Chair on Radio Humberside Sat pm

Philip Day; Last minute addition to their line up; coming up very shortly

On now.

Quoted from ex-merseymariner

Philip Day; Last minute addition to their line up; coming up very shortly

He means another person on the board

GTFC not in danger of folding.

Quoted from ex-merseymariner

Philip Day; Last minute addition to their line up; coming up very shortly

Summary of what said early on;
Mike White interviewing; asks season ticket pack mentions 'crisis'; have things got worse since we last spoke?
Day; not got worse, but EFL have promised a rescue package for clubs, but EFL aren't making a lot of progress with Premier League, so it is becoming a crisis.  We werent asked about returning to work, we were told.
EFL clubs facing £200 million black hole by September, its nearly September, black hole still there!
Premier League haven't made a decision yet. Possible commercial loan.

Cashflow is satisfactory, but looking to end of season, critical cash situation by Feb/March!
Projected income £1million down.  Losing a million in tickets/commercial is a very heavy blow.

White asked; delay frustrating? look at transfer fees?
Day;  tv income is 3 billion, 200million would really help.
White; danger of folding?
Day; no. we will take whatever steps necessary to prevent that.  we were in a healthy position at start of pandemic, plus staff and supporters been tremendous. can guarantee we will get through it. there will still be a club next year and the season after.

(talked about Fenty support, talked about the season ticket letter and covid19 clause.)

I can't type fast enough to keep up!

Should be available online later, the saturday sport programme on bbc humberside usually is.....

Well why dont they ask Tom Shutes to re-negotiate, ask him to go ahead with the ground, and put money behind the Club. Its all to do with the Freemoaffair and keeping in touch with Fenty. We had a great offer(presumably) from Tom, and its been kicked into touch. Shutes hasnt gone to all this trouble by drawing up plans for a new ground and establishing the Docks as something futuristic, and GTFC just kick him in the b*lls. We had a reputable wealthy person willing to build a futuristic ground, giving us fans what we deserve. Its all about money and keeping Fenty on board with his beloved Council. Sold down the river again, Council first, fans second, end of rant.

Quoted from dicko995

Well why dont they ask Tom Shutes to re-negotiate, ask him to go ahead with the ground, and put money behind the Club. Its all to do with the Freemoaffair and keeping in touch with Fenty. We had a great offer(presumably) from Tom, and its been kicked into touch. Shutes hasnt gone to all this trouble by drawing up plans for a new ground and establishing the Docks as something futuristic, and GTFC just kick him in the b*lls. We had a reputable wealthy person willing to build a futuristic ground, giving us fans what we deserve. Its all about money and keeping Fenty on board with his beloved Council. Sold down the river again, Council first, fans second, end of rant.

Blimey that's some quality wibble.
Must have started early today Dicko.

Quoted from dicko995

Well why dont they ask Tom Shutes to re-negotiate, ask him to go ahead with the ground, and put money behind the Club. Its all to do with the Freemoaffair and keeping in touch with Fenty. We had a great offer(presumably) from Tom, and its been kicked into touch. Shutes hasnt gone to all this trouble by drawing up plans for a new ground and establishing the Docks as something futuristic, and GTFC just kick him in the b*lls. We had a reputable wealthy person willing to build a futuristic ground, giving us fans what we deserve. Its all about money and keeping Fenty on board with his beloved Council. Sold down the river again, Council first, fans second, end of rant.

I'm all for Shutes vision for the new stadium but I thought I saw on here Shutes isn't that wealthy?

Quoted from ex-merseymariner

Philip Day; Last minute addition to their line up; coming up very shortly

might have something to do with me moaning about Hullberside on twitter lol

Quoted from dicko995

Well why dont they ask Tom Shutes to re-negotiate, ask him to go ahead with the ground, and put money behind the Club. Its all to do with the Freemoaffair and keeping in touch with Fenty. We had a great offer(presumably) from Tom, and its been kicked into touch. Shutes hasnt gone to all this trouble by drawing up plans for a new ground and establishing the Docks as something futuristic, and GTFC just kick him in the b*lls. We had a reputable wealthy person willing to build a futuristic ground, giving us fans what we deserve. Its all about money and keeping Fenty on board with his beloved Council. Sold down the river again, Council first, fans second, end of rant.

