Jason. The Guardian

Quoted from MuddyWaters

Trouble is that you can’t just change the rules because you don’t like them. We all know the club needed a reboot but the fans are turning up in droves and will continue to do so if the match day experience meets their expectations.
I understand the point but it’s part and parcel of football that some clubs are better funded than others even at levels below ours.

Exactly. He is talking like he was the owner of Dover FC rather than Grimsby Town. We have got more muscle than most in this division so let's use it. We cannot worry that some clubs might get bigger crowds than others, or more income from commercial activities any more than we can worry about some clubs having owners not afraid of spending their cash.

He seems to mention making a loss every time he makes a statement but he knew this was going to be the case, and despite all the good work done so far, and all the good work to come is it really feasible for a club of our size to be self-sufficient in terms of finance? If that is what he is aiming for we are likely to be in the lower divisions forever. Surely there have to be injections of investment if we are to progress?

Quoted from lew chaterleys lover

Exactly. He is talking like he was the owner of Dover FC rather than Grimsby Town. We have got more muscle than most in this division so let's use it. We cannot worry that some clubs might get bigger crowds than others, or more income from commercial activities any more than we can worry about some clubs having owners not afraid of spending their cash.

He seems to mention making a loss every time he makes a statement but he knew this was going to be the case, and despite all the good work done so far, and all the good work to come is it really feasible for a club of our size to be self-sufficient in terms of finance? If that is what he is aiming for we are likely to be in the lower divisions forever. Surely there have to be injections of investment if we are to progress?

I would accept that we’re likely to make a loss due to investment in the new training facility and due to Voldemort getting his money, but purely taking income gained through crowds against the club’s normal expenditure (all overheads including wages) I’d be shocked if we weren’t currently projected to make a profit. You can’t tell me it’s all bad, money-wise. It’s the performances on the pitch I’m worried about right now!

Quoted from lew chaterleys lover

Exactly. He is talking like he was the owner of Dover FC rather than Grimsby Town. We have got more muscle than most in this division so let's use it. We cannot worry that some clubs might get bigger crowds than others, or more income from commercial activities any more than we can worry about some clubs having owners not afraid of spending their cash.

He seems to mention making a loss every time he makes a statement but he knew this was going to be the case, and despite all the good work done so far, and all the good work to come is it really feasible for a club of our size to be self-sufficient in terms of finance? If that is what he is aiming for we are likely to be in the lower divisions forever. Surely there have to be injections of investment if we are to progress?

I'm struggling with this if I'm honest. We're getting a parachute payment and thousands in extra gate receipts and there seems to be a constant warning of financial losses at the club.
This article smacks of the kid that's had its' sweets nicked from their school bag - 'it's not fair, it's not fair'. There's many clubs up and down the football pyramid that have got to compete with others that have significantly greater spending power. We've got to get on with it.

Quoted from lew chaterleys lover

Exactly. He is talking like he was the owner of Dover FC rather than Grimsby Town. We have got more muscle than most in this division so let's use it. We cannot worry that some clubs might get bigger crowds than others, or more income from commercial activities any more than we can worry about some clubs having owners not afraid of spending their cash.

He seems to mention making a loss every time he makes a statement but he knew this was going to be the case, and despite all the good work done so far, and all the good work to come is it really feasible for a club of our size to be self-sufficient in terms of finance? If that is what he is aiming for we are likely to be in the lower divisions forever. Surely there have to be injections of investment if we are to progress?

Depends what you describe as self sufficient and how to approach that. Being self sufficient in non league seemed to be quite an accomplishment for JF and his gang when we were top end of the league  largely, trophy runs, Wembley visits etc...but then Hurst gets promoted and wages rise, staffing level demands increase, equipment etc etc , crowds didn't increase as the squad got decimated and we turned into a circus.

The current owners understand the value of investment to raising standards and income. Speculate to accumulate and be prepared to underwrite that, within their capability should it fail, if they overspend in year 1 and 2 with a plan that by year 3 the investment starts to pay dividend for instance.
The JF way always seemed to be ...this is our traditional income therefore that is what you can spend and if for any reason we don't achieve that income he would underwrite add any debt to his benign loans that he doesn't want back. That's why he could stand behind a " we made a profit " stance...the club may have been dying on its @rse all around him but he could only see he wasn't losing money so equated that to good management.

I think the sustainable, self sufficient model we are now aiming for will look a whole lot different to the former.

On the subject of losses or profits the accounts for the year ending 31 May 2021 haven’t been issued to shareholders or filed at Companies House yet.

Quoted from HerveJosse

On the subject of losses or profits the accounts for the year ending 31 May 2021 haven’t been issued to shareholders or filed at Companies House yet.

It’s only November!

They don’t have to be filed until the end of Feb.

Quoted from Knut Anders Fosters Voles

It’s only November!

They don’t have to be filed until the end of Feb.

Historically sent to shareholders and AGM held in November with appropriate notice given first.

I appreciate we’ve had years of being led by a skin flint who is now taking his stake back but can’t we just trust what Jason is saying and his informed view?

Quoted from HertsGTFC

I appreciate we’ve had years of being led by a skin flint who is now taking his stake back but can’t we just trust what Jason is saying and his informed view?

He can’t change the rules on his own though!

Quoted from MuddyWaters

He can’t change the rules on his own though!

Yeah I get that but one person usually has an idea at the start of most things.