Debt

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Darlofan97
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Debt

Post by Darlofan97 » Sun Jun 06, 2021 10:54 am

Slipped under the radar this, but good to see the club has cleared the majority (if not all) of the loans due back to fans that borrowed money to the club in 2017 & 2018: https://darlingtonfc.co.uk/news/thanks- ... ur-finance

This was listed in the 19/20 accounts as £37,337, with an additional £10,000 due to DFCSG by the end of our financial year (30 June 2021).

Negative financial issues get a lot of press, so it's only fair that this is celebrated as a mini-success in terms of the sustainability of our club.

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theoriginalfatcat
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Re: Debt

Post by theoriginalfatcat » Sun Jun 06, 2021 11:50 am

We must be one of the best run clubs from our step upwards and this is important.

I like the way I won't wake up one morning and hear on the news "Darlington Football Club have gone into administration" - I've heard this too many times before. And if we have to rattle around this league for a few years more that's okay with me, it's a fair trade off.
Mr Singh said this " I'm not expecting to get back any of the money I've already put in, I'm prepared to write it off for the future of the club. I'm not hanging in to make any kind of financial gain in the short or long term - if someone was prepared to come in and take the club off my hands, I'd be more than willing to discuss it"

Tamworth matchday programme 26 Nov 2011

jjljks
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Re: Debt

Post by jjljks » Sun Jun 06, 2021 2:07 pm

Hartlepool are 3-0 up against Bromley in playoffs, but I would rather be clear of debt than in their place. Chances are Pools could go up then Raj pulls in their debt & pop goes their club.

QUAKERMAN2
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Re: Debt

Post by QUAKERMAN2 » Sun Jun 06, 2021 2:17 pm

jjljks wrote:Hartlepool are 3-0 up against Bromley in playoffs, but I would rather be clear of debt than in their place. Chances are Pools could go up then Raj pulls in their debt & pop goes their club.
And if they don’t go can you see Singh funding them for another 12 months ? It has to be all or nothing in these playoffs.


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jjljks
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Re: Debt

Post by jjljks » Sun Jun 06, 2021 3:16 pm

QUAKERMAN2 wrote:
Sun Jun 06, 2021 2:17 pm
jjljks wrote:Hartlepool are 3-0 up against Bromley in playoffs, but I would rather be clear of debt than in their place. Chances are Pools could go up then Raj pulls in their debt & pop goes their club.
And if they don’t go can you see Singh funding them for another 12 months ? It has to be all or nothing in these playoffs.


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Spot on.

real_darlo_85
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Location: Newton Aycliffe

Re: Debt

Post by real_darlo_85 » Sun Jun 06, 2021 5:17 pm

They'll lose next week to Stockport, it'll be a Torquay Vs Stockport final. 👍
"The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

JasonDeVos
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Re: Debt

Post by JasonDeVos » Sun Jun 06, 2021 9:15 pm

real_darlo_85 wrote:
Sun Jun 06, 2021 5:17 pm
They'll lose next week to Stockport, it'll be a Torquay Vs Stockport final. 👍

Win the final it is then!!!

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theoriginalfatcat
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Re: Debt

Post by theoriginalfatcat » Sun Jun 06, 2021 9:31 pm

I watched the second half of Pools V Bromley. There were some beefy looking players on the pitch for both sides and a bit more mobile than Liam Hughes too :o
Mr Singh said this " I'm not expecting to get back any of the money I've already put in, I'm prepared to write it off for the future of the club. I'm not hanging in to make any kind of financial gain in the short or long term - if someone was prepared to come in and take the club off my hands, I'd be more than willing to discuss it"

Tamworth matchday programme 26 Nov 2011

jjljks
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Re: Debt

Post by jjljks » Tue Jun 08, 2021 9:26 pm

Wonder if the edict about not travelling to NW due to Indian variant of Covid will affect Poolie fans?
C'mon County!

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Quaker85
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Re: Debt

Post by Quaker85 » Wed Jun 09, 2021 6:31 am

jjljks wrote:Wonder if the edict about not travelling to NW due to Indian variant of Covid will affect Poolie fans?
C'mon County!
I doubt it as the games have been restricted to home fans only since they were allowed back in.


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onewayup
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Joined: Fri Jul 31, 2009 6:02 pm
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Re: Debt

Post by onewayup » Wed Jun 09, 2021 11:13 am

Who gives a sh-t about poolies and their owner. Sick of hearing about them on this board . Stick to the club this board is for Darlington FC .

Wiseacre
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Re: Debt

Post by Wiseacre » Wed Jun 09, 2021 11:37 am

Darlofan97 wrote:
Sun Jun 06, 2021 10:54 am
Slipped under the radar this, but good to see the club has cleared the majority (if not all) of the loans due back to fans that borrowed money to the club in 2017 & 2018: https://darlingtonfc.co.uk/news/thanks- ... ur-finance

This was listed in the 19/20 accounts as £37,337, with an additional £10,000 due to DFCSG by the end of our financial year (30 June 2021).

Negative financial issues get a lot of press, so it's only fair that this is celebrated as a mini-success in terms of the sustainability of our club.
Yes, I agree with this and it does give you a good feeling about 'our' club. I'm not so keen on the slow-drip carping regarding Hartlepool, we should be better than that, and, don't write off Notts - a final with Pools could be a fair game. If you can't say something positive about our old pals, don't.

real_darlo_85
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Location: Newton Aycliffe

Re: Debt

Post by real_darlo_85 » Sun Jun 20, 2021 4:03 pm

Poolies make it back to the Football League by the skin of their teeth.
"The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

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