Farnborough have just gone into administration
- Mr_Tibbs
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Farnborough have just gone into administration
http://www.farnboroughfc.co.uk/2013/04/ ... tement-11/
Debts of £2 million - takeover talks collapsed yesterday.
Debts of £2 million - takeover talks collapsed yesterday.
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Re: Farnborough have just gone into administration
Yes, and Kettering Town have their winding up order heard on Monday.
- Mr_Tibbs
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Re: Farnborough have just gone into administration
Dorchester Town are just dipping their toes in the murky waters of fan-ownership...
Quite amicably too
Some interesting facts and figures were tweeted during their public meeting last night...
https://twitter.com/dorchtownfc
Quite amicably too
Some interesting facts and figures were tweeted during their public meeting last night...
https://twitter.com/dorchtownfc
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- davidcorks 40yard OG
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Re: Farnborough have just gone into administration
Sounds like its getting a wee bit grim for grass roots / proper footie
Not that any of the plastic premiershite armchair fans will give a damn...
Wankers
Not that any of the plastic premiershite armchair fans will give a damn...
Wankers
- fozzovmurton
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Re: Farnborough have just gone into administration
Bloody hell, if all goes against them it will be the 2nd time in 5-6 years that a team from Farnborough has gone down the KermitMr_Tibbs wrote:http://www.farnboroughfc.co.uk/2013/04/ ... tement-11/
Debts of £2 million - takeover talks collapsed yesterday.
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Re: Farnborough have just gone into administration
Aldershot are in bother as well.
Craig Liddle is God!!
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Re: Farnborough have just gone into administration
It's looking grim, but if we can come back then so can they hopefully
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Re: Farnborough have just gone into administration
There's hope for the Poppies yet - 56 day adjournment agreed.Fibonacci0112358 wrote:Yes, and Kettering Town have their winding up order heard on Monday.
http://www.northantstelegraph.co.uk/spo ... -1-5043788
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- fozzovmurton
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Re: Farnborough have just gone into administration
I think there is also a hole in Hereford Uniteds finances
Marxista Fozz
Marxista Fozz
- Mr_Tibbs
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Re: Farnborough have just gone into administration
Dorchester have just released their business plan. They're going to convert to a Community Benefit Society - intitially with a joint chairman. Their current owner (Shaun Hearn) is transferring half of his majority shareholding to the club's Trust and will stay on to help the club get back on its feet as a community owned model, before transferring the rest.Mr_Tibbs wrote:Dorchester Town are just dipping their toes in the murky waters of fan-ownership...
Quite amicably too
Some interesting facts and figures were tweeted during their public meeting last night...
https://twitter.com/dorchtownfc
http://www.dtfcct.org.uk/docs/club-busi ... an-201314/
The business plan has some useful budget figures included - they're a Step 4 club with a Trust membership of around 500.
I quite liked the simplicity of the board structure - probably helped by the organisation chart they included. I'd love to see one of those for our club - I've even asked for one a couple of times :/
There was a clear message in their business plan about only being able to put out a team which they can afford, and that the supporters would have to accept that their sustainable level might be a bit lower than some might hope. There's also a bit about how clubs, in general, have got themselves into an "arms race" for success - I thought that was quite a good way of putting it.
It's interesting reading and good to see a club trying to convert to a community owned model with the full backing of their current owner, before it's too late.
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Re: Farnborough have just gone into administration
Just been reading that Farnborough have agreed some kind of sponsorship deal with Paddy Power.
One of the conditions though is that every player has had to change their name by deed poll to a famous footballer's name. So their team is now Beckenbaeur, Pele, Messi etc.
One of the conditions though is that every player has had to change their name by deed poll to a famous footballer's name. So their team is now Beckenbaeur, Pele, Messi etc.