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Post by bs10er on Oct 19, 2017 17:59:43 GMT
Well I am just off there in a few minutes,hope it is worth it!
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Post by peterparker on Oct 19, 2017 18:24:25 GMT
We are currently losing money hand over fist, even with the larger crowds!!!!!!!!! If we continue the overall debt will become unsustainable. Perhaps we need an explanation why? I think Toni the Till has given answers to that in the past and Nick Higgs. Usually mentioning new stadium etc, etc
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Post by Topper Gas on Oct 19, 2017 18:32:38 GMT
We are currently losing money hand over fist, even with the larger crowds!!!!!!!!! If we continue the overall debt will become unsustainable. Perhaps we need an explanation why? I think Toni the Till has given answers to that in the past and Nick Higgs. Usually mentioning new stadium etc, etc TTT suggested the break even was 9,500 working on the basis that we'd get in transfer fees or directors loans etc, now it's apparently a whooping 15,000 according to SH, so where does the extra 6,000 fans money go, paying for 6% interest on the loan/Development Squad??
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Post by peterparker on Oct 19, 2017 18:36:10 GMT
I think Toni the Till has given answers to that in the past and Nick Higgs. Usually mentioning new stadium etc, etc TTT suggested the break even was 9,500 working on the basis that we'd get in transfer fees or directors loans etc, now it's apparently a whooping 15,000 according to SH, so where does the extra 6,000 fans money go, paying for 6% interest on the loan/Development Squad?? T.Watola could have said anything, and I am not sure I would beleive him anymore than anyone else. The finance man who never had an idea what relegation would cost us and didnt think about as we were only in the relegation zone for 70 mins
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Post by BishopstonBRFC on Oct 19, 2017 18:45:38 GMT
I think Toni the Till has given answers to that in the past and Nick Higgs. Usually mentioning new stadium etc, etc TTT suggested the break even was 9,500 working on the basis that we'd get in transfer fees or directors loans etc, now it's apparently a whooping 15,000 according to SH, so where does the extra 6,000 fans money go, paying for 6% interest on the loan/Development Squad?? Where has the 6% come from?
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Post by Topper Gas on Oct 19, 2017 18:48:38 GMT
TTT suggested the break even was 9,500 working on the basis that we'd get in transfer fees or directors loans etc, now it's apparently a whooping 15,000 according to SH, so where does the extra 6,000 fans money go, paying for 6% interest on the loan/Development Squad?? Where has the 6% come from? Apparently our accounts show we're paying 6% interest on our loans, or £500K+ p.a, whats not clear is if that's being withdrawn as a payment to the owners or just added to the overall debts, something somewhere is adding £2m p.a. to our annual debts/
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Post by Severncider on Oct 19, 2017 19:58:17 GMT
I think Toni the Till has given answers to that in the past and Nick Higgs. Usually mentioning new stadium etc, etc TTT suggested the break even was 9,500 working on the basis that we'd get in transfer fees or directors loans etc, now it's apparently a whooping 15,000 according to SH, so where does the extra 6,000 fans money go, paying for 6% interest on the loan/Development Squad?? We are employing a lot more backroom staff amongst other things.
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Post by aghast on Oct 19, 2017 20:22:43 GMT
TTT suggested the break even was 9,500 working on the basis that we'd get in transfer fees or directors loans etc, now it's apparently a whooping 15,000 according to SH, so where does the extra 6,000 fans money go, paying for 6% interest on the loan/Development Squad?? We are employing a lot more backroom staff amongst other things. I haven't read a satisfactory explanation as to why we are losing so much money with a modest playing budget, 50p spent on the Mem, and big attendances at our level.
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Post by dinsdale on Oct 19, 2017 20:44:41 GMT
Where has the 6% come from? Apparently our accounts show we're paying 6% interest on our loans, or £500K+ p.a, whats not clear is if that's being withdrawn as a payment to the owners or just added to the overall debts, something somewhere is adding £2m p.a. to our annual debts/ I havent seen that in the accounts
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Post by Topper Gas on Oct 19, 2017 20:57:14 GMT
Apparently our accounts show we're paying 6% interest on our loans, or £500K+ p.a, whats not clear is if that's being withdrawn as a payment to the owners or just added to the overall debts, something somewhere is adding £2m p.a. to our annual debts/ I havent seen that in the accounts Apparently it takes a decent accountant to work it out.
