The bridging loan was the debt wasn't it. We needed the bridging loan to
pay for the promotion bonuses and contract enhancements we had to dish out.
Yes there is a longer term issue with the fact we can;t afford to pay the sort of wages our competitors will be offering but the fundamental issue whenever we get promoted to the premier league under these owners is that we cannot invest sufficiently in players in the summer because until the premier league TV money starts to come through we have no money, and indeed in this case we had to actually incur temporary debts just to pretty much stand still.
That said I still think they were ultra conservative given you don;t pay all of transfer fees up front, the saleable assets we have and with the guaranteed income we had to come.
Posted By: Jim on January 14th 2020 at 12:33:42
Message Thread
- So now we are planning for relegation (NCFC) - Kangol Canary, Jan 14, 08:40:02
- Seems I am the only one who thinks we will hold on to most of the team if we go down (NCFC) - Timmy_Goat, Jan 14, 13:20:04
- You are not alone..... Cue in X files overdubbed backing track (n/m) (NCFC) - promethian1, Jan 14, 18:58:38
- I expect most to leave. The reason for the new contracts was.... (NCFC) - Saucerer, Jan 14, 13:56:30
- Different kettle of fish once prem clubs come calling ... (NCFC) - loz, Jan 14, 13:23:39
- How many clubs have been trying to extract Zaha from Palace? (NCFC) - Timmy_Goat, Jan 14, 13:46:22
- Zaha is playing in the prem and earning £100K a week though (NCFC) - Jim, Jan 14, 14:45:10
- The point I was trying to make was that its ultimately up to the board (NCFC) - Timmy_Goat, Jan 14, 17:57:47
- Zaha has already been to Utd as a teenager and got burnt... (NCFC) - Maillot Jaune, Jan 14, 14:30:14
- Crystal P are safe Premiership team....They can play hardball with Zaha (NCFC) - Saucerer, Jan 14, 14:14:34
- Is this a serious post? (NCFC) - mr carra, Jan 14, 14:08:41
- When Redmond stayed it wasn't the 1950s either (n/m) (NCFC) - Azteca, Jan 14, 14:18:48
- Zaha is playing in the prem and earning £100K a week though (NCFC) - Jim, Jan 14, 14:45:10
- How many clubs have been trying to extract Zaha from Palace? (NCFC) - Timmy_Goat, Jan 14, 13:46:22
- I think we will hold on to most too (NCFC) - SimonOTBC, Jan 14, 13:23:00
- Btw, off topic, you were right, ticket office came up trumps for Spurs tickets 👍 (n/m) (NCFC) - Azteca, Jan 14, 13:49:35
- Fantastic! Glad my help paid off! (n/m) (NCFC) - SimonOTBC, Jan 14, 14:26:38
- Yes, thank you very much (n/m) (NCFC) - Azteca, Jan 14, 14:30:08
- When did they contact you with the offer of a ticket? (NCFC) - SimonOTBC, Jan 14, 14:35:13
- Only yesterday afternoon - a pair of returns (n/m) (NCFC) - Azteca, Jan 14, 14:35:52
- When did they contact you with the offer of a ticket? (NCFC) - SimonOTBC, Jan 14, 14:35:13
- Yes, thank you very much (n/m) (NCFC) - Azteca, Jan 14, 14:30:08
- Fantastic! Glad my help paid off! (n/m) (NCFC) - SimonOTBC, Jan 14, 14:26:38
- Btw, off topic, you were right, ticket office came up trumps for Spurs tickets 👍 (n/m) (NCFC) - Azteca, Jan 14, 13:49:35
- jordan rhodes... (NCFC) - rosarios_school_tie, Jan 14, 12:53:36
- How would we all feel (NCFC) - Trent_Canary, Jan 14, 12:34:16
- I actually think Giroud may fit quite well to this team (NCFC) - Maillot Jaune, Jan 14, 12:42:19
