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Exclusive: Potential Canary investment!!!

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[quote user="can u sit down please"][quote user="Yella_Forever"]

[quote user="Barclay_Boy"]8 hours 48 minutes till the newsagents opens tomorrow morning....[/quote]

 

 I know the guy that delivers the edp amonst other papers to the back of the shop at the front of mine, i will see if i can grab a copy at 1/2am and check it out...... !!!

[/quote]

text me if u find out matey. will pm ya my mob.

[/quote]

 

yeh go on msn i will get it there!!!!

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[quote user="Mark Smith"]Bear in mind though, that this appears to be the EDP ''revealing'' things. We have no indication that club want to spill the beans tomorrow. Especially if it''s only ''potential'' investment.[/quote]

 

If you are all that desperate and live in Norwich go to Archant Towers, watch for the first person coming out with a copy of the paper and offer them a £1 for it (Machine Minders are best for this, in our experience) and if you are "that" desperate go up to whatever your limit is.

Sooner or later you will get a copy.  It''s always worked for us on the occasions we have needed to use it.

When I was on The Sun a casual was always sent to Thames Distribution at Southwark to collect rival first editions just as they were being shipped off to the London Stations.  They had £500 on them and some (mostly the newbies) came back with change.

Alternatively you can cut open the bundle left on the newsagents door (Stanley knife will do it) although that bit is is not in the National Council for the Training of Journalists course.  Come to think of it neither is the other bit.

But needs must, on occasions.

GET IN!

 

 

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Well I hope if anyone does find out early they share it with us! I''m looking forward to tomorrow, but remain skeptical until I see real proof!! Roll on tomorrow morning, hopefully a new dawn for NCFC

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Considering the headline I think the EDP will be stormed tommorrow if this is some half-arsed story. I would imagine Pete etc on their webteam seeing these messages and the increasing hit volume would alert Archant to the fact that the word is spreading fast and that they have to make good on what is implied.

[quote user="ncfcstar"]Well I hope if anyone does find out early they share it with us! I''m looking forward to tomorrow, but remain skeptical until I see real proof!! Roll on tomorrow morning, hopefully a new dawn for NCFC[/quote]

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Anyone who doubts this just consider the amount of different sources it has come from, for me the fact that John Tilson has confirmed a figure of 20 million is enough to make me believe, if anyone was privvy to such info it would be him. There are also plenty of other sources with info to back it up and I really do believe it is a case of when it will be official rather than if. My money would be on an official announcement on Tuesday.

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[quote user="Caaanary"]Doncaster has gone.[/quote]

 

He was up here at my works 3 weeks ago, although only visiting but could it have been an interview? Please NOOOO.[:''(]

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Heard it is connected to Cullum and will upset many of the anti-club brigade (trolls) on here.Don''t expect absolutes, more an outline.

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God things have just got a lot more cryptic. Between this and the other thread started by TIL 1010 it''s all getting confusing. "Wiz and smudger will have a field", "will upset many of the anti-club brigade (trolls) on here". I can''t work out if these are good things or bad things...

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Probs already been said...

I''m really sorry to bring every one back to earth but ... do you all think this is the right time for the club to be talking about new investment?

Now every bloody team is going to know we are loaded and up the prices!

This should have been more thought thru and released on September the 1st!!!

I''m not saying its a bad having investment but talk about premature e*****tion!!! Cheers EDP!

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And if we reveal four decent players at the same time?  Why do people keep thinking we are yet to secure transfer targets?

[quote user="Red Canary"]

Probs already been said...

I''m really sorry to bring every one back to earth but ... do you all think this is the right time for the club to be talking about new investment?

Now every bloody team is going to know we are loaded and up the prices!

This should have been more thought thru and released on September the 1st!!!

I''m not saying its a bad having investment but talk about premature e*****tion!!! Cheers EDP!

[/quote]

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Just a little interlude here - this thread has already become the 3rd most viewed on the entire forum in less than 10 hours!

