Search results

Yeah, they also said that if we gain promotion and stay there for 2 seasons we could extend the ground to a 35,500 capacity; it would take us 9 years to pay back the £20m cost. Now, remind me again, how long will it take you to pay back the cost of your 22,500 seater? They also said that...

We write in respect of the article published in today's "News of the World" on page 96 under the title "Canaries on brink" ("the Article"), which states the following: "NORWICH CITY are the latest club teetering on the brink of financial meltdown. The League One high-flyers could go into...

So are you, or are you not, categorically stating that risks you took for profit resulted in individuals, businesses, HMRC, and the banks losing money that you spent... in your pursuit for personal gain? And if you are saying that, then what gives you the damn right to comment on the financial...

Fair play, as long as you get it. Does this stadium company cease to exist, after 2023? Or will it always be held as a seperate business?

We reduced our debt last year, we will reduce our debt this year, which part of that precisely don't you understand? We didn't increase the debts, their was no robbing Peter, we just paid a bit back to Paul. Are you telling me that YOUR business had debt? I suppose you took administration then...

Only just.

I thought the stadium wasn't costing the club anything until 2023, now you are saying that it has already cost you £3.6m?

We will see. Will two successive promotions change your mind about that? Or not? Sounds Martin O'neill-esque to me.

Well actually we will be profitable this year, without promotion, revenues will increase by £5m. The 5 year plan includes 3 years in The Championship. Debt will be paid down by £1m this year irrespective of promotion, potentially £3.5m as per the recent car park sale.

Sure I will answer that. We have actually posted a net profit more years than we haven't for the past ten years but had a clueless Chief Executive who appointed three awful managers in a row and simply didn't know how to run a football club. The result was plenty of investment into the playing...

We also McNally's 5 year plan to be entirely debt free within 5 years, the car park sale forms one stage of that plan, reducing the debt by £2.5m. What most of these Brighton fans fail to understand is that a huge slice of OUR debt is also owned to Delia and Michael Wynn Jones, our bank debt is...

Why are Brighton fans contradicting each other? I have one of you stating that it has to be repaid BY 2023 and another states AFTER 2023. Do you even know what the loan terms and conditions are? I mean, whats the risk? Under what circumstances would you lose the stadium?

So it is still going to take the club 12 years to repay a loan taken out to pay for its new stadium? And you don't know how much you are going to be repaying each year? Yet you will have more financial muscle than poor little Norwich who have to sell a car park, despite Norwich not having £8.3m...

Forgive me if I am wrong, but surely your stadium is being built with an interest free LOAN from the chairman? We have debts of £23m, against an annual turnover of £17m+. You will have debts of £100m against an annual turnover of £4m-£5m. With all due respect, and I'm sure that your...

Fair point, maybe I was a bit harsh. Does that mean that you will let Elliott Bennett go if he wants to then? And, is he actually any good? I mean, does he look like he look too good for League One week in week out? Would you all be gutted if he left? And, lastly, are there any positions on...

Norwich lad here, firstly better give the standard obligatory "come in peace" cliche. I hate Palace, so we have at least a little in common. Firstly I understand why you are all unsettled by the rumours, particularly mid-season, we have all been through that.... once upon a time Norwich were a...