With the latest set of accounts now showing we're debt free, just how much more

attractive does that now make us as an investment to potential new owners? Surely, it can't be much longer before a serious investor comes knocking at our door?

I like our current business model, being run as a kind of mutual... in looking to return a small amount of profit each year, but investing the vast majority of income on the infrastructure of the club to the long-term benefit of the supporters.

However, Delia and Michael can't go on forever. What happens the day they wish to retire and sell on their majority shareholding? What happens if a wealthy consortium offer over the odds to the shareholders to purchase the club? Say the new owners are the ones who can really push us a club to "the next level"? But then, how far can Norwich City FC go that you would still feel comfortable with? Top 6 side? Pushing for Champions League? Genuine league title contenders? However, the unknown quantity of potential new ownership is that it could un-do everything that the current board have worked so hard to achieve. It becomes somebody's play thing who wants to extract maximum profit out the club, then we would find ourselves back to square one... in debt and in the football wilderness once more.

I dearly want the club to progress, but I feel that we have a structure and philosophy in place now that will give the best chances of the club continuing to prosper for many generations to come. It will come with a heavy heart and a huge amount of trepidation to see the ownership of our club change... because it will at some stage down the line.

Posted By: Jim Nasium, Oct 10, 12:12:28

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