Delia Going Nowhere ( And She Admits to Booing )

[chicken 2,640]

3 hours ago, TIL 1010 said:

If you look back it was mentioned in relation to a post where hogesar stated that back in the day only 50 people protested upon relegation but of course adding context to what was posted is not appropriate obviously.

Sorry if I missed that. A meeting isn't exactly a protest though is it? It's a meeting.

Also, which relegation? I can remember a couple of protests - one somewhat shambolically organised involving a couple of the people that wanted the banner flown over the ground, which resulted in something like 30 people, that was much more recent. Perhaps after the Alex Neil relegation? Or the one before, I forget.

Either way, in a sense you are both right. 50people at a protest. A meeting with more people was held. Fact is, bar the well organised protests to get Chase out, nothing of the sort, even remotely, has happened again. Even that meeting.

Perhaps it's because of a lack of a focal group, with NISA long gone? Perhaps it's because some people never change their tune and are quite extreme in their views, which makes it difficult for people to see themselves aligning themselves with the core principle in a change of ownership.

There is a fundamental issue here though - which I have raised before. Is it a case of change no matter what? Eg they HAVE to go. Or is it a case of change is needed but it still needs to be done sensibly.

After all, following that meeting, the board was changed, for the better, bringing in new directors and the likes of McNally. And it worked. In fact it worked very well up until Alex Neil's shot in the Premier League, when disastrous contracts were handed out to the likes of Pinto, Klose and Naismith - the latter pair never really living up to their £8.5m valuations. That was after McNally went.

He had overseen arguably our most successful period at the club in three decades with three seasons in the premier league consecutively.

 

[Indy 3,314]

Brilliant that we have the same debate every few months backed up by a big thread every time we go up or come down! The same people on both sides, others who are acceptant that change will only come with time and will not be liked by many as said by our great leader, it will be handed down to and kept in the family!

Why can’t everyone just accept that we are and have been a self funding club since the dawn of time, we need to sell players to survive we did under chase and now Delia, without dirty and unscrupulous tv premiership money we’d be a lot further down the pecking order! That’s just life as a supporter of a club.

[lake district canary 4,542]

18 hours ago, TIL 1010 said:

I thought booing was tinpot or so i read on here but i guess in the eyes of some it depends who is doing it ?

Its only tinpot if you are booing people on your own side.

[Capt. Pants 4,274]

50 minutes ago, Indy said:

Brilliant that we have the same debate every few months backed up by a big thread every time we go up or come down! The same people on both sides, others who are acceptant that change will only come with time and will not be liked by many as said by our great leader, it will be handed down to and kept in the family

Like many I have nothing against Delia and would prefer her and MWJ to an unscrupulous owner, but surely there must be a mid ground where the club seeks external investment?

It's the passing down the business that is probably what I have the most issue with. It's Delia's asset and she can do whatever she likes with it, but it's not a family heirloom, a vintage car, a valuable painting etc, it's a football club! It feels we're under 'state ownership', which doesn't sit right to me.

I guess we'll see what that looks like in due course when Tom takes control and what he does with the club.

[komakino 274]

8 minutes ago, Capt. Pants said:

Like many I have nothing against Delia and would prefer her and MWJ to an unscrupulous owner, but surely there must be a mid ground where the club seeks external investment?

It's the passing down the business that is probably what I have the most issue with. It's Delia's asset and she can do whatever she likes with it, but it's not a family heirloom, a vintage car, a valuable painting etc, it's a football club! It feels we're under 'state ownership', which doesn't sit right to me.

I guess we'll see what that looks like in due course when Tom takes control and what he does with the club.

It's all about control. If there was external investment from a source, they would probably want a seat on the board and some say of how the club is run. As the club is a dictatorship, you can see why there is no external investment...

[Badger 2,411]

1 hour ago, Capt. Pants said:

Like many I have nothing against Delia and would prefer her and MWJ to an unscrupulous owner, but surely there must be a mid ground where the club seeks external investment?

1. Most people with whom I have had sensible conversations on the topic would be very happy to have new investment through the purchase of new equity, and I think many would be delighted if this was of sufficient scale to have new majority owners, although I think that that there needs to be a revaluation of the club/ shares beforehand. It would be the dream scenario as all the money would go to the club. The sale of the club would make Smith and Jones wealthier without doing anything for the club. Sale of the club at below value, leaves us open to the most unscrupulous type of bargain hunter.