- The attitude of the club to this season has been pathetic (NCFC) - Jim, Jan 14, 10:28:15
- The attitude has been realistic IMHO (NCFC) - maidstoneyellow, Jan 14, 12:05:27
- I would not be surprised if we simply break even from this campaign (NCFC) - CWC, Jan 14, 12:24:35
- Club said they expect to make an £18m profit this financial year. I assume thats (NCFC) - Jim, Jan 14, 12:30:18
- Agreed. If we go up again next season (NCFC) - Azteca, Jan 14, 12:08:31
- I would not be surprised if we simply break even from this campaign (NCFC) - CWC, Jan 14, 12:24:35
- You can argue about the approach in the summer (NCFC) - duke of york, Jan 14, 11:01:27
- Should be commended tbf (NCFC) - SCC 28, Jan 14, 10:46:38
- Don't disagree about chucking money at "prem" players now but the whole situation shows (NCFC) - Jim, Jan 14, 11:09:21
- We had to give Naismith £1m. (NCFC) - Trent_Canary, Jan 14, 12:26:42
- And I don't think it was just a cash flow issue.... (NCFC) - maidstoneyellow, Jan 14, 12:07:42
- The bridging loan was the debt wasn't it. We needed the bridging loan to (NCFC) - Jim, Jan 14, 12:33:42
- Difficult, yes (NCFC) - maidstoneyellow, Jan 14, 12:00:16
- Just because something is difficult doesn't mean it isn't worth doing (NCFC) - mr carra, Jan 14, 11:44:40
- I'm more in 'In Webber we trust camp' but I agree that this signing feels unusual. (NCFC) - norway, Jan 14, 11:15:01
- I can only assume that he was at one time a decent player and we feel that (NCFC) - Jim, Jan 14, 11:28:45
- Sadly it doesn’t seem to have been 450k. SexyB says ... (NCFC) - Old Git, Jan 14, 11:53:41
- Well I hope he means "in the round" having regard to other deals we may be doing then (NCFC) - Jim, Jan 14, 12:35:17
- The German reports suggest their are plenty of add-ons (NCFC) - Maillot Jaune, Jan 14, 12:08:15
- If he means on a permanent fee, then the most we'd spent for a while was 750k. (NCFC) - Steve in Holland, Jan 14, 11:57:16
- Webber / Farke clearly think he'll assist in (NCFC) - Azteca, Jan 14, 11:36:25
- Sadly it doesn’t seem to have been 450k. SexyB says ... (NCFC) - Old Git, Jan 14, 11:53:41
- Especially given he’s played so little in the last 4 years (n/m) (NCFC) - loz, Jan 14, 11:17:43
- Yep. I mean they must just have thought he represented (NCFC) - norway, Jan 14, 11:20:27
- Or we’ve used up all our bad luck with injuries (NCFC) - SCC 28, Jan 14, 11:31:33
- Yep. I mean they must just have thought he represented (NCFC) - norway, Jan 14, 11:20:27
- I can only assume that he was at one time a decent player and we feel that (NCFC) - Jim, Jan 14, 11:28:45
- Jim's on another of his anti-Delia tirades. Best just leave him to it. (n/m) (NCFC) - Tricky Hawes, Jan 14, 10:54:00
- Don't disagree about chucking money at "prem" players now but the whole situation shows (NCFC) - Jim, Jan 14, 11:09:21
- The attitude has been realistic IMHO (NCFC) - maidstoneyellow, Jan 14, 12:05:27
- where do people get these figures from ..£60m (NCFC) - ghostof barry butler, Jan 14, 09:35:41
- Wouldn’t you be disappointed if we sold Todd and emi for less than 60 combined .... (NCFC) - loz, Jan 14, 09:42:16
- lies , damned lies & statistics (NCFC) - ghostof barry butler, Jan 14, 13:09:48
- Statistics (NCFC) - norway, Jan 14, 13:17:15
- impressive (NCFC) - ghostof barry butler, Jan 14, 14:32:01
