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| Not the greatest thing you want to hear.
Ahh well.
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| Sounds like they aint been too clever about things, You dont get £7million into debt overnight,
Bit of a blow but not going to cripple the club. things will carry on as usual
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| Quote ="Brew"Sounds like they aint been too clever about things, You dont get £7million into debt overnight,
Bit of a blow but not going to cripple the club. things will carry on as usual'"
Because of the directors 'committing more financially' so a thank you must go out to them.
On the plus side, buy a season ticket this week and get a free 'Fax shirt!
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| Quote ="The Dors"Because of the directors 'committing more financially' so a thank you must go out to them.
On the plus side, buy a season ticket this week and get a free 'Fax shirt!'"
I think most loyal supporters will have bought their season ticket some time ago.
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| Quote ="Fax Faithful"I think most loyal supporters will have bought their season ticket some time ago.'"
And their shirts.
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| Quote ="Fax Faithful"I think most loyal supporters will have bought their season ticket some time ago.'"
Quote ="spanishbob"And their shirts.'"
At a discount equivalent to the cost of a shirt? There's clearly a financial hole to plug so what would be a better idea? Would you rather we broke out the buckets again?
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| I think you're right about the tickets and the shirts.
Just one last push to try and get a few extra bums on seats before the season gets under way.
Only problem is, the ones they are telling via the forum and website, are the ones who have got them and know all about it.
They need to be on the streets around town with Halicat and the players kitted out in their shirts doing the hard sell.
Still think the Skircoat as a Family Stand would be a good idea, get special offers on for free kids tickets and reduced offers for their parents. Face painting, kids entertainers etc. all spreading the word that Fax games are a good days entertainment for all. We know the lads are doing it on the pitch, we need off field entertainment as well.
I know it all takes money, but we need to start getting people in and upping the gates long term.
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| Hope you get out of this financial trouble as you have a strong squad and must be favourites this season.If players do not get paid then that means trouble.Goodluck though and hope not as bad as it seems.
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| Quote ="OFFTHECUFF"Hope you get out of this financial trouble as you have a strong squad and must be favourites this season.If players do not get paid then that means trouble.Goodluck though and hope not as bad as it seems.
'"
It's not going to get that bad.
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| Quote ="Faax!"It's not going to get that bad.
'"
Never wish bad on any club mate but can we have patterson,goddard,worrincy and that will do thanx.
Only joking anyway goodluck for the season and see you at stobarts this year.
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| Quote ="OFFTHECUFF"Hope you get out of this financial trouble as you have a strong squad and must be favourites this season.=#BF0040If players do not get paid then that means trouble.Goodluck though and hope not as bad as it seems.
'"
Where does it mention players not getting paid? I must have missed that bit in the report.
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| Sad to see the firm go under as many people will now be jobless. Fax are lucky to some extent to have such great directors who are able to help as and when. But manybe supporters can also look to help the club out by making a small donation if possible even if its just an extra tenner or so.
I fear for Keighley more as they have money problems and this was the last news they needed.
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| Quote ="a.n Other"Where does it mention players not getting paid? I must have missed that bit in the report.'"
Does not but it can happen. Just look what happened to portsmouth?Anyway i am sure it be ok.
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| Quote ="OFFTHECUFF"Does not but can happen just look at portsmouth.Anyway i am sure it be ok.'"
Teams like get into things were the term debt becomes an understatement, i don't think we'll ever get to the point where we owe 100 million to someone other.
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| Quote ="Faax!"icon_biggrin.gifOH:
Teams like get into things were the term debt becomes an understatement, i don't think we'll ever get to the point where we owe 100 million to someone other.'"
And again in English please?
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| Sorry I was rushing, i've been studying what I put in that message; and I can't make sense of it myself.
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| Link Telecom's financial position has been no secret for months.
I hope the club has sufficient funds in place to steer them through this cash strapped period (particularly in light of the inevitability of Link Telecom), if not were phuuuuucked
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| Quote ="The Lucky Black Cat"Sad to see the firm go under as many people will now be jobless. Fax are lucky to some extent to have such great directors who are able to help as and when. But manybe supporters can also look to help the club out by making a small donation if possible even if its just an extra tenner or so.
=#40BF00I fear for Keighley more as they have money problems and this was the last news they needed. '"
It's worse than that......
Link Telecom's Chief Executive is Keighley's new CEO.
Cougars don't have financial problems anymore as we're run by a new holding company. To be honest this doesn't inspire any confidence in his ability to run us. I think he's going to get a very hard time at the directors Q&A at Cougar Park tonight put it that way.
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| Its not good news but its not new news either.
Six fugure sum? Doubt even our main sponsor is stumping up over £100k per season.
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| Quote ="The Scratchin shed ghost"Its not good news but its not new news either.
Six fugure sum? Doubt even our main sponsor is stumping up over £100k per season.'"
Depends on how many noughts you are counting , 1,000.00
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| Hopefully your owners will continue to see the club through times of cash shortage, so I am assuming this will not do any lasting damage.
But it’s a bigger issue even than this. Seems Link Telecom are reported as owing huge amounts of money to many Bradford (and other??) schools. Seems to be the potential for a major scandal here, if what we read in the T&A and elsewhere is correct.
They are also a Bulls sponsor (fingers in how many pies...?), and for some inexplicable reason Bulls still have them up as a sponsor on the site. A sponsor in Administration is a sponsor no longer, and I think the time may come very soon when no-one will want to be seen to be associated with Link Telecom.
I fear for Keighley, to be honest. I have a horrid feeling that, through no fault of their own, it will end in tears.
The Halifax problem (and this is no dig at Halifax...pales anyway into insignificance compared with e.g. Super League neighbours losing £1.3m but safe cos of a bankrolling owner) also reinforces the concern that the most of the game is built on financial foundations of sand – it is miles away from being financially self-supporting, and without rich owners willing and able to bankroll clubs, the game is stuffed. What the hell the solution is...buggered if I know, but sooner or later the game needs one.
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| Adeybull, you got any links to and T&A Articles online?
They sponsor As far as im aware, Halifax, Keighley, St.Helens, and now Bradford as mentioned in the above post, and the courier article mentions they also sponsor a number of Union Clubs.
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| Quote ="Brew"Adeybull, you got any links to and T&A Articles online?
They sponsor As far as im aware, Halifax, Keighley, St.Helens, and now Bradford as mentioned in the above post, and the courier article mentions they also sponsor a number of Union Clubs.'"
[url=http://www.thetelegraphandargus.co.uk/search/?search=link+telecomThere you go.[/url. A few to get your teeth into there. Does not make happy reading though. I think this is, sadly, a story that still has legs. I've heard this lot described as "bandits", but I guess we can only go on what we read. I know a fair bit about corporate insolvency though (probably more than most who post on these boards), and I'm not liking what I am reading
Good luck for the coming season, btw.
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