McNally

[Rastaman 0]

[quote user="nutty nigel"][quote user="The Butler"][quote user="nutty nigel"][quote user="BlyBlyBabes"][

 

Chairmen have come and gone 

Boards have come and gone

Chief Executives have come and gone.

Managers have come and gone.

Coaches have come and gone.

Players have come and gone.

Kitmen have come and gone.

But the owners have remained the same.

Your Harry Truman must be turning in his grave because at NCFC the buck evidently does not stop at the top.

OTBC

[/quote]

This of course is a lie. The current owners took over the club nearly five years after that league table and we had already spent nearly three seasons in the Second Division and were at the time fighting relegation to the third.

 

[/quote]

For those who would like the facts here they are:-

In 1992–93, the inaugural season of the English Premier League, Norwich City led the league for most of the season, before faltering in the final weeks to finish third behind the champions, Manchester United, and Aston Villa F.C.. The following season Norwich played in the UEFA Cup for the first time, defeating Vitesse Arnhem of the Netherlands, and Bayern Munich of Germany, before going down to Inter Milan, 2–0, over two legs.

Mike Walker quit as Norwich City manager in January 1994, to take charge of Everton where he would be sacked after less than a year. He was replaced by 36-year-old first team coach John Deehan, who in his new role would be assisted by 34-year-old midfielder Gary Megson. Norwich City finished the 1993-94 season 12th in the Premier League and during the 1994 close season sold 21-year-old striker Chris Sutton to Blackburn Rovers for a then British record fee of £5 million.

By christmas 1994, Norwich City were seventh in the Premiership and looked good bets for a UEFA Cup place. But the club went into freefall and won just one of their final 20 Premiership fixtures, plummeting to 20th place and relegation in the final table. Just before relegation was confirmed, Deehan resigned as manager and his assistant Megson took over until the end of the season.

Martin O''Neill, who had taken Wycombe Wanderers from the Conference to Division Two with successive promotions, was appointed as Norwich City manager in the summer of 1995. He lasted just six months in the job before moving to Leicester City, and Gary Megson was appointed Norwich manager for the second time in eight months - on a temporary basis. Megson remained in charge until the end of the season before leaving the club, while chairman Robert Chase also stepped down after protests from supporters who complained that he kept selling the club''s best players and was to blame for their relegation. Indeed, between 1992 and 1996 Norwich offloaded key players including Robert Fleck, Jeremy Goss, Chris Sutton, Tim Sherwood, Efan Ekoku and Mark Bowen. Just four seasons after finishing third in the Premiership and beating Bayern Munich in the UEFA Cup, Norwich had finished 15th in Division One.

T.V. cook Delia Smith and husband Michael Wynn-Jones took over the majority of Norwich City''s shares, and Mike Walker was re-appointed as the club''s manager. But he was unable to repeat the success achieved during his first spell, and quit two seasons later with Norwich languishing around the middle of Division One. His successor Bruce Rioch lasted two seasons and departed in the summer of 2000, with promotion still yet to be achieved. Rioch''s successor Bryan Hamilton lasted in the job for six months before making way for assistant manager Nigel Worthington.

When Nigel Worthington took over as Norwich City manager in January 2001, the club was 20th in Division One and in real danger of sliding into the bottom half of the league for the first time since the 1960''s. But just 18 months later, Norwich qualified for the Division One playoff final and only a defeat on penalties against Birmingham City prevented them from gaining promotion to the Premiership. Norwich just missed out on the playoffs in 2002-03 but were crowned Division One champions at the end of the 2003-04 season. After nine years and six managers,

So not as Bly or Nutty states.

[/quote]

This is simply not true. Geoffrey Watling brought Chases shares. Martin Armstrong and Watling appointed Mike Walker as manager. Smith & Jones then joined the board in return for a couple of mil in a similar way to the Turners did a few years ago. It wasn''t until 18 months later that he sold the lot to Smith and Jones. By that time we were well into our third season in Division Two and looking extremely likely to be relegated to Division Three.

 

[/quote]

 

Who Cares!!! The only debate that should be happening at the moment is how many INFLATABLES we can get to SAARRFFEnd

[PurpleCanary 5,554]

[quote user="Mr.Carrow"]

e., Our faultless majority shareholders were saying as recently as a few months ago "No-one is interested in investing in football clubs", now it`s "The majority of football clubs have wealthy benefactors"- which is it?  Incidently, given that the whole "Wealthy benefactor" thing is quite new, how do you think football clubs survived before they turned up?

