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GTFC Huge loss

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Lumpsleftbreast
September 9, 2010, 11:48am

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I bet we owe sky that money from Beagries hotel bills

Shocking reading though.Can see why the club rushed the Bennett deal through.


Gary Lump
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TWAreaTownSupporter
September 9, 2010, 11:48am
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On the positive side net current liabilities are massively down (mostly due to increase in debtors - Posh owing us money I guess).

We seem to have remarkably consistent matchday receipts over last 4 years (around £830k) with the exception of 08 when we went to Wembley. Commercial revenue has taken a bit of a battering on the catering front over the 4 years. We seem to have a "structural deficit" of £1/2m p.a. so really we ought to lose 6-10 players off the books (or equivalent in wage cuts) if we don't get promotion this season. The alternative is Mr Fenty and Mr Parker will have season tickets that cost them £1/4m each per year.
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Denby
September 9, 2010, 11:49am

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Quoted from Alfie
Keep up the good work, John.


i hope that's sarcasm
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Alfie
September 9, 2010, 11:51am
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Quoted from Denby


i hope that's sarcasm


What? Other than two successive £500K+ losses and a relegation out of the Football League, he's doing a fine job.
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Alfie
September 9, 2010, 11:51am
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Quoted from Roast Em Bobby
anyone got a link to the actual accounts?


http://extra-gtfc.co.uk/accounts2/
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psgmariner
September 9, 2010, 12:06pm

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Does Furneaux seriously only have £500 worth of shares or am I being thick?




http://www.miabcleethorpes.net
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Lord Sommet
September 9, 2010, 12:28pm
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He does.

20 Shares @ £25 each
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935
September 9, 2010, 12:46pm
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Do any of you guys insulting Fenty actually possess more than two brain cells.

1. There are 4 Clubs in the WORLD that make any profit.
2. It costs somewhere in the region of £750,000 to run a football club on an annual basis.
3. Gate reciepts alone will not cover that

Owning a football club is seen by most as infact a lobour of Love. As the company is Limited by Shares you may in fact discover that Fenty pays the losses- IE HE FUNDS YOUR FOOTBALL CLUB
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Helgy
September 9, 2010, 12:47pm
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I might be able to offer some help , i run the 12th man LCFC and we use the Easy Fund Raiser to raise money for our club.
I have signed up Lincoln's MP the club have adopted the EFR on their site and we have just handed over our first cheque to the club.
For every internet purchase you get a donation for example car insurance with Direct line gives a £35 donation ,home insurance £45 donation, a Tesco's grocery shop gets you £2.50.
It has 2000 retailers signed up and is easy to administer.

here's the link.

http://www.easyfundraising.org.uk/causes/the12thman/

If you do take this and it is a great way to earn free money pm me and i'll run you by some more info that you need.
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BIGChris
September 9, 2010, 12:54pm
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I thought GTFC ran some sort of similar website to the one Helgy is describing?
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