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Who's £3 BILLION in debt then?

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Premier League clubs

Man U are $600m in debt SIX HUNDRED MILLION !!

Liverpool £350m

West Ham £230m

Is that where you all want to be?

Norwich, £19m in debt

Well done board.

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[quote user="IBA"]Premier League clubs

Man U are $600m in debt SIX HUNDRED MILLION !!

Liverpool £350m

West Ham £230m

Is that where you all want to be?

Norwich, £19m in debt

Well done board.[/quote]

Well done on comparing debt.

Now compare success. Not so well done is it?

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Yes well done Board for all the premiership titles, all those years playing and beating Europes finest teams, the Cup finals and building a team worth hundreds of millions and turning the Club into a business worth hundreds of millions per year and only going £19m into debt in the process.Hip hip hurrah! Hip hip hurrah! Hip hip hurrah!

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yes and all 3 are premiership sides with players they can cash in on...

Well done City board for taking us to the verge of division 1 with no one to sell to generate funds!

jas :)

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[quote user="IBA"]Premier League clubs Man U are $600m in debt SIX HUNDRED MILLION !! Liverpool £350m West Ham £230m Is that where you all want to be? Norwich, £19m in debt Well done board.[/quote]

And all them silly billy spendthrift clubs - have to pay it off by tomorrow, or they get their grounds repossessed. That''ll learn ''em.....

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[quote user="jas the barclay king"]

yes and all 3 are premiership sides with players they can cash in on...

Well done City board for taking us to the verge of division 1 with no one to sell to generate funds!

jas :)

[/quote]

Well said

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I read some where that Chelsea owed Mr Abromovich about £600 mil. Wouldn''t want to be Chelsea if he called that in. Mind you, beng a fashionable West London club, I''m sure they would get new investors in. Debt has never really bothered me, its about what we have to sell if need be and what we have done with the money. I agree with the new stand, money well spent, its others and now we have no football team to show for all that money we are in debt.

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And how many Directors of the Clubs you list IBA had to spend last night practically blubbing in front of 500 shareholders because the money has all run out and they haven''t got a clue what to do next?

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Yeah sorry - The $ was supposed to be £

Scary though huh?

Liverpool have until January

Yesterday counts for shit if you aint there tomorrow

Anyone know of a football debt league table?

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Looking at all of the clubs mentioned (including us). West Ham are the ones to be really worried, Icelandic Banking Owners, 30m to find for Sheffield Unt probably the most likely to self destruct and do a leeds. Saying that we havent got a pot to p*ss in and I cant say i get any comfort from other clubs debts or problems.

Man U are only in debt because of the bizarre Glazier takeover where they borrowed against the club before owning it in order to purchase it. They have massive worldwide support bringing in lots of merchandise cash, make final stages of europe and win titles and cups every year, I''m sure they can easily service their debt, wish we could say the same for ourselves.

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[quote user="IBA"]

Anyone know of a football debt league table?[/quote]Neil Doncaster drew up this one.
  • CHAMPIONSHIP NET DEBT, 2006-7Burnley £3mCardiff City £27mCoventry City £30mDerby County £30mHull City £1mIpswich Town £33mLeicester City £14mNorwich City £18mPlymouth Argyle £3mPreston NE £6m QPR £18mSheffield Wed £28mSouthampton £19mStoke City £2mSunderland £53mWBA £4m Wolves £4m
  • Birmingham

    had net funds of £2.8million and figures from Barnsley, Colchester,

    Crystal Palace, Leeds, Luton, and Southend were not available

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    [quote user="jas the barclay king"]

    yes and all 3 are premiership sides with players they can cash in on...

    Well done City board for taking us to the verge of division 1 with no one to sell to generate funds!

    jas :)

    [/quote]

     

    Rubbish! How about an exciting jaunt into Europe and two great Championship campaigns in 15 years. What more do you want?

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    [quote user="Sold the best Kept the rest"]600 million dollars = 300milling quid!![/quote]

    Around 400 million quid actually

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    [quote user="WeAreYellows49"][quote user="jas the barclay king"]

    yes and all 3 are premiership sides with players they can cash in on...

    Well done City board for taking us to the verge of division 1 with no one to sell to generate funds!

    jas :)

    [/quote]

    Well said

    [/quote]

    I soppose we could always sell Delia''s Cafe, should get enough to buy a tin of paint

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    About midday,I had a rather frank half-hour discussion with Doncaster.(He phoned me to ask what I wanted him to do with my season-ticket after I handed it to Roger Mumby in disgust at the end of Tuesday''s AGM .I surprised myself by not giving him the obvious answer!)Anyway amongst the many NCFC topics we discussed was the loan repayment due in December for the LSE land.He admitted that if HBOS wont re-schedule the repayment we WILL go into administration!He however does expect them to do so, based on what I know.He did''nt persuade me to attend today,(I have''nt since the Derby game),but I admit the call did make a favourable impression on me even if it probably has''nt changed my views on the running of the club. After  reading the message board for a year or so,thought I would share that nugget with ya.Been a supporter since 1975 and have shed blood sweat and tears for the club since but dont think I can carry on doing so if it carries on the way it has in recent years.

