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Nuneaton Boro on the brink of folding (1 Viewer)

  • Thread starter Nick
  • Start date Oct 12, 2018
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Nick

Administrator
  • Dec 6, 2018
  • #71
This seems a bit random


How do you hire a backroom team without discussing their money?
 

scottccfc

Well-Known Member
  • Dec 6, 2018
  • #72
This is ginellys dream job im not sure he has taken it from a money point of view also belfords lad plays in goal for them too.
 

chiefdave

Well-Known Member
  • Dec 6, 2018
  • #73
#BakerDay player / manager
 

Nick

Administrator
  • Feb 5, 2019
  • #74



Looks a bit messy again!

From what I can see, the new owner said to all the players they are welcome to leave if they can find another club with guaranteed security (better money). He's paid off debts outside of the club and the players are 5 days overdue.

Apparently gone from losing 20k a month to 10k a month.
 
Reactions: ccfcrob

Nick

Administrator
  • Feb 8, 2019
  • #75
Chairman now getting shit off Carl Baker on social media.

Thought it was a bit random from the off.

 

Nick

Administrator
  • Feb 8, 2019
  • #76
fernandopartridge said:
They'll be in trouble again by the end of the season I suspect
Click to expand...

 

fernandopartridge

Well-Known Member
  • Feb 8, 2019
  • #77
Nick said:
Click to expand...
They're fucked, I'll be surprised if they last beyond March
 

Terry Gibson's perm

Well-Known Member
  • Feb 9, 2019
  • #78
I don’t know how these smaller clubs survive day to day without a rich owner when my nephew moved to Stockport from Fleetwood he got a pay rise and went from full to part time at Fleetwood he was on over 25k per year.

Once again there seem to be a lot of containers around the entrance at Liberty way
 

Nick

Administrator
  • Feb 9, 2019
  • #79
Terry Gibson's perm said:
I don’t know how these smaller clubs survive day to day without a rich owner when my nephew moved to Stockport from Fleetwood he got a pay rise and went from full to part time at Fleetwood he was on over 25k per year.

Once again there seem to be a lot of containers around the entrance at Liberty way
Click to expand...
That's the thing. When clubs like that are apparently offering players like Kelly Evans a pay rise from us as well.

Is there any ffp in non League? How can a club like that be losing 30k a month or whatever it was.
 
Reactions: Terry Gibson's perm

Terry Gibson's perm

Well-Known Member
  • Feb 10, 2019
  • #80
Listening to the manager on the radio tonight it sounds like they are in meltdown the chairman talked to two players saying he was going to sack them in the week and both played today and had stinkers. The manager spoke about keeping the club alive.
 

Nick

Administrator
  • Feb 10, 2019
  • #81
Terry Gibson's perm said:
Listening to the manager on the radio tonight it sounds like they are in meltdown the chairman talked to two players saying he was going to sack them in the week and both played today and had stinkers. The manager spoke about keeping the club alive.
Click to expand...
It sounds a bit schoolboy
 

Captain Dart

Well-Known Member
  • Feb 12, 2019
  • #82
Something is up.. maybe
 

chiefdave

Well-Known Member
  • Feb 12, 2019
  • #83
Captain Dart said:
Something is up.. maybe
Click to expand...
Fingers crossed it’s good news for them.

Don’t know much about non league, are they just badly run or is all of non league a basket case like they are?

They seem to be in serious trouble more often than us and some of the figures thrown around are crazy given the crowds and how little they must get in sponsorship.
 

Nick

Administrator
  • Feb 12, 2019
  • #84
They were losing 30k a month and he has got it down to 20k a month.

Just the usual, overspending what they didn't have.

They were offering players like Kelly Evans more than us to play for them.
 
D

Deleted member 5849

Guest
  • Feb 12, 2019
  • #85
chiefdave said:
They seem to be in serious trouble more often than us and some of the figures thrown around are crazy given the crowds and how little they must get in sponsorship.
Click to expand...
It's even more crazy when in terms of fanbase potential, when they get it right, they really should be one of the bigger non league clubs. At the very least they should be bouncing between conference and the league below... without the constant crises they end up in, too!
 
Reactions: Otis

Terry Gibson's perm

Well-Known Member
  • Feb 12, 2019
  • #86
Deleted member 5849 said:
It's even more crazy when in terms of fanbase potential, when they get it right, they really should be one of the bigger non league clubs. At the very least they should be bouncing between conference and the league below... without the constant crises they end up in, too!
Click to expand...


There are a lot of City and Villa fans here maybe that would be better playing at different times to us and them
 

Otis

Well-Known Member
  • Feb 12, 2019
  • #87
Terry Gibson's perm said:
There are a lot of City and Villa fans here maybe that would be better playing at different times to us and them
Click to expand...
Yeah, but there are already many City players here who play at a different time to the opposition.
 

