as far as i understand it....
evans is better off keeping the debt in the club rather than bail it out by his own comany - - as that means taking liability into his pown personal wealth rather than "the club" - ie, he'd prefer to see the club go down the pan rather than his personal wealth and fortune/business (wise) - also, he will need a yard stick to measure the success of the board/manager - - and as we know football isnt all about points, its about wealth as well.... he pays a managment team decent salaries to improve the financial performance (directly related to on-field performance) - so would be mad to "wipe the slate clean!" - these things normally only happen in a hostile take-over when the bidding company are held to ransom to buy the club....
Posted By: Cheltenham_Canary on December 6th 2013 at 09:39:20
Message Thread
- Just the ?82 million in debt then?nice! ... (NCFC) - Upperjarroldmiddle, Dec 6, 08:52:28
- "while commercial income also dropped slightly from ?4.688 million to ?4.153 million." (NCFC) - usacanary, Dec 6, 14:12:58
- The debt is unlikely to come down until the club is in the Premier League: (NCFC) - Elmham Yellow, Dec 6, 12:29:38
- It could have been us....it could have beeeen usssss, oh Norwich City, it could have been (NCFC) - BSE Canary, Dec 6, 09:40:06
- It is all within the Evans group though, which is a shame. (n/m) (NCFC) - Thegelman, Dec 6, 09:00:15
- This is very interesting stuff, not just as it's 1p5wich but for all UK clubs (NCFC) - BSE Canary, Dec 6, 09:32:53
- as far as i understand it.... (NCFC) - Cheltenham_Canary, Dec 6, 09:39:20
- No one is every going to buy him out are they? he's stuck with it then (n/m) (NCFC) - BSE Canary, Dec 6, 09:41:49
- as far as i understand it.... (NCFC) - Cheltenham_Canary, Dec 6, 09:39:20
- This is very interesting stuff, not just as it's 1p5wich but for all UK clubs (NCFC) - BSE Canary, Dec 6, 09:32:53
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