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well to put it in perspective this planning application is a farce. Small benefit to the club: New stand + some facilities. and about 400 homes? Wheres the money going from the proceeds of that?
The fact is woking had an excellent deal with the council. £1,000,000 loan (which they didnt expect back). The club should have focussed on that during Geoff Chapples second reign. Now with the new deal that million doesnt exsist anymore. Instead we get a shiny new stand with 400 homes and not a team to play in it. utter shambles
11-05-2007, 11:29 PM
The Non-League discussion thread - Season 2007-08 Post #605
I do love the way you consider yourself more knowledgable than Ingram, a multimillionaire, and the consultants he's payed to advise on the planning application.
11-05-2007, 11:30 PM
The Non-League discussion thread - Season 2007-08 Post #606
Originally posted by Macca_SAFC:
I do love the way you consider yourself more knowledgable than Ingram, a multimillionaire, and the consultants he's payed to advise on the planning application.
I love the way you avoided the question. where is the money going from the 400 homes?
11-05-2007, 11:30 PM
The Non-League discussion thread - Season 2007-08 Post #607
The club is saddled with debt from past regimes, where we've thrown money at chasing the dream (including in both Chapple eras). The club loses in excess of £500k a year which is simply unsustainable. Years of failure on the pitch, coupled with poor financial management is coming to a head and something has to give. Frank is working on a much reduced budget (some £3k a week), with the brief to keep the club in the Blue Square Premier until this development goes ahead.
The development as you say will incorporate a new stand and 400 homes. Within this stand there will be coporate facilities, a banqueting suite, catering facilities and executive boxes on match day (if Burton and FGR can sell them, why can't we ). This will allow the club a steady flow of income seven days a week, rather than just on matchday.
Some homes will be sold on the spot to cover the costs, the rest will be rented out. It has been estimated, not just by the board but by some high profile members of the support who work in such industries, that the rent should generate some £600k per year - instantly dwarfing the annual loss and shooting us into profit. This, coupled with the coporate and banqueting facilities should give us a tidy annual profit, which will see increased playing budgets. This in turn should see increased performance on the pitch, and help the club be in a position to really kick on and challenge sustainably for promotion to the Football League.
11-05-2007, 11:34 PM
The Non-League discussion thread - Season 2007-08 Post #608
I love the way you avoided the question. where is the money going from the 400 homes?
Ingram has every right to try and recoup some of the vast sums of moneys he's put into the club. Looking beyond that it'll put significant funds back into the club.
11-05-2007, 11:39 PM
The Non-League discussion thread - Season 2007-08 Post #609
Two more goals from Nathan Graham fired Aylesbury into a quarter final meeting with Chesham United in the Berks & Bucks Cup, courtesy of a well earned 3-2 win over Marlow.
Graham's early lead had been cancelled out on the half hour mark, but the Ducks stepped up a gear and took control of the game with the inform striker's 15th of the season before James Faulkner added a third.
At 3-1 United were cruising and could have added to the their score, but instead allowed Marlow back into the game and after they pulled a goal back there was brief threat of a comeback, but the spark eventually faded and it was Aylesbury who won through.