[/quote]Without getting involved in most of this argument, those two statements are not mutually exclusive, because the "No-one is interested..." comment was very recent (the Caps'' AGM?), aimed at explaining why Harris had not found anyone to invest since being told to find majority/minority investment a year ago.The chronology is this:Football clubs have always tended, by definition, to be owned by rich people. Some years ago, in the boom time, clubs became very fashionable acquisitions for the super-rich, these "wealthy benefactors", which is why it is true to say many clubs have them.However, by the time Norwich was put on the block the economic climate had changed dramatically, and these super-rich were much less interested in spending their money that way. Which is why the "No-one is interested..." comment is now true, or at least mainly true. There are examples of clubs that have found majority/minority investment (Plymouth for one, Brum as well), but others have not. WBA has effectively been up for sale for longer than NCFC. Charlton ditto. Palace ditto. Sheffield Wednesday ditto. Glasgow Rangers also up for sale. No takers. West Ham ditto.

[blahblahblah 2]

[quote user="Mr. Carrow"]I would fund the football club how it was funded before the disastrous

infrastructure "obsession" kicked in when we made a profit the majority

of years.[/quote]Unless you were spectacularly lucky with sales of youth players, you wouldn''t be able to do this, at least not any higher than league 1 for any length of time - the economic environment to allow you to do this ceased to exist 5-10 years ago.  Player trading and TV money were the main sources of income. 

• Player trading income has been decimated by players running their contracts down before getting a Bosman / free transfer. 

• A look at any transfers list over the last 5 years will show that the vast majority of transfers are loans or frees. 

• Wage inflation has also turned Premiership and Championship teams into basket cases. 

As nutty has pointed out, the money no longer stays in the game in transfer fees, it goes into the players and their agents'' back pockets.

[T 190]

1.9m is irrelevant - it is a theoretical figure not an actual figure.

You have to compare total costs and revenues not staff costs as NCFC insource rather than outsource a lot of its activities. Preston are loss making and funded by player sales and their benefactor so what is your point.

If we didn''t have the debt we would not have the stands. As the stands are full these make sense so you appear to be advocating that we should not have built the stands.

Peopele are interested in owning a football club as a hobby. NCFC suffers from being in the middle of nowhere and the lack of extremely wealthy individuals in the area interested in funding a football club. The fifth richest people in the region bailed out.  And no one has expressed an interest in buying the existing shreholders out. 

If you take away the money from the shareholders and the money from the off-field activities that we will forever be a league one club. You are totally ignoring the advent of Sky and wealthy benefactors subsidising the game. The existing shareholders and the new executive management have subsequently said we need 20m cash injection to get to the premiership. I have given my credentials which Tangie has acknowledged. What are your crdentials for saying that that you know more than the owners, the new executive mgmt and Peter Cullum?. Pleae explain why  Hull, Burley and Stoke made hugh losses to get to the premiership? You are living in the past I''m afraid.

I would not strip the team but I would be very aware that every team is not suffeciently funded by the fans but off-field activities, selling players and benefactors. Don''t forget Sheff U and Burnley are funded by property deals so why don''t you use them as your examples rather than Preston? That would not fit in with yout limited outdated world view would it though.

[The Butler 0]

[quote user="nutty nigel"][quote user="The Butler"][quote user="nutty nigel"][quote user="BlyBlyBabes"][

 

Chairmen have come and gone 

Boards have come and gone

Chief Executives have come and gone.

Managers have come and gone.

Coaches have come and gone.

Players have come and gone.

Kitmen have come and gone.

But the owners have remained the same.

Your Harry Truman must be turning in his grave because at NCFC the buck evidently does not stop at the top.

OTBC

[/quote]

This of course is a lie. The current owners took over the club nearly five years after that league table and we had already spent nearly three seasons in the Second Division and were at the time fighting relegation to the third.

 

[/quote]

For those who would like the facts here they are:-

In 1992–93, the inaugural season of the English Premier League, Norwich City led the league for most of the season, before faltering in the final weeks to finish third behind the champions, Manchester United, and Aston Villa F.C.. The following season Norwich played in the UEFA Cup for the first time, defeating Vitesse Arnhem of the Netherlands, and Bayern Munich of Germany, before going down to Inter Milan, 2–0, over two legs.

