2008

[Midlands Yellow 3,519]

How close were Norwich City to going bust? The years fly by but I’m sure some will have fresher memories than most on the subject. 

[Bill 1,788]

Not at all, at the worst they could raise any money needed against the ground

[Midlands Yellow 3,519]

Just now, Bill said:

Not at all, at the worst they could raise any money needed against the ground

That will do for me, subject closed. 

[Wacky Waving Inflatable Arm Flailing Tube Man 3,412]

An interview with Alan Bowkett was posted on The Athletic today.

https://theathletic.com/2725584/2021/08/01/alan-bowkett-the-joyous-torture-of-rebuilding-norwich?source=user-shared-article

In short, the club was seriously close to administration in the summer of 2009 after relegation to League One.

[TIL 1010 4,290]

1 minute ago, Wacky Waving Inflatable Arm Flailing Tube Man said:

An interview with Alan Bowkett was posted on The Athletic today.

https://theathletic.com/2725584/2021/08/01/alan-bowkett-the-joyous-torture-of-rebuilding-norwich?source=user-shared-article

In short, the club was seriously close to administration in the summer of 2009 after relegation to League One.

Somebody on this thread has already disagreed Wacky.

[Bill 1,788]

1 hour ago, Bill said:

Not at all, at the worst they could raise any money needed against the ground

In Mr Bowketts own words

"Carrow Road and Colney Training Centre provided security"

[AJ 1,192]

Going down to league one could have been the end of the club, but they did well to rebalance the books and get rid of the deadweight that had been collected over the previous couple of seasons. Thankfully since then we've made more successes than mistakes, and learned big time from the ones we did make, thankfully!

[Bill 1,788]

49 minutes ago, Wacky Waving Inflatable Arm Flailing Tube Man said:

An interview with Alan Bowkett was posted on The Athletic today.

https://theathletic.com/2725584/2021/08/01/alan-bowkett-the-joyous-torture-of-rebuilding-norwich?source=user-shared-article

In short, the club was seriously close to administration in the summer of 2009 after relegation to League One.

jus as I was seriousky close to being hit by a train going considerably fast

I was stood on the platform when it passed through the station

otherwise we were never in danger of going bust as the assets (Stadium/Colney) were worth more than the outstanding liabilities

likewise we were never going to go into administration ie the control/running of the club would be taken away from the directors

however, it did not mean that there was not a lot of work needed, by very skilful types like Bowkett to put it all in place

unfortunately, many do not understand the exact legal implications of the word administration and think that word is the same as bust and/or bankrupt - it is not

[Bill 1,788]

13 minutes ago, AJ said:

Going down to league one could have been the end of the club, but they did well to rebalance the books and get rid of the deadweight that had been collected over the previous couple of seasons. Thankfully since then we've made more successes than mistakes, and learned big time from the ones we did make, thankfully!

also to appoint people on their competence - not just a link to the club........Gunn, Grant

[Wacky Waving Inflatable Arm Flailing Tube Man 3,412]

1 hour ago, Bill said:

unfortunately, many do not understand the exact legal implications of the word administration and think that word is the same as bust and/or bankrupt - it is not

I really doubt (m)any people think administration and going bust are the same thing.

[wcorkcanary 4,283]

7 minutes ago, Wacky Waving Inflatable Arm Flailing Tube Man said:

I really doubt (m)any people think administration and going bust are the same thing.

That wont stop him arguing about it though.

[Greavsy 2,345]

10 minutes ago, wcorkcanary said:

That wont stop him arguing about it though.

Could start an argument in a phone box that one. 

[TIL 1010 4,290]

1 hour ago, wcorkcanary said:

That wont stop him arguing about it though.

Careful now wcorkio or you will be accused of following him around the forum.

[TIL 1010 4,290]

1 hour ago, Greavsy said:

Could start an argument in a phone box that one. 

He has blocked you , well for a day by the look of it.

[Greavsy 2,345]

3 minutes ago, TIL 1010 said:

He has blocked you , well for a day by the look of it.

He's not replied to my post about that. 

Liar!  

[RobNewman'sblisteringpace 25]

Just had a look at the squad for 2008 and that made me feel a lot better about our current one.

[PurpleCanary 5,276]

5 hours ago, Midlands Yellow said:

How close were Norwich City to going bust? The years fly by but I’m sure some will have fresher memories than most on the subject. 

This has been dealt with on the Bowkett thread, and the answer is not very close.

[wcorkcanary 4,283]

1 hour ago, TIL 1010 said:

Careful now wcorkio or you will be accused of following him around the forum.

Not bothered Tillo, never come across such an abnoxious pregnant goldfish 

[Greavsy 2,345]

2 minutes ago, wcorkcanary said:

Not bothered Tillo, never come across such an abnoxious pregnant goldfish 

If you're lucky he will put you on ignore for more than a day! 

[wcorkcanary 4,283]

7 minutes ago, Greavsy said:

If you're lucky he will put you on ignore for more than a day! 

Grand! Like I said , not bothered,  I've never bothered blocking anyone, have just ignored some for a bit sometimes.  But this fella had several opportunities  to withdraw  his accusations, and failed to do so. His choice.