Welcome, Guest.
Please login or register.
Fishy Forum Fishy Boards Archive › GTFC Net debt in the Fenty era
Users Browsing Forum
Googlebot and 119 Guests

GTFC Net debt in the Fenty era

  This thread currently has 21,893 views. Print
22 Pages Prev ... 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Next All Recommend Thread
KingstonMariner
May 18, 2019, 7:33pm Report to Moderator
Barley Wine Drinker
Posts: 15,521
Posts Per Day: 6.88
Reputation: 83.35%
Rep Score: +37 / -7
Approval: +13,970
Quoted from rancido



I agree , I think the budget was correct for the season but when relegation threatens it is possible that cash was thrown into signing players in the hope that it will stave it off. The crucial point is will that extra expense justify survival at that level?

The point about due diligence is significant but even so the club should maybe have been more wary of banking on it as a source of income. It's like a worker banking on his overtime to fund a loan on a new car and then finding his company have cut out all overtime. Although I've never experienced this I have worked with people who have.  


Yes clubs should take responsibility in those situations. What it showed is you cannot trust the FL to get it right.

But at that time you could excuse the clubs to some extent. And if they only budgeted on safe income (gate receipts more or less) then there was no hope of competing. If all had gone well with ITVD then we’d have been relegated with £3m in the bank.


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.
Logged Offline
Private Message
Reply: 170 - 215
Bigdog
May 19, 2019, 7:34pm Report to Moderator
Brandy Drinker
Posts: 2,552
Posts Per Day: 1.59
Reputation: 93.23%
Rep Score: +32 / -1
Approval: +9,000
And meanwhile, in recent weeks, Blackpool, an unfashionable lower league football club located in a rundown isolated seaside town with many social problems similar to our own has four different groups from all over the globe vying for takeover of the club..
Logged Offline
Private Message
Reply: 171 - 215
forza ivano
May 19, 2019, 8:44pm Report to Moderator

Exile
Posts: 11,377
Posts Per Day: 2.48
Reputation: 80.42%
Rep Score: +66 / -16
Approval: +6,246
Quoted from Bigdog
And meanwhile, in recent weeks, Blackpool, an unfashionable lower league football club located in a rundown isolated seaside town with many social problems similar to our own has four different groups from all over the globe vying for takeover of the club..


TBG they do have a slightly !pre illustrious history than we do plus a decent ground plus a following twice the size of hours. Apart from that you r spot on......
Logged Offline
Private Message
Reply: 172 - 215
RonMariner
May 20, 2019, 7:29pm Report to Moderator

Whiskey Drinker
Posts: 4,120
Posts Per Day: 1.00
Reputation: 83.7%
Rep Score: +33 / -6
Approval: +3,462
Quoted from scrumble
IIRC the FA cocked it up because ITV digitial, or the company that owned it, never actually signed the contract.



The FA cocked up by not ensuring a parent company guarantee from a worthless start up company with no assets.

Thus the owners Carlton and Granada just walked away scot free. It was an elementary mistake, and shows what muppets run the game.
Logged Offline
Private Message
Reply: 173 - 215
TownSNAFU5
May 20, 2019, 7:44pm Report to Moderator
Whiskey Drinker
Posts: 3,816
Posts Per Day: 0.98
Reputation: 71.54%
Rep Score: +30 / -13
Location: York
Approval: +3,380
ITV Digital:  

Ideally, companies and individuals should plan and forecast to meet all expenses in full, only taking income into account when it has been physically received - and keeping a small contingency to cover totally unforeseen events.
Logged Offline
Private Message
Reply: 174 - 215
chaos33
May 20, 2019, 8:00pm Report to Moderator
Special Brew Drinker
Posts: 8,519
Posts Per Day: 2.74
Reputation: 71.63%
Rep Score: +63 / -26
Location: The mountains
Approval: +10,284
Have Blackpool got a following twice the size of ours?
They averaged 5500 in a modern stadium in L1 last season. No more than we would get in the same situation. Possibly less than us. I’ve no idea what their away average support is but I doubt it’s as big as ours.


"You should do what you love while you can"
Logged Offline
Private Message
Reply: 175 - 215
pen penfras
May 20, 2019, 8:12pm Report to Moderator

Snakebite drinker
Posts: 408
Posts Per Day: 0.35
Reputation: 87.77%
Rep Score: +6 / 0
Approval: +297
Quoted from chaos33
Have Blackpool got a following twice the size of ours?
They averaged 5500 in a modern stadium in L1 last season. No more than we would get in the same situation. Possibly less than us. I’ve no idea what their away average support is but I doubt it’s as big as ours.


