Latest GTFC Financial Results Released...

Here we go again !

Quoted from MuddyWaters

I'm still slightly bemused as to why this might be a good thing bearing in mind the losses & loans racked up due to the mismanagement of the club.

What we’d like to happen and what happens in reality can be different things. Given Fenty is not going to write off the debt, and if you think his control has been bad for the club, then every pound paid back is a step in the right direction.

Quoted from golfer

Here we go again !

Sorry golfer. We’re not all forelock tuggers.

Quoted from golfer

Here we go again !

Thanks for the recommendation Golfer.... nice one!  

https://www.youtube.com/watch?v=7RclqsuLXlo

Quoted from KingstonMariner

What we’d like to happen and what happens in reality can be different things. Given Fenty is not going to write off the debt, and if you think his control has been bad for the club, then every pound paid back is a step in the right direction.

Given that we're unlikely to make similar profits every year, that means at least six more years! And furthermore, are we taking £150k plus out of the playing budget year on year to facilitate the pay-back?

Quoted from KingstonMariner

Sorry golfer. We’re not all forelock tuggers.

I am definitely not a yes man and don't follow the crowd. As far as I am concerned every man is equal no matter how much money they have got-it's just that some are more equal than others.  P.S. -it's years since I tugged anything.

Quoted from KingstonMariner

Sorry golfer. We’re not all forelock tuggers.

Forewhat tuggers?

Love him or hate him Fenty has every right to take back part of his loans when we are in profit (Or even if we are not). Its not our money, nor does it belong to the playing budget (Even if another £200k would probably help).The sooner he can get all his money back the better bet we are for someone to take over and move us forward.

In the meantime we're stuck in limbo limping along with a cack-a$$ budget while he pays himself back. It is what it is I guess, so long as he stops once he got his fair dues and doesn't keep bleeding us dry. Then finally we can maybe look to a brighter football.

Until then plenty of moaning and groaning at the fayre on offer I'm afraid.

Profit, loss, loans paid, loans unpaid.. what does it matter in the grand scheme of things unless there's significant change?

Managed to return to BP after more than ten years away recently and was pretty shocked when looking around. Expected it to look a little more spruced up after the claims from the club and expected a little more in the way of better facilities and club/customer interaction. Amazing what a false image a few photos online can project. It's even scruffier and much more soulless than I remembered.

I'm sorry to say.. all I saw was a decaying club/ground with a sparseish home support made up of a majority of middle-aged to old-aged men going to a game out of duty or hanging on to the dying embers of a love affair. No buzz, no excitement, no sparkle and the football wasn't any better.

Maybe it's only clearly apparent when visiting once in a blue moon. Fairly upsetting to witness first hand evidence of what I've perceived for a long time to be a slow and painful demise without significant investment arriving from somewhere.

There's competence in balancing the books but there's no glory or credit to be given in it. Far from it. Any accountant can do that. A football club's performance is not solely measured on a balance sheet or a profit and loss account. Just look at our facilities, look at our team over the past few years. We look and sound like a football club lying there on a life support machine compared to most of the 91. Nothing more , nothing less. Anyone who can say anything else is fairly deluded or blindly loyal imho..

I wish things were different.. but they just aren't..