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Post by daniel300380 on Oct 19, 2017 21:54:17 GMT
Well I am just off there in a few minutes,hope it is worth it! Any news or rumours to report?? Lol
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Post by toddy1953 on Oct 19, 2017 22:03:34 GMT
Well I am just off there in a few minutes,hope it is worth it! Any news or rumours to report?? Lol Rumour that it's bolognese for tea tomorrow - a reliable sauce
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Post by seanclevedongas on Oct 19, 2017 22:04:22 GMT
They said what you would expect them to say which basically rubbishes the rumors (but nothing new that hasn't been said before)
Family in it for the long run Dwane sports own the club Colony is on track owned by Dwane Colony which is an offshore company which means there are additional tax issues that they have been working through, expect to be all sorted by February SH pushing for 18k minimum stadium but hopefully 20k Expect to be constructed stand by stand so no need to move out during construction
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Post by Okebournegas on Oct 19, 2017 22:09:24 GMT
They said what you would expect them to say which basically rubbishes the rumors (but nothing new that hasn't been said before) Family in it for the long run Dwane sports own the club Colony is on track owned by Dwane Colony which is an offshore company which means there are additional tax issues that they have been working through, expect to be all sorted by February SH pushing for 18k minimum stadium but hopefully 20k Expect to be constructed stand by stand so no need to move out during construction Thanks for posting
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Post by daniel300380 on Oct 19, 2017 22:09:28 GMT
They said what you would expect them to say which basically rubbishes the rumors (but nothing new that hasn't been said before) Family in it for the long run Dwane sports own the club Colony is on track owned by Dwane Colony which is an offshore company which means there are additional tax issues that they have been working through, expect to be all sorted by February SH pushing for 18k minimum stadium but hopefully 20k Expect to be constructed stand by stand so no need to move out during construction Although it will be good if we don't have to move out. Will take longer and probably cost a lot more, doing it stand by stand. Plus I don't think they will be able to do it as good, doing it that way. Was the pitch not going to be moved before etc? Don't think there is the space to do it where it is and to build other facilities to bring in much needed revenue streams.
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Post by Deleted on Oct 19, 2017 22:29:42 GMT
They said what you would expect them to say which basically rubbishes the rumors (but nothing new that hasn't been said before) Family in it for the long run Dwane sports own the club Colony is on track owned by Dwane Colony which is an offshore company which means there are additional tax issues that they have been working through, expect to be all sorted by February SH pushing for 18k minimum stadium but hopefully 20k Expect to be constructed stand by stand so no need to move out during construction Can't someone ask if it can be designed for future expansion?
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Post by bs10er on Oct 19, 2017 22:42:41 GMT
No replacement for Yates as a defence coach,although they have been talking about it recently. Pies; Clarks and Pieminister (both local) were amongst the samples on the tasting night. Plans for the club shop to be improved(no details yet) Marcus Stewart said,as far as they were concerned,since the takeover,they have been given everything they had asked for. etc,etc
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Post by seanclevedongas on Oct 19, 2017 22:44:00 GMT
They said what you would expect them to say which basically rubbishes the rumors (but nothing new that hasn't been said before) Family in it for the long run Dwane sports own the club Colony is on track owned by Dwane Colony which is an offshore company which means there are additional tax issues that they have been working through, expect to be all sorted by February SH pushing for 18k minimum stadium but hopefully 20k Expect to be constructed stand by stand so no need to move out during construction Can't someone ask if it can be designed for future expansion? The point was made that the further up we go it is all about the TV money and capacity is less important (as per Brentford) so unlikely I would have thought
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Post by Bourne End Gas on Oct 19, 2017 22:45:55 GMT
Colony is on track owned by Dwane Colony which is an offshore company which means there are additional tax issues that they have been working through, expect to be all sorted by February
Sorry but think this is trying to buy more time ! Surely can't take this long to sort this out ?
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Post by Deleted on Oct 19, 2017 23:21:19 GMT
Can't someone ask if it can be designed for future expansion? The point was made that the further up we go it is all about the TV money and capacity is less important (as per Brentford) so unlikely I would have thought That's a good point to be fair but to be honest a bigger stadium would entice more fans
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