Syteanric 1 Posted June 30, 2008 We can all speculate as to the in''s and out''s of Mr Cullums deal and what he hopes to gain from it. He first has to convince the Smiths to part with their stake in the football club. Delia Smith has always professed to be "a fan first" and director 2nd... ok so its her football club, but as a true supporter surely her and MWJ must realise that this offer probably WONT come round again. Any real supporter of Norwich City would want to see the club in the top flight, playing (and beating) the likes of Arsenal and Liverpool on a weekly basis. The Smiths, im sure, are no different. They must realise that Peter cullum is also a supporter, and one with considerable wealth.. more wealth than ANY of the current board members can currently lay claim too. He wants the best for the Football club, as do Delia and Michael.However, there has to be a compromise. The article mentions how Peter Cullum approached the board of directors in October with the club staring relegation right between the eyes. He could, if things had worked out differently, have ridden to our rescue. The board rejected his offer for reasons only they will know, the question we have to ask here is if we had got relegated, and then the story today had come to light, would the board have accepted full responsibility for relegation and walked away?We have been told by the board on previous occasions that "there just any investor out there" this clearly hasn''t been true has it?are the Smiths too proud of what they have got to give it all away? have they promised the club to the turners when they both have to retire as directors in a few years? Peter Cullum wont wait forever, he has now thrown his hat in the ring... It is up to the board. the Article states he would keep the Smiths at the club as figureheads, or "the faces of Norwich City" no doubt whilst he operates things quietly in the back ground.Is this enough for Delia? going into Carrow road knowing that its not hers anymore, that she wont be "queen Delia the Darluing of Norwich City" the media will no longer call us "Delia''s Norwich". she would be an anonymous face on the board... would this hurt her too much?We all know from fans forums that the board don''t like being challenged and will dig their heels in rather than listening to the will of the common man, have they just blown what could be the clubs LAST chance of getting to, and staying in, the top flight.They now have the chance to walk away with their heads held high, by selling to Mr Cullum they have secured the future of the football club, they have ensured funds for players and the every day running of the business side and would no doubt make a large amount of money out of it.. they, the supporters, and the city in general can''t lose!Take the money and run Delia, if you cant take a seat on the board knowing you no longer have the final say in all matters Norwich then at least take the money, leave the club in Mr Cullums hands and walk away.The smiths have the chance to become the People some think they are already are, the Saviours of Norwich City. Peter Cullum is waitingjas :) Share this post Link to post Share on other sites
WeAreYellows49 0 Posted June 30, 2008 [quote user="jas the barclay king"]We can all speculate as to the in''s and out''s of Mr Cullums deal and what he hopes to gain from it. He first has to convince the Smiths to part with their stake in the football club. Delia Smith has always professed to be "a fan first" and director 2nd... ok so its her football club, but as a true supporter surely her and MWJ must realise that this offer probably WONT come round again. Any real supporter of Norwich City would want to see the club in the top flight, playing (and beating) the likes of Arsenal and Liverpool on a weekly basis. The Smiths, im sure, are no different. They must realise that Peter cullum is also a supporter, and one with considerable wealth.. more wealth than ANY of the current board members can currently lay claim too. He wants the best for the Football club, as do Delia and Michael.However, there has to be a compromise. The article mentions how Peter Cullum approached the board of directors in October with the club staring relegation right between the eyes. He could, if things had worked out differently, have ridden to our rescue. The board rejected his offer for reasons only they will know, the question we have to ask here is if we had got relegated, and then the story today had come to light, would the board have accepted full responsibility for relegation and walked away?We have been told by the board on previous occasions that "there just any investor out there" this clearly hasn''t been true has it?are the Smiths too proud of what they have got to give it all away? have they promised the club to the turners when they both have to retire as directors in a few years? Peter Cullum wont wait forever, he has now thrown his hat in the ring... It is up to the board. the Article states he would keep the Smiths at the club as figureheads, or "the faces of Norwich City" no doubt whilst he operates things quietly in the back ground.Is this enough for Delia? going into Carrow road knowing that its not hers anymore, that she wont be "queen Delia the Darluing of Norwich City" the media will no longer call us "Delia''s Norwich". she would be an anonymous