We have no idea about the terms of our banking and financing, etc.

For all we know we may have extreme penalties if we go over our limits again. Thus, it makes perfect sense to run the business like this.

Remember we had to pay a lot back upon promotion in 2011.

Posted By: lurd on May 9th 2016 at 11:42:05

Message Thread

Good luck attracting a decent CEO and only offering football-based performance incentives (NCFC) - King, May 9, 11:20:31
- Yep, admin here we come (n/m) (NCFC) - CB41, May 9, 11:41:17
- Not "only" football based, there needs to be some balance but (NCFC) - Jim, May 9, 11:23:08
  - Very much agree Jim (NCFC) - Chopper, May 9, 11:33:40
    - Er, because it helps prevent them being reckless in order to get a big bonus (n/m) (NCFC) - South_West_Canary, May 9, 11:35:56
      - So the only alternative is to be 'reckless'?!!! (n/m) (NCFC) - Chopper, May 9, 11:37:11
        
        No, and that's why I didn't say that. (n/m) (NCFC) - South_West_Canary, May 9, 11:38:06
  - His bonus could relate to anything... (NCFC) - hoolahan, May 9, 11:29:47
  - Why not? (n/m) (NCFC) - South_West_Canary, May 9, 11:23:54
    - Because ultimately the aim of a football club has to be to succeed on (NCFC) - Jim, May 9, 11:28:12
      - What about then hedge CEO tries to do that, fails (NCFC) - South_West_Canary, May 9, 11:33:51
        
        You obviously need (NCFC) - Jim, May 9, 11:38:51
        
        How do you know he didn't go to the board to get approval? (NCFC) - hoolahan, May 9, 11:50:01
        
        We have no idea about the terms of our banking and financing, etc. (NCFC) - lurd, May 9, 11:42:05
        
        *The* not *hedge* (n/m) (NCFC) - South_West_Canary, May 9, 11:34:21
      - You don't know what players we where after etc (NCFC) - hoolahan, May 9, 11:33:18
        
        We all know roughly what players we are after but the bottom line is we (NCFC) - Jim, May 9, 11:36:22
        
        But the players identified didn't want to join (NCFC) - hoolahan, May 9, 11:45:23
        
        Yes but you do not have a scenario where one or two targets turning you down (NCFC) - Jim, May 9, 11:54:24
      - Good luck getting a CEO on those terms... (NCFC) - loz, May 9, 11:31:24
        
        So please explain. We can't pay top player wages but we pay (NCFC) - Chopper, May 9, 11:41:07
        
        Don't think I am. I bow to your greater knowledge of the content of (NCFC) - Jim, May 9, 11:32:43
        
        Of course though it all comes down to what the club's priorities are (n/m) (NCFC) - Jim, May 9, 11:33:22
        
        It's main aim is and should be to remain financially viable (n/m) (NCFC) - South_West_Canary, May 9, 11:35:00
        
        There are many different ways of being financially 'viable' a (NCFC) - Chopper, May 9, 11:42:35
- It's fair to say the average football fan has absolutely no clue as to what a CEO does or (NCFC) - lurd, May 9, 11:22:25
  - They do... log into twatter when you're totally wankered. (n/m) (NCFC) - harry boulders, May 9, 11:24:01
  - Then the average football fan shouldn't be able to call for his resignation (n/m) (NCFC) - hoolahan, May 9, 11:23:20
- Exactly. (n/m) (NCFC) - South_West_Canary, May 9, 11:20:51

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