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GTFC Huge loss

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JazzMariner
September 9, 2010, 1:43pm
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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.
Isn't he a life president? So not possible until he passes away!
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Paddymariner
September 9, 2010, 1:49pm
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Quoted from theicenian


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.



Oh! Thought you were talking about Fenty.
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theicenian
September 9, 2010, 1:50pm

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Quoted from JazzMariner
Isn't he a life president? So not possible until he passes away!



Nope, the only Life President we have is Dudley Ramsden.
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theicenian
September 9, 2010, 1:51pm

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Quoted from Paddymariner


Oh! Thought you were talking about Fenty.



Nope,   Paddy Hamilton.
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gtfc98
September 9, 2010, 1:51pm
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I wonder if Furneaux pays for his attendance at matches, and travel to away games. Would be interesting to see how much the average town fan spends a year on following the mariners (tickets, hotels, fuel, trains etc) and compare it to his poxy £500 he holds in shares.


No longer Sick of the BlueSquare  
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Denby
September 9, 2010, 1:54pm

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the wage bill stands at around £1.8m (!!!) compared to around £1.3m in 04/05.  fenty started off with a sensible and affordable budget but has allowed this to spiral out of control.  our operating loss has been around £600k for the last 2 seasons (ignoring player sales), this could of* been wiped out by keeping our the wage bill at a sensible level

fenty is funding (providing loans) for his own financial idiocy
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Biccys
September 9, 2010, 1:57pm
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This is quite worrying. How many times have we bemoaned Pompey, Rovrum, Ballmouth etc because of their overspending..... It would appear we're doing it but taking money from Fionas inheritance, not local businesses...


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https://www.easyfundraising.org.uk/causes/mariners-trust/
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Paddymariner
September 9, 2010, 1:57pm
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Quoted from theicenian



Nope,   Paddy Hamilton.



Yeah, I knew that really.
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Maringer
September 9, 2010, 2:03pm
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Regarding the wage bill this season, let's not forget how many shite players signed (or re-signed) by Newell have had their contracts paid up either partially or in full over the course of the past 12 months to get rid of them.

Hopefully, we won't see a similar situation with the current bunch and the wage bill will be a lot less this season.

At least, you'd have to hope that this was the case.
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935
September 9, 2010, 2:05pm
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Quoted from Denby
the wage bill stands at around £1.8m (!!!) compared to around £1.3m in 04/05.  fenty started off with a sensible and affordable budget but has allowed this to spiral out of control.  our operating loss has been around £600k for the last 2 seasons (ignoring player sales), this could of* been wiped out by keeping our the wage bill at a sensible level

fenty is funding (providing loans) for his own financial idiocy



THE ONLY FINANCIAL IDIOT HERE IS YOU. THERE IS THIS THING YOU SEE, CALLED INFLATION, AND THE WAY INFLATION WORKS IS IT MEANS THAT OVER TIME PRICES FOR GOODS AND SERVICES RISE, SO FIVE YEARS AGO THE COST OF 20 FAGS BY WAY OF AN EXAMPLE WAS 4 POUNDS, THEY NOW COST 6 POUNDS, WAGES RESPOND TO THIS.
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