well it was 20 million then, it is 50 million now.

we could pay it off on promotion. But it is a mortgage, so the choice to pay it off is up to the Board.

It is up to those in control.

Posted By: phrankin on July 8th 2008 at 11:57:40

Message Thread

I've no problem with Waghorn's article. Cullum should pay the fair price. (n/m) (NCFC) - McGonicle, Jul 8, 11:15:31
- Good & fair summary of the situation to me.. n/m (n/m) (NCFC) - woody, Jul 8, 11:47:55
- "Pay for your villa a fair price"... (NCFC) - Brom, Jul 8, 11:45:04
  - COWW2UGH (n/m) (NCFC) - Arizona Bay, Jul 8, 11:50:26
    - Your post made no sense (n/m) (NCFC) - Brom, Jul 8, 12:07:43
- after all hey Cullum, what's the point of paying off debts? (n/m) (NCFC) - pants, Jul 8, 11:25:17
  - That's a business judgement (NCFC) - BerlinCanary, Jul 8, 12:02:29
  - Yeah, I thought they were structured like a mortgage (NCFC) - phrankin, Jul 8, 11:30:17
  - Thats what Norton Finance are for. (NCFC) - Pygmy bulb, Jul 8, 11:28:02
    - More should be read into that comment really (n/m) (NCFC) - pants, Jul 8, 11:28:54
      - although to be fair (NCFC) - camcan, Jul 8, 11:29:46
        
        That's what is starting to concern me, what risks? And is this just some short term toy (NCFC) - pants, Jul 8, 11:33:31
        
        but he's a local from local land (NCFC) - Tomblander, Jul 8, 11:37:53
        
        Stop being silly (n/m) (NCFC) - pants, Jul 8, 11:40:30
        
        im not, what indicators are there that he will fuck off when he gets bored? (NCFC) - Tomblander, Jul 8, 11:43:53
        
        Because his constant line of wanting control and spending ?20m on players (NCFC) - pants, Jul 8, 11:46:12
        
        Do you really, really think that? (NCFC) - BerlinCanary, Jul 8, 11:56:58
        
        I have my doubts yes (n/m) (NCFC) - pants, Jul 8, 12:00:34
        
        Why? (NCFC) - BerlinCanary, Jul 8, 12:09:21
        
        Because he could have made himself more respectable by just talking to D and M (NCFC) - pants, Jul 8, 12:31:06
        
        I know the reply to this is "he tried that at xmas" (NCFC) - pants, Jul 8, 12:32:05
        
        I have my doubts as to the ambition of the current owners (NCFC) - phrankin, Jul 8, 12:05:40
        
        what is the point of paying off those long term debts in football (NCFC) - phrankin, Jul 8, 11:50:52
        
        Like we did the last time we were promoted? (n/m) (NCFC) - pants, Jul 8, 11:53:26
        
        well it was 20 million then, it is 50 million now. (NCFC) - phrankin, Jul 8, 11:57:40
        
        lol, but even when it was 20m last time, we could have paid debts off (NCFC) - pants, Jul 8, 12:08:14
        
        so we keep our Mortgage, or maybe pay a proportion off (NCFC) - phrankin, Jul 8, 12:09:34
        
        Because he wants controll of something for 20m that is worth more (NCFC) - pants, Jul 8, 12:18:31
        
        Is it though? (NCFC) - BerlinCanary, Jul 8, 12:40:02
        
        Well we own colney and the ground? (NCFC) - pants, Jul 8, 12:46:31
        
        Well, I have no idea what the assets are worth (NCFC) - BerlinCanary, Jul 8, 13:06:38
        
        I think my issue with it is (NCFC) - pants, Jul 8, 13:23:04
        
        One should always employ healthy skepticism (NCFC) - BerlinCanary, Jul 8, 14:30:23
        
        Like Delia then? (n/m) (NCFC) - phrankin, Jul 8, 12:24:25
        
        i imagine he is seeking control because he is as tittsed off as the rest of us with the di (NCFC) - Tomblander, Jul 8, 11:49:27
        
        my response to that is in phrankins. If life was as easy as that (NCFC) - pants, Jul 8, 11:55:09
        
        Would you let the current Board spend your 20 million investment? (n/m) (NCFC) - phrankin, Jul 8, 11:51:50
        
        what else would they do with it? (n/m) (NCFC) - Tomblander, Jul 8, 11:53:56
        
        buy land? a new restaurant? Refurbish the conference facilities? who knows with that lot. (n/m) (NCFC) - phrankin, Jul 8, 11:54:48
        
        idiot (n/m) (NCFC) - pants, Jul 8, 11:59:30
        
        Im just listing things the current Board have spent money on..... (NCFC) - phrankin, Jul 8, 12:04:31
        
        no, but you make out they are bad things to invest in (NCFC) - pants, Jul 8, 12:06:17
        
        I would rather we spent an extra 250K on Martin Taylor (NCFC) - phrankin, Jul 8, 12:07:09
        
        so many factors happened in that deal (NCFC) - pants, Jul 8, 12:17:15
        
        We missed out cos we werent willing to pay 1 million quid (NCFC) - phrankin, Jul 8, 12:25:54
        
