I’ll just make a few points for you here:
•Clubs will be lending money to pay off for the next 10-20 years for, at the time of writing, another 16 weeks of football.
•All the money borrowed now will be spent within the next 16 weeks, and not spent on long-term projects etc that clubs tend to...
Yes, you’re missing quite a bit.
As well as clubs (most not as well-supported as Stockport County) having to cut their budgets year-on-year, loans also have a significant impact on the balance sheet, club’s ability to lend in the future, liabilities, cash-flow etc.
The greater picture is loans...
I don’t know what is worse, Chesterfield actually doing this or the embarrassing scraping around on this topic to justify it.
It appears the moral compass goes out the window in football, or at least it does when it’s your club involved.
It’s a huge abuse of the furlough scheme and I cannot...
You do realise that is exactly what I was pointing out? That those being accused of being self-serving lower down are by those self-serving higher up.
I mean, literally, if your only rationale for completing the season is because “clubs committed to starting the season”, when you know fine well...
Good to see an Notts County (7th) fan agree with a Torquay (1st) fan regarding a statement from Altrincham (4th).
With a like from a Sutton United (2nd) fan to top it all off!
See how this supposed self-serving from clubs lower down works?
Why should clubs be forced to take on hundreds of thousands of pounds of debt, if they do not want to?
Take a moment to think about the impact that will have at Step 2, where the clubs are smaller & turnover is less. There will be a direct impact on jobs, investment and cash-flow.
All for the...
I’m absolutely staggered at the replies on this thread, absolutely staggered.
I’d be surprised if any of you are actually aware of the real life impact these loans will have on clubs, especially the ones with small turnover (impact on balance sheet, cash-flow, credit rating, ability to lend in...
The original funding wasn’t public funds, it came from Camelot. If anyone just be biting back, it should be them.
I don’t think this is the Government biting back at how the first lot of funding was distributed, I just think this is the Government refusing to give out £11 million of...
I was more poking fun at the selfishness of those clubs that voted for option 2, to be honest.
There’s a wider-picture at stake.
Having the National League in debt by £10m-£11m plus interest for the sake of another 18 weeks of football was never going to end well, was it?
Unsure, but there were certainly calls for mass-testing.
On the eve of the new season there was no national lockdown, and cases were almost 6 times less prevalent than what they are now.
The lack of funding & testing are too separate issues. It is a coincidence that both have came to a head at...
I wonder if all of these, “I’m all-right, Jack” clubs that were willing to play on under option 2, now won’t be so willing to take on hundreds of thousands of pounds of loans on their balance sheet from Sport England under option 1?
5/12 of the NLN clubs that signed the letter have a good shot at the play-offs.
Darlo are also calling for promotion & relegation to be guaranteed.
So sorry, this idea that clubs are only doing this to avoid relegation holds little weight. You have 50% of the cohort that have a good chance of...
The 12 clubs want a suspension in order to enable the powers that be to sort out the funding issue & until regular testing is facilitated at this level.
We aren’t refusing to play full stop. It may be sorted by the 6th February.
We have asked for promotion & relegation to be guaranteed.
I’d also argue that 5/12 of the clubs who signed the letter have a good shot at the play-offs.
I believe Chester also called for a suspension?
It isn’t down to league positioning.
Let’s not get too carried away. The peak of patients in hospital was only on Tuesday, with the patients on ventilation beds figure still rising in the present.
The peak wasn’t 3 weeks ago at all.
It isn’t about league positioning, FFS. There is still 25-30 games still to play!
In fact, in our statement we called for promotion & relegation to be guaranteed!
It’s easy for people to sit and say it’s down to league positioning, on their ivory tower.
It’s clear that the reason for the...