jollysuperstar wrote:Instead of having a pop at other contributors lets get some facts on here.
Firstly the major worry announced last night was that the Trust raised a meagre £30K against costs of £2.2 million!
Clearly as stated by various board members this cannot continue as we were the lowest revenue raiser using this trust model.
The worry again as stated was that the club cannot rely on Cup runs each season plus a big transfer fee coming along.
That is why they asked the question.
It appears that trust membership fees will need to be raised considerably or maybe another share issue organised.
The promise of putting the £700K from the cup run is now dead and buried as stated by the board.
There was no need for anybody to kick off as virtually every board member got involved in the dialogue.
I had good dialogue with Rob, Ryan, Kevin & Gavin who did a good job as did Shaun last night.
You may also be interested to know that there will be no money coming from Evans via his recent transfer or International caps, this came directly to me from Gavin.
If he had remained at Wolves we would of obtained a fee for International appearances.
The Commercial lady was reported as being very unwell and will not be returning for a little while longer.
The board have stepped in though to cover.
What seems to be a major stumbling lock is the ever increasing charges being levied on the club by the WRU.
Anyway a far better meeting last night with the best turnout of the 4 this season.
Finally why not save yourself £50 by purchasing your season ticket before the end of the month.
Everything will be closed during June as we move into sharing the Rugby facilities under the Bisley.
Forgot to state we have £40K in the bank and the only debt is still paying Scadding.
That's not right, it's £30k for a club with a turnover of £2.2m.
Was expecting a barrage of questions aimed at GF but, surprise surprise, this never materialised. Though I guess it's easier to do so on here than to his face.