Mike Walker quit as Norwich City manager in January 1994, to take charge of Everton where he would be sacked after less than a year. He was replaced by 36-year-old first team coach John Deehan, who in his new role would be assisted by 34-year-old midfielder Gary Megson. Norwich City finished the 1993-94 season 12th in the Premier League and during the 1994 close season sold 21-year-old striker Chris Sutton to Blackburn Rovers for a then British record fee of £5 million.

By christmas 1994, Norwich City were seventh in the Premiership and looked good bets for a UEFA Cup place. But the club went into freefall and won just one of their final 20 Premiership fixtures, plummeting to 20th place and relegation in the final table. Just before relegation was confirmed, Deehan resigned as manager and his assistant Megson took over until the end of the season.

Martin O''Neill, who had taken Wycombe Wanderers from the Conference to Division Two with successive promotions, was appointed as Norwich City manager in the summer of 1995. He lasted just six months in the job before moving to Leicester City, and Gary Megson was appointed Norwich manager for the second time in eight months - on a temporary basis. Megson remained in charge until the end of the season before leaving the club, while chairman Robert Chase also stepped down after protests from supporters who complained that he kept selling the club''s best players and was to blame for their relegation. Indeed, between 1992 and 1996 Norwich offloaded key players including Robert Fleck, Jeremy Goss, Chris Sutton, Tim Sherwood, Efan Ekoku and Mark Bowen. Just four seasons after finishing third in the Premiership and beating Bayern Munich in the UEFA Cup, Norwich had finished 15th in Division One.

T.V. cook Delia Smith and husband Michael Wynn-Jones took over the majority of Norwich City''s shares, and Mike Walker was re-appointed as the club''s manager. But he was unable to repeat the success achieved during his first spell, and quit two seasons later with Norwich languishing around the middle of Division One. His successor Bruce Rioch lasted two seasons and departed in the summer of 2000, with promotion still yet to be achieved. Rioch''s successor Bryan Hamilton lasted in the job for six months before making way for assistant manager Nigel Worthington.

When Nigel Worthington took over as Norwich City manager in January 2001, the club was 20th in Division One and in real danger of sliding into the bottom half of the league for the first time since the 1960''s. But just 18 months later, Norwich qualified for the Division One playoff final and only a defeat on penalties against Birmingham City prevented them from gaining promotion to the Premiership. Norwich just missed out on the playoffs in 2002-03 but were crowned Division One champions at the end of the 2003-04 season. After nine years and six managers,

So not as Bly or Nutty states.

[/quote]

This is simply not true. Geoffrey Watling brought Chases shares. Martin Armstrong and Watling appointed Mike Walker as manager. Smith & Jones then joined the board in return for a couple of mil in a similar way to the Turners did a few years ago. It wasn''t until 18 months later that he sold the lot to Smith and Jones. By that time we were well into our third season in Division Two and looking extremely likely to be relegated to Division Three.

 

[/quote]

Ok you rewrite history your way. Yes they bought the shares via Watling but the timing is still right.

Do you want me to point you at the clubs well documeneted history?

I believe your  knowledge of events is all heresay  Nutty or were you involved?

Relying on second /third hand information from the press is not a good policy as you well know.

But I will leave it now. My simple statement of belief in McNally has spawned too much for my liking so at this stage I am bailing out.

You can now say what you like about what happened and I will not bother to try and change it.

After all you are the pinkun websites oracle arn''t you.[:D]

[blahblahblah 2]

In what capacity were you there, Mr Butler ?

[nutty nigel 7,509]

[quote user="The Butler"][quote user="nutty nigel"][quote user="The Butler"][quote user="nutty nigel"][quote user="BlyBlyBabes"][

 

Chairmen have come and gone 

Boards have come and gone

Chief Executives have come and gone.

Managers have come and gone.

Coaches have come and gone.

Players have come and gone.

Kitmen have come and gone.

But the owners have remained the same.

Your Harry Truman must be turning in his grave because at NCFC the buck evidently does not stop at the top.

OTBC

[/quote]

This of course is a lie. The current owners took over the club nearly five years after that league table and we had already spent nearly three seasons in the Second Division and were at the time fighting relegation to the third.

 

[/quote]

For those who would like the facts here they are:-

In 1992–93, the inaugural season of the English Premier League, Norwich City led the league for most of the season, before faltering in the final weeks to finish third behind the champions, Manchester United, and Aston Villa F.C.. The following season Norwich played in the UEFA Cup for the first time, defeating Vitesse Arnhem of the Netherlands, and Bayern Munich of Germany, before going down to Inter Milan, 2–0, over two legs.

