if I buy I bigger house and increase my mortgage..

I am increasing my debt. As long as I can afford the repayments surely i am not mismanaging my finances? The debt doesn't matter. We did not need to sell players this season to break even. Most clubs in our position i.e. losing the parachute payments would not be in that position.
The board can't win. By being ambitious and prividing resources for the team they are moaned at for teh debt. But those same serial moaners are the same ones who complain about the board's lack of ambition. If you want to attract quality players to a club you have to meet their terms. If you don't want release clauses then easy - settle for old no-hope players.

The staged payment thing works both ways - we only paid Crewe for Ashton in staged payments for example. It is normal football practice for cashflow reasons.

Posted By: mr carra on July 18th 2007 at 09:23:51

Message Thread

Mr Doncaster, time you and the other members of the (NCFC) - Chopper, Jul 18, 08:20:29
- How have THEY underperformed? (NCFC) - mr carra, Jul 18, 08:27:41
  - from Premiership to bottom of the First Division gives a clue! (NCFC) - Chopper, Jul 18, 08:42:25
    - The facts don't prove anything about the board's performance: (NCFC) - HairyBobbingManAss, Jul 18, 08:47:47
    - so what SHOULD the Board have done differently? (NCFC) - mr carra, Jul 18, 08:46:30
      - If that is "looking after the finances properly" (NCFC) - Creosote Ah Um, Jul 18, 09:27:11
        
        I think you grossly underestimate.. (NCFC) - mr carra, Jul 18, 09:31:22
        
        There is a more straightforward way to spend less on players (NCFC) - Creosote Ah Um, Jul 18, 09:38:28
        
        OK, but that is the manager not the Board (n/m) (NCFC) - mr carra, Jul 18, 09:39:16
        
        Which is where I think the board were remiss (NCFC) - Creosote Ah Um, Jul 18, 09:50:49
        
        he won the division title (NCFC) - mr carra, Jul 18, 09:56:58
        
        I'm sure you are right (NCFC) - Creosote Ah Um, Jul 18, 10:05:42
        
        was he not managing the transfer/players' wages budget (NCFC) - blindasabat, Jul 18, 09:53:08
        
        I don't know (NCFC) - Creosote Ah Um, Jul 18, 10:03:07
      - "look after the finances properly". You cannot be serious. (NCFC) - Old Git, Jul 18, 09:16:38
        
        if I buy I bigger house and increase my mortgage.. (NCFC) - mr carra, Jul 18, 09:23:51
      - They did not provide resources when we got promoted (NCFC) - Jim, Jul 18, 08:59:08
        
        FFS. For the last time. Yes they did. (NCFC) - mr carra, Jul 18, 09:06:56
        
        They could have tried spending it on the squad, not on the stands (n/m) (NCFC) - Old Git, Jul 18, 09:17:39
        
        we had to replace the South Stand because it didn't meet safety requirements (NCFC) - mr carra, Jul 18, 09:29:10
        
        Random wankers on here moaning is no indicator of what the "right" thing to do (NCFC) - Arizona Bay, Jul 18, 09:33:48
        
        Couldn't agree more (NCFC) - mr carra, Jul 18, 09:41:06
        
        If they spend they are financially reckless and if they don't they are not ambitious (NCFC) - Creosote Ah Um, Jul 18, 09:58:37
      - Oh, and shouldn't they take credit... (NCFC) - mr carra, Jul 18, 08:49:06
        
        so Blackburn, Wigan, Portsmouth are all huge teams with (NCFC) - Chopper, Jul 18, 08:54:03
        
        Blackburn had Jack Walker (NCFC) - Johnny Comecardiff, Jul 18, 09:02:26
        
        Yes they are (NCFC) - mr carra, Jul 18, 08:58:22
        
        Can't have that one both ways. (NCFC) - Johnny Comecardiff, Jul 18, 08:52:28
        
        I agree (NCFC) - mr carra, Jul 18, 09:03:00
        
        precisely (n/m) (NCFC) - Chopper, Jul 18, 08:54:27
        
        Actually, I was suggesting Worthington should take credit for promotion (NCFC) - Johnny Comecardiff, Jul 18, 09:03:40

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