Lincoln's plea for cash

Some good info on Grimsby Town here >> [url=http://www.extra-gtfc.co.uk/accounts2/index.html]http://www.extra-gtfc.co.uk/accounts2/index.html[/url]

Quoted from grimsby pete

We do not owe the bank,

Just that nice Mr Fenty who does not want it back.

Losing nearly 1 million in 2011 was absolutely wreckless, I'm glad the club has learned from this.  I guess 2014/15 we will lose around 200-300K again, but it's either that or have the fans moaning about going part-time, or not competitive enough.

People seem to have this fantasy imagination that some rich guy will come in when the club would lose 300k a season with a competitive budget, I don't think they would.

Once we aquire a new stadium and we at least can break even, I think we will be more attractive to the people who want to play "Own a Football Club."

Our festive games against them in recent years have probably been one of the highlights of our time in non league.

#prayforlincoln

Quoted from Nelly GTFC

Some good info on Grimsby Town here >> [url=http://www.extra-gtfc.co.uk/accounts2/index.html]http://www.extra-gtfc.co.uk/accounts2/index.html[/url]
Losing nearly 1 million in 2011 was absolutely wreckless, I'm glad the club has learned from this.  I guess 2014/15 we will lose around 200-300K again, but it's either than or have the fans moaning about going part-time, or not competitive enough.

People seem to have this fantasy imagination that some rich guy will come in when the club would lose 300k a season with a competitive budget, I don't think they would.

Once we aquire a new stadium and we at least can break even, I think we will be more attactive to the people who want to play "Own a Football Club."

I didn't know the club paid Newell's bar bills.

Quoted from grimsby pete

We do not owe the bank

£338,150 for 2014? Page 19, bottom right >> [url=http://www.extra-gtfc.co.uk/accounts2/accounts/2014/index.html]http://www.extra-gtfc.co.uk/accounts2/accounts/2014/index.html[/url]

Good luck to the Gimps  
Be a shame to lose them but really their lack of fans has to be the main problem,I cant blame them for not going either with the shite big boot football they've had to put up with over the last 30 years

Football at our level and probably the next level or two above isn't a viable banking proposition as Lincoln have found. The Co-Op want repayment and despite touting the business around no other banks are interested. Banks will still finance sustainable, profitable businesses but football clubs simply don't fall into that category.  Non predictable cash flow with small chance of repaying loans unless, to quote a certain gent, they get football fortune. Unfortunately fortune isn't an acceptable proposition to the banks.

Sad reflection of the football world when there is so much money at the top level with players being paid such substantial sums and agents and even the chairman of the PFA taking obscene amounts from the game.

Should there be a more even distribution of wealth or is it the survival of the fittest like in the animal kingdom?

If they did go bust at least we wouldn't lose any points.

Quoted from Abdul19

If they did go bust at least we wouldn't lose any points.

Oh the irony! Lincoln could actually benefit us in going up  

How soon before the maths table of lost points is published ?

Quoted from WOZOFGRIMSBY

Oh the irony! Lincoln could actually benefit us in going up  

That would be the irony of all ironies especially after they gloating like no one had ever gloated before when we crashed into the abyss.

I would have some sympathy for the genuine Lincoln fans like Helgy but not the biftas that inhabit Gimps Vital, fcuk them.