The Deloitte report is in. Watch this space.

[nutty nigel 7,513]

[quote user="yellow hammer"]Joe If you had a good understanding of English football then you would know that football is not a business like any other. It works on a philanthropic model, not on a profit-making model. Owners buy into football clubs for the status that it gives them, just in the same way that race horse ownership works - a few owners do make money from horse racing, the majority do not. The past few years has seen a wave of money come into football from TV revenues and since capitalism always follow money it is not surprising that capitalist investors will try to leverage some of that cash their way. It''s the way the system works and it''s no surprise, therefore, that people like yourself will appear over the horizon looking to make a buck. I don''t blame you for that, it''s what you do. However, you are quite mistaken if you think any investors that you might introduce to the club will see a return on their investment. Sorry, I will re-phrase that a little. An investor can come in and and raise funds from the club''s assets to finance his investment. This is what the Glaziers have done. In other words, the club has actually increased its debt to finance the purchase of the shares and the investors end up owning the club on the cheap. Why do you think, to quote yourself, that no one is able to attract investment at the moment? Keith Harris - Zero Inner Circle - Zero Goldman - Zero Merrill - Zero Rothschilds - Zero Deloitte - Zero - Not even a bank!! Football is now on the downside of the money-wave. Clubs are deeply in debt, the high-spending days are over and who in their right mind would invest in a money pit? You''re five years too late, my friend. The last thing any club needs right now is an investor who is seeking to withdraw money from the club in the form of profits. What they need, and this is why they are encouraging people like Tony Fernadez, is to find investors who are in it for the fun, the kudos of owning a club. You said McNally wants someone to pay-up, shut-up and buck-up. I couldn''t have put it better myself and I respect him the more for saying so. So unless you''ve got an investor whose great-grandmother originated from our fine city and pines for all things yellow and green, I suggest you quietly shut the door on the way out. Don''t call us. We''ll call you.[/quote]

This is a great post yellow hammer but if you are saying no one wants to invest in clubs like ours I''m sure I''ve heard that somewhere before.

 

[Klobo7 0]

Joe,

Without wanting to sound like another fan launching an attack on you..Im still struggling to understand exactly what you want on here? You approached McNally, McNally told you to go to Delloittes.

So your in a bad mood because of what McNally said on the radio. Are you on here solely to try and convince us all that McNally is a big nasty man? Because if so you are preaching to the uncovertable.

I think most fans have been calling out for years for this club to have a Mr. Nasty running it, because for years other clubs have taken us for mugs.

Compared to his predecessor, Mr McNally has been a massive success. Yes we are still in debt, but this was never something that was likely to be solved over night. He has appointed the best manager we have had in a long time and the club is moving forward again after 5 years of slow decline.

If you are merely here to slate McNally and the board, I think you are wasting your time. You should have surfaced 6 months ago when Munby and Doncaster were still in charge. You might have won a few more supporters.

[morty 0]

Joe Kosich will not get a fee from Norwich City if he wants to help find

new investment.That was the message from Canaries chairman,

Alan Bowkett, after the American merchant banker claimed he had early

interest in City from Stateside investors.In a prepared

statement read out by chief executive David McNally at last night''s

fans'' forum, Bowkett said: "The American approach was by an agent who

was trying to take a fee from Norwich City, just like a football agent."We

have hired Deloitte Corporate Finance to manage our investment process

and if Mr Kosich wants a fee, he should get it from elsewhere."Deloitte

are in the process of searching for new investment into Norwich, with

the accountancy firm believed to earn payment based on the results of

that search.

[UEAstudent 0]

DT don''t come cheap.

I hope there fee is wholey dependant on results!

[wirralcanary 0]

The problem is that the club will not draw 35k/match because you don''t have the facility for it and the club is deeply in debt.  As far as Mr. Fernandes, I doubt he is your pigeon as he''s a bit too smart to take a pile of cash, place petrol on it and light a match to it.  What you''re saying is that you want a donation by some rich guy who''d like to piss away his money purely for your entertainment.  Kinda like the emerors used to do in Rome??  You''d also like that donor to deficit spend and gig deep into his pocket to fund losses..Uh Huh??

