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Post by agl on Mar 9, 2021 14:59:10 GMT
Should you wish to crow, their secretary's email address is ddelldell@aol.com, and here's the email I just sent: I must write to say how much I enjoyed the recent whining statement by your chairman about the non-award of a grant to your club. The brass neck displayed was jaw-dropping. Perhaps if you as a club hadn’t behaved so disgracefully in the cloak and dagger allocation of the initial lottery grant – which rewarded you and your tiny fanbase many times over compared to what you should have received, and unfairly penalised many others – you might have been looked on more favourably. What goes around comes around. Your disgraceful behaviour will be long remembered in the wider football community. Yours sincerely, Bit childish really. fair enough, though 😂
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Post by Si on Mar 9, 2021 15:36:57 GMT
To be fair, the principle of what he is saying is right, and it's exactly why we wouldn't have been successful with a grant because we may have just enough cash reserves to see us through. It seems you've only got a chance of getting it if you are in the shit. It's just kinda funny because it's them, and they weren't moaning when they got the generous lottery grant a few months ago.
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Post by lincolnexile on Mar 9, 2021 15:48:22 GMT
To be fair, the principle of what he is saying is right, and it's exactly why we wouldn't have been successful with a grant because we may have just enough cash reserves to see us through. It seems you've only got a chance of getting it if you are in the shit. It's just kinda funny because it's them, and they weren't moaning when they got the generous lottery grant a few months ago. That's why our board was right to vote for null and void. We'd have got no grant because we have no debt and are well run financially. It's penalising those who are careful and don't live beyond their means, it will be interesting to see which clubs are successful with their grant applications. Can you imagine the uproar if Chesterfield are successful if they apply?
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Post by glosblue on Mar 9, 2021 15:49:13 GMT
Not sure it's particularly childish. Borehamwood were party to a stitch-up that effectively stole over £100k from us, so taking an opportunity to remind them of that when it arises is the least they deserve, imho.
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Post by delamereal on Mar 9, 2021 20:28:51 GMT
Should you wish to crow, their secretary's email address is ddelldell@aol.com, and here's the email I just sent: I must write to say how much I enjoyed the recent whining statement by your chairman about the non-award of a grant to your club. The brass neck displayed was jaw-dropping. Perhaps if you as a club hadn’t behaved so disgracefully in the cloak and dagger allocation of the initial lottery grant – which rewarded you and your tiny fanbase many times over compared to what you should have received, and unfairly penalised many others – you might have been looked on more favourably. What goes around comes around. Your disgraceful behaviour will be long remembered in the wider football community. Yours sincerely, Bit childish really.
Pot kettle black?
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Post by muffinthemule on Mar 12, 2021 16:47:58 GMT
Alliance Committee reject proposals for step 2 clubs to form mini league and support the original vote to null and void season at step 2. At least one governing body has integrity
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Post by glosblue on Mar 12, 2021 17:12:19 GMT
Well, hurrah for that. As you say, at least one governing body has made a good decision for once.
Cue the whiney, entitled bleating by those clubs who disagree.
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Post by Wortleyblue on Mar 25, 2021 9:37:31 GMT
Sports Winter Survival Package application denied link
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dhw
Full Member
Posts: 143
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Post by dhw on Mar 25, 2021 10:11:37 GMT
Sadly penalised for running a great club with financial prudence!! What a bloody joke.
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Post by Frank Owen’s Paintbrush on Mar 25, 2021 10:58:48 GMT
Sadly penalised for running a great club with financial prudence!! What a bloody joke. Not really “penalised” though are we? The survival package is designed to ensure clubs don’t go out of business. We should be delighted that we are in a position, thanks to our incredible fanbase and excellent financial management of the board, that we don’t qualify for emergency survival funds. Think how far we have come since January 2018. 👏👏👏👏
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Post by superman on Mar 25, 2021 11:03:10 GMT
I wonder if any clubs at our level have been successful?
