Ok, it's a year old but no less relevant for that. http://swissramble.blogspot.co.uk/search/label/Paul Lambert A couple of things of note.. "Since Delia Smith and Michael Wynn Jones took over the club in 1996 they have put in around £12 million via share purchases and interest-free loans, which they have promised they will not ask to be repaid while the club still owes money to the banks." "as not all owners would be such selfless benefactors as Delia and her husband, who have not taken any salaries, dividends or interest from the club during their fifteen years at the helm."
Very interesting, I knew it was bad but I had never really looked at how bad, thought it might depress me. We talk about clubs living outside their means but this shows that even with extremely careful finance control you can make a loss each year. If in 10 years time were back in the championship but have a 35,000 seater stadium we may just manage to up our revenue a bit. I did like the focus on the 7 year plan 2 years in league one 3 years in championship 1 year in prem 1 year in championship Return to prem and stay for more than one season. Norwich city will be a Premiership football team next season and hopefully for a few years to come. We really need a new 7 year plan, we're brilliant at them.
1 year in prem mid table, 1 year in prem top half 1 year in prem top 5 in europe 1 year in prem top 4 champions league 1 year in prem top 2 champions league 1 year in prem win league, champions league final 1 year in prem win league, win champions league
The current plan is not really about footballing matters. It is more of a conservative financial plan to clear the debts.