2. I think nearly everybody would be happy with an ethical multi-billionaire happy to gift us tens of millions without expectation of it being returned. I think that this is the least likely offer.

3. However, I think many would be less supportive investment" being interest-bearing loans that need to be repaid at short notice or an "investor" owner, seeking to make a profit from taking over the club. I cannot see a likely scenario in which this would be good for the club.

This apparently makes us "apologists" or unable to see beyond "mummy Delia."

[Badger 2,411]

1 hour ago, komakino said:

It's all about control. If there was external investment from a source, they would probably want a seat on the board and some say of how the club is run. As the club is a dictatorship, you can see why there is no external investment...

Not true. Andrew and Sharon Turner were given seats on the board for a loan of £2.5 million. They left quite suddenly, some saying that it was to due with the "credit crunch." Their loan had to be repaid which may have contributed to our liquidity problems soon after, but Purple is more likely to know than me.

https://www.pinkun.com/sport/norwich-city/turners-quit-carrow-road-7635376

[hogesar 9,724]

9 minutes ago, Badger said:

Not true. Andrew and Sharon Turner were given seats on the board for a loan of £2.5 million. They left quite suddenly, some saying that it was to due with the "credit crunch." Their loan had to be repaid which may have contributed to our liquidity problems soon after, but Purple is more likely to know than me.

https://www.pinkun.com/sport/norwich-city/turners-quit-carrow-road-7635376

No way Komakino is accepting that 😅 They left suddenly because Delia is controlling, manipulating and destructive. 

And you thought Putin was bad..

[Badger 2,411]

3 minutes ago, hogesar said:

No way Komakino is accepting that 😅 They left suddenly because Delia is controlling, manipulating and destructive. 

And you thought Putin was bad..

As they say, you can take a horse to water...

[Wings of a Sparrow 1,425]

2 hours ago, Capt. Pants said:

Like many I have nothing against Delia and would prefer her and MWJ to an unscrupulous owner, but surely there must be a mid ground where the club seeks external investment?

It's the passing down the business that is probably what I have the most issue with. It's Delia's asset and she can do whatever she likes with it, but it's not a family heirloom, a vintage car, a valuable painting etc, it's a football club! It feels we're under 'state ownership', which doesn't sit right to me.

I guess we'll see what that looks like in due course when Tom takes control and what he does with the club.

But they spent their own money to achieve majority shareholding. You wouldn't just give your own house or car away...

Edited March 13, 2022 by Wings of a Sparrow

[Mengo 825]

Delia Going Nowhere ( And She Admits to Booing ).

Delia is flying to Leeds today to support her team and will be booing the Leeds team.😉

let's be havin you . 3-2 Norwich. 

[Jim Smith 2,339]

21 hours ago, Snitterfield Yellow said:

Unlike Delia I tend to find there is a lot more pain than joy when supporting Norwich City

Her quotes show that she really is not bothered what league we are in. Which is a big part of the problem. 

[Jim Smith 2,339]

16 hours ago, chicken said:

Look at the business world, it rarely works like that. You have to remember this is about shares. The moment you announce you are selling your shares, the value in them drops - not just for you, but all of the shareholders. That is why businesses tend to put themselves up for sale when that has already happened due to falling profits etc. Usually in business, it's done on the hush or someone comes in and puts down an offer that the current shareholders can't refuse.

Have a look at the clubs in the EPL and EFL and see how many were taken over after a club was put up for sale and you'll see what I mean.

Only real exception I can see is Newcastle at the moment - and how long has Ashley been trying to sell them for?

Chelsea have been put up for sale and have offers.

Southampton actively sought a buyer and have found one. 
 

The Palace chairman/owner realised he didn’t have the capital for them to compete in the prem so found extra investment.

 

Villa actively sought buyers snd managed to find new owners twice in 2 years.

she says what she thinks makes her sound good in any given interview but they are not genuinely open to selling or diluting their majority stake in my opinion. I accept not looking to sell is not the same as not bring prepared to sell but the point is they should realise they are holding us back and for the greater good of the club be looking for extra capital even if they have to relinquish control.

[PurpleCanary 5,580]

A few points. These interviews with Delia are being conducted not by sports journalists but by feature writers and general presenters, and they are all about her book. When they ask the one obligatory question about football (before switching back to the book) they are not going to explore in detail what she has said and ask forensic follow-ups.