- Yes, we were for a couple of weeks. (NCFC) - norway, Jan 14, 15:45:19
- impressive (NCFC) - ghostof barry butler, Jan 14, 14:32:01
- Statistics (NCFC) - norway, Jan 14, 13:17:15
- I don’t think Todd is worth anything near the figures being mentioned. (NCFC) - Trent_Canary, Jan 14, 09:56:11
- He will only have 2 years left on his deal (n/m) (NCFC) - loz, Jan 14, 10:09:21
- That's a point. Hopefully get him tied down to a longer deal (NCFC) - Trent_Canary, Jan 14, 10:15:50
- Although over £15m sounds a lot... (NCFC) - SimonOTBC, Jan 14, 13:19:43
- You have to spot them in Lg 1 like Madders (n/m) (NCFC) - duke of york, Jan 14, 14:03:47
- Yes, but that’s a challenging recipe for success when in the top flight (n/m) (NCFC) - SimonOTBC, Jan 14, 14:28:15
- You have to spot them in Lg 1 like Madders (n/m) (NCFC) - duke of york, Jan 14, 14:03:47
- Although over £15m sounds a lot... (NCFC) - SimonOTBC, Jan 14, 13:19:43
- That's a point. Hopefully get him tied down to a longer deal (NCFC) - Trent_Canary, Jan 14, 10:15:50
- He will only have 2 years left on his deal (n/m) (NCFC) - loz, Jan 14, 10:09:21
- lies , damned lies & statistics (NCFC) - ghostof barry butler, Jan 14, 13:09:48
- Wouldn’t you be disappointed if we sold Todd and emi for less than 60 combined .... (NCFC) - loz, Jan 14, 09:42:16
- Maybe we wont be selling Todd and Emi (n/m) (NCFC) - Azteca, Jan 14, 09:31:26
- I’m sure we’ll have a new CB for next season, maybe even two. (NCFC) - Trent_Canary, Jan 14, 09:27:30
- I'd rather we got them now and spent the rest of the season bedding them (NCFC) - CWC, Jan 14, 10:09:17
- Probably haven't got the money yet. Need to sell first. (n/m) (NCFC) - Trent_Canary, Jan 14, 10:16:46
- I'd rather we got them now and spent the rest of the season bedding them (NCFC) - CWC, Jan 14, 10:09:17
- Just basic risk management isn’t it? (NCFC) - Steve in Holland, Jan 14, 09:20:10
- Webber has made a mess of this season though (NCFC) - Jim, Jan 14, 10:29:41
- He has that hand tied behind his back because of (NCFC) - Steve in Holland, Jan 14, 11:34:35
- Yes I agree its down to their new found wealth (NCFC) - Jim, Jan 14, 12:40:21
- sorry that said lack of wealth, not sure why spell check changed that! (n/m) (NCFC) - Jim, Jan 14, 12:41:10
- Yes I agree its down to their new found wealth (NCFC) - Jim, Jan 14, 12:40:21
- He has that hand tied behind his back because of (NCFC) - Steve in Holland, Jan 14, 11:34:35
- Webber has made a mess of this season though (NCFC) - Jim, Jan 14, 10:29:41
- Webber has said before that we always plan for every eventuality (NCFC) - strap_on sally, Jan 14, 09:13:37
- He has also mentioned several times recent interviews (NCFC) - Maillot Jaune, Jan 14, 12:57:12
- Spot on (NCFC) - Highlander, Jan 14, 12:01:12
- Would have thought we need a CB for next season anyway. (NCFC) - Tricky Hawes, Jan 14, 08:57:37
- Feels like an odd one all around as someone who has around 30 games in 4 years ... (NCFC) - loz, Jan 14, 08:50:10
- utterly baffling I agree (NCFC) - paulg, Jan 14, 10:04:33
- but maybe not as cheap wages wise? (NCFC) - Maillot Jaune, Jan 14, 12:16:09
- utterly baffling I agree (NCFC) - paulg, Jan 14, 10:04:33
- Seems I am the only one who thinks we will hold on to most of the team if we go down (NCFC) - Timmy_Goat, Jan 14, 13:20:04
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