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Grimsby's worst ever moments

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arryarryarry
July 3, 2020, 3:40pm
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Quoted from TownSNAFU5
Just scanned through.  Did anyone mention the ITV Digital collapse?

We were the club most affected.



Why were we the club most affected?
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cmackenzie4
July 3, 2020, 3:40pm

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I have a mate called Ian Livingstone I got mixed up, it’s an age thing  


Grimsby and proud!
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GollyGTFC
July 3, 2020, 4:22pm

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Quoted from arryarryarry


Why were we the club most affected?


Our total turnover in 2001/02 was £6.35m of which £3.83m was from television revenue. So 60% of our turnover was from ITV digital and that was lost overnight.

The following season our turnover dropped to £3.84m of which £1.13m came from television revenue.

We had the highest % of turnover coming from television revenue in 2001/02 and therefore lost the most as a percentage of turnover. Our turnover dropped 40% from the ITV digital season to the following season when Sky bought back the rights for a pittance.

We went from a club making a £1.4m profit to one that had to cut its budget by 25% and just managed to break even.

Add to that the transfer market in the FL collapsed so previously saleable assets we had like Danny Coyne and Phil Jevons suddenly became worthless as no one had any money to spend.
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grimsby pete
July 3, 2020, 5:10pm

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Quoted from cmackenzie4
I have a mate called Ian Livingstone I got mixed up, it’s an age thing  


You wait to you get to over 70 Chris you will to forget your own name.


                             Over 36 years living in Suffolk but always a mariner.
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                               First game   April 1955
                               
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TownSNAFU5
July 3, 2020, 5:24pm
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GollyGTFC provided a very good answer.

Town suffered disproportionately due to their (small) size compared to other bigger clubs.  We were more at risk in absorbing the financial impact of the ITV Digital crash.
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grimsby pete
July 3, 2020, 5:44pm

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Braintree away losing 5-0 in our first season non league.

Brought me down to earth along with a lot of other town fans.

We did not think it would be easy to win this league but did not see us losing 5-0 to a part time team.


                             Over 36 years living in Suffolk but always a mariner.
                             68 Years following the Town

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Hagrid
July 3, 2020, 6:23pm

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It was 100% our second season pete
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Ipswin
July 3, 2020, 6:26pm
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Quoted from cmackenzie4
I have a mate called Ian Livingstone I got mixed up, it’s an age thing  


You sure it wasn't you who got the bang on the head?



On bended knee is no way to be free - Peter R de Vries

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Ipswin
July 3, 2020, 6:28pm
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Quoted from Posh Harry


Ssshhh. Don’t tell Swin 😉


If thats the worst moment he can think of he hasn't seen many GTFC games



On bended knee is no way to be free - Peter R de Vries

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mariner paul
July 3, 2020, 6:42pm
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For me relegation from the football league to six seasons of non league football was our lowest point ever
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