So Delia is giving broadbrush rather than detailed answers, and if she mentions one thing in one interview but not in another it doesn’t mean that thing has been rescinded. Apart from anything else in those I’ve seen she hasn’t talked about the Nephew Plan but that doesn’t mean she has scrapped that notion. As chicken and others have said, “not looking to sell” does not mean “won’t sell under any circumstances.”

And the circumstances are likely to be complicated. Sell by selling their shares and so not benefiting the club? Sell with the stipulation that hundreds of thousands of new shares would have to be bought, and at a price high enough not to undercut minority shareholders? Sell to a leveraged buy-out? Sell only on the basis of cast-iron guarantees on certain heritage issues, such as ownership of the ground? And so on…

She could formally put the club up for sale. It would attract all sorts of proposals, most of which would be a total waste of the club’s time. There might be a few that were worth exploring, but then anyone who really has a good proposal would hardly be put off by the apparent not-for-sale tag. The club yo-yos in and out of the Premier League, so any investor worth their salt would know it existed.

As to any kind of external investment, it is claimed to be a fact that Delia will never accept that and so has never sought it. If true that is a shame. Of course if it wasn’t true, and if it wasn’t true not just more than a decade ago with the Turners but not true in the quite recent past, then that would be a bit of a facer.

If as one poster says the result of this poll is an accurate indication of how the majority of the fanbase of well over 20,000 feels, ie that Delia should sell up, then it is surprising that there has never been any concerted effort to force her to do that, and still no signs of such.

I gather there is a group called The Apologists (although I wish someone would be brave enough to name all its members so I would know whether I wanted to join) which springs to Delia’s defence at every occasion. If they can be so organised, despite being a tiny minority, how come the outers are not?

Saudi Arabia United are playing Oligarchsea today yet apparently a club that lives within its financial means is the one bringing disrepute to the Premier League…

[komakino 274]

24 minutes ago, Jim Smith said:

Her quotes show that she really is not bothered what league we are in. Which is a big part of the problem. 

Fair comment. We all know she doesn’t like the EPL - which is enough to make her position untenable in itself - , though she’s happy to take its money to keep the delusional and doomed self funding model alive. 

[hogesar 9,724]

2 minutes ago, komakino said:

Fair comment. We all know she doesn’t like the EPL - which is enough to make her position untenable in itself - , though she’s happy to take its money to keep the delusional and doomed self funding model alive. 

I'm shocked you ignored @Badger

[Badger 2,411]

43 minutes ago, Jim Smith said:

Chelsea have been put up for sale and have offers.

A distressed seller for obvious reasons. Bargain to be had. I suspect that this will end up with the bidder who has best links to the Tory party, something like West Ham deal. (They pay less in rent for the London stadium that Sheffield Wednesday have to pay their owners for the use of Hillsborough.)

Southampton actively sought a buyer and have found one. 

Owner desperate to sell and sold for lots less than he paid for it (reportedly he paid £210 million for it and sold it for £100 million). Bargain.

The Palace chairman/owner realised he didn’t have the capital for them to compete in the prem so found extra investment.

Not sure about this yet as no accounts published since the "investment." However, no new equity issued and one Director left the board, which suggests the "investment" was a purchase of existing director's shares. I believe he may have also loaned money to palace but without the accounts we cannot tell.

Villa actively sought buyers snd managed to find new owners twice in 2 years.

Both Lerner and Xia were desperate to sell. Under Xia Villa were on the brink of administration and had to sell or risk losing everything. Bargain again.

The devil is in the detail, Jim. You can always find a buyer if you are forced to sell it very cheaply. Shrewd buyers look for "low hanging fruit"/ easy pickings so that it is easy to make a profit. As we are solvent we are less attractive to bargain hunters bcause we are not distressed sellers.

[nutty nigel 7,598]

Purple is right. The interviews, and theres a bunch of them, are about the book. They are worth a listen. The one that spawned this thread has got some devastating news for some of you...

**The Suffolk Socialist is no more**

I'm a bit devastated too. 'Delia Out Bingo' will never be the same without it.

Now she takes a political view similar to my own. I'm proud of her. There's obviously some good stuff in the book.

Happy reading...

 

 

[chicken 2,640]

15 minutes ago, Badger said:

The devil is in the detail, Jim. You can always find a buyer if you are forced to sell it very cheaply. Shrewd buyers look for "low hanging fruit"/ easy pickings so that it is easy to make a profit. As we are solvent we are less attractive to bargain hunters bcause we are not distressed sellers.

I'd add to that the fact that many people bemoaning our current ownership also wanted us to fork out close to £20m in transfer and wages for Ross McCormack.

