I think covid is a red herring

Even if we do blame covid that still leaves the small matter of GBP60m debt incurred in the last two seasons!

The real issue is that we mahoosively overpaid for wages in 2021/22.
Our GBP118m payroll earned us 22 pts & relegation, while many of our rivals paid substantially less [Leeds 121m, BHA 115m, Soton 113m, Watford 79m & Brentford 68m]

Posted By: Henclrikus on December 5th 2023 at 14:39:22

Message Thread

How are we in debt again? I thought the board said they wouldn’t let that happen again? (NCFC) - Thegelman, Dec 5, 12:29:12
- With all the dosh.... (NCFC) - Lager top, Dec 5, 17:02:44
- Watch the interview with MA after the AGM (NCFC) - Old Splat, Dec 5, 16:40:50
  - That really is a strange way to look at it (NCFC) - Henclrikus, Dec 5, 16:58:34
    - although I encounter it almost daily (NCFC) - camcan, Dec 5, 17:16:31
      - I would be much less unhappy with football these days (NCFC) - Henclrikus, Dec 5, 17:39:29
- It’s because you touch yourself at night (n/m) (NCFC) - Old Git, Dec 5, 16:07:17
  - I love that line (NCFC) - Lentil Weaver, Dec 5, 17:23:11
- Soccerbot + Increased Energy Costs = Financial Drain (NCFC) - inutero, Dec 5, 15:31:27
- to a degree i don't have a problem with the club having a debt ... (NCFC) - ghostof barry butler, Dec 5, 14:12:53
  - ^^^VMT (n/m) (NCFC) - MonkeyPuzzle, Dec 5, 14:15:49
- COVID also cost £30illion they weren't expecting (n/m) (NCFC) - ede, Dec 5, 13:58:32
  - I think covid is a red herring (NCFC) - Henclrikus, Dec 5, 14:39:22
    - How much of the £118m was promotion bonuses? (NCFC) - SimonOTBC, Dec 5, 15:25:32
      - Nil. Paid in the fiscal yr of achievement, as you suggest. (NCFC) - Henclrikus, Dec 5, 15:59:12
        
        That really is piss poor performance from the recruitment team (n/m) (NCFC) - SimonOTBC, Dec 5, 16:30:30
        
        and those that agreed the budget (n/m) (NCFC) - Henclrikus, Dec 5, 18:38:55
      - It's probably harder to attract players to Norwich than London based clubs (NCFC) - Trent_Canary, Dec 5, 15:28:45
        
        With the greatest respect (NCFC) - Henclrikus, Dec 5, 16:11:36
        
        Non-London Weighting? (n/m) (NCFC) - seminated_woolly, Dec 5, 16:20:06
        
        yeah, whatevs. (NCFC) - Henclrikus, Dec 5, 16:30:12
        
        I know players dont have to live in Watford or Brentford but wtf? (NCFC) - MonkeyPuzzle, Dec 5, 15:47:03
        
        young, rich, eligible men wanting nightlife and sexual gratification (n/m) (NCFC) - seminated_woolly, Dec 5, 16:21:13
        
        I manage it (n/m) (NCFC) - MonkeyPuzzle, Dec 5, 17:03:54
        
        If you earn £10Ks a week it is hard to spend it in Norwich (NCFC) - Knitted Jesus, Dec 5, 15:52:20
        
        PM: AP (NCFC) - camcan, Dec 5, 17:27:08
  - It must of almost ended clubs with a less frugal approach (n/m) (NCFC) - MonkeyPuzzle, Dec 5, 14:19:40
- It's because we're paying Ben Gibson 43,000 per week (NCFC) - Henclrikus, Dec 5, 13:43:16
  - Thinking Gibson is on that makes me want to cry (n/m) (NCFC) - seminated_woolly, Dec 5, 16:21:52
    - It's the parmos that upset me (n/m) (NCFC) - Henclrikus, Dec 5, 16:31:02
- We're millions and millions in debt but it's all owed to the Attanasios (NCFC) - Trent_Canary, Dec 5, 12:39:48
  - Ok, thanks for that. Cheers. (n/m) (NCFC) - Thegelman, Dec 5, 12:50:27
  - The latest pinkun piece has an interesting quote… (NCFC) - loz, Dec 5, 12:47:20
    - Sounds like empty spin to me Clive (n/m) (NCFC) - JD3, Dec 5, 15:17:23
      - Agreed. A statement that doesn't mean anything (n/m) (NCFC) - seminated_woolly, Dec 5, 16:23:36
      - How dare you. (NCFC) - Henclrikus, Dec 5, 16:15:58
    - I wonder if some of that is buying young prospects hoping for profit (NCFC) - CWC, Dec 5, 14:42:14
    - Let’s hope so. Cheers. (n/m) (NCFC) - Thegelman, Dec 5, 12:52:17

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