Yes….you’re right about the fundamental issue
And that’s dwindling income over time if we don’t get promoted.
I’m not sure if it said, or if I just didn’t read it all, but I’d be surprised if we’d borrowed against all the cash to be received over that time frame, I’d expect just some of it.
Of course, the more we’ve received now and spent already (cash balance not high so most of it spent) the less we have to receive in the future.
But I don’t think this is news - we know that if we stick about in the championship we need to cut the wage bill down dramatically and also that we’ll need to sell one player a year to fund a competitive squad.
The thing that really stands out in the gross numbers for me is just how little £10m of investment is in the modern game.
Posted By: SimonOTBC on October 18th 2022 at 07:47:39
Message Thread
- PM SimonOTBC/Legacy Fan re: short term loans >£65m (NCFC) - JD3, Oct 18, 03:07:10
- The block of text around going concern covers that (NCFC) - CWC, Oct 18, 08:05:26
- The use of the cash won’t be optional (NCFC) - SimonOTBC, Oct 18, 07:29:58
- The use of cash won’t be optional, the club is card only (n/m) (NCFC) - Augustus Pablo, Oct 18, 07:55:25
- Okay cheers. (NCFC) - JD3, Oct 18, 07:42:37
- Yes….you’re right about the fundamental issue (NCFC) - SimonOTBC, Oct 18, 07:47:39
- I reckon there’ll be quite a few season tickets cancellations as well. (NCFC) - Augustus Pablo, Oct 18, 08:08:20
- Yes…. Particularly if the fans are not loving what’s being served up on the pitch (n/m) (NCFC) - SimonOTBC, Oct 18, 08:28:08
- Some ST holders on my row barely turn up these days (NCFC) - jamesward, Oct 18, 09:21:37
- Yes…. Particularly if the fans are not loving what’s being served up on the pitch (n/m) (NCFC) - SimonOTBC, Oct 18, 08:28:08
- I reckon there’ll be quite a few season tickets cancellations as well. (NCFC) - Augustus Pablo, Oct 18, 08:08:20
- Yes….you’re right about the fundamental issue (NCFC) - SimonOTBC, Oct 18, 07:47:39
- And now time to put baby JD3 back in the Moses basket and get some sleep! (n/m) (NCFC) - JD3, Oct 18, 03:10:54
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