When I looked afterwards (off the top of my head)

the debt reduced had by something like ?500,000. But included in that ?500,000 was the ?1,000,000 Watling legacy.

Posted By: Black Creosote Time on February 17th 2010 at 18:13:55

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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