Club Ownership
Posted: 02 Apr 2015, 21:55
202
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Oh, come on Andy - you're not stupid. You went to your Dad's grammar school, for heaven's sake. Basic maths demonstrates that Thea's monthly input probably covers little more than Elliot Benyon. If she is leaving us debt free, to cover that deficit, we do without Elliot Benyon. Is that such a hardship?BayGull wrote:My worry is - if the TUST were to obtain ownership .. how would they then pay all the bills with a membership of 2/3/4/500?
Thea has obviously been paying the majority of all the bills over the past few months/years with very little support from the other Directors, so once her cash-cow is withdrawn where will the money come from each month as the club does not generate enough income to sustain itself.
Also .. I wish people would stop referring to 'new investors' .. an investment is something that you put money into with the view to making a return on it - TUFC is a sponge that continually soaks up money .. the only return anyone will get is to be able to say that they own part of a football club.
You keep spouting your nonsense, Brucie - I think you are doing much of the recruiting for the TUST. Are you doing so on purpose?brucie wrote:202
You keep spouting your nonsense, Brucie - I think you are doing much of the recruiting for the TUST. Are you doing so on purpose?brucie wrote:202
I never said there was.Kernowgull wrote: There are no quotes from Hargreaves in that article about ownership, and no evidence that what Thomas has said is untrue, just a journalist comment. I would tend to believe Thomas is still talking to interested parties on the evidence presented there.
I don't think its that no ones interested and whilst the club may not have any debt on the day you take over that will very shortly change. Owning a club is about putting money in but not getting any return, great for some who can afford to write off vast sums of money but not everyone, don't quote me on accurate figures but i would guess it would cost at least half a million every year for the privilege...........PhilGull wrote:I don't get why people think no one is interested in owning Torquay United. There are lots of people out there wanting to get involved and a club with no debt, a half decent little ground and it's own training facilities will tick a lot of boxes for a lot of people.
As for the location, well Argyle, City and more impressively the Cheifs are all doing ok as Devonshire sporting clubs.
Webber wrote:Welcome publicity in the Herald Express regarding Wednesday night's TUST meeting:
http://www.torquayheraldexpress.co.uk/T ... story.html
Torquay Museum - Babbacombe Road (top of Torwood Street) - between 7pm and 9pm.
One thing the Herald Express doesn't make clear is that TUST is quite different to an old-style supporters club.
We're not just talking about TUST raising money for mowers and the odd player.
We're potentially talking about TUST becoming owner - or part-owner - of Torquay United.
Discussion of this will be an important part of Wednesday's meeting.
You don't get any debt if you spend less than you get as income.rooster wrote: I don't think its that no ones interested and whilst the club may not have any debt on the day you take over that will very shortly change. Owning a club is about putting money in but not getting any return, great for some who can afford to write off vast sums of money but not everyone, don't quote me on accurate figures but i would guess it would cost at least half a million every year for the privilege...........