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HOW LONG DO WE GIVE HIM ?

Discussion in 'Norwich City' started by KIO, Nov 4, 2017.

  1. NorthCityCanary

    NorthCityCanary Active Member

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    Southgate, sure, though I never expect him to be manger here.

    Potter on the other hand, might. He's damaged goods from Chelsea and the Hammers, none of the top EPL teams would realistically take him, those bottom half would see it as a gamble. He works best with cheap, young players and has (at least at Brighton, had) a defined style, of which we're crying out for.
     
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  2. carrabuh

    carrabuh Well-Known Member

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    Don't know, considerable amount owed to Attanasio's and one of Pinkun podcasts recall them saying not selling Sargent put them close to ffp limit.
    I think its around 60 million to directors in loans and another 25 elsewhere
     
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  3. carrabuh

    carrabuh Well-Known Member

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    Why would anyone want Gareth Southgate as manager?

    There is a reason nobody has gone after him.

    Why would anyone want an English manager full stop?

    I'd begrudgingly keep Manning as it could all go south very badly with a change.

    My worry is this team doesnt realise its bad yet and when the penny drops it things could get far worse.
     
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  4. Robbie BB

    Robbie BB Well-Known Member

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    Are we talking about the Attanasio loans made under the previous ownership? If so, my understanding is that they were all converted into equity as part of the take-over from DS and MWJ. Hence those loans no longer exist. Where there is a continuing cost is in the interest payable on the various classes of Preference shares. There may be new loans related to player purchases since Norfolk Holdings took control, but I guess we have to wait until the AGM in November before we get any further info on that.
     
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  5. Canary Rob

    Canary Rob Well-Known Member

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    It can only go about three places south… we are virtually at the place of only looking up already
     
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  6. Canary Rob

    Canary Rob Well-Known Member

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    In the 2024 accounts there is £22m loan falling due in more than a year. Dividends in the preference shares was less than £1m

    Doesn’t sound too worrying to me. But it does show we don’t really have any wiggle room for player purchases etc
     
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  7. carrabuh

    carrabuh Well-Known Member

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    No way would i want Southgate in charge of this team. We'd have more points than fans by end of season.

    He's so dreadfully English in his outlook.

    Pragmatism breeds mediocrity.
     
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  8. Canary Rob

    Canary Rob Well-Known Member

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    Oh sorry if the alternative is Southgate (which frankly I don’t think it is as Southgate wouldn’t entertain joining us), then yes I agree. There are other options though.
     
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  9. Robbie BB

    Robbie BB Well-Known Member

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    Yes, the finances are the least of the worries. Nor do I think FFP rules are of particular concern; all the financial strategising is done with those in mind. What I would like to know more about is exactly how player purchases are being financed.*

    [Edit]
    * e.g. this from p 73 of the last Finacial Report, re. Creditors/Short Term loans: "accelerated funds secured on future contracted player receivables and fully repayable by September 2025. The interest rate due on the loan varies on a player-by-player basis".
     
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    Last edited: Oct 7, 2025 at 6:41 AM
    Canary Rob and SuffolkCanary like this.
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