Mike Walker quit as Norwich City manager in January 1994, to take charge of Everton where he would be sacked after less than a year. He was replaced by 36-year-old first team coach John Deehan, who in his new role would be assisted by 34-year-old midfielder Gary Megson. Norwich City finished the 1993-94 season 12th in the Premier League and during the 1994 close season sold 21-year-old striker Chris Sutton to Blackburn Rovers for a then British record fee of £5 million.

By christmas 1994, Norwich City were seventh in the Premiership and looked good bets for a UEFA Cup place. But the club went into freefall and won just one of their final 20 Premiership fixtures, plummeting to 20th place and relegation in the final table. Just before relegation was confirmed, Deehan resigned as manager and his assistant Megson took over until the end of the season.

Martin O''Neill, who had taken Wycombe Wanderers from the Conference to Division Two with successive promotions, was appointed as Norwich City manager in the summer of 1995. He lasted just six months in the job before moving to Leicester City, and Gary Megson was appointed Norwich manager for the second time in eight months - on a temporary basis. Megson remained in charge until the end of the season before leaving the club, while chairman Robert Chase also stepped down after protests from supporters who complained that he kept selling the club''s best players and was to blame for their relegation. Indeed, between 1992 and 1996 Norwich offloaded key players including Robert Fleck, Jeremy Goss, Chris Sutton, Tim Sherwood, Efan Ekoku and Mark Bowen. Just four seasons after finishing third in the Premiership and beating Bayern Munich in the UEFA Cup, Norwich had finished 15th in Division One.

T.V. cook Delia Smith and husband Michael Wynn-Jones took over the majority of Norwich City''s shares, and Mike Walker was re-appointed as the club''s manager. But he was unable to repeat the success achieved during his first spell, and quit two seasons later with Norwich languishing around the middle of Division One. His successor Bruce Rioch lasted two seasons and departed in the summer of 2000, with promotion still yet to be achieved. Rioch''s successor Bryan Hamilton lasted in the job for six months before making way for assistant manager Nigel Worthington.

When Nigel Worthington took over as Norwich City manager in January 2001, the club was 20th in Division One and in real danger of sliding into the bottom half of the league for the first time since the 1960''s. But just 18 months later, Norwich qualified for the Division One playoff final and only a defeat on penalties against Birmingham City prevented them from gaining promotion to the Premiership. Norwich just missed out on the playoffs in 2002-03 but were crowned Division One champions at the end of the 2003-04 season. After nine years and six managers,

So not as Bly or Nutty states.

[/quote]

This is simply not true. Geoffrey Watling brought Chases shares. Martin Armstrong and Watling appointed Mike Walker as manager. Smith & Jones then joined the board in return for a couple of mil in a similar way to the Turners did a few years ago. It wasn''t until 18 months later that he sold the lot to Smith and Jones. By that time we were well into our third season in Division Two and looking extremely likely to be relegated to Division Three.

 

[/quote]

Ok you rewrite history your way. Yes they bought the shares via Watling but the timing is still right.

Do you want me to point you at the clubs well documeneted history?

I believe your  knowledge of events is all heresay  Nutty or were you involved?

Relying on second /third hand information from the press is not a good policy as you well know.

But I will leave it now. My simple statement of belief in McNally has spawned too much for my liking so at this stage I am bailing out.

You can now say what you like about what happened and I will not bother to try and change it.

After all you are the pinkun websites oracle arn''t you.[:D]

[/quote]

Make something up. Quote untruths, and then accuse me of rewriting history. Are all the AGM''s of that time a sham? Are all the statements from Watling, Bennett lies? From where did you copy and paste your version above? If I am wrong then surely you have a duty to tell me. Because I firmly believe the official club version of our history.

 

[The Butler 0]

[quote user="blahblahblah"]In what capacity were you there, Mr Butler ?
[/quote]

Still partnering Doris I see Elsie.

[The Butler 0]

Delia became a director in 1996,  I think that matches don''t you?

Other than Delias part is anything else in that history wrong?

[blahblahblah 2]

[quote user="The Butler"]

[quote user="blahblahblah"]In what capacity were you there, Mr Butler ? [/quote]

Still partnering Doris I see Elsie.

[/quote]Why allude to your role if you don''t want to say more ?