Unbelievable!! It's as if the last 5 months never happened!!

It grates with me that the Premier League aren’t helping a great deal, but there’s surely enough clout in the upper echelons of the EFL (ie ex Premier League chairmen) to get this sorted.

Quoted from MuddyWaters

It grates with me that the Premier League aren’t helping a great deal, but there’s surely enough clout in the upper echelons of the EFL (ie ex Premier League chairmen) to get this sorted.

I’ve never expected a handout from the a Premier League - they don’t have to so they won’t. What they do have though is the ability to borrow money money very cost-effectively, much more so than the EFL because they carry virtually zero credit risk. I suspect that as an individual club, Town couldn’t borrow a bean right now.

A £1m loan secured at an interest rate close to zero, repayable over say ten years would be a life saver for a club like Town and an easily manageable debt.

They have no obligation to do so, but borrowing that money and passing it on is the least the Premier League can do at a time when altruism is more important than ever.

Quoted from MuddyWaters

It grates with me that the Premier League aren’t helping a great deal, but there’s surely enough clout in the upper echelons of the EFL (ie ex Premier League chairmen) to get this sorted.

I was listening the RH earlier and they explained about this 200 mill for the EFL but nothing has happened yet.  I've heard this mentioned a few times it's the Premier League that are forcing clubs to play" but not sure how, surely clubs need to play to get any money in whether it be limited attendances or online streaming.  Unless clubs wanted to delay the start of the season.

Quoted from Meza

I was listening the RH earlier and they explained about this 200 mill for the EFL but nothing has happened yet.  I've heard this mentioned a few times it's the Premier League that are forcing clubs to play" but not sure how, surely clubs need to play to get any money in whether it be limited attendances or online streaming.  Unless clubs wanted to delay the start of the season.

Certainly we didn’t appear to want to start as soon as we are. There’s a very fine balance between trying to get back to normal and continuing to protect public health.

Unbelievabe fans

I understand football is not a massive part of the economy but it is a big part of many people's lives, even people who don't attend many games in person.

It's very disappointing that the government are treating it as such a low priority. It's seemingly more important to them keeping coffee shop chains afloat than it is businesses that have been part of our landscape for over a century.

Quoted from MuddyWaters

Certainly we didn’t appear to want to start as soon as we are. There’s a very fine balance between trying to get back to normal and continuing to protect public health.

and saving money.......there is no way the club have protecting public health at the top of their agenda on this.....if they could start the season with open doors tomorrow they would do, If they could start tomorrow behind closed doors with guarantees of income from the league...they would do.....they are a business....not care in the community.
The reason we dont appear to want to start is that we dont as its currently losing us money to start.  

Quoted from GrimRob

I understand football is not a massive part of the economy but it is a big part of many people's lives, even people who don't attend many games in person.

It's very disappointing that the government are treating it as such a low priority. It's seemingly more important to them keeping coffee shop chains afloat than it is businesses that have been part of our landscape for over a century.

There’s a very real danger that the population will soon not have a great deal to look forward to. People are reluctant to go back to their offices, reluctant to send their kids back to school and reluctant to get on with their life. There’s no guarantee of a fully effective vaccine within the near future.

Why would the premier league just hand out cash to clubs outside of their remit? Similarly, why are the EFL literally just sat cap in hand?

All seems to reinforce the ineptitude of the EFL and their lack of willing to solve their own problem. Are they just pushing it back on the top flight.

Was there any light shed on why we were unable to get any pre season games? Was there any praise for some fans dipping their hands in their pockets?

Was there any explanation as to why we, as a club, felt the salary cap was a good idea?

