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Latest GTFC Financial Results Released...

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mimma
November 1, 2019, 3:26pm
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At £10 a ticket at the Chelsea game don't think we are going to make much profit from that game.
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KingstonMariner
November 1, 2019, 6:21pm
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Good overall result, at least on the face of it.

I agree with Rich and FooW. Need to keep our heads.


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Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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forza ivano
November 2, 2019, 1:01pm

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Quoted from mimma
At £10 a ticket at the Chelsea game don't think we are going to make much profit from that game.


Think it will still come to a decent amount.I think someone mentioned c £75,000. Also worth noting that our average attendance is 6-7% up on last season which will also boost the coffers a bit
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HertsGTFC
November 2, 2019, 1:25pm

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Quoted from HertsGTFC
You have to dig into the detail to see if that’s an operating or net profit, the latter is after directors remuneration and transfer across to the balance sheet.

Loan repayments don’t come out of the trading accounts. It’s a decent result but the cash position and liabilities on the balance sheet are the numbers to scrutinise and truly measure success





"Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style  
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mimma
November 2, 2019, 1:33pm
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I'm no expert but what "director remuneration " are you referring to? If you mean a dividend then GTFC have never paid any dividend ever to any director.

Don't forget that our directors pay 30 grand a year to sit on the board.
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HertsGTFC
November 2, 2019, 1:49pm

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Quoted from mimma
I'm no expert but what "director remuneration " are you referring to? If you mean a dividend then GTFC have never paid any dividend ever to any director.

Don't forget that our directors pay 30 grand a year to sit on the board.


I’m not being specific to Town just basic accounting but generally Director Remuneration is dividend, pension, healthcare, P11D.


"Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style  
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mimma
November 2, 2019, 2:35pm
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Thanks for clearing that up Herts.

Don't think any of that applies to Town directors.
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bax
November 2, 2019, 3:01pm
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Quoted from mimma
I'm no expert but what "director remuneration " are you referring to? If you mean a dividend then GTFC have never paid any dividend ever to any director.

Don't forget that our directors pay 30 grand a year to sit on the board.


Which ones pay £30k a year?
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HertsGTFC
November 2, 2019, 3:07pm

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Quoted from mimma
Thanks for clearing that up Herts.

Don't think any of that applies to Town directors.


You would hope not wouldn’t you


"Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style  
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mimma
November 2, 2019, 3:09pm
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Wasn't there something on here a few weeks ago about the trust having to fork out this to remain on the board?
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