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Old 05-09-2009, 09:53   #37
maccawozzagod
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Re: Can Someone Explain ?

Quote:
Originally Posted by Shurm View Post
and we might do ok again in the lower leagues but at least we will have a club...... What's better ?
whilst that is perfectly true Shurm the point of it all is that we are going to try to save the club and we're going to try to make it a competitive football league team.

Forget the arguments as to whether this that or tuther with the ASSF money because that option remains in the background. The Don wants the football club to stand on its own two feet and with the help of its fans and its residents we are going to do that. When we have raised the money the club will be solvent again and will go from strength to strength. The Don stated that as a business we have standard month to month supplier debts in line with a company of our size. He said that the debt ran from 2005/06 season and amassed due to penalties (how ironic) and interest charges. As a trading business we do alright from month to month and make money (not said but inferred). So, for three years - forgetting the tax burden, we have competed as an FL team on and off the pitch. We just don't have the money or resources to be really competitive.

Don't forget that as a club we are having to build the resources (community team, academy, commercial ops) that most of our rivals have had for years and years. It's a long slow process but we will get there.

The big plus was when Rob Heys stated that if we shift the debt here and now we will effectively be plus £18k per month on the budget as set out for the rest of the season. This money can then be used towards continuing the building process, such as £18k spent on enhancing the clubhouse this month and then next month 18k on enhancing the commercial ops, and then the next month 18k towards buying better players ec etc.

We shift the debt now, and then we'll see whats left of the club before we get too optomistic! (see thread on new stand)
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