Finances-FAO the powers that be

[Guest]

Has no one at the club thought of Investing money in shares/fixed interest bonds or safe financial products generating a guaranteed income?? It makes sense, and I know for a fact other clubs do it.

Doesn't have to be a large amount, but at the end of the day unless GNFC wins the lottery, gala bingo!, etc., the clubs not going to have a sure fire way of bringing in more money than it already does?? If anyone would like to take it further, then just reply to this message or PM me....

[David Holden]

Given that our Chairman is a Chartered Accountant specialising in Investment Management, I think we have it covered thank you.

[Guest]

Smug fool, it was a suggestion. Judging by the clubs penny pinching attitude & Ethiopian Famine esq money appeals(pledges), I'd say it wasn't totally covered or thriving, would you??

[Guest]

forgot to log in, the above was me. ^ ^ ^ ^

[Richard C]

I wouldnt be too proud of saying it was you personally! 'penny pinching' i dont hink so mate, its called not enough money and as for the pledge raising money its a fabulous idea and a lot of people have committed a great deal. No one here said it was thriving!?

[Alan ( GNFC )]

Cheeses , the smug fool you refer to is our webmeister and long time investor in the Fleet .

Not withstanding that , and I suppose the fact that he too is an accountant , what spare funds exist to invest ?

As a penalty for your comments may I suggest you invest say £500 in the player pledge account to cover spending over budget this season .

[David Holden]

I wouldn't worry about him Richard, he wasn't posting to benefit the club, just his own pocket.

[Richard C]

Aaaaaaahhhhhhhh a city boy! Is it just me or is this the thread of accountants then?

[Guest]

I will pledge this cash only if the club runs a telly appeal entailing local gypo's with fly's crawling over their famine induced bloated bodies.

[Student Scum]

Fly's what.....?

[Guest]

'fly's what', resultant of automatic spell check...I take it countdown isn't on yet??

[Richard C]

Dave would you be so kind as to get rid of this little ****!!

[David Holden]

It will be a pleasure.

[Sideliner]

Quote:

Aaaaaaahhhhhhhh a city boy! Is it just me or is this the thread of accountants then?

I didn't think that Margate was a city. I'm betting it's 'Gate under a new alias.

[Student Scum]

Quote:

'fly's what', resultant of automatic spell check...I take it countdown isn't on yet??

Nothing like proofreading your own material eh?

[Guest]

yeah, nothing like it...T.W.A.T

[Bate'o]

In all seriousness, the investment plans you are speaking of do not have immidiate profit returns.

Plans of this nature may take years to show produce any dividend, so therefore, how do you know the club doesnt have any already??

 

If it was as simple as put some money in today, collect double that amount tomorrow, dont you think everyone would do it????

 

Actually, forget my comments, I dont even know why I wasted the energy replying!!!

[Stu B]

is it just me or at the end of last season/beginning of this season did the club give out forms for buying shares in the club?

[Richard C]

I would have thought thats just you! I wouldnt have thought we would be floated. not yet anyway.

[Jessica]

Yes they did, and quite a few supporters purchased them!!