£2.1m Losses

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Exile 1976

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£2.1m Losses

Postby Exile 1976 » February 10th, 2018, 4:21 pm

Reported by FGR for last season, following on from over £2m losses the season before...

https://www.gloucestershirelive.co.uk/s ... es-1196303
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Mike Kear

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Re: £2.1m Losses

Postby Mike Kear » February 10th, 2018, 4:37 pm

The fella will one day pull out like the Rushden scenario and that will be curtains for them.
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Taunton Iron Cider

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Re: £2.1m Losses

Postby Taunton Iron Cider » February 10th, 2018, 5:12 pm

Their wage bill is bigger than our turnover!
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Exile 1976

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Re: £2.1m Losses

Postby Exile 1976 » February 10th, 2018, 5:16 pm

Taunton Iron Cider wrote:Their wage bill is bigger than our turnover!



I know, I did a double take when I read that !
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George Street-Bridge

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Re: £2.1m Losses

Postby George Street-Bridge » February 11th, 2018, 10:06 am

Taunton Iron Cider wrote:Their wage bill is bigger than our turnover!


And whatever they were paying them, the manager had to recruit 10 new players in the January window because that bunch were taking them down.

They are potentially on thin ice in more ways than one. What would happen if Ecotricity became so successful someone made an offer he couldn't refuse and the new owners didn't share his enthusiasm?
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Taunton Iron Cider

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Re: £2.1m Losses

Postby Taunton Iron Cider » February 11th, 2018, 11:03 am

George Street-Bridge wrote:
Taunton Iron Cider wrote:Their wage bill is bigger than our turnover!


And whatever they were paying them, the manager had to recruit 10 new players in the January window because that bunch were taking them down.

They are potentially on thin ice in more ways than one. What would happen if Ecotricity became so successful someone made an offer he couldn't refuse and the new owners didn't share his enthusiasm?


FGR is but a plaything for Vince, if he sold Ecotricity it would be for mega bucks so probably nothing would change. I would eat veggie burgers too, if we had someone like him putting millions into the County and paying for a new ground. Let's not forget that these are not loans but donations, so no repayments to be made.
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penycwm county

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Re: £2.1m Losses

Postby penycwm county » February 11th, 2018, 11:48 am

Totally agree, if we had that type of donations from a multi millionaire we would be sticking two fingers up to the rest of the league.
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Amberexile

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Re: £2.1m Losses

Postby Amberexile » February 11th, 2018, 2:05 pm

Taunton Iron Cider wrote:
George Street-Bridge wrote:
Taunton Iron Cider wrote:Their wage bill is bigger than our turnover!


And whatever they were paying them, the manager had to recruit 10 new players in the January window because that bunch were taking them down.

They are potentially on thin ice in more ways than one. What would happen if Ecotricity became so successful someone made an offer he couldn't refuse and the new owners didn't share his enthusiasm?


FGR is but a plaything for Vince, if he sold Ecotricity it would be for mega bucks so probably nothing would change. I would eat veggie burgers too, if we had someone like him putting millions into the County and paying for a new ground. Let's not forget that these are not loans but donations, so no repayments to be made.


Isn't that what happened at TNS, the guy sold the company but continued to fund the club from his own fortune made from selling the company?
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George Street-Bridge

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Re: £2.1m Losses

Postby George Street-Bridge » February 11th, 2018, 4:32 pm

Yes, but it must all be on a much smaller scale.

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