a £12m loss from a third (?) of a season lost, we'll lose more of this season

we may have a full season lost this time.

And we possibly may have deferred losses to cover. I know first hand that in other sports, sponsors took some significant hits last season, wanting to keep the relationship going for this one (and deals were done to compensate them with more rights for this season). But if it's another blank season for attendances, many are going to have a very different view on whether they want their money back or not.

If I was the NCFC FD, I'd be working on the assumption that we will need to cover an even bigger covid loss than last season, and not sanctioning big money spending. It's simply not worth taking the risk with our financial model.

Posted By: CWC on October 16th 2020 at 15:41:10

Message Thread

Is it not a bit strange that there is zero pressure or expectation on (NCFC) - Jim, Oct 16, 13:23:17
- As a business owner yourself (NCFC) - Henclrikus, Oct 16, 13:59:16
  - Come off it. We came unstuck last season by doing exactly what we are doing now (NCFC) - Jim, Oct 16, 14:41:34
    - take a deep breath (NCFC) - Henclrikus, Oct 16, 14:59:02
      - Our recruitment was not effective but what really messed us up was the spell when (NCFC) - Jim, Oct 16, 15:52:45
        
        scoring just 5 goals in the last 18 games was pretty catastrophic (n/m) (NCFC) - Henclrikus, Oct 16, 16:07:34
        
        Vmt not sure why he is so belligerent (n/m) (NCFC) - loz, Oct 16, 15:57:59
    - Concur with Jim. If you don't have any money after a year (NCFC) - SeattleSounders, Oct 16, 14:52:28
      - take a look at the accounts (NCFC) - Henclrikus, Oct 16, 15:06:00
      - Not like we spent much last season either (n/m) (NCFC) - loz, Oct 16, 14:55:36
        
        we probably spent £110m last season (n/m) (NCFC) - Henclrikus, Oct 16, 15:15:52
        
        But we didn’t spend what we didn’t have ... (NCFC) - loz, Oct 16, 15:43:36
  - that has already gone. (n/m) (NCFC) - Henclrikus, Oct 16, 14:29:28
    - Must have missed my advance copy of the accounts ... (NCFC) - loz, Oct 16, 14:39:02
      - a £12m loss from a third (?) of a season lost, we'll lose more of this season (NCFC) - CWC, Oct 16, 15:41:10
        
        Whose talking about big money spending. We need a back up defender. (n/m) (NCFC) - Jim, Oct 16, 15:56:47
        
        The 12m loss relates mainly to tv revenues ... (NCFC) - loz, Oct 16, 15:55:19
        
        It would do if most of us hadn;t left our money in. That figure assumes all ST holders (NCFC) - Jim, Oct 16, 15:57:52
        
        Yes but clearly club have to budget for worst case scenario in this area .. (NCFC) - loz, Oct 16, 16:05:51
      - while you choose to ignore obvious facts (NCFC) - Henclrikus, Oct 16, 15:13:01
        
        Which obvious facts ... (NCFC) - loz, Oct 16, 15:16:42
        
        the vast majority of transfer fees (NCFC) - Henclrikus, Oct 16, 15:31:10
        
        Hence the money being used in part for contingency planning ... (NCFC) - loz, Oct 16, 15:37:12
        
        nice swerve from actually answering the questions there (NCFC) - Henclrikus, Oct 16, 15:52:57
        
        You’ve forgotten the Godfrey sale buddy... (NCFC) - loz, Oct 16, 15:57:06
  - We have £40 million income from Ben and Jamal (n/m) (NCFC) - essexcanaryOTBC, Oct 16, 14:10:43
- Seems to me that we have money concerns (NCFC) - pinkney, Oct 16, 13:32:37
  - Yes i don;t get that either. Trybull useful at this level. (n/m) (NCFC) - Jim, Oct 16, 13:54:42
    - Moody body language when not playing apparently 🤔 (n/m) (NCFC) - loz, Oct 16, 14:04:24
  - everyone has money concerns (NCFC) - CWC, Oct 16, 13:37:53
- Truly bizarre especially now Hernandez crocked and ... (NCFC) - loz, Oct 16, 13:29:27
  - Yes. Wilson going to Cardiff 9we were interested apparently) and Knockart to Forest (NCFC) - Jim, Oct 16, 13:55:40

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