s not really our cup of tea.

“And of course, winning promotion then turning it down will absolutely infuriate Ipswich. Bunch of twats.”

Edited by Nuff Said
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IF we continue our form and get promoted then I'd like to think we are better equipped in terms of squad depth this time around, and the youngsters have another couple of years experience under their belts. We have the summer window to come with more money too. Injuries really didn't help us last time around after a good start so hopefully we will have learned from that. Look at Sheffield this season though, and Villa, it's a tough league and teams are constantly improving - it's very hard to come up and stay up because of the gulf in money.

It's pleasing we have conceded less goals at this point than we did 2 years ago. We have, however, scored quite a lot less goals and that is the concern at the moment

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39 minutes ago, Bill said:

come May when we have won promotion, we should decline the invitation to join the PL

yes win the title by all means, the fans, players and club deserve that - but we don't deserve or need to be put into huge debt (contract commitments) just to be beaten most weeks

at the moment we are a top Championship club, and until the top tier considerably reforms itself what is there to be gained by ending that ?

Revenue?

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Just now, Ian said:

Revenue?

which is used to pay wages and transfer fees

and if the club s relegated it is left with a wage bill that is not affordable in the Championship - remember the previous time we were relegated

check the number if clubs struggling with long term debt after being relegated

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Just now, The Bristol Nest said:

I am not sure that Bill is being entirely serious...

this time I am

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2 minutes ago, Bill said:

which is used to pay wages and transfer fees

and if the club s relegated it is left with a wage bill that is not affordable in the Championship - remember the previous time we were relegated

check the number if clubs struggling with long term debt after being relegated

Which is exactly why we didn't do that last time in the Prem? The other obvious point is that we also have a much better chance of keeping our top talent if we are in the Premiership; these are players who want to test themselves at the highest level and they're not going to stick around in the Championship for very long.

Can't help but feel I'm being trolled here...? 🤔

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This love-in for permanent Championship football will soon dissipate were the club to sink to long-term lower mid-table mediocrity.

It's great at the moment, top of the pile and winning a lot of a lot of this constant supply of games, all exciting our interest.

As for finances, Championship football, even upper mid-table and above, causes the club to run at a loss. 

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3 minutes ago, Ian said:

Which is exactly why we didn't do that last time in the Prem? The other obvious point is that we also have a much better chance of keeping our top talent if we are in the Premiership; these are players who want to test themselves at the highest level and they're not going to stick around in the Championship for very long.

Can't help but feel I'm being trolled here...? 🤔

nope, your replies don't deserve that

and it was more a point of how far removed it is for promoted clubs to get a foot hold, never mind challenge

in that light I would rather those players of PL quality move on, and we use the money to plan for another Championship campaign

after all, the last 23 games have been if far more enjoyment that the last 23 games in the PL

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2 minutes ago, BroadstairsR said:

This love-in for permanent Championship football will soon dissipate were the club to sink to long-term lower mid-table mediocrity.

It's great at the moment, top of the pile and winning a lot of a lot of this constant supply of games, all exciting our interest.

As for finances, Championship football, even upper mid-table and above, causes the club to run at a loss. 

incorrect

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11 minutes ago, BroadstairsR said:

This love-in for permanent Championship football will soon dissipate were the club to sink to long-term lower mid-table mediocrity.

It's great at the moment, top of the pile and winning a lot of a lot of this constant supply of games, all exciting our interest.

As for finances, Championship football, even upper mid-table and above, causes the club to run at a loss. 

The only reason we lost money in the last Championship season was paying promotion bonuses, which kind of reinforces Bill's suggestion.

Not sure how that would go down with new recruits though. "Join us, we have a proven record of success as a club and for individual development- and you'll never have to play in the Premier League". 🤔

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5 minutes ago, Nuff Said said:

The only reason we lost money in the last Championship season was paying promotion bonuses, which kind of reinforces Bill's suggestion.

Not sure how that would go down with new recruits though. "Join us, we have a proven record of success as a club and for individual development- and you'll never have to play in the Premier League". 🤔

May be on that occasion, but I distinctly remember Delia Smith stating that long term Championship existence would cause the club to build up a deficit.

I will add that, due to the more recent re-invigoration of the Academy and it's seeming appetite for producing quality youngsters, we may not necessarily follow in the footsteps of ITFC, who I believe lose around £5m per annum.

It will be a challenge though. 

Edited by BroadstairsR

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Curious thread. Assumed this was a wind up, but taking it at face value, there is no rule that says we have to spend loads and go into debt if we go up. We can go up as the side we are, not spend huge amounts and if we stay up, all well and good, if not we come back down again better off.

It is still my view that the way we play football has the potential to do very well in the PL without spending millions upon millions. It didn't happen last time for obvious reasons, but we did show that at it's best our style of football can match other teams pretty well - and to be honest (as with Hughton) we were only a few goals here and there short of staying up. Plenty of matches decided by the odd goal and if we take our chances better if we go up, then yes, we can stay up - and potentially do a lot better than just staying up.  