[The Butler 0]

[quote user="blahblahblah"][quote user="The Butler"]

[quote user="blahblahblah"]In what capacity were you there, Mr Butler ?
[/quote]

Still partnering Doris I see Elsie.

[/quote]

Why allude to your role if you don''t want to say more ?
[/quote]

I have not alluded to any role.

I just questioned Nuttys role.

Don''t try and attribute statements to me I haven''t made Blah.

I make enough trouble for myself without your help thank you[:D]

 

[blahblahblah 2]

[quote user="The Butler"][quote user="blahblahblah"][quote user="The Butler"]

[quote user="blahblahblah"]In what capacity were you there, Mr Butler ? [/quote]

Still partnering Doris I see Elsie.

[/quote]Why allude to your role if you don''t want to say more ?[/quote]

I have not alluded to any role.

I just questioned Nuttys role.

Don''t try and attribute statements to me I haven''t made Blah.

I make enough trouble for myself without your help thank you[:D]

 

[/quote]You said, and I quote, "I know, because I was there."  Where were you ?  Come on Butler, Let''s be having you... [;)]

[nutty nigel 7,509]

[quote user="The Butler"]

Delia became a director in 1996,  I think that matches don''t you?

Other than Delias part is anything else in that history wrong?

[/quote]

Delia and MWJ were offered a place on the board in the summer of 1996 in return for .5m each I believe. Watling didn''t sell his majority shareholding until 18 months later. These are the facts. And this is what I said all along. When questioned about his majority shareholding Watling said he was "happy with it" Thats another fact. I can only conclude he was happy to sell up to Smith & Jones in December ''97 too. What part of this do either you or Bly dispute?

 

 

[The Butler 0]

[quote user="nutty nigel"][quote user="The Butler"]

Delia became a director in 1996,  I think that matches don''t you?

Other than Delias part is anything else in that history wrong?

[/quote]

Delia and MWJ were offered a place on the board in the summer of 1996 in return for .5m each I believe. Watling didn''t sell his majority shareholding until 18 months later. These are the facts. And this is what I said all along. When questioned about his majority shareholding Watling said he was "happy with it" Thats another fact. I can only conclude he was happy to sell up to Smith & Jones in December ''97 too. What part of this do either you or Bly dispute?

 

 

[/quote]

My information on that time is well documented Nutty. I am not going to repeat it.

So DS/MWJ were on the board from 1996 fact. I don''t and have NEVER disputed it. You were saying she was not involved until later.

Chase left in 96 DS went onto the board in 96 what part of that do you dispute?

GW was very happy to sell what had already been bought!

You will never believe it as you have said many times so I am wasting my time.

Have a good day Nutty.

[The Butler 0]

[quote user="blahblahblah"][quote user="The Butler"][quote user="blahblahblah"][quote user="The Butler"]

[quote user="blahblahblah"]In what capacity were you there, Mr Butler ?
[/quote]

Still partnering Doris I see Elsie.

[/quote]

Why allude to your role if you don''t want to say more ?
[/quote]

I have not alluded to any role.

I just questioned Nuttys role.

Don''t try and attribute statements to me I haven''t made Blah.

I make enough trouble for myself without your help thank you[:D]

 

[/quote]

You said, and I quote, "I know, because I was there."  Where were you ?  Come on Butler, Let''s be having you... [;)]
[/quote]

Can''t find that quote Blah, must have been having a senior moment.

[Mr.Carrow 376]

[quote user="Mr.Carrow"]

T,

a., The £8.5m was in reference to LAST season and we don`t yet have the accounts for that.  Now address my point about `07-`08.

b., So again, are you saying it`s better to be a club with £19m turnover but non-player wage costs of £17m than a club with £8.5m turnover and non-player wage costs of £4m?  You think it`s better to be a football club with less to spend on football?!

c., If you want to do a detailed comparison with those clubs as we have with Preston, let`s see it.

d., Clubs have gone into administration because of debts for infrastructure.  Players can be sold and the wage bill cut to the bone- you cannot do that with enormous debts for stands which are not filled and useless land and roads.  You actually defeat your own argument by saying you can`t get a bank loan for players.

e., Our faultless majority shareholders were saying as recently as a few months ago "No-one is interested in investing in football clubs", now it`s "The majority of football clubs have wealthy benefactors"- which is it?  Incidently, given that the whole "Wealthy benefactor" thing is quite new, how do you think football clubs survived before they turned up?

f., Proves my point that debt for infrastructure sends clubs into administration.  Thanks!

g., I would fund the football club how it was funded before the disastrous infrastructure "obsession" kicked in when we made a profit the majority of years.

h., Grow up.

i.,  So there you have it.  T proposes asset-stripping our team, bringing in freebies on not more than 1k per week and buying land.  What effect do you think that will have on the team and our chances of a promotion worth a good £3m T?  Once we have made a profit from the land, would it not be sensible to buy more land and roads rather than wasting it on football players?

