steve82
Well-Known Member
Well to quote Chris Anderson on the sale at the time it's a loaded deal.
Chris Anderson: Maddison deal will benefit club over the long-term
Chris Anderson: Maddison deal will benefit club over the long-term
no chance imo
15% max i think
which would still get us more than a million i imagine. think he will got for 10-15m in todays market
One of their local rags said they were under no pressure to sell so I am not sure that is totally correct.
That would be more likely - young players moving for the first time normally have a much higher % of any of any resale priceI heard 20%
They have just sold Pritchard I think.
They have sold Pritchard to Huddersfield, but from what I have seen they were under no pressure to sell anyone in this window.
They sold Murphy for £12m in the summer and also offloaded;
Ruddy
Bassong
Whittaker
Bennett
Mulumbu
Turner
Lafferty
Who were all in the higher reaches of the wage bracket at Carrow Road.
With Pritchard being sold it would suggest it's even less unlikely for Norwich to listen to offers for Maddison.
Some Wolves fans seem to think it's a done deal however.
Well to quote Chris Anderson on the sale at the time it's a loaded deal.
Chris Anderson: Maddison deal will benefit club over the long-term
From what I heard Robo they have a problem with players like Naismith on huge contracts who have no resale value
They'll have great difficulty offloading this type of player unless it's on loan with Norwich still paying the bulk of their wages
Time will tellNaismith has offers from Hearts and Rangers, he will soon be off the wage bill - potentially albeit on loan and Cameron Jerome looks to be off as well this window.
I can't imagine with the players that they've sold (Pritchard and Murphy) they're going to be struggling this window.
Time will tell
It's terrible for fans of clubs that over extend themselves
They end up with guys at the end of their careers on huge contracts that have to be honoured and the only way of funding it is to sell the young players who are the club's future
Plus the cost of paying up Alex Neil's contract
Time will tell
It's terrible for fans of clubs that over extend themselves
They end up with guys at the end of their careers on huge contracts that have to be honoured and the only way of funding it is to sell the young players who are the club's future
Plus the cost of paying up Alex Neil's contract
These accounts show the performance between 16/17, however Norwich have since sold Jacob Murphy for £12, halved their wage bill with high earners like Ruddy leaving.
A lot can change from June 17.
I think it's likely to be more like 25%
I don't understand your point? Yes a lot can change but the sale of Jacob Murphy was probably deemed a necessity sacrifice for Norwich F.C. to remain competitive in the Championship this season - on and off the pitch. Those figures would have improved due to player sales alone. Like I said as they were not successful in getting promoted a significant amount of internal funding would've been needed to comply with FFP. The longer a club stagnates in a league, the more money it's likely to lose on commercial revenue. E.g. Attendances, advertising, boxes etc. Especially when a club isn't doing well on the pitch - note Norwich's current position in the Championship. Norwich's turnover has already fallen from 100m to 75m last year - it's impossible for their owners to rescue this freefall alone without breaking the current rulings. If the owners cannot make up this windfall where do you think the income is sourced? So surely I was correct in inferring that they are under pressure to sell?
Yes key earners have been offloaded, but look at the names that have already come in since the summer. They need to remain competitive in the transfer market each season so how is this funded? Gone are the days where owners pump millions of pounds into the club due to FFP rulings therefore more and more clubs are transitioning themselves as 'player selling clubs' - something that is a relatively new entity for those such as Norwich.
A total of 8 players have been acquired by undisclosed fees this season with the likes of James Husband and Grant Hanley at the likely forefront of Norwich F.C's expenditure this summer. It's a safe assumption that a proportion of their summer transfer activity would have been funded by the £12 million (before tax) income of the Jacob Murphy sale. Like I previously mentioned - player sales is clearly needed to remain competitive. It's clearly a trend and not a coincidence that two of their key players have been sold in two corresponding transfer windows.
It's premature to suggest they would've halved their wage bill as they still have some significant high-earners on their pay roll. Especially with the amount of incoming players they have signed this season. Also note who is remaining at the club: Russell Martin, Stevan Naismith, Cameron Jerome, Wes Hoolahan, Matt Jarvis. Like I previously mentioned, Hanley and Husband would've been at the forefront of their spending this summer and I cannot see them being on minimal wages. But you could spin this and infer that for a club with the stature of Norwich only bringing in just two notable Championship promotion winning players suggests money is in fact tight?
I saw the comments in the bold before I started reading - what stature does Norwich have?!
As a consistent Championship promotion favourite?
Tongue in cheek I would imagine.
Beg my pardon it's not really a stature is it, Norwich have been up and down for as long as I can remember.
They're a club that has failed on several occasions to stabilise itself in England's top division, I don't believe that is something to aspire too.
Easily nearer 15m and that's a bargain.
Wolves are spending silly money so 15m is nothing to them it seems.
You're not understanding my point whatsoever are you. When did I mention Norwich being a club to aspire to? Bit of an odd comment considering I've just been detailing how their financial model is failing for the past few posts. Plus, you've just contradicted your initial point completely by labelling them as unstable?
What so you categorically disagree that Norwich's financial model has shifted towards a 'player selling' direction due to the fact that they have failed in succeeding in promotion to the Premier League two years running - and as a result because other revenue streams have dried up?
Actually no.
Are you saying Nick meant it? I didn’t take it that way. I thought Nick was clearly saying it tongue in cheek myself.
Their finances have been Balls(ed) up.
Ed Balls: Norwich City chairman warns of 'financial challenges' if no promotion
Give us a decent budget for next year though
I don’t know what your talking about. I said it. The disappeared Dongo believed Haynes if played as a wing back had the potential to be the new Bale.
Someone else compared Hussey to Bale after a win at York in a cup game.