No - which is good for us in the future but has been a bad model

Up till now - we have had cheap debt for decades so taking on debt selectively has been the smartest option in the past. As rates rise it will become less smart, but we missed all our chances to lever up and invest with low interest rates.

Posted By: fal5taff on May 23rd 2022 at 07:02:14

Message Thread

Our net spend after promotion from the champs was 23m. (NCFC) - fal5taff, May 23, 06:17:31
- "Goebbels " Jesus christ. (n/m) (NCFC) - megson, May 23, 09:20:14
  - Poor old Goebbels (n/m) (NCFC) - Old Git, May 23, 09:21:55
    - Just misunderstood. (n/m) (NCFC) - protheroe fitzgibbon, May 23, 09:25:59
- Irrespective of the net spend. We still spent +50m on absolute shite. (n/m) (NCFC) - thirsty work, May 23, 09:14:40
  - i don't like posts like this (NCFC) - ghostof barry butler, May 23, 11:53:50
- The problem wasn’t the amount we spent but how it was spent (NCFC) - Farkeball, May 23, 08:21:00
  - Its a myth that Williams was any good (NCFC) - delia_s, May 23, 09:11:06
    - He looked very good middle of the season, bookended by a poor start and finish (when he di (NCFC) - seminated_woolly, May 23, 09:38:31
  - Yep, Williams was as bad as I expected (NCFC) - jamesward, May 23, 09:02:37
- My neighbour has a swimming pool (NCFC) - Cardiff Canary, May 23, 07:40:48
  - Surely what you normally say is (NCFC) - Old Git, May 23, 09:21:20
    - It's an idea, tho not one *I* would say (n/m) (NCFC) - Cardiff Canary, May 23, 12:37:17
  - the thing is, you don't need to have a swimming pool (NCFC) - Tombs, May 23, 08:24:53
  - And Norwich are an old paddling pool from Woolworths. So long as we get a few puncture (NCFC) - Augustus Pablo, May 23, 07:56:38
    - Lovely imagery (NCFC) - Cardiff Canary, May 23, 08:09:09
- if you want to destroy a football club (NCFC) - shoddy, May 23, 07:30:41
  - The presenter on sky mentioned their financial difficulties (NCFC) - SCC 28, May 23, 07:49:03
    - What does he know, he wears Skechers FFS! (n/m) (NCFC) - Augustus Pablo, May 23, 07:51:29
      - Woah so do I (n/m) (NCFC) - SCC 28, May 23, 08:02:17
        
        Shocked (NCFC) - Tombs, May 23, 08:38:18
        
        Can’t think of anything worse (NCFC) - SCC 28, May 23, 08:51:09
        
        the gift of 21 roses by the FSB probably edges out a pair of crocs (n/m) (NCFC) - Tombs, May 23, 09:58:04
  - Yes and nobody would suggest such a funding arrangement although (NCFC) - Jim, May 23, 07:39:34
  - From what I've read (NCFC) - Captain Bligh, May 23, 07:37:50
    - As I've said before, maybe living in Cardiff (NCFC) - Cardiff Canary, May 23, 07:44:55
      - Agreed. It’s that difficulty of finding a billionaire who isn’t a complete bastard. (n/m) (NCFC) - Augustus Pablo, May 23, 07:58:43
        
        We don’t necessarily need a billionaire, just an injection of some capital with a bit more (NCFC) - Jim, May 23, 09:06:39
        
        How are they rinsing us for millions when they don't take anything out of the club? (NCFC) - CWC, May 23, 11:02:52
        
        I'm not talking abour Delia and Michael - I said the "other" pair as in the Webbers (n/m) (NCFC) - Jim, May 23, 12:49:24
        
        VMT (NCFC) - jamesward, May 23, 11:12:58
        
        Would those injecting the capital (NCFC) - SCC 28, May 23, 09:11:50
        
        Who knows. If they buy the club that is their choice. If they invest then they (NCFC) - Jim, May 23, 09:17:02
        
        Which owners of a similar sized champ club do you wish we had? (n/m) (NCFC) - SCC 28, May 23, 09:22:09
        
        We are (or were til yesterday) a premier league clubs. The comparables should be (NCFC) - Jim, May 23, 09:50:33
        
        Brighton owner has donated a few hundred million (NCFC) - SCC 28, May 23, 10:09:39
        
        Sorry meant WBA not Fulham but even their owner is loaded. (n/m) (NCFC) - Jim, May 23, 09:51:16
        
        or you take the tzolis money and pay emi 150k a week more instead (n/m) (NCFC) - Tombs, May 23, 10:02:29
        
        I do think we should have tried more to keep him yes. I think that transfer and (NCFC) - Jim, May 23, 10:08:24
        
        hindsight is a useless tool (NCFC) - Tombs, May 23, 10:12:48
        
        Nearly all are in it to make money (NCFC) - SCC 28, May 23, 08:04:09
        
        Does it matter if they make some money if it comes from the club succeeding? (NCFC) - Jim, May 23, 09:53:03
        
        Even then it doesn't guarantee success. Look at Stoke. (NCFC) - Knitted Jesus, May 23, 08:51:10
        
        it's a moot point thar we get no say over (NCFC) - Tombs, May 23, 08:56:14
        
        very much a moot point (NCFC) - Cardiff Canary, May 23, 13:20:50
        
        Yep (n/m) (NCFC) - SCC 28, May 23, 08:54:41
        
        Amazing that Man City can be such a successful self-funding club really (NCFC) - Tombs, May 23, 08:28:07
- What about wages? We might have got players cheap but paying mega wages, you don’t know. (n/m) (NCFC) - Augustus Pablo, May 23, 07:14:24
- Wouldn’t be as bad if the club was still good at the off pitch stuff too (NCFC) - Jim, May 23, 06:44:56
- Are clubs in the champs debt free? (n/m) (NCFC) - SCC 28, May 23, 06:43:41
  - No - which is good for us in the future but has been a bad model (NCFC) - fal5taff, May 23, 07:02:14
    - Gamble, basically? (n/m) (NCFC) - Captain Bligh, May 23, 07:30:49

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