[/quote]

So as per usual T, you respond to my questions with a bunch of platitudes and generalisations.  Answer the questions.

As for Sheff.Utd and Burnley being funded by land deals- evidence please?  I know Sheff.Utd bought land, i haven`t seen anywhere that they have sold any.  Burnley FC have not been buying and selling land- that is a lie.

[blahblahblah 2]

[quote user="The Butler"][quote user="blahblahblah"][quote user="The Butler"][quote user="blahblahblah"][quote user="The Butler"]

[quote user="blahblahblah"]In what capacity were you there, Mr Butler ? [/quote]

Still partnering Doris I see Elsie.

[/quote]Why allude to your role if you don''t want to say more ?[/quote]

I have not alluded to any role.

I just questioned Nuttys role.

Don''t try and attribute statements to me I haven''t made Blah.

I make enough trouble for myself without your help thank you[:D]

 

[/quote]You said, and I quote, "I know, because I was there."  Where were you ?  Come on Butler, Let''s be having you... [;)][/quote]

Can''t find that quote Blah, must have been having a senior moment.

[/quote]Actually, I can''t find it either - I guess the senior moment was mine !

[Mr.Carrow 376]

[quote user="nutty nigel"]

[quote user="Mr.Carrow"]

I count four question marks in my post, none of which have been answered.  I`ll answer your questions when you address mine.[/quote]

Question mark1&2) I thought I had answered this as best I could. But I can''t possibly answer why you assume we shouldn''t be curious as to why. All I''d say is that your comment about the "odd player sale" is spin at best. I listed a lot of those sales and they amount to millions and millions of pounds. I also listed a couple of million on sell ons that I remember but their could be more. There was also a share rights issue. But without knowing what income those 16k gates were supposed to bring in against what costs they were meant to break even there''s nothing more I can say.

Question mark3) I could answer that if I knew what these non-player wage costs were. Are they wages or costs. Where can I find them. As with all costs I guess they have to be measured against the relevant income to paint a true picture. Without knowing anymore about these non-playing wage costs this is the best I can do.

Question mark 4) I don''t agree with your proposal. I am heartened to hear that money from any transfers will go straight back to Lambert. But I''m sceptical about it because I''ve "heard it all before". Which is where I came into this thread on page one.

 

[/quote]

Let`s see some evidence of your player sales and sell-on fees nutty.  I`m sorry but your memory has proved suspect....

On the 16k gates, you are deliberately misunderstanding or confusing the issue.  If i say i can generally cover my basic living expenses (bills,food etc.) on £150 a week then i have weighed my general costs against my income- and we were told we could generally break even with 16k gates.  In `08 we wouldn`t have broken even with 40k gates.  Why do you think that is?  And let me remind you the cost of the team after transfer profit was £3.3m.

Question 3. Look at P.9 of the `06 accounts.  Are you not concerned that we had non-player wage costs of £9m in `02 leaving £6m of our revenue available for the team, but that in `08 we had non-player wage costs of £17m leaving £1.9m available for the team?  Can you please explain how that shows our infrastructure spend increasing the amount available to be invested in the team?

Q.4.  Oh i see, so an obsession with infrastructure has been fine up till now and hasn`t adversely affected the team but nontheless you`ve decided you don`t want it to continue......Handy that.  Poor old T will be disappointed his right-hand man has forsaken him- he even proposed you as our supporter on the board!

[T 190]

I''ve answered your questions. You just choose to select irrelevant and incomparable data like as politician in your desparate attempt to come up with a bizarre case that you are right but as you say you ignore the overall picture becausue it does not suit you.

Burnley''s promotion was funded by a rich property developer. It was not funded by fans or on-field activities that is for sure. So as in raising the Preston example you are jsut proving yourslef wrong to everyone- I''m afraid you are living in the past and in complete denial of the realities if you think the fan''s funding is enough. It seems that you are happy to stay in the  third division as that is your stated funding policy. In fact if we closed the profitable off-field activities we would be even worse off. You clearly have no understanding of business or finance but fortunately that does not matter as the directors do.

