Apologies I thought it was £25m, that must be out of date or perhaps thats with the
£8m that Evans chucks at them which is why I got the figures wrong.
Commercially the club is in decent shape in terms of the extra revenues we can generate.
What is worrying though is that the accounts how that even with a wage bill cut drastically, we would have made a big loss and had to sell players. Its a reasonably clear indication of what life would be like for us again in the future without parachute payments and no owner picking up the tab and plugging the gap. Hopefully that is a long way off! I'm not sure if we would get 2 or 3 years off parachute payments if we went down this time?
Posted By: Jim on November 5th 2019 at 11:07:40
Message Thread
- It's looking likely that as a self funded club we will probably go down. (NCFC) - Trent_Canary, Nov 5, 09:34:34
- Our turnover as a championship club without parachute payments was just under £34m (NCFC) - Jim, Nov 5, 10:38:57
- get a grip lad - Ipswich turnover is just 17m (NCFC) - Henclrikus, Nov 5, 10:51:48
- Apologies I thought it was £25m, that must be out of date or perhaps thats with the (NCFC) - Jim, Nov 5, 11:07:40
- PS no wonder Portman Road is such a dive. We have more non footbal operating expenses than (NCFC) - Jim, Nov 5, 11:17:55
- 2 seasons of parachute payments if only up for one season (NCFC) - SimonOTBC, Nov 5, 11:17:39
- Apologies I thought it was £25m, that must be out of date or perhaps thats with the (NCFC) - Jim, Nov 5, 11:07:40
- On the flipside if we stayed down and crowds were to drop that turnover would (NCFC) - Jim, Nov 5, 10:39:32
- get a grip lad - Ipswich turnover is just 17m (NCFC) - Henclrikus, Nov 5, 10:51:48
- Stoke are at the bottom of the Championship with the most valued (NCFC) - strap_on sally, Nov 5, 09:48:58
- Depends what other clubs do, presumably (NCFC) - Tricky Hawes, Nov 5, 09:37:52
- Our turnover as a championship club without parachute payments was just under £34m (NCFC) - Jim, Nov 5, 10:38:57
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