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[quote user="No News Nick"]Just a little interlude here - this thread has already become the 3rd most viewed on the entire forum in less than 10 hours![/quote]And a sunny Sunday too...WOTB is down at the moment though - so might be more traffic because of that.

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I suspect it is the source of the potential investment hat is the shocker. Perhaps Delia has decided to sell out to a non-NCFC fan such as Robert Mugabe doing a runner and investing his ill-gotten gains in the club or a massive oil strike has been found under Carrow Road requiring the club to move home in order to exploit it. 

One horrible thought is that ''Good''Evans is buying the club and will merge it with the scum to form an EA super club.

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[quote user="crafty canary"]

I suspect it is the source of the potential investment hat is the shocker. Perhaps Delia has decided to sell out to a non-NCFC fan such as Robert Mugabe doing a runner and investing his ill-gotten gains in the club or a massive oil strike has been found under Carrow Road requiring the club to move home in order to exploit it. 

One horrible thought is that ''Good''Evans is buying the club and will merge it with the scum to form an EA super club.

[/quote]

I don''t feel very well now....[+o(]

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If we are officially ''Loads A Money'' Norwich tomorrow I fully expect 4 or 5 players to be announced on Tuesday. NCFC isn''t stupid enough to let the world know we''re loaded before bidding for players!

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[quote user="crafty canary"]

I suspect it is the source of the potential investment hat is the shocker. Perhaps Delia has decided to sell out to a non-NCFC fan such as Robert Mugabe doing a runner and investing his ill-gotten gains in the club or a massive oil strike has been found under Carrow Road requiring the club to move home in order to exploit it. 

One horrible thought is that ''Good''Evans is buying the club and will merge it with the scum to form an EA super club.

[/quote]For me, the shock would be Delia going...The phraseology strikes me as that of a journo who is not really in touch with what the fans want. Delia has taken the club as far as she can (and all credit to her for that), but it''s time for fresh blood with fresh money.I suppose it would be a shock in a "surprised" way if she went, but not a "shocking" scenario.TIL1010 has pretty much confirmed it''s Cullum related with the Turners broking the deal in some way. Therefore, Delia going is the only plausible scenario for me...

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"And if we reveal four decent players at the same time?  Why do people keep thinking we are yet to secure transfer targets?"

I''ll be honest not optimistic.... At this stage money is the only draw to a club like Norwich!

Hopeful in a next season it will be more ambition than money! But in the mean time dont get to excited about signings.....

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[quote user="Iwan is God"]If we are officially ''Loads A Money'' Norwich tomorrow I fully expect 4 or 5 players to be announced on Tuesday. NCFC isn''t stupid enough to let the world know we''re loaded before bidding for players![/quote]

If it''s a hostile bid then the club would have no say in when it was made public.

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[quote user="Red Canary"]

"And if we reveal four decent players at the same time?  Why do people keep thinking we are yet to secure transfer targets?"

I''ll be honest not optimistic.... At this stage money is the only draw to a club like Norwich!

Hopeful in a next season it will be more ambition than money! But in the mean time dont get to excited about signings.....

[/quote]Yes... But we don''t need to tell the selling club anything about our financial situation. Provided we can reach an agreement with the club in question, that''s all that''s required.Then we can offer the player wages in line with our real financial situation which may or may not have been known/improved/budgetted for prior to today.

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Don''t assume that any potential takeover bid would have an effect on this summer''s transfer window though. These things take time to go through, and all sources indicate we are not at the ''signing on the dotted line'' stage with an investor.

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Thank you all for explaing that one to me!!!

I just think the timing was a bit out... as well i''m sure there will be more signed up after Tuesday!

 

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I am one hundred percent optimistic we will be revealing some new players - we have to!  Interesting timing though, run this story on the monday and window opens on the Tuesday - a coincidence?  Rasiak and Ameobi anyone....

