Derby and Sheff Wed have kind of pulled the curtain back.

There are a ton of clubs that are in real financial trouble.
I think in non-covid times the lending institutions would have been quicker to pull the trigger.
As we get back to a more normal society I expect some real pain in the lower leagues.

Wouldn't it be nice if the Norwich model of only spending what you have became the new normal.....

Posted By: usacanary on October 27th 2021 at 14:14:59

Message Thread

Club annual accounts released.... (NCFC) - DrDublin, Oct 27, 09:03:04
- Accounts (NCFC) - letsbehavinyou, Oct 27, 10:29:28
- I bet there was still a queue for match day catering even when we were closed (n/m) (NCFC) - Augustus Pablo, Oct 27, 10:29:01
- Maybe this will stop these ridiculous posts about a lack of investment (NCFC) - Munich93, Oct 27, 10:01:53
  - Derby and Sheff Wed have kind of pulled the curtain back. (NCFC) - usacanary, Oct 27, 14:14:59
  - Nah (NCFC) - Cardiff Canary, Oct 27, 10:59:10
  - They’re are two distinct things (n/m) (NCFC) - SimonOTBC, Oct 27, 10:03:30
    - It’s a troll (n/m) (NCFC) - SCC 28, Oct 27, 10:23:56
      - I’d be careful not to stray into harassment territory (n/m) (NCFC) - Munich93, Oct 27, 11:00:04
        
        Just so weird (n/m) (NCFC) - SCC 28, Oct 27, 11:04:37
    - Exactly. No one is questioning we’re not a well run club. (n/m) (NCFC) - DH Yellow, Oct 27, 10:18:10
- Delia pocketing all the money (NCFC) - Charles21, Oct 27, 09:52:28
  - Yes That’s what I’ll be shouting again on Sunday x (n/m) (NCFC) - Nelsons final flanel, Oct 27, 10:22:10
- Looking forward to plenty of pinkun articles confusing profit and cash flow 😊 (n/m) (NCFC) - SimonOTBC, Oct 27, 09:33:12
- can you imagine the state of other clubs with no player sales or PL payments - brutal (n/m) (NCFC) - pinkney, Oct 27, 09:30:42
  - Yes, and they don't have a SoccerBot to sell on Gumtree later! (n/m) (NCFC) - BSE Canary, Oct 27, 09:34:06
    - "In good condition, buyer collects" (n/m) (NCFC) - inutero, Oct 27, 09:51:11
      - "First to see will buy" (n/m) (NCFC) - munter, Oct 27, 10:02:14
        
        "Certain features all unused such as Scoring and defending" (n/m) (NCFC) - usacanary, Oct 27, 16:45:32
- Wages... 116% of turnover 😕 (n/m) (NCFC) - Worthing Yellow, Oct 27, 09:04:49
  - If I recall from last time we went up... (NCFC) - mr carra, Oct 27, 11:10:20
    - Would still have been > 100% without bonuses apparently (n/m) (NCFC) - NxNW, Oct 27, 11:39:39
  - TV income ⬇️ £43m but wages cut by just £22m (n/m) (NCFC) - Henclrikus, Oct 27, 09:41:04
    - I haven’t read the detail, but is some of that drop in tv revenue.... (NCFC) - SimonOTBC, Oct 27, 09:42:34
      - I guess non match day events, hiring of meeting rooms, Yellows etc would have an impact (n/m) (NCFC) - Azteca, Oct 27, 10:05:52
      - Matchday income alone is prob £15m (NCFC) - Henclrikus, Oct 27, 09:53:58
  - Due to Covid that is. (n/m) (NCFC) - BSE Canary, Oct 27, 09:10:17
    - Yep empty stadiums no hospitality etc (n/m) (NCFC) - loz, Oct 27, 09:12:01

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