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Lita Loan extended till December 7th

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"Norfolk businessman and staunch Canary fan Carl Moore will continue to help to finance the loan. Mr Moore, who previously made a generous contribution towards the wages of Darren Huckerby when he first came to Carrow Road, helped support Lita''s original deal - and he will continue to make a substantial contribution during the extended period of his loan."

from the official site.

So, hats off to Mr Moore (again).

Why isn''t he on the board again?

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So we should be grateful for CM contributions but not for the Board''s larger contributions which they may or may not get back at some stage? Cash is cash

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[quote user="Mr. Bump"]Carl Moore is a top bloke. Cheers [Y][/quote]

Lets all tell him that on Saturday. Come on Delia follow the rout to the Exit door

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Taken from canaries.co.uk.  For those that can''t do linkage............

LITA LOAN EXTENDED

Posted on: Tue 04 Nov 2008

CITY can confirm Leroy Lita''s loan deal has been extended until December 7.The

original loan period would have meant that Saturday''s game against

Burnley would have been the Reading striker''s last game for the

Canaries, but Steve Coppell has agreed to extend the former England

Under-21 international''s stay at Carrow Road. The terms will

potentially allow the 23-year-old to play in the East Anglian derby

against Ipswich Town on December 7. However Reading have the ability to

recall the striker at 24 hours'' notice.

Since joining Norwich last month, Lita has scored four goals in six appearances for the Club. Norfolk

businessman and staunch Canary fan Carl Moore will continue to help to

finance the loan. Mr Moore, who previously made a generous contribution

towards the wages of Darren Huckerby when he first came to Carrow Road,

helped support Lita''s original deal - and he will continue to make a

substantial contribution during the extended period of his loan.

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"So we should be grateful for CM contributions but not for the Board''s larger contributions which they may or may not get back at some stage? Cash is cash"

It is slightly different though isn''t it?

Moore''s cash is a donation, he never expects to see it again.

Delia/MWJ''s (very welcome) £2m in the summer was in the form of ''a loan''. OK, technically they may not get it back but it''s not written off is it?

Depending on the terms of any future takeover it might be waived but it''s not guaranteed.

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[quote user="jetstream"]"So we should be grateful for CM contributions but not for the Board''s larger contributions which they may or may not get back at some stage? Cash is cash" It is slightly different though isn''t it? Moore''s cash is a donation, he never expects to see it again. Delia/MWJ''s (very welcome) £2m in the summer was in the form of ''a loan''. OK, technically they may not get it back but it''s not written off is it? Depending on the terms of any future takeover it might be waived but it''s not guaranteed.[/quote]

I don''t know the exact in''s and out''s but it is totally untrue to say Carl Moore''s input is purely a donation, there is an arrangement in place for financial return and concessions in other ways - how much and when I do not know but this was from "the horse''s mouth".

 

Nonetheless as every one else has said, a big thank you to Carl Moore and a shame we have to rely on this form of player funding.

 

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PC offered the shareholders nothing and as I said elsewhere from a pure economiv cash flow stand point most football clubs are worthless so there is no guarantee that they will get their money back or any return. They are still providing 2m cash to support the player budget, something which a bank would never do. The opportunity cost of the various shareholders loans in terms of lost interest/investment opportunity is probably similar to what CM is putting in plus they risk losing their capital. I''m suprised giving the talks of protest some people are not criticising CM for supporting the current regime. It seems different standards apply to different individuals and to what posters would be willing to do themselves.   

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Carl Moore is a star.  Quite frankly I don''t blame him for not wanting a place on the board though.  Who needs the hassle of supporting the expectations of being one of 25 teams who believe they''re good enough for the Premiership, but don''t have the money to compete ?  This way he gets to help out, without having people calling him whatever the label is this week for being a board member.

It won''t come as a surprise, but I agree with T.  It seems that some people are only happy when other people are throwing money at the club unconditionally.

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Hat''s off once again to Mr Moore.However, the hypocrisy and double standards of some people on this forum takes my breath away.

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Not at all - don''t love or hate any of them and would like to see PC takeover for the record.

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[quote user="T"]Not at all - don''t love or hate any of them and would like to see PC takeover for the record.[/quote]

Well in that case you should stop sticking up for the wicked cook and start making up stuff to discredit her.[:O]

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[quote user="T"]Not at all - don''t love or hate any of them and would like to see PC takeover for the record.[/quote]

 

 

Come on T, tell them that you want Preston to win on Saturday and that relegation would be good for the club because that would force Delia out (regardless of whether we had a replacement). That''s the only way to prove you''re a true fan as opposed to a milk drinking, Hyundai driving,beige cardigan wearing ,mint sucking board apologist.Oh,and insult people more and swear a lot in your posts.[:P]

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[quote user="Lol Morgan"]Well done Carl Moore. We''d be bottom of the league without you. Ta.[/quote]

yes.. instead we sit just outside the relegation zone.... brilliant! ;)

jas :)

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