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Post by glosblue on Mar 31, 2020 12:31:44 GMT
There was mention last week I think that a Board meeting of the directors was scheduled for Monday evening (yesterday).
What was the outcome of that, please?
I realise I may be coming across as a broken record, but as fans we still have no real visibility as to the plan for the club to get through the crisis. Are we able to furlough some/all our staff, including players? Are we ending those contracts which can be ended reasonably cost-effectively? Based on reducing costs such as those, how long will our cash reserves last compared to our remaining outgoings, and therefore what is the financial shortfall we need to bridge through fund-raising?
Thus far I have given the benefit of the doubt to our directors and volunteers, who do a great job in normal circumstances. However, the continuing lack of this detail is not good enough, and - as a co-owner (like most of the rest of us) - it's not acceptable that we simply sail along with broad statements of 'we'll get through this' or initiatives for fundraising, excellent though they are.
This is an existential threat to the club; other clubs big and small are making significant changes to the way they are being run, but we still have no clear idea of our plan or the specifics.
Please respond, in detail, through the official site.
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Post by Oaks Blue on Mar 31, 2020 14:24:25 GMT
There was mention last week I think that a Board meeting of the directors was scheduled for Monday evening (yesterday).
What was the outcome of that, please?
I realise I may be coming across as a broken record, but as fans we still have no real visibility as to the plan for the club to get through the crisis. Are we able to furlough some/all our staff, including players? Are we ending those contracts which can be ended reasonably cost-effectively? Based on reducing costs such as those, how long will our cash reserves last compared to our remaining outgoings, and therefore what is the financial shortfall we need to bridge through fund-raising?
Thus far I have given the benefit of the doubt to our directors and volunteers, who do a great job in normal circumstances. However, the continuing lack of this detail is not good enough, and - as a co-owner (like most of the rest of us) - it's not acceptable that we simply sail along with broad statements of 'we'll get through this' or initiatives for fundraising, excellent though they are.
This is an existential threat to the club; other clubs big and small are making significant changes to the way they are being run, but we still have no clear idea of our plan or the specifics.
Please respond, in detail, through the official site.
Has it crossed your mind that the club is waiting for the league to decide what is happening to the current season? In addition this 80% salary funding scheme isn't live yet and business can't yet claim anything. So I think we are right to say nothing until we know more
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Deleted
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Post by Deleted on Mar 31, 2020 17:06:10 GMT
There was mention last week I think that a Board meeting of the directors was scheduled for Monday evening (yesterday).
What was the outcome of that, please?
I realise I may be coming across as a broken record, but as fans we still have no real visibility as to the plan for the club to get through the crisis. Are we able to furlough some/all our staff, including players? Are we ending those contracts which can be ended reasonably cost-effectively? Based on reducing costs such as those, how long will our cash reserves last compared to our remaining outgoings, and therefore what is the financial shortfall we need to bridge through fund-raising?
Thus far I have given the benefit of the doubt to our directors and volunteers, who do a great job in normal circumstances. However, the continuing lack of this detail is not good enough, and - as a co-owner (like most of the rest of us) - it's not acceptable that we simply sail along with broad statements of 'we'll get through this' or initiatives for fundraising, excellent though they are.
This is an existential threat to the club; other clubs big and small are making significant changes to the way they are being run, but we still have no clear idea of our plan or the specifics.
Please respond, in detail, through the official site.
I assume you submitted these questions to the much publicised Q&A that was held? if so some of your answers might be here. www.chesterfc.com/2020/03/31/news-all-your-chester-fc-questions-answered/haven't had a chance to go through it myself yet, so apologies if your questions haven't been answered.
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