Had Villa been relegated rather than stay up with the dodgy VAR decision, they would have been right against the wall again due to massively overspending and using a couple of tricks to circumvent FFP. 

[komakino 274]

44 minutes ago, nutty nigel said:

Purple is right. The interviews, and theres a bunch of them, are about the book. They are worth a listen. The one that spawned this thread has got some devastating news for some of you...

**The Suffolk Socialist is no more**

I'm a bit devastated too. 'Delia Out Bingo' will never be the same without it.

Now she takes a political view similar to my own. I'm proud of her. There's obviously some good stuff in the book.

Happy reading...

 

 

Delia is very much like an old school trade unionist - Self interest instead of the interest of those she is supposed to represent. 

Who really benefits from her tenure at Norwich City? Delia Smith

[Ken Hairy 3,779]

Anyone catch her interview with Chris Evans the other day about her book? It was the utter ramblings of a mad woman 😂

[yellow_belly 226]

I am really bored having Delia at the club. 25 years, 80 years old. Time for someone new (not Nepotism Tom!)

[Badger 2,411]

1 hour ago, chicken said:

I'd add to that the fact that many people bemoaning our current ownership also wanted us to fork out close to £20m in transfer and wages for Ross McCormack.

Don't forget Benik Afobe 😀

[Helsinki canary 242]

She is hanging on like an old dictator, she has done her time and that is now up. Get out in the summer please and find a new owner. Thanks for your service now p..s off and take your nephew with you

[nutty nigel 7,598]

3 hours ago, komakino said:

Delia is very much like an old school trade unionist - Self interest instead of the interest of those she is supposed to represent. 

Who really benefits from her tenure at Norwich City? Delia Smith

Oh of course...

👇Delia Smith👇

☝️Arthur Scargill ☝️

Please alter bingo cards to Suffolk Old School Trade Unionist.

 

[Kenny Foggo 1,116]

4 hours ago, Badger said:

The devil is in the detail, Jim. You can always find a buyer if you are forced to sell it very cheaply. Shrewd buyers look for "low hanging fruit"/ easy pickings so that it is easy to make a profit. As we are solvent we are less attractive to bargain hunters bcause we are not distressed sellers.

Haven't our owners said that they are not in it for the money? Sorry if wrong but I thought that wasn't the overriding factor in their control of the club... So therefore we could be a bargain for someone if the owners are true to their word? Or am I missing something?

I hate how this argument is either unsavoury investment or the status quo. 

[Badger 2,411]

1 minute ago, Kenny Foggo said:

Haven't our owners said that they are not in it for the money? Sorry if wrong but I thought that wasn't the overriding factor in their control of the club... So therefore we could be a bargain for someone if the owners are true to their word? Or am I missing something?

I hate how this argument is either unsavoury investment or the status quo. 

The trouble with selling it cheaply is that you leave it open to bargain hunters again - and they all promise that they are going to give loads when they start, but a lot don't deliver on their promises. Personally I don't think S and J selling helps as the money goes to them, not the club.

Rather than sell their shares cheaply, a better option would be for Smith and Jones to keep their shares and for any new donor to buy new equity: that way you know that the club gets the money and s/he is not in a position to "milk" the club for a profit.

[Kenny Foggo 1,116]

Anyway, our current situation, VAR - three blokes in a shipping container dressed as refs deciding games, the complete disregard for Newcastle being funded by a state that executed 81 people yesterday, football now being a non contact sport exploited by trailing legs of cheats, costs, lack of any atmosphere in grounds, the return of the coke addled numb nut to away days and the general uncompetitive nature of football will see me not have a season ticket for the first time in 30 years.. quite looking forward to it...

[Kenny Foggo 1,116]

1 minute ago, Badger said:

The trouble with selling it cheaply is that you leave it open to bargain hunters again - and they all promise that they are going to give loads when they start, but a lot don't deliver on their promises. Personally I don't think S and J selling helps as the money goes to them, not the club.

Rather than sell their shares cheaply, a better option would be for Smith and Jones to keep their shares and for any new donor to buy new equity: that way you know that the club gets the money and s/he is not in a position to "milk" the club for a profit.

Good point

[norfolkngood 1,087]

Maybe that is part of the Problem with the club being owned by Delia ,

she does not do it for the Money so to her she does not rely on Success ,

the club is now Self funded so she can go up and down leagues and their is no pressure 

she will not have to put money in or have to sell , 

so she can keep winning some and losing some without any worries at all