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GTFC Huge loss

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Paddymariner
September 9, 2010, 1:11pm
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Quoted from 935
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


In return for his loans, Fenty has a fixed and floating debenture. The value of his loans is very similar to the value of Blundell Park. Does this mean that he will not put any further funds in?
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mardy fish
September 9, 2010, 1:17pm
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Quoted from 935
2. It costs somewhere in the region of £750,000 to run a football club on an annual basis.

Citation required.
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gtfc98
September 9, 2010, 1:29pm
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Quoted from psgmariner
Does Furneaux seriously only have £500 worth of shares or am I being thick?


How about a fishy contribution to buy his shares and get that leech away from our club.

£20quid from me.


No longer Sick of the BlueSquare  
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MuddyWaters
September 9, 2010, 1:31pm
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Pensions seem to be still £170k a year?????????
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Lord Sommet
September 9, 2010, 1:33pm
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Quoted from BIGChris
I thought GTFC ran some sort of similar website to the one Helgy is describing?


They do.
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Lord Sommet
September 9, 2010, 1:33pm
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Quoted from gtfc98


How about a fishy contribution to buy his shares and get that leech away from our club.

£20quid from me.


Seconded.
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theicenian
September 9, 2010, 1:36pm

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



I've said it before and I'll say it again now, the best post-war chairman we have had only held 10 quids worth of shares.

The amount of shares held is not an indicator of whether you can be a board member or not. It is however a usual requirement that boardmembers hold at least a minimum amount.
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NorfolkImp
September 9, 2010, 1:38pm
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Quoted from gary_elton


If we get to round 1....Lincoln away please Mr. FA Cup man... oh yes.......  




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psgmariner
September 9, 2010, 1:40pm

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Quoted from theicenian



I've said it before and I'll say it again now, the best post-war chairman we have had only held 10 quids worth of shares.

The amount of shares held is not an indicator of whether you can be a board member or not. It is however a usual requirement that boardmembers hold at least a minimum amount.



It's cheaper than a season ticket I suppose. Can't fault his business acumen.




http://www.miabcleethorpes.net
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theicenian
September 9, 2010, 1:42pm

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Quoted from theicenian



I've said it before and I'll say it again now, the best post-war chairman we have had only held 10 quids worth of shares.

The amount of shares held is not an indicator of whether you can be a board member or not. It is however a usual requirement that boardmembers hold at least a minimum amount.



By the way I don't equate Mr.Furneeaux with the best chairman as I have no clue what he contributes to the board. Only he and the board will know this.
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