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 MuddyWaters |
| October 25, 2016, 10:08pm |
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Barley Wine Drinker  Posts: 14,107
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Scunthorpe's chairman has a link by marriage (I believe) to the Wilkos hardware retail empire so it may well be him rather than their whole board who is coming up with the readies.
As far as putting money in, it may be a bit of a drop in the ocean but the Trust put £30,000 into the coffers plus a lot more through extra purchases in the shop, "one-off" expenses and use of McMenemy's. The Mullins have contributed a significant amount but we just have to face the fact that at the moment there is no-one with the financial clout to spend freely-an issue faced by lots of clubs at our level and the one above.
Peter Swann is married to Karin Wilkinson and they sold their half-share in Wilko for a shedload of money. Alongside their interest in Scunny, they've got approximately 20 racehorses in training, some of which cost 200k. |
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| HackneyHaddock |
| October 25, 2016, 10:09pm |
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Fine Wine Drinker  Posts: 1,367
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All of which amounts to a necessary medium-to-long term strategy of getting the club up a league or two, with stable gates, a new ground and an credible-JF-exit-scenario, presenting it as an all-round proposition to a potential benefactor.
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| barralad |
| October 25, 2016, 10:19pm |
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Mariners Trust
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I hope you mean a not insignficant amount! These double negatives are a pain in the ar**
I know...slip of the finger. I've quickly amended it. I've no problem with their generous contributions at all.  |
| The aim of argument or discussion should not be victory but progress.
Joseph Joubert. |
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| barralad |
| October 25, 2016, 10:20pm |
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Mariners Trust
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Peter Swann is married to Karin Wilkinson and they sold their half-share in Wilko for a shedload of money. Alongside their interest in Scunny, they've got approximately 20 racehorses in training, some of which cost 200k.
Yeah but have they got any Cleethorpes donkeys?  |
| The aim of argument or discussion should not be victory but progress.
Joseph Joubert. |
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| HertsGTFC |
| October 25, 2016, 10:22pm |
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I was thinking about the performance of the current Town board and wondered what other people thought.
I wonder what people think about the ambition of the board, we spent 6 years in non league with a shrinking budget and managed to get out the season the fans raised 100k for transfer budget. Looking up the road at Scunny, they often pay transfer fees and their board are pumping money in trying to get them in the championship. I know the much maligned Mullens have put some money in to the budget recently, but is anyone else on the board putting money in that is not guarantees or loans? I see the suggestions of some for the new manager and think these would only go to an ambitious club in our league that pays well and has a bit of a transfer kitty.
Why does the club operate at a very small loss each year? Now that gate receipts and other revenue seem much closer to covering expenditure, surely if we aren't being overly ambitious the books can balance. I'm sure someone with a better knowledge of the accounts can tell me if I'm way off with this.
Though our board are possibly not the most engaging or throw money around like oil barons and shakes what it feels like is that they are not jeopardising the club by over stretching thing which is in reality the safest bet. Income may have gone up but I am sure costs have too, though some TV money etc... now we are back in the FL will help. I reckon making a small loss probably stops people calling in loans which if we had to pay back would hurt us. Like I say I think despite their complete lack of PR savvy they are doing what they can. I think it takes a brave man to invest in a football club as usually you don't get much back.............unless you do some kind of land/property deal on the back of moving to a new stadium, allegedly! |
| "Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style  |
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| BackHeelTony |
| October 26, 2016, 12:44am |
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I think the current board are doing a reasonable job at keeping us afloat and competitive at this level.
Not sure what the benefits are to having Mullins on the the board, other than keeping him sweet so that he keeps chucking some money in.
Realistically we need more investment to take us to the next level and hopefully the new stadium will help with this.
I believe JF will take us forward and feel reassured the mariners trust board members will help steady the ship if needed.
Onwards and upwards, more positives than negatives....
UTM
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| pizzzza |
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we just have to face the fact that at the moment there is no-one with the financial clout to spend freely-an issue faced by lots of clubs at our level and the one above.
You cannot know this for sure. Maybe there is but they are put off by having to pay £3m to pay off Fenty's benign loans. |
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| Maringer |
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I do find it amusing when people talk about 'investment' into a football club. This sort of indicates that there is some hope of a return from the money 'invested' where, in reality, it's just money down the drain. I suppose it is easier to say you're looking for 'investment' as opposed to a 'wealthy individual willing to lose money to boost his ego and profile'. I blame Jack Walker.  |
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| dapperz fun pub |
| October 26, 2016, 11:34am |
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I do find it amusing when people talk about 'investment' into a football club. This sort of indicates that there is some hope of a return from the money 'invested' where, in reality, it's just money down the drain. I suppose it is easier to say you're looking for 'investment' as opposed to a 'wealthy individual willing to lose money to boost his ego and profile'. I blame Jack Walker.
We need a David Ross type sugar daddy but highly unlikely I'm afraid ,why didn't the scunny guy want us ?? 3 million in debt and the worst council in the country probably had something to do with it  |
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| 97 |
| October 26, 2016, 12:02pm |
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Guest User |
Does anyone know how much TV money etc gets filtered down to League 2? I was always aware of the enhanced £1 million parachute payment if you go down to the conference (shudder) but never quite sure how much being in League 2 is worth.
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