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2017 Accounts (merged)

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Fish fryer
November 1, 2017, 9:44pm
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Dont forget we will also have had to pay Solihull for the sell on clause on Bogle
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forza ivano
November 1, 2017, 9:55pm

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So all in all an excellent set of accounts, with the result that we are on a far more even keel than we have been for years. The other nice thing is that 3 factors could still be advantageous to us. A if we could get any sort of FA cup run b if dembele was to go, as rumoured, in January and c) if osbourne or a.n. Other comes through and we are able to sell them on. Would be lovely to get to a position in 12 months time where jf is more or less paid on and we are basically spending what we bring in
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Vance Warner
November 1, 2017, 10:02pm
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Whatever the details of any sell on getting one million for a striker now playing at the top of the Championship isn't amazing business
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Grantley
November 1, 2017, 10:14pm
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Why on earth would he write off £2million, that’s a huge amount of money.


Jordan Magrew
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forza ivano
November 1, 2017, 10:15pm

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Quoted from Vance Warner
Whatever the details of any sell on getting one million for a striker now playing at the top of the Championship isn't amazing business


3 months into the season and bogle hasn't even played 2 hours of first team football. On that basis £1 million isn't a bad deal. You can argue anything with stats.......
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MuddyWaters
November 1, 2017, 10:17pm
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Playing devil's advocate, a 600k in media turnover and a 1 million inward transfer fee should result in a profit. The question is whether that additional income should have been spent/saved/used to reduce the debt.
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headingly_mariner
November 1, 2017, 10:47pm

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Quoted from Grantley
Why on earth would he write off £2million, that’s a huge amount of money.


Is it right to burden a football club with debt to pay for a catalogue of poor decisions and mismanagement?

Directors are no longer allowed to loan football clubs money, they have to gift it. This is becuase director loans are bad for football clubs. They burden clubs with debt and allow those lending the money too much power and control.

The "benign" loans have meant that anyone else taking Grimsby Town on is an unrealistic prospect. They have held this club back.

Having said all that it's great to see the club turn a profit.
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KingstonMariner
November 2, 2017, 2:18am
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Quoted from MuddyWaters
Playing devil's advocate, a 600k in media turnover and a 1 million inward transfer fee should result in a profit. The question is whether that additional income should have been spent/saved/used to reduce the debt.


Is that how much we get now through the League's telly deal?


Through the door there came familiar laughter,
I saw your face and heard you call my name.
Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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HertsGTFC
November 2, 2017, 8:33am

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Quoted from forza ivano
So all in all an excellent set of accounts, with the result that we are on a far more even keel than we have been for years. The other nice thing is that 3 factors could still be advantageous to us. A if we could get any sort of FA cup run b if dembele was to go, as rumoured, in January and c) if osbourne or a.n. Other comes through and we are able to sell them on. Would be lovely to get to a position in 12 months time where jf is more or less paid on and we are basically spending what we bring in


I agree a decent set of numbers, it could of and has been a lot, lot worse. though clearly there is still a lot to do the "non chairman" and the board have overall taken a sensible view on things.  

Whats the January Dembelle rumor?


"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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Tommy
November 2, 2017, 10:07am
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Anything in there about compensation payment to us from Shrewsbury for taking Hurst/Doig?

They would've paid us and someone on the Shrewsbury forum reckons he's heard it was close to £250k.


"The greatest mistake you can make in life is to continually be afraid you will make one."
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