face on the board... would this hurt her too much?We all know from fans forums that the board don''t like being challenged and will dig their heels in rather than listening to the will of the common man, have they just blown what could be the clubs LAST chance of getting to, and staying in, the top flight.They now have the chance to walk away with their heads held high, by selling to Mr Cullum they have secured the future of the football club, they have ensured funds for players and the every day running of the business side and would no doubt make a large amount of money out of it.. they, the supporters, and the city in general can''t lose!Take the money and run Delia, if you cant take a seat on the board knowing you no longer have the final say in all matters Norwich then at least take the money, leave the club in Mr Cullums hands and walk away.The smiths have the chance to become the People some think they are already are, the Saviours of Norwich City. Peter Cullum is waitingjas :)[/quote]Jas what a brilliant post, shame that Delia won''t get to see it. Share this post Link to post Share on other sites
Pinks 0 Posted June 30, 2008 ...and what makes her the bastion of everything Norfolk and Norwich.I have never worn an Ipswich Town rosette. Share this post Link to post Share on other sites
SWP = Poor Mans Ruel Fox!! 0 Posted June 30, 2008 If Delia and Michael turn down Cullum''s offer flat without any other potential investors at the table, I see things getting mightily messy in one or two ways:(a) Hostile takeover from Cullum, am sure there are sufficient minor shareholders in the club who would be willing to sell to give him a foothold and make things uncomfortable, and/or(b) A huge backlash from the City fans, particularly if there still appears to be no money despite turning down a billionaire Norwich fan!Am sure something is in the pipeline because as everyone always says the club is very good usually at PR and will no full well the implications of this article, that is if they didnt have full pre-warning of its contents anyway. Share this post Link to post Share on other sites
Hog 0 Posted June 30, 2008 Please somebody forward that email to the club! Very well put and I totally agree. Share this post Link to post Share on other sites
Trent Canary 0 Posted June 30, 2008 Sounds right to me. Good post.Obviously we dont know the finer details of the original negotiations, but you would like to think that Delia is as excited to sell (Given that its to such a rich norwich supporter) as PC would be to buy. Time will tell. Share this post Link to post Share on other sites
Icecream Snow 777 Posted June 30, 2008 [quote]If Delia and Michael turn down Cullum''s offer flat without any other potential investors at the table, I see things getting mightily messy in one or two ways:(a) Hostile takeover from Cullum, am sure there are sufficient minor shareholders in the club who would be willing to sell to give him a foothold and make things uncomfortable, [/quote]Well, for a start Rick Waghorn is saying that Delia and Michael Wynn-Jones own 61.2% of the shares.So far it all seems very amicable. I''d guess that the issue is with the valuation of the club. Share this post Link to post Share on other sites
Hardhouse44 289 Posted June 30, 2008 Now that the whole thing is out in public how can Delia reject the offer. Some negotiation my be needed but to point blank refuse would be social suicide.Every fan wants this. Money, the sort of money to compete at the top of this league. With the sort of man at the helm able to see potential and make us a premiership side. And more importantly to do the one thing Delia and Hubby couldn''t or wouldn''t, keep us there by spending the money you get for being one of the elite.How can she turn down the offer. You sum up he ego well. I have always thought that Delia wants to be Mrs Norwich City. I have also always thought she has been given a very smooth ride by us fans. I have wondered on many occasions what her reaction would be if her name was mud as previous high profile people at the club have had. If she was hated, if the fan turn their venom on her week in week out how would she react. I reckon we would see the club up for sale in a matter of a few weeks. Delia has given good service to this club and is held by most fans in high esteem for it. She will however soon find that us football fans are a fickle bunch and that what we all really want more than anything is to win lots of football games. And she has proved over the last few season she can''t deliver that. Cullum or at least Cullum''s money can.Delia can''t fight that and she''d be mad to try. Share this post Link to post Share on other sites
JG27 0 Posted June 30, 2008 ...she would let Cullum take over, surely.For the good of the club, Smith and husband have to let Cullum inject money into the transfer kitty and take a break from being majority shareholder.Views and suggestions? Share this post Link to post Share on other sites
Hog 0 Posted June 30, 2008 Agreed, and maybe she will. Share this post Link to post Share on other sites
xxxx 0 Posted June 30, 2008 Well this is the guy who everybody has been hoping would take over ,will Delia turn him down ? if so we may never get as good an opportunity ever again . Share this post Link to post Share on other sites