2010 to 2011 – Premier League     15,780
2011 to 2012 – Championship     12,809
2012 to 2013 – Championship     13,917
2013 to 2014 – Championship     14,213
2014 to 2015 – Championship     10,928
2015 to 2016 – League One     7,052

At some point fans started boycotting games too. We wouldn't be close to 10k average in the championship. Also, Blackpool is a much more internationally renowned town than Grimsby/Cleethorpes with millions more visitors a year. They've also been in the premier league recently so much more famous and the potential more obvious to an interested party.

Other than being located in a shithole on the coast, it's not got that many similarities with GTFC
Logged Offline
Private Message
Reply: 176 - 215
Bigdog
May 20, 2019, 8:26pm Report to Moderator
Brandy Drinker
Posts: 2,552
Posts Per Day: 1.59
Reputation: 93.23%
Rep Score: +32 / -1
Approval: +9,000
Quoted from pen penfras


2010 to 2011 – Premier League     15,780
2011 to 2012 – Championship     12,809
2012 to 2013 – Championship     13,917
2013 to 2014 – Championship     14,213
2014 to 2015 – Championship     10,928
2015 to 2016 – League One     7,052

At some point fans started boycotting games too. We wouldn't be close to 10k average in the championship. Also, Blackpool is a much more internationally renowned town than Grimsby/Cleethorpes with millions more visitors a year. They've also been in the premier league recently so much more famous and the potential more obvious to an interested party.

Other than being located in a shithole on the coast, it's not got that many similarities with GTFC


Even though they were in the Premier League and Championship Blackpool struggled to attract 10k home fans as you're not taking into account the huge away followings. Not much different to us if we had a stadium like theirs with a large away end and playing at the top end of the pyramid.

Yet again defeatism to the fore and instantly downgrade GTFC. What about Yeovil then? They've just attracted new investment. What plethora of false reasons are you going to give for Yeovil being a better proposal than Town?

Maybe the truth around our club's complete lack of new investment is closer to one of the following

A JF doesn't really want to relinquish control
B The board can't market a bag of crisps so how could they be trusted to market the sale of a football club properly
C GTFC sale is screwed because of the size of the outstanding loans compared to the value
D Who the hell knows GTFC is up for sale outside NE Lincs?
E A mixture of A, B, C and D

I'll go for E..
Logged Offline
Private Message
Reply: 177 - 215
chaos33
May 20, 2019, 8:27pm Report to Moderator
Special Brew Drinker
Posts: 8,519
Posts Per Day: 2.74
Reputation: 71.63%
Rep Score: +63 / -26
Location: The mountains
Approval: +10,284
Alright, but I might contend that what those figures show are a similar following to what we might expect had we been in the Prem and the championship in a modern stadium. Ditto their league one following in recent seasons. I’d say we were similarly supported clubs in essence. I don’t agree that they have twice the support we do, in context.



"You should do what you love while you can"
Logged Offline
Private Message
Reply: 178 - 215
The Old Codger
May 20, 2019, 8:31pm Report to Moderator
Special Brew Drinker
Posts: 9,894
Posts Per Day: 2.45
Reputation: 71.11%
Rep Score: +44 / -19
Approval: +18,658
Quoted from pen penfras


2010 to 2011 – Premier League     15,780
2011 to 2012 – Championship     12,809
2012 to 2013 – Championship     13,917
2013 to 2014 – Championship     14,213
2014 to 2015 – Championship     10,928
2015 to 2016 – League One     7,052

At some point fans started boycotting games too. We wouldn't be close to 10k average in the championship. Also, Blackpool is a much more internationally renowned town than Grimsby/Cleethorpes with millions more visitors a year. They've also been in the premier league recently so much more famous and the potential more obvious to an interested party.

Other than being located in a shithole on the coast, it's not got that many similarities with GTFC


More boardroom bull. Let’s look at Lincoln who have a similar catchment to us, they’ve trebled their home attendance in the last 4 years. Lies, damned lies and statistics.
Logged Offline
Private Message
Reply: 179 - 215
22 Pages Prev ... 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Next All Recommend Thread
Print

Fishy Forum Fishy Boards Archive › GTFC Net debt in the Fenty era

Back to top of page

This is not an official forum of Grimsby Town Football Club, the opinions expressed are those of the individual authors. If you see an offensive post then click "Report" on the relevant post. Posts will be deleted at the discretion of the moderators whose decision is final. Posts should abide by the Forum Rules. IP addresses of contributors together with dates and times of access are stored. The opinions and viewpoints expressed by contributors to The Fishy are their own and not necessarily those of The Fishy. The Fishy makes no claims that information dispersed through this forum is accurate or reliable. Also The Fishy cannot be held liable for any statements made by contributors of The Fishy.