From what I’ve read he basically said we won’t go bust (not sure as many will as people think) and the EFL are waiting for a hand out of some sort.

I’m normally first for having a go at the club but what Day has effectively said is the EFL are useless and are pushing everything back on them and suggesting they run the game. Any mention about the FA in there? All seems too easy for the EFL to blame or say they’re waiting for someone else...

Quoted from MuddyWaters

It grates with me that the Premier League aren’t helping a great deal, but there’s surely enough clout in the upper echelons of the EFL (ie ex Premier League chairmen) to get this sorted.

How many of the “ex Premier League chairman” care about anything else other than getting back on the Premier League gravy train or securing a big slice of any windfall? They’d never be representative of anything other than their own self interest.

As much as they deny it, football club chairmen are only in it to make money from their investment. They are happy to invest in their own club if they will benefit from it, but asking them to fund lower league football would bring out the  inner 'Scrooges' in them. Asking them for money would be like Bob Cratchett asking for another lump of coal on the fire. They care not.

Bah humbug!

If National league clubs were looking to the EFL clubs for help, would we offer anything? The answer is unlikely...just because there’s huge disparity in cash and the likes doesn’t mean premier league clubs will want to help us...and actually, why should they.

We might not like it but it is what it is...some clubs at our level may argue teams like GTFC have hindered, slowed or hampered their chances of progressing by voting for a salary cap.

It seems this, for clubs like town could and is likely to be the next itv digital. The EFL just waiting around hoping for some big clubs and a league to hand cash down seems like they’re not actually arsed and clubs doing the same is ridiculous...

Football is not pivotal in supporting the economy.  However, it does represent a key distraction for people who are generally very critical of the Government.  

Football is part of the psyche and spirit of the British people for over a hundred years.  Any Government should ignore the importance and impact of football at their peril.

interview here - https://www.bbc.co.uk/sounds/play/p08q0sfg

Interesting to hear him clarify the covid clause in the contracts of new players. He also mentioned a "salary sacrifice" that the new players are working under until such time as crowds return. No wonder we got three players for the price of Rose and Cardwell.

I think those clauses and salary sacrifices etc. are probably the reason we’ve found it hard to recruit. Is it for the benefit of the club? Who knows? Time will tell I guess, if we struggle and dangle perilously close to relegation then perhaps it will have hurt us, yes we may have w club but we’ll have drifted in to the abyss, AGAIN.

If we finish mid table I’m sure it will be seen as a shrewd move.

I can see why players would be reluctant to take it though and would look elsewhere. Out of interest, anyone know of any other clubs doing something similar?

Quoted from aldi_01

I think those clauses and salary sacrifices etc. are probably the reason we’ve found it hard to recruit. Is it for the benefit of the club? Who knows? Time will tell I guess, if we struggle and dangle perilously close to relegation then perhaps it will have hurt us, yes we may have w club but we’ll have drifted in to the abyss, AGAIN.

If we finish mid table I’m sure it will be seen as a shrewd move.

I can see why players would be reluctant to take it though and would look elsewhere. Out of interest, anyone know of any other clubs doing something similar?

Mr Day mentioned that it was the League 2 clubs who asked the EFL to draw up a template covid clause for their use, but some of them decided not to use it, which he found strange. Seems to me that some clubs have decided they have a better chance of attaining their targets if they don't include it, which is what happened in the case of Theo Robinson choosing Port Vale over us. Suppose some clubs are still gambling with their finances if a lockdown happens again, but they may be in a better position financially to do so than we are. Don't know if any other clubs have the "salary sacrifice", which i find an odd phrase, but at least it's a new one in the pantheon of GTFC phrases over the years. "Football fortune" has taken a back seat for a while i imagine.