[Tangible Fixed Assets anyone? 0]

From the Is the Board willing and able thread, a post made on the 24/11/09 at 4.59pm.

 

 

T stated: '' I do not know of a single plc in the UK where the CEO is not on the Board of directors. Need I go on.''

-----------------------------------------

Tangible Fixed Assets stated:

''You obviously don''t  know the recent history of NCFC. Plc.  As Neil Doncaster was Chief Executive of NCFC Plc. for at least two and half years before being appointed to the board of NCFC. Plc.''

 

''Source: He signed off the Chief Executive report of the NCFC. Annual Report for the year ended 31st May 2003 (pages 3 and 4) on the 1st December 2003.  On page 13 of the NCFC. Annual Report for the year ended 31st. May 2007, it shows that Neil Doncaster was appointed to the NCFC Plc. board on the 5th June 2006.''  

----------------------------------------------------

Lets remind people what I said to T earlier:

You have failed to grasp that NCFC Plc. is a small company and therefore like other small companies may not follow the norm of much bigger companies. Lets face it you have been found wanting when you stated that you didn''t know of any other Plc. that did not have their CEO''s on the board because NCFC Plc in its past has not immediately appointed the CEO to the Plc board. 

 

[blahblahblah 2]

My Eyes, My Eyes !!!!!!!11!!!!!one!!!!!!eleven!!!!!!onehundredandonetyone!!!!!!!!!!!

[Tangible Fixed Assets anyone? 0]

Re: Is the NCFC board ready, willing and able?

And from an earlier post Tangy made: You are so predictable at swerving away from the issue. The issue was the difference between NCFC''s   COST BASE and Preston''s COST BASE. Revenues and how the funding gaps of each club is funded is a different issue. As I have said before the near £10m. gap in the COST BASE can be partly accountable by the catering operation at Carrow Rd. and we pay our players more but that still leaves a sizeable difference to be explained. Even more so given that Preston are able to compete at the upper end of the Championship and we are in Division 3 (old money) for the first time in fifty years."   And the start of T''s response: ''1. I''ve always said that Tangie has a valid question''     But as a committee member of NCISA. I am suppose to have no business or finance knowledge!

[Tangible Fixed Assets anyone? 0]

T stated: ''I proved the examples using figures from Tangie....... The off-field activities are profitable per the accounts.''   ---------------------------------------- Please explain to the readers of this bb. how the purchase of the ex LSE land and ex Norwich City Council land are currently profitable on an annual basis?   Add half the last arrangement fee (for rolling over the £2.5m loan in December 2008 and its due for repayment in December 2010) to the annual interest bill and its probably costing £300k a year for exactly what? Its not entertaining,  Its just a drain on the clubs resources.

[blahblahblah 2]

Dear Web Team PetePlease can we remove all font sizes above, ooh, let''s see, 4 ?Yep, 4 looks about right to me.Many ThanksBlahPS - I''m looking forward to Tangies'' books in Braille - I assume they will be written using a pick axe ?

[Tangible Fixed Assets anyone? 0]

[quote user="blahblahblah"]

PS - I''m looking forward to Tangies'' books in Braille - I assume they will be written using a pick axe ?
[/quote]

Lol!

[Tangible Fixed Assets anyone? 0]

Re: Is the NCFC board ready, willing and able

With reference to a post made on the 17/11/09 at 11:13am. on this thread.  T wrote: 4. .............................................. The new Chairman and CEO have more aggressive business backgrounds and I have no dount that they are making the redundancies at NCFC  that the NCISA committee member advocates.   But as a committee member of NCISA. I am suppose to have no business or finance knowledge!

[morty 0]

You people wan''t to calm down before someone soils themself.

[morty 0]

You people want to calm down before someone soils themself.

[blahblahblah 2]

[quote user="morty"]You people want to calm down before someone soils themself.[/quote]Too late.NURSE !

[lappinitup 629]

Tangy wrote........

"Please explain to the readers of this bb. how the purchase of the ex LSE land and ex Norwich City Council land are currently profitable on an annual basis? Add half the last arrangement fee (for rolling over the £2.5m loan in December 2008 and its due for repayment in December 2010) to the annual interest bill and its probably costing £300k a year for exactly what? Its not entertaining,  Its just a drain on the clubs resources."

So, do you think they should sell now or wait until prices recover?