Fact is we needed the extra seating to progress long term, so that was a must

But as for the other such assets well I don't know. I'm no financial expert but it does worry me a lot when we must have made a lot from that season in the prem, on top of making a few million from the profit on the ashton sale, which we must have made at least 2-3m on, and how it has all disappeared so quickly.

Sadly we're not the only team who've been in the Prem in recent years who are suffering though.

Look at Palace, Sheff Utd just last season, they've spent heavily on the team and still they're struggling at the wrong end of the table.

Fact is that to even compete at the top half of the Championship now you need a fair amount of financial backing.

Barry Skipper was very correct in what he said the other day about Norwich. We either have to push to become a Prem team and say there, or we aim for mid table Campionship team from here on.

He also stated that in years to come you're going to see about 25 teams always making up the Premier League because some really wont be able to comoete. That looks like happening sooner rather than later, so if we miss the boat this time then it may never come back to our shores again.

Posted By: CityForLife on October 15th 2007 at 20:19:31

Message Thread

NCFC Finances (Part One) - a few discussion points (long post) (NCFC) - Financebod, Oct 15, 19:10:06
- Offices will have standard repairing leases and land values are high (NCFC) - Kangol Canary, Oct 15, 22:32:32
- kin ell (NCFC) - Needledick, Oct 15, 21:51:14
- one extra thing to add to your critical expenditure list (NCFC) - blindasabat, Oct 15, 21:15:03
- Thanks - very interesting (NCFC) - KentonCanary, Oct 15, 20:40:45
- what about the new scoreboards? (n/m) (NCFC) - NCFC4life, Oct 15, 20:31:47
- Fact is we needed the extra seating to progress long term, so that was a must (NCFC) - CityForLife, Oct 15, 20:19:31
- Hind sight is a wonderful thing! (n/m) (NCFC) - Superstar D J, Oct 15, 19:46:35
- People Reading Financebod posts (NCFC) - Charles21, Oct 15, 19:27:51
  - See, we really should all read it, and every article like it (NCFC) - Sugbad The Bad, Oct 15, 19:46:34
    - FAO: Sugbad the Bad (NCFC) - Commisar_Canary, Oct 16, 00:30:04
    - not a chance in hell (NCFC) - Charles21, Oct 15, 19:49:52
      - Here's the deal (NCFC) - Sugbad The Bad, Oct 15, 19:50:50
        
        does anyone have it on tape instead... (n/m) (NCFC) - dear prudence, Oct 15, 19:57:30
- Précis? (n/m) (NCFC) - Partial Angler, Oct 15, 19:25:21
  - buying the new scoreboards has sent us into financial oblivion (n/m) (NCFC) - NCFC4life, Oct 15, 20:34:55
- really...zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzz (n/m) (NCFC) - deliasdildo, Oct 15, 19:24:37
  - Trouble is (NCFC) - scrimmage, Oct 15, 23:18:39
    - Exactly! (n/m) (NCFC) - Commisar_Canary, Oct 16, 00:39:19

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