        I just said (NCFC) - pants, Jul 8, 12:39:10
        
        lol. Karen Brady sticking tyo her guns over a fair valuation of the player... (NCFC) - phrankin, Jul 8, 13:23:38
        
        not exactly no, and you know this (n/m) (NCFC) - pants, Jul 8, 13:27:29
        
        Pointless argument we both want the same thing here (NCFC) - phrankin, Jul 8, 13:34:31
        
        lol, once again you climb on the wrong high horse and refuse to get off (NCFC) - Tomblander, Jul 8, 12:02:08
        
        Good troll, find someone else please (n/m) (NCFC) - pants, Jul 8, 12:05:31
        
        ok (n/m) (NCFC) - Tomblander, Jul 8, 12:07:59
        
        they could pop another hotel up (NCFC) - Tomblander, Jul 8, 11:56:01
        
        The risk in this, that he loses most of the money he puts in (NCFC) - phrankin, Jul 8, 11:42:56
        
        Then when the short term plan doesn't work, what? (NCFC) - pants, Jul 8, 11:52:47
        
        If he fails we are in the same situation as when he came (NCFC) - phrankin, Jul 8, 11:53:56
        
        Well, that's rubbish (NCFC) - BerlinCanary, Jul 8, 12:12:20
        
        ***sense here COME SEE*** (n/m) (NCFC) - pants, Jul 8, 12:15:21
        
        Yeah, but, we're seem to be slowly heading that way anyway... (NCFC) - BerlinCanary, Jul 8, 12:23:59
        
        no, of course it doesn't, just like York didn't fail with Douglas Craig in charge (NCFC) - pants, Jul 8, 12:03:36
        
        although everyone said that about Abramovich but he's still there, (NCFC) - NCFC4life, Jul 8, 11:35:31
        
        But he walked into something that didn't have a choice but accept his money (NCFC) - pants, Jul 8, 11:39:33
        
        that i know but it's the idea of him walking off after a couple of years is what i mean't, (NCFC) - NCFC4life, Jul 8, 11:47:25
        
        and if it doesn't work you have Gretna (NCFC) - pants, Jul 8, 11:57:48
        
        Utter nonsense. (NCFC) - Pygmy bulb, Jul 8, 12:04:23
        
        It didn't work at Gretna because it was all short term. It's worked at somewhere like (NCFC) - pants, Jul 8, 12:12:10
        
        Gretna, where the guy was paying the bills from his own pocket (NCFC) - phrankin, Jul 8, 11:59:08
        
        Why doesn't he just invest the 20m then, and ditch the takeover? (n/m) (NCFC) - pants, Jul 8, 12:04:27
        
        COA WHEN HE PUTS 20 MILLION INTO THE CLUB (NCFC) - phrankin, Jul 8, 12:06:17
        
        But he'll then have the right to control things that aren't his either (n/m) (NCFC) - pants, Jul 8, 12:09:56
        
        Delia got a large proportion of her shares by purchasing 'new shares' (NCFC) - phrankin, Jul 8, 12:18:25
        
        Delia taking over and Cullum now wanting to take over are two totally different scenarios (NCFC) - pants, Jul 8, 12:19:51
        
        I thought Cullum was a Norwich City fan? (n/m) (NCFC) - phrankin, Jul 8, 11:37:30
        
        But who is the (NCFC) - duke of york, Jul 8, 11:30:33
        
        I am the walrus. (n/m) (NCFC) - Arizona Bay, Jul 8, 11:35:49
        
        Mexican walrus, presumably. (n/m) (NCFC) - Tricky Hawes, Jul 8, 11:36:17
- Make sure you pay for your property a fair prithe. (NCFC) - Arizona Bay, Jul 8, 11:24:40
  - Does Chrissy Waddle (NCFC) - duke of york, Jul 8, 11:29:08
    - crooks by a country kilometer (n/m) (NCFC) - Tomblander, Jul 8, 11:32:03
    - Does Crooks do co-commentary? (NCFC) - Arizona Bay, Jul 8, 11:31:51
      - Bryan Hamilton run a close second by (NCFC) - camcan, Jul 8, 11:58:13
      - Spot on. (NCFC) - Pygmy bulb, Jul 8, 11:36:07
      - Yes. Dreadful beyond words. (n/m) (NCFC) - Tricky Hawes, Jul 8, 11:35:01
      - Yes, forgot him (NCFC) - duke of york, Jul 8, 11:33:44
- How much did Delia pay for her shares whne she bought them from Watling? (n/m) (NCFC) - phrankin, Jul 8, 11:22:50
  - ?9 million (n/m) (NCFC) - NCFC4life, Jul 8, 11:23:56
    - Not True at all (n/m) (NCFC) - phrankin, Jul 8, 11:30:40
- well if he has 20 million to spend (NCFC) - phrankin, Jul 8, 11:21:38
  - have you ever thought about what you type before you post? ever? (n/m) (NCFC) - NCFC4life, Jul 8, 11:23:11
    - have you? (NCFC) - Tricky Hawes, Jul 8, 12:28:02
      - defeaning silence there (n/m) (NCFC) - Worzel Scrimmage, Jul 8, 16:11:25
- He's basically saying (NCFC) - fleckmatic, Jul 8, 11:19:40
  - Hang on.... The posts are upside down? (NCFC) - fleckmatic, Jul 8, 11:20:39
- not reall that interested in what price he is going to pay (NCFC) - Tomblander, Jul 8, 11:18:05
  - me too soldier. (n/m) (NCFC) - NCFC4life, Jul 8, 11:22:33
  - this fell off (NCFC) - Tomblander, Jul 8, 11:18:51

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