Now that the dust has settled

I think the two new members on the Board will be a good thing. The £2m loan will presumably cover the cost of the players contracts we are committed to for the next twelve months before we can either off load those high earners or get them on more realistic wages. That will help balance the books for next year.

For their part, the Turners are being understandably cautious. They have stumped up £2m but are waiting to see exactly how the club is being run before they commit any further. They have a substantial fortune but it is not that great in footballing oligarth terms so I would expect their contribution to consist of drip feeding the funds to help the club compete.

I would expect that they will spend the next few months scrutinising the club's business model.

Posted By: Wraith on May 9th 2007 at 08:01:10

Message Thread

Now that the dust has settled (NCFC) - Wraith, May 9, 08:01:10
- As you say fresh ideas on the board but (NCFC) - Swiss Yellow, May 9, 09:43:41
- probably about right (NCFC) - megson, May 9, 08:17:20
- well thanks for your expert insight........................... (n/m) (NCFC) - Chopper, May 9, 08:16:15
- tbh i cant really see it being a bad thing, more investment and sound business minds (n/m) (NCFC) - leedsmetcanary, May 9, 08:16:15

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