Rumours club is in financial trouble ?

[MikeSB]

I see from the RSS Minutes just circulated that the request for £25k was put there, as being roughly what the 7 other directors had done, but obviously not Mark Beavan as our elected representative on the board. It was said it would be helpful, but not essential going forward when people asked if it meant we were in such trouble that £25k would make a difference.

I think the Chairman said the club would be losing X pounds being relegated and seems the Board are just making the loss up by their contributions. I don't think the academy will be an issue as the Chairman made a big sprose of that in his speech following LB's appointment as perm manager. I would still like to know how much we pay if anything but maybe the Board want to keep that information private? It could be they may want to air the possibility of fans buying shares etc?

[ShropshireAlex]

I think the Chairman said the club would be losing X pounds being relegated and seems the Board are just making the loss up by their contributions. I don't think the academy will be an issue as the Chairman made a big sprose of that in his speech following LB's appointment as perm manager. I would still like to know how much we pay if anything but maybe the Board want to keep that information private? It could be they may want to air the possibility of fans buying shares etc?

I would be interested if they do but of course it would mean some unpicking of the equal 12.5% shares agreed with the Hassell buyout.

[out0lunch]

I think the Chairman said the club would be losing X pounds being relegated and seems the Board are just making the loss up by their contributions. I don't think the academy will be an issue as the Chairman made a big sprose of that in his speech following LB's appointment as perm manager. I would still like to know how much we pay if anything but maybe the Board want to keep that information private? It could be they may want to air the possibility of fans buying shares etc?

Someone posted this a few months ago. What people who want to get rid of the academy don't realise that by doing that we would have no gym. no indoor facilities no practice pitches etc

I think I need to make an apology as the external funding to EFL clubs including ours is shown below (£1.2m) and to be honest is quite considerable and pity the club doesn't share this information to fans as its quite or more than relevant when funding for the club, first team and academy is concerned. I may be wrong a little bit but the funding that is provided is very considerable and why perhaps our club persists with the Cat2 academy as they would probably lose a huge chunk if they downgraded or eliminated it.. Therefore its a pointless exercise to keep on about this.