Yes but we haven't defaulted on any payments.

If deferring payments frees up some cash BUT doesn't affect our future ability to meet our commitments then why not.

They may know something we don't. Or not.

I like big buts.

Posted By: jafski on February 17th 2010 at 16:39:24

Message Thread

I'm trying to recall last summer with a bit of difficulty....Did we have it written into (NCFC) - lmc, Feb 17, 15:42:02
- even when such a clause did exist (NCFC) - jayson blair, Feb 17, 15:53:53
  - I don't particularly care what the savings were spent on, I just wanted to know if such a (NCFC) - lmc, Feb 17, 16:15:56
    - better than paying off debt? (n/m) (NCFC) - jayson blair, Feb 17, 16:22:30
      - I'd rather pay off the debt through increased revenues from being in a higher league (n/m) (NCFC) - lmc, Feb 17, 16:26:02
        
        so answer me this: (NCFC) - jayson blair, Feb 17, 16:39:30
        
        When I looked afterwards (off the top of my head) (NCFC) - Black Creosote Time, Feb 17, 18:13:55
        
        I haven't a clue. (NCFC) - lmc, Feb 17, 16:44:16
        
        because being in the Prem (NCFC) - jayson blair, Feb 17, 16:47:36
        
        But to maintain that higher income it is neccessary to invest continuosly on the pitch (n/m) (NCFC) - lmc, Feb 17, 16:49:42
        
        there are plenty of small clubs (NCFC) - jayson blair, Feb 17, 16:59:15
        
        But with respect, those clubs have bought and sold well consistently over recent years. (NCFC) - lmc, Feb 17, 17:01:40
        
        the loons were really only relevant last season (NCFC) - jayson blair, Feb 17, 17:04:41
        
        Exactly, we've bought and sold poorly which has contributed to where we now find ourselves (n/m) (NCFC) - lmc, Feb 17, 17:06:00
        
        So we invested badly in the past (NCFC) - jayson blair, Feb 17, 17:10:45
        
        There's a huge large answer to that question, however I'll condense it to this.... (NCFC) - lmc, Feb 17, 17:16:48
        
        if you replace the word (NCFC) - jayson blair, Feb 17, 17:21:11
        
        That therefore means that any purchase / new contract of a player is a gamble (which in (NCFC) - lmc, Feb 17, 17:31:11
        
        True (NCFC) - jayson blair, Feb 17, 16:37:58
        
        I don't see how you can be so sure as it has been stated numerous times that financially (NCFC) - lmc, Feb 17, 16:42:32
        
        the club have said that if promoted (NCFC) - jayson blair, Feb 17, 16:45:11
        
        Not at all, it's not been stated that won't be affordable without borrowing (n/m) (NCFC) - lmc, Feb 17, 16:47:03
        
        This is semantics (NCFC) - jayson blair, Feb 17, 16:54:14
        
        Sorry I'm confused there. (NCFC) - lmc, Feb 17, 16:59:16
        
        no no no (NCFC) - jayson blair, Feb 17, 17:03:20
        
        I'm afraid I don't see your point? With promotion comes the need to invest in the playing (NCFC) - lmc, Feb 17, 17:08:10
        
        in theory (NCFC) - jayson blair, Feb 17, 17:18:03
        
        I've given this all I've got now, I think we have to accept that life in L1 is difficult (NCFC) - lmc, Feb 17, 17:26:09
        
        now that is logical (NCFC) - jayson blair, Feb 17, 17:33:12
        
        Wage bill or overall playing budget spend? (n/m) (NCFC) - jafski, Feb 17, 16:46:42
        
        I was told *wages* (NCFC) - jayson blair, Feb 17, 16:49:01
        
        That is true. They have fudged those two figures before. (NCFC) - jafski, Feb 17, 16:53:20
        
        even if our wage bill/player budget went down by 20% it doesn't automatically mean our deb (NCFC) - Ralf Scrampton, Feb 17, 17:22:52
        
        but if the outgoings had gone done by 20 per cent (NCFC) - jayson blair, Feb 17, 16:55:00
        
        Is it any more of a problem than it was before? Do we know that? (NCFC) - jafski, Feb 17, 16:58:37
        
        Surely we can only speculate until the next set of accounts? (n/m) (NCFC) - lmc, Feb 17, 16:54:58
        
        Exactly. Unless you are *told* things. (NCFC) - jafski, Feb 17, 16:57:51
        
        McK SAID/ QUOTED / CAME FROM HIS MOUTH (NCFC) - jayson blair, Feb 17, 17:01:02
        
        BUT WHAT THIS POINTS TO (NCFC) - camcan, Feb 17, 17:26:07
        
        no idea what pushed the Turners away (NCFC) - jayson blair, Feb 17, 17:35:02
        
        above average spending on players in this league when we have above average income for thi (NCFC) - Ralf Scrampton, Feb 17, 17:46:17
        
        In the lower leagues I expect most clubs have higher outgoings than revenue, such is the (NCFC) - lmc, Feb 17, 17:04:49
      - Are we not meeting the payments on paying off our debt then? Shit. (NCFC) - jafski, Feb 17, 16:24:28
        
        well we have asked for that deferrment of payment hen-twee? (n/m) (NCFC) - Ralf Scrampton, Feb 17, 16:36:09
        
        Yes but we haven't defaulted on any payments. (NCFC) - jafski, Feb 17, 16:39:24
  - Note the recent wage-cuts imposed by (NCFC) - jayson blair, Feb 17, 16:09:50
    - But surely saving on night games is part of an internal efficiency drive. Good idea. (NCFC) - jafski, Feb 17, 16:21:29
      - thanks Bubble. (NCFC) - jayson blair, Feb 17, 16:27:48
        
        I thought we'd capped off down there. Here's good. (n/m) (NCFC) - jafski, Feb 17, 16:32:24
      - Jafski, brought to you by Tesco. (n/m) (NCFC) - lmc, Feb 17, 16:27:45
        
        Other supermarkets are available. (n/m) (NCFC) - jafski, Feb 17, 16:36:30
        
        which is why Tesco can charge for parking (NCFC) - jayson blair, Feb 17, 16:40:53
        
        Other football clubs aren't available. (NCFC) - jafski, Feb 17, 16:45:21
        
        some are cosiderably shitter than others (n/m) (NCFC) - strap_on sally, Feb 17, 16:39:27
        
        Yes. (n/m) (NCFC) - jafski, Feb 17, 16:39:52

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