by torregull » 07 Nov 2016, 10:03
ferrarilover wrote:
Like much (all) of the TUST proposal, this is beautiful on paper but unworkable in reality. You'd be lucky to run a Toolstation league side on the money we generate presently. Thing is, Toolstation league sides don't generate the money that we do, so we'd have only enough to run a Sunday league side. Thing is, Sunday league sides don't generate the money that Toolstation sides do. And so it goes on forever.
Self-sustainability could only ever be achieved for us if we moved to a new ground which we owned and which had bundled with it many and various alternative income streams. The 1500 or so Torquay supporters cannot fund the business. What we need is to get a hotel, a gym, some restaurants, a dozen 4G pitches hired out, conference facilities etc. What's that, ten million pounds? TUST going to fund that, are they?
A bunch of well intentioned but poorly financed and talent limited fans owning the club under the TUST banner sounds frighteningly like the present setup of well intentioned but poorly financed and talent limited fans owning the club.
If TUST want to help (I'm sure they do), they need to act as a sounding board. They need to give up this preposterous notion of owning the club and dedicate their efforts to representing the fans' concerns and interests throughout the process of the impending sale.
If they were to approach the Board on this basis and offer themselves up on this basis, they'd certainly encounter less resistance than presently they are experiencing.
Matt.
TUST represented the fans' "concerns and interests" when the Board got "into bed"with GI-when everyone(but the Board) it seems. realised they were totally unsuitable buyers for the club.Unfortunately, they didn't listen and though the deal eventually fell through,the consequences of the loan agreement they entered into now threatens the very existence of the club.
[quote="ferrarilover"]
Like much (all) of the TUST proposal, this is beautiful on paper but unworkable in reality. You'd be lucky to run a Toolstation league side on the money we generate presently. Thing is, Toolstation league sides don't generate the money that we do, so we'd have only enough to run a Sunday league side. Thing is, Sunday league sides don't generate the money that Toolstation sides do. And so it goes on forever.
Self-sustainability could only ever be achieved for us if we moved to a new ground which we owned and which had bundled with it many and various alternative income streams. The 1500 or so Torquay supporters cannot fund the business. What we need is to get a hotel, a gym, some restaurants, a dozen 4G pitches hired out, conference facilities etc. What's that, ten million pounds? TUST going to fund that, are they?
A bunch of well intentioned but poorly financed and talent limited fans owning the club under the TUST banner sounds frighteningly like the present setup of well intentioned but poorly financed and talent limited fans owning the club.
If TUST want to help (I'm sure they do), they need to act as a sounding board. They need to give up this preposterous notion of owning the club and dedicate their efforts to representing the fans' concerns and interests throughout the process of the impending sale.
If they were to approach the Board on this basis and offer themselves up on this basis, they'd certainly encounter less resistance than presently they are experiencing.
Matt.[/quote]
TUST represented the fans' "concerns and interests" when the Board got "into bed"with GI-when everyone(but the Board) it seems. realised they were totally unsuitable buyers for the club.Unfortunately, they didn't listen and though the deal eventually fell through,the consequences of the loan agreement they entered into now threatens the very existence of the club.