Yep, at least in the last Prem season that's certainly the case
which was a strange policy for the board to be following; given how inevitable relegation is in either the short or medium term for clubs of our size.
But these owners have shown throughout the last 20 years that they are not particularly good at running the business side of the football club, and are even worse when it comes to the footballing side of it. Now they have no significant money to invest, a questionable credit rating, and a need for the fans (once again) to fund the very future of the club in the form of the academy.
And yet they also have a long term succession plan that involves handing the club on to their relatives. As Jim said; it's a community club when it suits them, but it's their own kingdom the rest of the time.
Posted By: Mecagoenti on March 9th 2018 at 10:39:29
Message Thread
- This bond malarky (NCFC) - Jim, Mar 9, 09:24:08
- yep, there's something not quite right about this (NCFC) - Mecagoenti, Mar 9, 10:10:08
- even with a good credit rating (and it's wrong to automatically assume we haven't got one) (NCFC) - Ralf Scrampton, Mar 9, 10:59:32
- damned sight cheaper than this route (NCFC) - CWC, Mar 9, 11:17:45
- good point about Tifosy's fees professional fees etc. (n/m) (NCFC) - Ralf Scrampton, Mar 9, 11:41:03
- Actually I think (NCFC) - Clairvoyant Creosote, Mar 9, 11:13:08
- oh, ok (NCFC) - Ralf Scrampton, Mar 9, 11:42:09
- damned sight cheaper than this route (NCFC) - CWC, Mar 9, 11:17:45
- Didn’t McNasty decide that all the money we made from being in the Prem (NCFC) - strap_on sally, Mar 9, 10:25:18
- Yep, at least in the last Prem season that's certainly the case (NCFC) - Mecagoenti, Mar 9, 10:39:29
- Yes ... great post this (n/m) (NCFC) - Gob on a Stick, Mar 9, 20:13:29
- This ^^^ (n/m) (NCFC) - loz, Mar 9, 10:44:19
- He did but that still doesn’t address the foulger issue... (NCFC) - loz, Mar 9, 10:33:13
- Yep, at least in the last Prem season that's certainly the case (NCFC) - Mecagoenti, Mar 9, 10:39:29
- even with a good credit rating (and it's wrong to automatically assume we haven't got one) (NCFC) - Ralf Scrampton, Mar 9, 10:59:32
- Tifosy (who they?) say (NCFC) - Clairvoyant Creosote, Mar 9, 09:44:29
- they also say they are going to flog your personal data to all and sundry (NCFC) - CWC, Mar 9, 11:30:33
- Point 2 reference the rebate means I will never invest in my club again apart from (NCFC) - berstreetsfinest, Mar 9, 09:33:38
- I agree (NCFC) - Ghost Ship Belly, Mar 9, 09:46:25
- Shocking that club haven’t been properly taken to task on this point (n/m) (NCFC) - loz, Mar 9, 09:35:16
- All valid points (n/m) (NCFC) - loz, Mar 9, 09:30:28
- Ps £3.5 million was a pittance when we were in the prem (NCFC) - Jim, Mar 9, 09:28:42
- yep, there's something not quite right about this (NCFC) - Mecagoenti, Mar 9, 10:10:08
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