Mark Smith 0 Posted June 30, 2008 Her and MWJ aren''t getting any younger. Now is the time they should be looking for someone to take over the reigns. Surely this is the best oppourtunity for that? Share this post Link to post Share on other sites
sturgeon220 0 Posted June 30, 2008 If The offer is a fair price for the shares held by the present majority shareholders then yes they should sell , as they have maintained they would do. BUT we do NOT know what the offer is yet. When we do have the facts then (and only then) can we make an informed decision wether to support the bid or not. Share this post Link to post Share on other sites
ricardo 8,034 Posted June 30, 2008 [quote user="Ncfc No Ambition"]Well this is the guy who everybody has been hoping would take over ,will Delia turn him down ? if so we may never get as good an opportunity ever again .[/quote]It''s pretty obvious that she turned him down last year and nothing has changed. You can tell that from the silence eminating from Delia and MWJ.Fortunately Cullem seems to have made up his mind to have a go otherwise why would he now shake the tree.If he is as serious as he seems then he has the muscle to win this battle. Share this post Link to post Share on other sites
rudenotto69 0 Posted June 30, 2008 It will cost Callum more than £20 million to take control of the club more like £56 million thats possibly why they didnt take him up on his offer last year.http://www.canaries.premiumtv.co.uk/page/NewsDetails/0,,10355~1336394,00.htmlDoes this news now hinder Reoder''s transfer plans???Will all the players we want suddenly cost alot more perhaps, now this has gone public??More fun and games at the circus! Share this post Link to post Share on other sites
First Jedi 0 Posted June 30, 2008 [quote user="jas the barclay king"]We all know from fans forums that the board don''t like being challenged and will dig their heels in rather than listening to the will of the common man, [/quote]What?!? Because they don''t respond to stupid posts on this board and you come up with that!DUH! Share this post Link to post Share on other sites
iluveadie 0 Posted June 30, 2008 I know I will get a whole lot of slagging off for this, but here''s how I see it.From what I can see of Delia and how she has conducted herself over the last 10 years, she is a decent person and a supporter of Norwich City FC. She stepped up when she had to and has proved herself over the years. But now she has gone from fairy godmother to some kind of hate figure. I don''t believe for one moment she wants to walk away from the club with loads of profit and shaft the club etc, yet that is how a lot of you have decided to paint this. I honestly believe if we give them time, they will pull something out of the drawer. I am disgusted at some of the comments I have just read on this board. Fickle fans.This is my opinion, like it or lump it. You need not bother replying to tell me how awful my opinion is as this is all I have to say on the matter. Share this post Link to post Share on other sites
Show Me What You Gooot! 0 Posted June 30, 2008 [quote user="jas the barclay king"]We can all speculate as to the in''s and out''s of Mr Cullums deal and what he hopes to gain from it. He first has to convince the Smiths to part with their stake in the football club. Delia Smith has always professed to be "a fan first" and director 2nd... ok so its her football club, but as a true supporter surely her and MWJ must realise that this offer probably WONT come round again. Any real supporter of Norwich City would want to see the club in the top flight, playing (and beating) the likes of Arsenal and Liverpool on a weekly basis. The Smiths, im sure, are no different. They must realise that Peter cullum is also a supporter, and one with considerable wealth.. more wealth than ANY of the current board members can currently lay claim too. He wants the best for the Football club, as do Delia and Michael.However, there has to be a compromise. The article mentions how Peter Cullum approached the board of directors in October with the club staring relegation right between the eyes. He could, if things had worked out differently, have ridden to our rescue. The board rejected his offer for reasons only they will know, the question we have to ask here is if we had got relegated, and then the story today had come to light, would the board have accepted full responsibility for relegation and walked away?We have been told by the board on previous occasions that "there just any investor out there" this clearly hasn''t been true has it?are the Smiths too proud of what they have got to give it all away? have they promised the club to the turners when they both have to retire as directors in a few years? Peter Cullum wont wait forever, he has now thrown his hat in the ring... It is up to the board. the Article states he would keep the Smiths at the club as figureheads, or "the faces of Norwich City" no doubt whilst he operates things quietly in the back ground.Is this enough for Delia? going into Carrow road knowing that its not hers anymore, that she wont be "queen Delia the Darluing of Norwich City" the media will no longer call us "Delia''s Norwich". she would be an anonymous face on the board... would this hurt her too much?We all know from fans forums that the board don''t like being challenged and will dig their heels in rather