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Post by chesterken on Mar 25, 2021 11:09:39 GMT
I wonder if any clubs at our level have been successful? Would be interesting to know if Dover applied.
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dhw
Full Member
Posts: 143
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Post by dhw on Mar 25, 2021 12:03:21 GMT
Sadly penalised for running a great club with financial prudence!! What a bloody joke. Not really “penalised” though are we? The survival package is designed to ensure clubs don’t go out of business. We should be delighted that we are in a position, thanks to our incredible fanbase and excellent financial management of the board, that we don’t qualify for emergency survival funds. Think how far we have come since January 2018. 👏👏👏👏 In the context that clubs that have overspent, buying players that the business could not sustain, will be rewarded, but clubs like Chester that cut their cloth sensibly are not, then yes we are penalised. Reward those that can't manage their finances by bailing out is not great business to me, but offer support to those that are run tightly should be a priority. Not asking for hundreds of thousands, just asking that the pressure on keeping the club afloat without having to rely on fundraising and donations from fans is reduced. The board would love to have some certainty to plan for next season which could be eased if the original funding model was delivered....
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Post by devadiva on Mar 25, 2021 18:32:22 GMT
Too right ^
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Post by Frank Owen’s Paintbrush on Mar 25, 2021 19:11:30 GMT
The Government shouldn't be giving “emergency survival” handouts to clubs with more incoming than outgoing and a decent rainy day fund sitting in the bank. Yes, reckless clubs are given a lifeline, but the money they spend and debt they get themselves into is just the nature of football at all levels of the pyramid unfortunately.
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dhw
Full Member
Posts: 143
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Post by dhw on Mar 25, 2021 19:30:01 GMT
The Government shouldn't be giving “emergency survival” handouts to clubs with more incoming than outgoing and a decent rainy day fund sitting in the bank. Yes, reckless clubs are given a lifeline, but the money they spend and debt they get themselves into is just the nature of football at all levels of the pyramid unfortunately. So as fans, digging deep to support our club, should not be supported by government or the FA / NL etc, but clubs that aren’t run with balanced books should? Well that makes a lot of sense....
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Post by Wortleyblue on Mar 25, 2021 20:29:36 GMT
The Government shouldn't be giving “emergency survival” handouts to clubs with more incoming than outgoing and a decent rainy day fund sitting in the bank. Yes, reckless clubs are given a lifeline, but the money they spend and debt they get themselves into is just the nature of football at all levels of the pyramid unfortunately. So lets go into debt sign on too many players at inflated wages and get the Government to bail us out what a good idea
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Post by Frank Owen’s Paintbrush on Mar 25, 2021 20:53:45 GMT
The Government shouldn't be giving “emergency survival” handouts to clubs with more incoming than outgoing and a decent rainy day fund sitting in the bank. Yes, reckless clubs are given a lifeline, but the money they spend and debt they get themselves into is just the nature of football at all levels of the pyramid unfortunately. So lets go into debt sign on too many players at inflated wages and get the Government to bail us out what a good idea Who said that? And it’s an ironic post coming from you of all people - surprised you don’t think it’s genuinely a good idea. Listen lads, it is what it is. Just be happy we aren’t destitute enough to need a hardship fund. As I said earlier, it’s testament to our supporters and board.
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Post by chesterken on Mar 25, 2021 21:06:05 GMT
So lets go into debt sign on too many players at inflated wages and get the Government to bail us out what a good idea Who said that? And it’s an ironic post coming from you of all people - surprised you don’t think it’s genuinely a good idea. Listen lads, it is what it is. Just be happy we aren’t destitute enough to need a hardship fund. As I said earlier, it’s testament to our supporters and board. I’m sure in our heart of hearts the board didn’t think we would get any cash from this grant money but worth a cheeky punt, will be interested to see who if anyone gets any free money.