 

[quote user="Red Canary"]

"And if we reveal four decent players at the same time?  Why do people keep thinking we are yet to secure transfer targets?"

I''ll be honest not optimistic.... At this stage money is the only draw to a club like Norwich!

Hopeful in a next season it will be more ambition than money! But in the mean time dont get to excited about signings.....

[/quote]

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Imagine this lot walking out, with Gold Numbers on their shirts 1st day of the season, being realisticMarshall, Cork, Bertrand, Shacks, Gorkks, Clingan, Fozzy, Hoolahan, Ameobi, Rasiak, Evans

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[quote user="Jimmy Smith"]Imagine this lot walking out, with Gold Numbers on their shirts 1st day of the season, being realistic

Marshall, Cork, Bertrand, Shacks, Gorkks, Clingan, Fozzy, Hoolahan, Ameobi, Rasiak, Evans
[/quote]

You''ve missed Martin Taylor and C. Ronaldo...[:-*]

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[quote user="Jimmy Smith"]Imagine this lot walking out, with Gold Numbers on their shirts 1st day of the season, being realistic

Marshall, Cork, Bertrand, Shacks, Gorkks, Clingan, Fozzy, Hoolahan, Ameobi, Rasiak, Evans
[/quote]

That would be nice, although Hull are reportedly after Bertrand

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[quote user="ricardo"]

[quote user="Iwan is God"]If we are officially ''Loads A Money'' Norwich tomorrow I fully expect 4 or 5 players to be announced on Tuesday. NCFC isn''t stupid enough to let the world know we''re loaded before bidding for players![/quote]

If it''s a hostile bid then the club would have no say in when it was made public.

[/quote]How can it be a hostile takeover bid? If the Smiths are majority shareholders, which they are, then it''s their call of they sell or not. There can be nothing hostile about it.

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I''d like to take a step back before getting excited about any of this.

Im sure our close neighbours had a similar scenario last summer, didnt do their football much good though.

Would like to see the new faces arriving soon, and it will be exciting to see what the EDP has to say, hopefully its not just whats already been said/guessed on here.

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The Cullum rumour mill fires up again. After all, he cashed in £60 mill''s worth of chips in April

Sun 29 Jun 08

It was the interview that launched a thousand rumours. Before The

Independent stirred the pot again this spring, rumours of Towergate

Partnership executive chairman Peter Cullum taking a financial interest

in the Canaries were merely numbered in the hundreds.Tonight

and that same rumour mill was back into over-drive as the Eastern Daily

Press promised its readers a "sensational" story in the morning; of a

"potential investment" that would put the Canaries in among the really

big boys after a dozen years with just "a poor millionaire" at the helm

in the shape of the nation''s favourite cook, Delia Smith.The

Independent''s profile of the one-time Canary schoolboy star - his

budding professional football career ended, apparently, by a close

encounter with a certain Charlie George in a game against Arsenal Boys

- inevitably turned to football and the prospect of the Norfolk club

becoming the latest to be a billionaire''s play-thing."Football remains a passion, although he gets little time to attend matches," wrote The Independent."Is

he [Cullum] tempted to invest in ailing Norwich City Football Club,

where he played for the junior team as a schoolboy? "Never say never,"

is the reply. This, arguably, would be one investment where Peter

Cullum would allow his heart, rather than his cool analytical business

head, to rule the day."It is those three words - ''Never, say

never...'' - that sparked the latest round of ''Cullum in!'' speculation;

with Delia merely adding further fuel to the fire by her intriguing

remarks to Radio Norfolk at last week''s Royal Norfolk Show.Quizzed

as to the possibility of further investment this summer, the club''s

principal shareholder was in a ''Wait and see..'' mood."Whatever''s happening on the investment side, we wouldn''t be saying," she told Radio Norfolk. "There''s