than listening to the will of the common man, have they just blown what could be the clubs LAST chance of getting to, and staying in, the top flight.They now have the chance to walk away with their heads held high, by selling to Mr Cullum they have secured the future of the football club, they have ensured funds for players and the every day running of the business side and would no doubt make a large amount of money out of it.. they, the supporters, and the city in general can''t lose!Take the money and run Delia, if you cant take a seat on the board knowing you no longer have the final say in all matters Norwich then at least take the money, leave the club in Mr Cullums hands and walk away.The smiths have the chance to become the People some think they are already are, the Saviours of Norwich City. Peter Cullum is waitingjas :)[/quote]Take a bow and let me buy you a drink. Share this post Link to post Share on other sites
Show Me What You Gooot! 0 Posted June 30, 2008 Was 3-4 years not enough time for them to pull something out of the bag?I am thankful for her contribution pre-2005 but time is up. Share this post Link to post Share on other sites
if I promise to behave 0 Posted June 30, 2008 Iluveadie. I agree. Share this post Link to post Share on other sites
PhatCanary 0 Posted June 30, 2008 Superb post jas, i hope that all parties can come to an agrement and quick, this club will go forward a such a speed if they all pull in the same direction!! Share this post Link to post Share on other sites
Desi Rascall 0 Posted June 30, 2008 [quote user="ob1"][quote user="jas the barclay king"]We all know from fans forums that the board don''t like being challenged and will dig their heels in rather than listening to the will of the common man, [/quote]What?!? Because they don''t respond to stupid posts on this board and you come up with that!DUH![/quote]i think he means their conduct at AGM''s and Meet the fans evenings as opposed to message board forums.Top post btw Jas Share this post Link to post Share on other sites
Trent Canary 0 Posted June 30, 2008 [quote user="ob1"][quote user="jas the barclay king"]We all know from fans forums that the board don''t like being challenged and will dig their heels in rather than listening to the will of the common man, [/quote]What?!? Because they don''t respond to stupid posts on this board and you come up with that!DUH![/quote]He means fans forums as in supporters meetings, not internet. Never been to one so cant comment on what has taken place. Share this post Link to post Share on other sites
Nuff Said 5,960 Posted June 30, 2008 Jas, if I offered to buy your house for half what''s it''s worth, would you accept? Yes, I know NCFC isn''t a house but presumably what PC has offered is a fraction of what Delia has invested. However, he''s clearly still interested, so hopefully they can find a compromise. Share this post Link to post Share on other sites
Barclay_Boy 0 Posted June 30, 2008 [quote user="WeAreYellows49"][quote user="jas the barclay king"] We can all speculate as to the in''s and out''s of Mr Cullums deal and what he hopes to gain from it. He first has to convince the Smiths to part with their stake in the football club. Delia Smith has always professed to be "a fan first" and director 2nd... ok so its her football club, but as a true supporter surely her and MWJ must realise that this offer probably WONT come round again. Any real supporter of Norwich City would want to see the club in the top flight, playing (and beating) the likes of Arsenal and Liverpool on a weekly basis. The Smiths, im sure, are no different. They must realise that Peter cullum is also a supporter, and one with considerable wealth.. more wealth than ANY of the current board members can currently lay claim too. He wants the best for the Football club, as do Delia and Michael.However, there has to be a compromise. The article mentions how Peter Cullum approached the board of directors in October with the club staring relegation right between the eyes. He could, if things had worked out differently, have ridden to our rescue. The board rejected his offer for reasons only they will know, the question we have to ask here is if we had got relegated, and then the story today had come to light, would the board have accepted full responsibility for relegation and walked away?We have been told by the board on previous occasions that "there just any investor out there" this clearly hasn''t been true has it?are the Smiths too proud of what they have got to give it all away? have they promised the club to the turners when they both have to retire as directors in a few years? Peter Cullum wont wait forever, he has now thrown his hat in the ring... It is up to the board. the Article states he would keep the Smiths at the club as figureheads, or "the faces of Norwich City" no doubt whilst he operates things quietly in the back ground.Is this enough for Delia? going into Carrow road knowing that its not hers anymore, that she wont be "queen Delia the Darluing of Norwich City" the media will no longer call us "Delia''s Norwich". she would be an anonymous face on the board... would this hurt her too much?We all know from fans forums that the board don''t like being challenged and will dig their heels in rather than listening to the will of the common man, have they just blown