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Post by everhopeful on Mar 26, 2021 3:58:48 GMT
The Government shouldn't be giving “emergency survival” handouts to clubs with more incoming than outgoing and a decent rainy day fund sitting in the bank. Yes, reckless clubs are given a lifeline, but the money they spend and debt they get themselves into is just the nature of football at all levels of the pyramid unfortunately. So lets go into debt sign on too many players at inflated wages and get the Government to bail us out what a good idea Who said to do that? I've just read the thread again and I can't find anybody advocating that.
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Post by Neil Hunt Nonsense Potter on Mar 26, 2021 8:45:12 GMT
Who said that? And it’s an ironic post coming from you of all people - surprised you don’t think it’s genuinely a good idea. Listen lads, it is what it is. Just be happy we aren’t destitute enough to need a hardship fund. As I said earlier, it’s testament to our supporters and board. I’m sure in our heart of hearts the board didn’t think we would get any cash from this grant money but worth a cheeky punt, will be interested to see who if anyone gets any free money.£1million for this lot... Who announce this the same day... Some hardship huh?
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Post by Wortleyblue on Mar 26, 2021 9:34:00 GMT
I’m sure in our heart of hearts the board didn’t think we would get any cash from this grant money but worth a cheeky punt, will be interested to see who if anyone gets any free money.£1million for this lot... Who announce this the same day... Some hardship huh? Thats some debt to be repaid though wouldn't want that to be hanging over our heads I wonder what the repayment terms are
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Post by Frank Owen’s Paintbrush on Mar 26, 2021 9:36:44 GMT
We wouldn’t have that worry as per our constitution.
Also we’ve signed our best two players (who were being chased by higher league clubs) to contract extensions without the need for a survival package which goes back to my earlier post about how well run and within our means we are that we don’t have to rely on emergency survival funding.
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Post by chesterken on Mar 26, 2021 10:05:53 GMT
I’m sure in our heart of hearts the board didn’t think we would get any cash from this grant money but worth a cheeky punt, will be interested to see who if anyone gets any free money.£1million for this lot... Who announce this the same day... Some hardship huh? The hardship fund and the loan option are two different things we didn’t apply for the loan.
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Post by muffinthemule on Mar 26, 2021 10:06:40 GMT
£1 million debt. No thanks. If original terms where correct then its payable back over 20 years. That's £50,000 per year. If theres nothing to payback for 3 years then that increases to near £60,000. Hope the owner has very deep pockets and stays the full term. Unsustainable at non league level.
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Post by Neil Hunt Nonsense Potter on Mar 26, 2021 12:40:47 GMT
Already £1m in debt to their town and county councils for their takeover. Its racking up.
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Post by Si on Mar 26, 2021 13:14:19 GMT
Can't think of too many clubs that have acted more deplorably than Chesterfield throughout this whole pandemic. The way they abused the furlough scheme was completely against what it was set up for, and I can't imagine those furloughed staff took it that well when they realised it was purely to bring in new players. Then taking on risky loans like that.....they are going to need a Bob Grey cup run pretty soon I'd imagine. Makes me glad for how our board run this club.
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Post by keysersoze on Mar 26, 2021 13:56:20 GMT
£1 million debt. No thanks. If original terms where correct then its payable back over 20 years. That's £50,000 per year. If theres nothing to payback for 3 years then that increases to near £60,000.Hope the owner has very deep pockets and stays the full term. Unsustainable at non league level. That's excluding any interest too isn't it? That's some burden to carry for that length of time.
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Post by muffinthemule on Mar 26, 2021 15:24:11 GMT
It says loan is just under £1M. So say £1M with interest. Think rate originally mentioned was 2%
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Post by Lobster on Mar 26, 2021 18:23:25 GMT
southportfc.net/southport-fc-sanctioned/The NL just don't know when to stop digging, do they? What do they think they're achieving by fining clubs for not fulfilling fixtures in a null and void season?
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