loads of new investment, everything''s lovely, we''re keeping quiet about

all the money," she added, before remembering that she was acting under

orders. "No, no, no, I''ve got to behave, when they let me out they say

''Behave!''" Cullum is certainly an interesting character and

would certainly pass the kind of "fit and proper person" test that

Delia and her husband, Michael Wynn Jones, have always said that they

would apply to any potential suitor; it is why the Turners of

CentralTrust fame, Andrew and Sharon, were allowed through the

boardroom door last summer - good, Norfolk people with a proven track

record in business.Cullum''s record in business is even more startling than the Turners.For

that "cool analytical business head" as recognised by The Independent

has seen Kent-based Towergate rocket into the insurance stratosphere

over the last decade; from employing just three people in 1997,

Towergate now employs 3,500 - including, famously, a ''director of fun''

- and has been valued at £3 billion of late.The company''s

success in cornering much of the UK specialised insurance market,

coupled to a phenomenal record on the acquisition trail, has not only

seen Cullum, 57, become the United Kingdom''s ''Entrepreneur of the

Year''; it has also catapulted him into the big league as far as the

Sunday Times Rich List is concerned. From a mere 106th equal in 2007 with a paltry personal wealth estimated

at £700 million, this year''s survey had found another billion stuffed

underneath the family mattress - Cullum weighing in at 40th equal with

a newly-estimated personal fortune of £1,700 million on the basis of

his majority stake holding in Towergate.As the Turners have

long protested, such numbers are purely theoretical. They are on paper

only - it is only when you liquify your assets, do such numbers start

to pay for Shola Ameobi''s wages.Which - coincidentally - is just what Cullum has started to do.Though

a mooted 25% buy-out by the private equity outfit Candover failed to

materialise ahead of this spring''s punitive changes in the rate of

capital gains tax - a deal that would have netted Cullum and his senior

managerial team a cool £850 million on the back of a £3.4 billion

valuation on Towergate - they did, however, squeeze in a swift sale of

preferred ordinary shares to the American hedge fund Och-Ziff. April''s

deal was reported to have raised £100 million - and together saved the

Towergate team about £8 million in tax. Cullum is reported to enjoy a

65% stake in Towergate; back of a fag-packet numbers, but that would

give him the better part of £60 million in cash to splash. It

was the second time in less than two years that Och-Ziff had helped

Cullum get liquid - in November 2006, together with Reservoir Capital,

they bought £100 million worth of preference shares as part of a £580

million refinancing package that was led by banking giants, HBOS.Speaking

to the financial Press earlier this year, Cullum was clearly looking at

further ''de-risking'' events - short-hand for cashing in some of his

Towergate chips."It would be daft to say that we would never

consider a suitable offer. So in terms of the next 12 months, I see the

opportunity for another de-risking event that would take something off

the table, but we certainly wouldn''t consider conceding control to a

bank or a private equity house," he said, at the time clearly in no

mood for selling up lock, stock and barrel - even if rumours have been

rife for the last year of private equity companies circling Towergate."We

have too much to do over the next two to three years and it would be a

very premature move on my part to effectively agree to a change of

ownership in the business right now."That he is starting to

plan for an exit appears in little doubt - he has already proved a

generous benefactor of worthy causes, led by his own charitable trust

run by his two daughters. Last year it benefitted to the tune of £15

million - half of his £9 million annual bonus, plus £10 million from

that first £65 million share of the Och-Ziff/HBOS re-financing deal. "I

will give away hundreds of millions because my children do not need it.

Philanthropy to me is real and I want to use my wealth to make a

difference," he said at the time.That kind of wealth would

certainly make a difference in the Championship. He doesn''t appear to

be one to shirk a challenge and like most men of his ilk and Rich List

standing, he has a fiercely competitive streak that once upon a time

found an outlet as a Norwich City schoolboy. "One of my

favourite phrases is something Andy Homer [Towergate''s chief executive]

says: ''Show me a good loser and I will show you a loser...'' I love that

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