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Yorkshire  Canary

Norwich City Debt at end of Season

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Just wondered about this, do you think the position will be better or worse than the end of last season. The wage bill must have been slashed considerably, plus we sold a few players and have spent very little. Of course money from TV will be slightly down and there was the rebale on season tickets. Whilst we must be on or arpond the £20m figure my gut feeling is that things will not have got  much worse than at the end of last season. The club say that they have planned for 2 years in this Division. It must be remembered that the lift to the championship is nothing like the lift to the premiership

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I''m hopeful, like you, that when the board says we are budgetted for 2 seasons in League 1, that means we are budgetted to afford the wages of the existing squad. So even if we fail to go up this season, we can keep the squad together, and go up next season (as we won''t hopefully have a similar start to this season). And obviously, if we can get rid of a number of fringe players, that''ll free up some money to improve the squad further, as Lambert would appear to be better judge of player than a number of our previous managers.

 

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Wait until Feb when the accounts are to be published.

Then you will be able to see/hear how much work McNally and Bowkett have had to do re refinancing to keep SS Carrow road afloat.

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[quote user="The Butler"]

Wait until Feb when the accounts are to be published.

Then you will be able to see/hear how much work McNally and Bowkett have had to do re refinancing to keep SS Carrow road afloat.

[/quote]

Exactly, hopefully they have got better financial judgement than their predecessors.

 

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The income received is pretty much known as is what si being paid on the scured debt

What is left is used to run the club ie wage bill, transfers etc

Can''t see your point or concern

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[quote user="City1st"]The income received is pretty much known as is what si being paid on the scured debt What is left is used to run the club ie wage bill, transfers etc Can''t see your point or concern[/quote]

You must be looking the other way then...

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We''re buggered...... and administration is very much on the cards.

 

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[quote user="City1st"]Facing the pitch ........... and you ?[/quote]

Is it you that scares the gulls and pigeons off the playing surface?

 

 

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