We’re frequently reminded that “football isn’t like any other business.” And, judging how some football clubs seem to operate, you could easily be forgiven for thinking that their respective owners, or CEOs, seem to take leave of any business sense they’ve acquired over the years. Of course, as fans, we don’t often get to choose […]
If you’re ever minded to ask the question, when, for a football club, is the best time to hold an AGM, being top of the league, with ‘that lot’ 23 places below you, together with a relatively healthy set of financials in your back pocket, that’s probably just about perfect – if Heineken did AGM’s… […]
MFW’s go-to guy for midweek away trips, Gary Field, delivers yet again. Here are five things that struck him after his Tuesday night jaunt to Adams Park… Ringing the changes Nine changes (one of the unusual consequences being an increase in the average age of the starting XI – something of a rarity for League […]
MFW’s Gary Field was one of the heroic 919 at the Madjeski last night. He kindly offered us a few post-match observations… Home grown and club developed… It may have gone unnoticed by many that all but one of City’s previous seven Championship match day squads had contained the absolute minimum of seven ‘home-grown’ or ‘club […]
As away grounds go, Charlton has to be one of my personal favourites (even if the away end is rather basic). The continuous “bowl” wrapping around three sides makes it a proper ground – the product of Premier League dosh and seven consecutive top-flight seasons in the early 2000s. Better times and, undoubtedly, better owners […]
Okay footy fans, engage your inner nerd and raise your hands up if you know your FSF from your SD or your PL Fans Fund? Chances are, if given their full names, many football fans will have probably heard of The Football Supporters’ Federation (FSF) and Supporters Direct (SD) – maybe without realising their differences […]
To be, or not to be: that is the question: Perhaps it’s overly dramatic, maybe even misguided, to cross-reference Shakespeare’s famous soliloquy, which seeks to get to the core question of human existence, with football. Nevertheless, there’s a debate rumbling around the Canary Nation, as we contemplate a third Championship season, this time without parachute […]
As the 2017-18 Championship season meanders towards a painfully drawn out conclusion, with Norwich City unfortunately destined for a mid-table finish, the prospect of a third consecutive season a second-tier level inevitably beckons. What will make 2018-19 season different to the proceeding two seasons is the loss of the Premier League parachute payments, as the […]
It’s that time of year again, isn’t it – where the combinations of a bad run of form, the Club’s annual accounts, together with the forthcoming Annual General Meeting, that’s left many fans questioning the direction in which the Club is going? Many of my fellow writers have already alluded to the need, in their […]
As my train trundled out of London, destined for Charlton, I was afforded a few moments of reflection. A lot has happened since my last visit to the Valley back in February 2015. That particular game was Alex Neil’s sixth in charge and arrived a amidst a sequence of 13 away games that saw […]
June 2017 has been something of a landmark month for the Canaries. Not only has it been the 115th anniversary of the club, it’s also seen the formal arrival of its first overseas head coach plus his chosen backroom staff, four new players (almost unheard of in these parts in June), the end of the […]
The Board have recently said that they’re undertaking their own strategic review – the evidence suggests it’s desperately required. It needs a huge dollop of realism, accompanied with an open and honest debate on the Club’s vision and identity. Whether we get that is another matter.
Being “debt free” is, or should I say, was, a snapshot at a moment in time – in our case, taken from our accounts at the end of June. However, by the time the accounts are actually released several months later, they’re already effectively out of date.
That would now be more than enough right there to rebuild the City Stand – plus a Ross McCormack if you fancied it – and give the purchaser a 60 per cent controlling interest in the club. The markets have, apparently, been trawled before for potential investors – perhaps, now, with City in a much better position financial health than previously, is a time to revisit the options?
Last time we were in this league our wage bill was actually 97 per cent of our total turnover, even having regard to the then relegation clauses and the subsequent promotion bonuses – that’s unsustainable long term without Premier League football.
The club’s DNA is currently entwined with a self-funding model, a seemingly old fashioned model of simply spending what we can afford. Many are questioning, as commendable though that is, whether it is actually now sufficient to survive in the Premier League beyond the odd season or three? Whatever your view, it raises two recurring themes, which seem to be “in vogue” throughout football at the moment: club ownership and additional investment.
Our 18 goals have actually been scored by TEN different players, with Nathan Redmond being top-scorer with FOUR goals. Perhaps more telling, our main three strikers – Cameron Jerome, Dieumerci Mbokani and Lewis Grabban – have just FIVE goals between them.
Alex Neil does have the benefit of a squad with much greater Premier League experience that the two promotion rivals, even if the cynics may suggest, some most part of the relegation team from the season before last.
For the past decade the Hitchin Town Supporters Trust has been raising funds each year to help pay the players’ wages. However, that doesn’t go anywhere near telling the whole storey, as the club’s problems are much bigger.
If there’s one thing we’ve all learnt during Alex Neil’s brief tenure it’s that he has a meticulous eye for preparatio rarely seen before at Carrow Road. And it’s that which is highly likely to set him apart from his counterparts at Bournemouth and Watford.