Premier League is run for profit
Championship upper half is run to get in the PL
Any club outside that is run for the love of the club/ego trip/living the dream etc. Anyone who buys a lower league club for the money must have a screw loose
Most PL teams are owned by none UK nationals with no understanding of our footballs history or place in the culture. That's why they don't give a jot about the FA Cup and why they wouldn't lose a wink if half of league 2 went bust

Quoted from buckstown

Premier League is run for profit
Championship upper half is run to get in the PL
Any club outside that is run for the love of the club/ego trip/living the dream etc. Anyone who buys a lower league club for the money must have a screw loose
Most PL teams are owned by none UK nationals with no understanding of our footballs history or place in the culture. That's why they don't give a jot about the FA Cup and why they wouldn't lose a wink if half of league 2 went bust

Your last couple.of sentences arent necessarily wrong, but it's not just a nationality thing.... almost 20 years ago ex man utd chief exec peter.kenyon, who then worked at chelsea, famously said he only wanted 40 clubs not 92.   It's not limited to foreigners, although admittedly foreign ownership may be a factor, there are plenty of brits who dont care about leagues 1 and 2 too sadly, and many employed at top clubs or just loving corporate hospitality etc...

How many clubs would the chilwell transfer fee save? Or what if messi decided to give a weeks wage to a random lower division club?! Etc etc

Feels like the club has a plan for the the immediate future the most important thing is that the club comes through this period of uncertainty without burning the cash reserves it has.

I know many aren’t overwhelmed with the summer signings but clearly we’ve cut out cloth accordingly and though I want better this coming season I’d be happy with some stability in and off the pitch, the rest will come later I’m sure.

You’ll see the Mansfield’s of this world bigging up what in reality are average signings and the like of Swann doing the PR bit at every opportunity but in reality I’d imagine pretty much most of the clubs in L2 are fragile in the current climate.

Wonder what will happen in march /april if that's when the financial tipping point comes? Go part time would be the obvious answer.
I bet they are praying that several clubs get involved in a bidding war for pollock

It’s easy to blame the top flight or foreign owners for the issues in football but it’s much more than that.

I think the EFL or clubs like ours sitting and waiting for them to help us out is a little daft. It’s not a guarantee and there’s no hard evidence to say it’ll be forthcoming.

As a club we seem to have some sort of plan; ours is overly cautious and based on ensuring the club simply exists in a year or so. Some will have their own views on that.

For other clubs, they’ve seen this as an opportunity to speculate and go for it, possibly assuming the league may not be as competitive and it’s a good chance to go up and move forward. Again, some may think this a big gamble, others see it as positive speculation.

I don’t think clubs being on the brink is a league 2 issue, I suspect it goes across all the leagues but it is what it is. In reality we’ve only lost Bury recently; Christ, Bolton were on the brink and were purchased and then borrowed 40m...

Depends how cynical you are too, the more dependent we become on top flight clubs and the league you can see the B team or ‘feeder’ club approach becoming even more of a reality...

Quoted from MuddyWaters

It grates with me that the Premier League aren’t helping a great deal, but there’s surely enough clout in the upper echelons of the EFL (ie ex Premier League chairmen) to get this sorted.

Not surprising. It was Portsmouth's refusal to pay Town £300k after the ITV Digital fiasco that put us in the deep mess financially that we still haven't recovered from. That money, together with Dudley Ramsden's "gifted" £300k would have paid of a lot of the debt including HMRC. (Remember, Town were close to being wound up over that debt)

The answer is to become self sustainable and not rely on others. If a "grant" becomes available, then take it, but don't rely on it to develop a future budget.

Quoted from malkamalka

Not surprising. It was Portsmouth's refusal to pay Town £300k after the ITV Digital fiasco that put us in the deep mess financially that we still haven't recovered from. That money, together with Dudley Ramsden's "gifted" £300k would have paid of a lot of the debt including HMRC. (Remember, Town were close to being wound up over that debt)

The answer is to become self sustainable and not rely on others. If a "grant" becomes available, then take it, but don't rely on it to develop a future budget.

Thought it was Leicester to be honest. Mind you, I've tried to blank out that part of Town's history