Well, if that''s what the fans want as well as the board, good luck to you. 

I guess I should have realized that management and supporters weren''t serious about righting things.  You want to locate a total sap.

 

Best,

 

Joe

[morty 0]

Yaaaaaaawn, you get more boring with every post.And copying business E-mails onto a public forum again shows your lack of professionalism.

[Beauseant 0]

Oh my God.  Large English football club upsets two man firm working out of converted residential property in Duelling Banjo land.

Shock horror and end of civilisation as we know it.

[morty 0]

[quote user="Beauseant"]

Oh my God.  Large English football club upsets two man firm working out of converted residential property in Duelling Banjo land.

Shock horror and end of civilisation as we know it.

[/quote][:D]

[lappinitup 629]

Joe. I have asked this question before but you chose to ignore it so I will try again.

Do you actually have someone interested in buying Norwich City Football Club in it''s entirety?

[blahblahblah 2]

[quote user="wirralcanary"]What you''re saying is that you want a donation by some rich guy who''d like to piss away his money purely for your entertainment.  Kinda like the emperors used to do in Rome??  You''d also like that donor to deficit spend and gig deep into his pocket to fund losses..Uh Huh??[/quote]I''d like the club to be owned by the people who support it the most, the season ticket holders.  They pay 8 million per season for an admission fee.  We''ve had directors who get onto our board (and then scarper after a year) for 2 million pounds per season.In an ideal world, wages would be manageable, and we''d all be run like Barcelona or Brentford - by the fans for the fans.And the saps'' name was Peter Cullum - if you read the papers around here. Rich men do retire and take up projects you know.  You can''t take it with you.

[stevieste 0]

Where is the office in Milwaukee, I live there so i''ve done a rudamentry local search and can not find anything about Donoch in this fine Brewing city (if you call miller fine) except for a Robert Leib out of Mequon with Leib Advisors on a Marquette PDF document.

[Beauseant 0]

[quote user="stevieste"]Where is the office in Milwaukee, I live there so i''ve done a rudamentry local search and can not find anything about Donoch in this fine Brewing city (if you call miller fine) except for a Robert Leib out of Mequon with Leib Advisors on a Marquette PDF document.[/quote]

 

Apparently there isn''t one. If you go back to page 6 of this thread, the post form dwowls is very interesting and revealing.

[stevieste 0]

crap! now my trust in has been broken, why would somboby possibly make false statments about thenselves, then come on here building all our hopes up, just for me to find out it''s all a load of pony. I wanted to go into the office for a chat.

[Woman in the Stands (WITS) 0]

[quote user="Top of the League Lass"]think its time for delia to sell up[/quote]Easier said than done.We only have to look to Man Utd, Liverpool and Portsmouth to see how not to go about selling our club. Even though Chelsea''s got a rich owner, the club''s debt is hideous.For the time being, better the devil you know...

[Klobo7 0]

As far as I know, Chelsea owe very little, because all the debts owed to Roman Abramovich were converted to shares in order to comply with UEFA''s incoming rules about being debt free to qualify for Europe

[blahblahblah 2]

[quote user="Klobo7"]As far as I know, Chelsea owe very little, because all the debts owed to Roman Abramovich were converted to shares in order to comply with UEFA''s incoming rules about being debt free to qualify for Europe[/quote]So how do Liverpool and ManUre get in ?

[Klobo7 0]

I think that rule on being debt free is supposedly coming into force within the next 2 years to give clubs a chance to sort themselves out and comply.

Chelsea needs to be debt-free to comply with future Uefa rules. Uefa''s president, Michel Platini, wants to ban clubs from the lucrative Champions League after 2012 unless they break even on football-related business.

