Didn't spot the 'cliches', perhaps you could enlighten me.
Yes, we did nearly go bankrupt as you say but that's not an issue now.
And BTW, I called you an 'Arse' because I was in no way inferring that PL should go and well you know it !
examples ofcliches - Todays society being more interested in money, footballers are athletes and should be able to manage with a weeks rest, "Don't give me the
'to give young Jed first team experience crap'", "it had better be a 'blood and guts' performance", "One final point, it has been well documented that Paul Lambert has styled himself on a
certain Mr Martin O'Neill.", etc.
As for nearly going bankrupt not being the issue...
http://norwichcity.myfootballwriter...-timely-salute-to-messrs-bowkett-and-mcnally/
"
The part of the AGM in which chief executive David McNally took over the Power-Point was when the reason for the crisis was spelled out.
Relegation to League One had slashed payments from the Football League (TV money, central sponsorship and so on) by three-quarters and hit every revenue stream except Delia’s Canary Catering.
Our team had gone down and so had .income from tickets, sponsorship and commercial activities. Bowkett said this week: “We couldn’t afford to pay our interest and we couldn’t afford to pay the amortisation owing on the loans on time.”
So Bowkett went to the banks and persuaded them to suspend temporarily the repayments of both interest and capital. And for his next trick he got them to put the final repayment date back by four years.
If you believe Bowkett’s negotiations were straight-forward, try telling your mortgage lender that you intend to stop repayments. Oh, and try it at a time when banks are under pressure to call in bad debts and not to take risks.
I am guessing that he told the banks the truth: that if they demanded their money on time then the club would be forced into administration. In that scenario, the banks would get a few coppers for every pound owed.
Or Bowkett might merely have explained the details of the new board’s strategy and persuaded the bankers to back it. Whatever he said, it worked."
Administration would meant a 10 point deduction, which would have put us level on points with Millwall - assuming that the loss had not hit team moral and the results had been the same.
Yeah there is £40million for being in the Premiership, but a lot of that was spoken for due to the previous debts. And no doubt the 'success' of this season as helped negotiating further with the creditors that has allowed us to spend another £5million strengthening the squad.
Lambert and the board have a 7 year plan - which they are ahead of. If that turns out to be the equivilent of the 5 year plan that Everton had ten years ago then you can rant all you like, and I shall probably join you - after all I was at Wembley too (
not that it can compare to Terry Butcher's missed header and Bruce's goal, with accompanying unbounded joy and hugging more akin to Italy than reticent Norfolk) so I know what it is like to watch the club I love win a trophy (
even if a few weeks later 1p5wich got their own back - the only bit of passion shown that day was Asa Hartford having a run in with the local constabulary when he got sent off - and shortly afterwards we got relegated in dubious circumstances).
Besides last year we were knocked out by Orient, in another pretty toothless display, so at least we are making progress.
btw - you called me an arse because this is the interwebz...so meh...