 

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"you'll never have to play in the Premier League"

ask Maddison, Murphy, Lewis, Redmond and Godfrey if that is correct

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5 minutes ago, Nuff Said said:

The only reason we lost money in the last Championship season was paying promotion bonuses, which kind of reinforces Bill's suggestion.

This isn't the case. From a pinkun article whe  the accounts came out...

"That loss of £38m may seem an alarming drop but club bosses estimate not getting promotion would have meant a loss of between £10m and £15m, when player sales could then have been used to balance the books - as the sale of James Maddison to Leicester, for a reported initial £21m, demonstrated the previous summer."

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4 minutes ago, Bill said:

"you'll never have to play in the Premier League"

ask Maddison, Murphy, Lewis, Redmond and Godfrey if that is correct

 

 

20210105_103449.jpg

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1 hour ago, Bill said:

come May when we have won promotion, we should decline the invitation to join the PL

yes win the title by all means, the fans, players and club deserve that - but we don't deserve or need to be put into huge debt (contract commitments) just to be beaten most weeks

at the moment we are a top Championship club, and until the top tier considerably reforms itself what is there to be gained by ending that ?

Good grief, are you really this dumb?

Its promotion which has cleared our debts.... twice. 

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9 minutes ago, TeemuVanBasten said:

Good grief, are you really this dumb?

Its promotion which has cleared our debts.... twice. 

Because in the Championship we lose money  ... Correct.

You don't have to delve far to recognise the financial problems of the Chumps:

https://www.accountancydaily.co/record-losses-championship-wages-score-ps795m

Do not fans of ITFC blame their clubs continued demise on the fact that Marcus Evans is happy for the club to remain in League 1. because his losses are less?

Edited by BroadstairsR
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8 minutes ago, TeemuVanBasten said:

Good grief, are you really this dumb?

Its promotion which has cleared our debts.... twice. 

Yep, the whole model is dependent on regular trips to the top flight for that sweet, sweet cash. 

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7 minutes ago, TeemuVanBasten said:

Good grief, are you really this dumb?

Its promotion which has cleared our debts.... twice. 

incorrect and the sale of Maddison cleared debts accrued by PL wage contracts

that being the point

do keep up HC

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1 minute ago, Bill said:

incorrect and the sale of Maddison cleared debts accrued by PL wage contracts

that being the point

do keep up HC

We would have lost over £10m in the 18/19 season if we didn't go up. So if we don't get promoted we're entirely reliant on being able to sell players for large sums just to break even. 

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11 minutes ago, Bill said:

incorrect and the sale of Maddison cleared debts accrued by PL wage contracts

that being the point

do keep up HC

Pretty sure that the sale of James Maddison did not clear our debts, it did give us the budget we needed to build a promotion side though.

Of course, it was a promotion to the Premier League which gave us the budget to sign Ben Godfrey and James Maddison... try and wrap your empty head around that one sherlock.

Edited by TeemuVanBasten

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9 minutes ago, king canary said:

We would have lost over £10m in the 18/19 season if we didn't go up. So if we don't get promoted we're entirely reliant on being able to sell players for large sums just to break even. 

Players that we signed as a Premier League side (Maddison and Godfrey), this man is a fool. 

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Not only will it cause us financial issues, but the longer we stay in the Champs the less likely we are to attract the sort of talent we need to keep the model going.

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We need to stay on track, keep building slowly, as and when we can afford it. The odd experienced player dotted among those we have brought through, take promotion and its financial benefits in a way that helps the club best....in the long term. It may not work, but it shouldn't ruin us financially. This is of course accepting that we receive no external investment......which could change things a little, but it would have to be massive to make much real difference. 2 x 25 million£ players plus 50 grand a week each ( conservative estmates) would cost us a total of around £ 65 Million......frightening numbers.

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1 hour ago, lake district canary said:

Curious thread. Assumed this was a wind up, but taking it at face value, there is no rule that says we have to spend loads and go into debt if we go up. We can go up as the side we are, not spend huge amounts and if we stay up, all well and good, if not we come back down again better off.

It is still my view that the way we play football has the potential to do very well in the PL without spending millions upon millions. It didn't happen last time for obvious reasons, but we did show that at it's best our style of football can match other teams pretty well - and to be honest (as with Hughton) we were only a few goals here and there short of staying up. Plenty of matches decided by the odd goal and if we take our chances better if we go up, then yes, we can stay up - and potentially do a lot better than just staying up.  

 

Our football style was fine last time we went up, we just did not have enough centre backs or competitive centre defensive midfielders - although I am not surenifnit would have been enough to stay me, we would have been competitive.  The recruitment in the summer strengthened us, I expect us to be in the market now, if there is a deal for a player with the potential to strengthen the first team.

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If we go up this season, the expectation has to be to make a better fist of staying up. Let's not get ourselves into a situation where we have to stay up or risk financial ruin, but we should be able to strengthen the side to a point where even if we get relegated still, the players will either be important for another promotion push or are likely to retain value so that the loss isn't so significant and we can move them on.

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