[PurpleCanary 5,554]

[quote user="wirralcanary"]

The problem is that the club will not draw 35k/match because you don''t have the facility for it and the club is deeply in debt.  As far as Mr. Fernandes, I doubt he is your pigeon as he''s a bit too smart to take a pile of cash, place petrol on it and light a match to it.  What you''re saying is that you want a donation by some rich guy who''d like to piss away his money purely for your entertainment.  Kinda like the emerors used to do in Rome??  You''d also like that donor to deficit spend and gig deep into his pocket to fund losses..Uh Huh??

Well, if that''s what the fans want as well as the board, good luck to you. 

I guess I should have realized that management and supporters weren''t serious about righting things.  You want to locate a total sap.

 

Best,

 

Joe

[/quote]Joe, assuming you are Joe! Do you have an email address? There are still some questions about this on which I would like some more information in confidence.Regards.

[Beauseant 0]

[quote user="PurpleCanary"][quote user="wirralcanary"]

The problem is that the club will not draw 35k/match because you don''t have the facility for it and the club is deeply in debt.  As far as Mr. Fernandes, I doubt he is your pigeon as he''s a bit too smart to take a pile of cash, place petrol on it and light a match to it.  What you''re saying is that you want a donation by some rich guy who''d like to piss away his money purely for your entertainment.  Kinda like the emerors used to do in Rome??  You''d also like that donor to deficit spend and gig deep into his pocket to fund losses..Uh Huh??

Well, if that''s what the fans want as well as the board, good luck to you. 

I guess I should have realized that management and supporters weren''t serious about righting things.  You want to locate a total sap.

 

Best,

 

Joe

[/quote]

Joe, assuming you are Joe! Do you have an email address? There are still some questions about this on which I would like some more information in confidence.

Regards.

[/quote]

 

jmkosich@dornochcap.com

[Jack Barak 46]

[quote user="wirralcanary"]

The problem is that the club will not draw 35k/match because you don''t have the facility for it and the club is deeply in debt.  As far as Mr. Fernandes, I doubt he is your pigeon as he''s a bit too smart to take a pile of cash, place petrol on it and light a match to it.  What you''re saying is that you want a donation by some rich guy who''d like to piss away his money purely for your entertainment.  Kinda like the emerors used to do in Rome??  You''d also like that donor to deficit spend and gig deep into his pocket to fund losses..Uh Huh??

Well, if that''s what the fans want as well as the board, good luck to you. 

I guess I should have realized that management and supporters weren''t serious about righting things.  You want to locate a total sap.

 

Best,

 

Joe

[/quote]You Sir are a complete moron, you do not fully understand the terms you use or the correct context for them, you are clearly a wally in your Mum''s basement breaking up the surfing for porn by annoying Super Mc.

[Yellow Rose of Texas 0]

"In my analyses, the only clubs that really have a chance to succeed long-term in the Premiership in the coming years are clubs that have large facilities, large catchment areas and solid support. Given the circumstances that NCFC are in with facilities and catchment area, they probably best fit into the CCC. Over-investing in players just to get a short stint in the EPL does not make sense. Leeds will once again be a powerful long term player in the EPL due to the criteria above. Not an insult to your club but resources vs. opportunities....that''s management in its purest form. Wednesday is another club which will eventually be a long term player in the EPL along with Newcastle. Big clubs...etc."

Well Joe you are describing Division 1 pre Premiership. But now, you would need to find a (EU law legal) way to get a salary cap in place, and then see SKY payments drop. Given those then yes, revenues would follow ground capacity... and "big" clubs - like Arsenal, Tottenham, Newcastle, Leeds shoud succeed.

And if that means it takes NCFC 20 years to pay down their debt, but at the same time field a competitive team in the CCC, I''d take that...

However without a salary cap everyone is sailing off the edge of the same precipice..... new investment or no investment. Alan Sugar I think said it well. Something along the the lines of "why give us more money, we''ll only piss it all away""