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    [quote user="A change gonna come..."]About midday,I had a rather frank half-hour discussion with Doncaster.(He phoned me to ask what I wanted him to do with my season-ticket after I handed it to Roger Mumby in disgust at the end of Tuesday''s AGM .I surprised myself by not giving him the obvious answer!)

    Anyway amongst the many NCFC topics we discussed was the loan repayment due in December for the LSE land.He admitted that if HBOS wont re-schedule the repayment we WILL go into administration!He however does expect them to do so, based on what I know.

    He did''nt persuade me to attend today,(I have''nt since the Derby game),but I admit the call did make a favourable impression on me even if it probably has''nt changed my views on the running of the club.
     
    After  reading the message board for a year or so,thought I would share that nugget with ya.Been a supporter since 1975 and have shed blood sweat and tears for the club since but dont think I can carry on doing so if it carries on the way it has in recent years.
    [/quote]

    I''d be most surprised if he was as indiscreet as that. 

    You my friend are on a wind up.  Get lost.

     

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    [quote user="Potless Percy "]

    [quote user="A change gonna come..."]About midday,I had a rather frank half-hour discussion with Doncaster.(He phoned me to ask what I wanted him to do with my season-ticket after I handed it to Roger Mumby in disgust at the end of Tuesday''s AGM .I surprised myself by not giving him the obvious answer!)

    Anyway amongst the many NCFC topics we discussed was the loan repayment due in December for the LSE land.He admitted that if HBOS wont re-schedule the repayment we WILL go into administration!He however does expect them to do so, based on what I know.

    He did''nt persuade me to attend today,(I have''nt since the Derby game),but I admit the call did make a favourable impression on me even if it probably has''nt changed my views on the running of the club.
     
    After  reading the message board for a year or so,thought I would share that nugget with ya.Been a supporter since 1975 and have shed blood sweat and tears for the club since but dont think I can carry on doing so if it carries on the way it has in recent years.
    [/quote]

    I''d be most surprised if he was as indiscreet as that. 

    You my friend are on a wind up.  Get lost.

     

    [/quote]

    Or maybe he is right?[:^)]

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    [quote user="WeAreYellows49"][quote user="Potless Percy "]

    [quote user="A change gonna come..."]About midday,I had a rather frank half-hour discussion with Doncaster.(He phoned me to ask what I wanted him to do with my season-ticket after I handed it to Roger Mumby in disgust at the end of Tuesday''s AGM .I surprised myself by not giving him the obvious answer!)

    Anyway amongst the many NCFC topics we discussed was the loan repayment due in December for the LSE land.He admitted that if HBOS wont re-schedule the repayment we WILL go into administration!He however does expect them to do so, based on what I know.

    He did''nt persuade me to attend today,(I have''nt since the Derby game),but I admit the call did make a favourable impression on me even if it probably has''nt changed my views on the running of the club.
     
    After  reading the message board for a year or so,thought I would share that nugget with ya.Been a supporter since 1975 and have shed blood sweat and tears for the club since but dont think I can carry on doing so if it carries on the way it has in recent years.
    [/quote]

    I''d be most surprised if he was as indiscreet as that. 

    You my friend are on a wind up.  Get lost.

     

    [/quote]

    Or maybe he is right?[:^)]

    [/quote]

    Quite possibly . . . but straight from the horse''s mouth?  I doubt it.

     

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    Sold the best, Kept the rest........... I love your exchange rate... can you give me $2 to the £1 next time I go to the states please????

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    [quote user="Potless Percy "][quote user="WeAreYellows49"][quote user="Potless Percy "]

    [quote user="A change gonna come..."]About midday,I had a rather frank half-hour discussion with Doncaster.(He phoned me to ask what I wanted him to do with my season-ticket after I handed it to Roger Mumby in disgust at the end of Tuesday''s AGM .I surprised myself by not giving him the obvious answer!)

    Anyway amongst the many NCFC topics we discussed was the loan repayment due in December for the LSE land.He admitted that if HBOS wont re-schedule the repayment we WILL go into administration!He however does expect them to do so, based on what I know.

    He did''nt persuade me to attend today,(I have''nt since the Derby game),but I admit the call did make a favourable impression on me even if it probably has''nt changed my views on the running of the club.
     
    After  reading the message board for a year or so,thought I would share that nugget with ya.Been a supporter since 1975 and have shed blood sweat and tears for the club since but dont think I can carry on doing so if it carries on the way it has in recent years.
    [/quote]

    I''d be most surprised if he was as indiscreet as that. 

    You my friend are on a wind up.  Get lost.

     

    [/quote]

    Or maybe he is right?[:^)]

    [/quote]

    Quite possibly . . . but straight from the horse''s mouth?  I doubt it.

     

    [/quote]

    lol it''s NC related so won''t disbelieve it, with our club anything is possible [:D]

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    Best you be surprised then fella.They were his words VERBATIM.! Not interested in creating wind-ups pal, got better things to do. Please yourself if you believe it or not.It matters not to me!P.S The last part of the sentence you highligthed should have read ''based on what I don''t know''.Sorry I missed that word out which possibly puts a slightly different slant on my post.

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