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New Trust statement on club finances

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« Reply #640 on: July 26, 2021, 14:22:04 pm »

With respect, CJ, this last bit of your post is symptomatic of the second biggest problem in the way this debate is being conducted. I'm not having a go at you personally but there are a couple of themes that dictate we're all just going round in circles.

The #1 biggest problem is one lots of other posters have touched on - absolutism. The second is something you've just done and it's also common elsewhere on social media: the tendency to say whatever one likes with no sense of duty to justify or back it up.

Who says there is an overspend? Who says it is flagrant? That is based on your own assumptions & calculations and, by your own admission, you are no expert.

Who says all the current ownership wants is to maintain league status? I would say there is significant evidence to the contrary and, even if that is their sole aim, to drop to the most shoestring business model out there would seem to me to be a very risky strategy indeed. You might even call it reckless - just like spending £1m more each year than 'you really need to'?
Non taken Parrot.
OK so I don't know that all the current ownership want to do is maintain league status but I'm as certain  as I need to be to know that the owner is not here for egotistical or philanthropic reasons, would you agree? What else is he here for then, is it not safe to assume that he invested in NTFC as a going concern in order to make himself wealthier and considerably so, given the overt risk involved? Why therefore it is not also safe to assume that he would want to work to best business practice by minimising losses rather than spunk money arbitrarily in a vain attempt at on field success? What commercial sense does that make? He is a very successful businessman.
I can only see any merit from our club owners point of view of increasing losses beyond necessary if it is done as a method of upping the anti and therefore pressure on the council and other involved parties to get them to agree to a deal because the consequences of no deal is no club, or if it has been achieved by incompetence. Those for me are the two options. The fact the average league two club has operating losses of 1million pa is a red herring. If I was standing in DB's shoes I would see average as failure.
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