Can Norwich City afford to be in the Championship next season"
It’s a conundrum.
As it stands both scenarios are eminently possible. It’s looking increasingly likely that we will be in the playoffs, but from there, who knows"
The scuttlebutt from ‘sources’ is that the club is £90m in the red, but that the debt is covered by Mark Anastassio as a private, not a public, debt. Be that as it may, that’s a load of moolah but, hey, promotion via the playoffs is worth gazillions.
Well, at least enough to theoretically cover the debt and still leave some spending money. Quite how much spending money is not clear but let’s say it’s £50million. That might just about get you a trio of proven Premier League performers, but it’s obvious to everyone that this team will need more than three imports if it goes up.
Would Mark A open the chequebook, a la Nottingham Forest and splurge a fortune, running the risk of breaking every financial sustainability rule in the book" (If you still finish outside of the bottom three after a points deduction it’s a win-win innit).
I don’t think for a second he would, so we are then crossing our fingers and hoping that David Wagner can keep the team up for the first season – doing a Huddersfield in other words – and then investing in the second season knowing that a further £120m is incoming.
If promotion happens and we don’t invest – the most likely scenario – the probable outcome is another season...
source:
myfootballwriter-norwichcity
URL source:
http://norwichcity.myfootballwriter.com/
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