How can shares in Norwich City still be worth anything?
With ?20m or so of debt and ?5m a year loses how can the shares have a value?
It seems to me that having Cullum offer to take on the club for nothing in return for investing money is a good deal for Delia.
I just don't understand how she can possibly think the club has a value when it actually costs her money just to keep it running each year.
Posted By: Ben on September 18th 2008 at 13:00:45
Message Thread
- Anyone seen ND's new article? (NCFC) - megson, Sep 18, 12:50:20
- More worrying is that our entire playing budget is roughly the same as Robinho's salary... (n/m) (NCFC) - Declan, Sep 18, 13:19:52
- I didn't think I could hate him any more than I already did (NCFC) - Ben, Sep 18, 13:21:13
- "Hate" - are you sure???? (n/m) (NCFC) - CB41, Sep 18, 13:24:16
- opps, I thought that said Ronaldo (n/m) (NCFC) - Ben, Sep 18, 13:26:08
- Still a very powerful emotion for someone you (I presume) have never met. (n/m) (NCFC) - CB41, Sep 18, 13:29:44
- Not for Ronaldo (n/m) (NCFC) - Ben, Sep 18, 13:34:39
- Still a very powerful emotion for someone you (I presume) have never met. (n/m) (NCFC) - CB41, Sep 18, 13:29:44
- opps, I thought that said Ronaldo (n/m) (NCFC) - Ben, Sep 18, 13:26:08
- how can you hate him? (NCFC) - Charles21, Sep 18, 13:22:15
- "Hate" - are you sure???? (n/m) (NCFC) - CB41, Sep 18, 13:24:16
- I didn't think I could hate him any more than I already did (NCFC) - Ben, Sep 18, 13:21:13
- Where's the budget for players wages? (NCFC) - BerlinCanary, Sep 18, 13:02:11
- How can shares in Norwich City still be worth anything? (NCFC) - Ben, Sep 18, 13:00:45
- I don't suppose it's just Delia (NCFC) - Charles21, Sep 18, 13:14:27
- I'm sure she isn't the only one (NCFC) - Ben, Sep 18, 13:18:51
- Yebut, if that were the case, WTF would Cullum want it? (n/m) (NCFC) - CB41, Sep 18, 13:20:32
- Why would anyone want a football club? (NCFC) - Ben, Sep 18, 13:24:48
- Usually for political, branding, tax evasion or money laundering reasons. (n/m) (NCFC) - CB41, Sep 18, 13:27:33
- and I thought Delia was squeaky clean (n/m) (NCFC) - Ben, Sep 18, 13:34:05
- "lending" money to a football club in the knowledge that you will never have it repaid (NCFC) - CB41, Sep 18, 13:39:29
- "in the knowledge that you will never have it repaid" (NCFC) - Tricky Hawes, Sep 18, 14:02:56
- I'm no expert, but (NCFC) - Tricky Hawes, Sep 18, 13:41:38
- Not necessarily (NCFC) - BerlinCanary, Sep 18, 13:55:59
- "in the knowledge that you will never have it repaid" (NCFC) - Tricky Hawes, Sep 18, 14:03:45
- Except no-one actually does that (NCFC) - BerlinCanary, Sep 18, 14:14:07
- "in the knowledge that you will never have it repaid" (NCFC) - Tricky Hawes, Sep 18, 14:03:45
- Not necessarily (NCFC) - BerlinCanary, Sep 18, 13:55:59
- It's also very good PR (n/m) (NCFC) - CB41, Sep 18, 13:41:32
- "lending" money to a football club in the knowledge that you will never have it repaid (NCFC) - CB41, Sep 18, 13:39:29
- and I thought Delia was squeaky clean (n/m) (NCFC) - Ben, Sep 18, 13:34:05
- shame Cullum doesn't (n/m) (NCFC) - Brandonio, Sep 18, 13:25:43
- Usually for political, branding, tax evasion or money laundering reasons. (n/m) (NCFC) - CB41, Sep 18, 13:27:33
- Why would anyone want a football club? (NCFC) - Ben, Sep 18, 13:24:48
- Yebut, if that were the case, WTF would Cullum want it? (n/m) (NCFC) - CB41, Sep 18, 13:20:32
- I'm sure she isn't the only one (NCFC) - Ben, Sep 18, 13:18:51
- hmmm, good point not looked at it like that before! (n/m) (NCFC) - megson, Sep 18, 13:03:37
- I don't suppose it's just Delia (NCFC) - Charles21, Sep 18, 13:14:27
- More worrying is that our entire playing budget is roughly the same as Robinho's salary... (n/m) (NCFC) - Declan, Sep 18, 13:19:52
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