what could be the clubs LAST chance of getting to, and staying in, the top flight.They now have the chance to walk away with their heads held high, by selling to Mr Cullum they have secured the future of the football club, they have ensured funds for players and the every day running of the business side and would no doubt make a large amount of money out of it.. they, the supporters, and the city in general can''t lose!Take the money and run Delia, if you cant take a seat on the board knowing you no longer have the final say in all matters Norwich then at least take the money, leave the club in Mr Cullums hands and walk away.The smiths have the chance to become the People some think they are already are, the Saviours of Norwich City. Peter Cullum is waitingjas :)[/quote]Jas what a brilliant post, shame that Delia won''t get to see it.[/quote]seconded here, brilliant post, why not send a hard copy to the EDP, that way she may see it? Share this post Link to post Share on other sites
E I E I E I O 0 Posted June 30, 2008 She wants to walk away with a nice 20% profit, saviour my arse! We are stuck with her and her pathetic miserable transfer policy for a few more seasons yet. Unless, Mr Cullum is that desperate he is willing to pay her a 20% mark up on her shares she snapped up recently.Just maybe he is so fed up with seeing the side drained to the point of near relegation to the 3rd tier of football, he is going to do something about it. Otherwise there will be more freebies and cheap players incoming for another miserable campaign.How some people defend them amazes me, they will have put nothing into the club whereas this guy is actually saying he is prepared to lose the lot. The guy that sold Wolves for a tenner is a saviour, not someone that wants 16 Million plus loans repaid! Christ man wake up!! Share this post Link to post Share on other sites
ca 1 Posted June 30, 2008 [quote user="jas the barclay king"]We can all speculate as to the in''s and out''s of Mr Cullums deal and what he hopes to gain from it. He first has to convince the Smiths to part with their stake in the football club. Delia Smith has always professed to be "a fan first" and director 2nd... ok so its her football club, but as a true supporter surely her and MWJ must realise that this offer probably WONT come round again. Any real supporter of Norwich City would want to see the club in the top flight, playing (and beating) the likes of Arsenal and Liverpool on a weekly basis. The Smiths, im sure, are no different. They must realise that Peter cullum is also a supporter, and one with considerable wealth.. more wealth than ANY of the current board members can currently lay claim too. He wants the best for the Football club, as do Delia and Michael.However, there has to be a compromise. The article mentions how Peter Cullum approached the board of directors in October with the club staring relegation right between the eyes. He could, if things had worked out differently, have ridden to our rescue. The board rejected his offer for reasons only they will know, the question we have to ask here is if we had got relegated, and then the story today had come to light, would the board have accepted full responsibility for relegation and walked away?We have been told by the board on previous occasions that "there just any investor out there" this clearly hasn''t been true has it?are the Smiths too proud of what they have got to give it all away? have they promised the club to the turners when they both have to retire as directors in a few years? Peter Cullum wont wait forever, he has now thrown his hat in the ring... It is up to the board. the Article states he would keep the Smiths at the club as figureheads, or "the faces of Norwich City" no doubt whilst he operates things quietly in the back ground.Is this enough for Delia? going into Carrow road knowing that its not hers anymore, that she wont be "queen Delia the Darluing of Norwich City" the media will no longer call us "Delia''s Norwich". she would be an anonymous face on the board... would this hurt her too much?We all know from fans forums that the board don''t like being challenged and will dig their heels in rather than listening to the will of the common man, have they just blown what could be the clubs LAST chance of getting to, and staying in, the top flight.They now have the chance to walk away with their heads held high, by selling to Mr Cullum they have secured the future of the football club, they have ensured funds for players and the every day running of the business side and would no doubt make a large amount of money out of it.. they, the supporters, and the city in general can''t lose!Take the money and run Delia, if you cant take a seat on the board knowing you no longer have the final say in all matters Norwich then at least take the money, leave the club in Mr Cullums hands and walk away.The smiths have the chance to become the People some think they are already are, the Saviours of Norwich City. Peter Cullum is waitingjas :)[/quote] Great post Jas, how about sticking it on the official site message board ? Share this post Link to post Share on other sites
Syteanric 1 Posted July 1, 2008 i might forward it the EDP EEN letters on my lunch break and also stick it up on the main site.... jas :) Share this post Link to post Share on other sites