Peter Venkman
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« Reply #525 on: Friday, June 7, 2019, 09:03:36 » |
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Shit, they're really in the brown stuff then. Cheers JJ (and Reg for the historical perspective!)
They are struggling, some staff have not been paid yet for last month (not the players as far as I know) and they are suffering from cashflow problems as they normally rely upon season ticket sales in the close season to keep the club going. The current owner is refusing to give them any extra funding, which is understandable. Could be a season of struggle for them coming, that is if they get past the current predicament and nothing more serious happens.
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horlock07
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« Reply #526 on: Friday, June 7, 2019, 09:44:54 » |
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They moved didn't they from the place with the infamous slopey pitch, do they actually own their existing ground or is it a Kassam situation?
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Peter Venkman
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« Reply #527 on: Friday, June 7, 2019, 12:17:05 » |
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They moved didn't they from the place with the infamous slopey pitch, do they actually own their existing ground or is it a Kassam situation?
They do own thier own ground and that makes up almost the full takeover cost of the club. They sold the old sloping pitch to developers who built the Tesco on the site as its pretty much the centre of the town. That funded tbe new ground in about 1990. The new ground is on land that is currently developing massively and has been marked for building a Sainsbury next to the ground with the club owning the land. Which was why the yank wanted the club. Been a lot of talk about Yeovil wanting to sell the land for further development and the club moving further out of town. The development is the major selling point to any future buyer. Their owner Fry has been abused a lot by Yeovil fans for refusing to invest any of the money from the breif jaunt into the Championship. Fry used thst venture to get the money back he invested in getting the club into the football league. Repaying loans of well over £10m to himself and not putting anything back into the club. Upsetting the fans in the process as the team fell down the leagues.
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The Artist Formerly Known as Audrey
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« Reply #528 on: Friday, June 7, 2019, 12:25:13 » |
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And during their brief sojourn in the Championship he voted against L1 and L2 clubs getting a higher % of TV income.
Fuck him.
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Peter Venkman
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« Reply #529 on: Friday, June 7, 2019, 12:46:41 » |
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And during their brief sojourn in the Championship he voted against L1 and L2 clubs getting a higher % of TV income.
Fuck him.
They also got decent transfer fees for several players including £1.5m for Chris Cohen to Forest. Not a well liked man down here.
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« Reply #530 on: Monday, June 10, 2019, 11:59:02 » |
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So maybe Bury & Yeovil going out of existence ? that will be a huge slap for the FL to lose 2 clubs
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Peter Venkman
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« Reply #531 on: Monday, June 10, 2019, 12:03:12 » |
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So maybe Bury & Yeovil going out of existence ? that will be a huge slap for the FL to lose 2 clubs
Would Yeovil be considered part of the FL since they were relegated? if Bury do fold then in an ironic turn of events it could mean that Yeovil are reinstated in L2? Aldershot were reprieved by Gateshead folding in the Conference a week or so ago so it could be a possiblility. The next couple of weeks could be interesting.
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Reg Smeeton
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« Reply #532 on: Monday, June 10, 2019, 12:07:31 » |
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Would Yeovil be considered part of the FL since they were relegated? if Bury do fold then in an ironic turn of events it could mean that Yeovil are reinstated in L2? Aldershot were reprieved by Gateshead folding in the Conference a week or so ago so it could be a possiblility.
The next couple of weeks could be interesting.
I missed the Shots reprieve.... it's something that seemed to happen quite often to FGR.
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horlock07
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« Reply #533 on: Monday, June 10, 2019, 12:11:03 » |
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Aldershot were reprieved by Gateshead folding in the Conference a week or so ago so it could be a possiblility.
Just to be a light fitting, the Heed didn't/haven't folded, have been taken over but have been demoted into National League North after various misdemeanours last year under the old ownership (confirmed at the AGM last week), they are staying full time, have secured a new lease to use the ground and hopefully will get back up at the first try. One beneficiary has been Oxford City who were going to be placed into the National League North next season but with the Heed replacing Aldershot they can fit in the National League South. https://www.sunderlandecho.com/sport/more-sport/the-full-story-on-gateshead-s-national-league-demotion-as-new-owners-react-plus-2019-20-home-ground-confirmed-1-9811684
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« Last Edit: Monday, June 10, 2019, 12:14:00 by horlock07 »
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RobertT
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« Reply #534 on: Monday, June 10, 2019, 12:22:09 » |
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Yeovil would be in trouble in the NL - they don't take any messing with the financial side, chucking clubs down several divisions when necessary.
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Peter Venkman
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« Reply #535 on: Monday, June 10, 2019, 12:25:38 » |
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There are so many clubs flying close to the wind, Bury, Hartlepool, Bolton, Blackburn, Yeovil, Notts County, Southend, Ipswich, Oxford, Oldham, Ebbsfleet, Macclesfield, Morecambe and Crawley have all had windng up orders or been taken to court oe nor paid players/staff in the last 6 months. Manyy of them several times.
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swindonmaniac
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« Reply #536 on: Monday, June 10, 2019, 12:28:15 » |
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There are so many clubs flying close to the wind, Bury, Hartlepool, Bolton, Blackburn, Yeovil, Notts County, Southend, Ipswich, Oxford, Oldham, Ebbsfleet, Macclesfield, Morecambe and Crawley have all had windng up orders or been taken to court oe nor paid players/staff in the last 6 months. Manyy of them several times.
People complain about Power, myself included, but without him would we be added to that list ?.
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Peter Venkman
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« Reply #537 on: Monday, June 10, 2019, 12:29:40 » |
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People complain about Power, myself included, but without him would we be added to that list ?.
If Jed was still at the club then thats a definate yes.
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pauld
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« Reply #538 on: Monday, June 10, 2019, 15:13:04 » |
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If Jed was still at the club then thats a definate yes.
If Jed was still at the club, there wouldn't be a club to be on the list
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« Reply #539 on: Tuesday, June 11, 2019, 11:58:47 » |
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I think the main one in trouble at the moment is Bury, I don't think they have the money for administration and have no money coming in over the close season so unless something happens in the next week or so they could surely then put in liquidation perhaps
Bolton seem to have a few bidders sniffing around them,but surely nothing will be done in time to stop them falling through the leagues with no squad built, and of course the FL still have to deal with them refusing to play a match, so you would image that will be an extra points deduction when the FL decides to deal with it.
Then there is Blackpool who appear to being run the the receivers...
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