Nick

Administrator
  • Feb 12, 2019
  • #88
He's stepped down

Not being funny, it was pretty obvious from the start
 

Nick

Administrator
  • Feb 12, 2019
  • #89
It is understood that Boro boss Jimmy Ginnelly has been entrusted with the shares with the view of finding the ten investors, who will need to stump up around£10,000 each.

This is believed to be enough money to see the club out until the end of the season.

But the ten would have to be rolling investors to the club and pay another £10,000 each next season unless a buyer can be found.
 

chiefdave

Well-Known Member
  • Feb 12, 2019
  • #90
Finding 10 local businessmen who will stump up 10 grand each to play football club owner shouldn't be impossible, its the having to cover a hole in the finances every year thats the problem. If they're spending it on wages surely the better option is to live within their means, at least until they can find an owner who wants to chuck money away.
 

Nick

Administrator
  • Feb 12, 2019
  • #91
 

Nick

Administrator
  • Feb 12, 2019
  • #92
chiefdave said:
Finding 10 local businessmen who will stump up 10 grand each to play football club owner shouldn't be impossible, its the having to cover a hole in the finances every year thats the problem. If they're spending it on wages surely the better option is to live within their means, at least until they can find an owner who wants to chuck money away.
Click to expand...

I think they are just going to need a massive clearout to survive, they are relegated anyway.

He was trying to do that to be fair and getting loads of shit for it.
 

Terry Gibson's perm

Well-Known Member
  • Feb 12, 2019
  • #93
It might be more difficult than you think to get the investors as some got stung under previous owners for a fair amount of cash.
 

CovInEssex

Well-Known Member
  • Feb 13, 2019
  • #94
They should have a look at Wrexham and how they are ran. Owned by the fans. Got to be the only way back now.
 

Captain Dart

Well-Known Member
  • Feb 13, 2019
  • #95
I think they will have to go bust first. I can't see them finding the money for HMRC and they don't piss around if tax is not being paid.

However some tweets have cast doubt on joshua smiths assertion money has to be paid this week.
 

Captain Dart

Well-Known Member
  • Feb 14, 2019
  • #96
Meanwhile back at the boro'

Bailiffs called in to Nuneaton Borough as financial crisis bites
 

stevefloyd

Well-Known Member
  • Feb 14, 2019
  • #97
Shame I don't like to see any club in this much shit
 
Reactions: Deleted member 5849

Nick

Administrator
  • Feb 14, 2019
  • #98
Makes you wonder how they have got away with the over spend. They were losing 30k a month then 20k.

Ideally if they can get somebody to cover the immediate bills, over the summer they need a massive clear out of players back to basics and lower wages.
 

chiefdave

Well-Known Member
  • Feb 14, 2019
  • #99
Nick said:
Makes you wonder how they have got away with the over spend. They were losing 30k a month then 20k.

Ideally if they can get somebody to cover the immediate bills, over the summer they need a massive clear out of players back to basics and lower wages.
Click to expand...
Manager was on CWR, said they had 22 contracted players, which I assume means full time contacts, and they've now reduced that to 5. No wonder they are in trouble. There's football league clubs with squads not much bigger than that.
 

Nick

Administrator
  • Feb 14, 2019
  • #100
chiefdave said:
Manager was on CWR, said they had 22 contracted players, which I assume means full time contacts, and they've now reduced that to 5. No wonder they are in trouble. There's football league clubs with squads not much bigger than that.
Click to expand...
That's madness. Who was handing them out?

Same with players like dke, baker etc.
 

Terry Gibson's perm

Well-Known Member
  • Feb 14, 2019
  • #101
chiefdave said:
Manager was on CWR, said they had 22 contracted players, which I assume means full time contacts, and they've now reduced that to 5. No wonder they are in trouble. There's football league clubs with squads not much bigger than that.
Click to expand...


It won’t make much of a difference between full or part time the cost will still be far to high for a club if their size.
 
B

Brighton Sky Blue

Well-Known Member
  • Feb 14, 2019
  • #102
Nick said:
That's madness. Who was handing them out?

Same with players like dke, baker etc.
Click to expand...

There's the problem, the ownership structure was so shrouded in mystery that it could've been anyone making the decisions at the top.
 

Joy Division

Well-Known Member
  • Mar 6, 2019
  • #103
Now charging £50 to have a trial at the club. Desperate times.

Cash-strapped club charges £50 for trials
 

vow

Well-Known Member
  • Mar 28, 2019
  • #104
Some good news for Boro or at least a lifeline!

A court has unfrozen Nuneatons bank account, so they can pay the £32000 to the taxman they owe and hopefully be able to play next season!

Nuneaton Borough's future decided after court hearing
 

Terry Gibson's perm

Well-Known Member
  • Mar 28, 2019
  • #105
They are also likely to get an end of season windfall as Stockport go there last day and are chasing the title so will be bringing big numbers, even I am going to watch
 
Reactions: vow
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