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Post by ratbag on Dec 2, 2016 9:53:19 GMT
Not sure where to put this and there is probably already a thread somewhere but I just read this...http://www.skysports.com/football/news/11095/10679744/fc-united-of-manchester-issues-cash-appeal-to-supporters-to-address-worrying-financial-position
Seems that FC United are in a bit of financial trouble...if there is a fund then I think I'll chuck a few quid their way as I empathise with thier motivation to create the club and it would be sad to see them go out of business...
FC United of Manchester issues cash appeal to supporters to address 'worrying financial position'
Last Updated: 02/12/16 9:04am
The club, which was formed in 2005 in protest to the Glazer family's ownership of Manchester United, is struggling to meet its financial targets and needs to apply for an overdraft this month.
FC United, who currently sit 12th in the National League North standings, are on course to make a loss this year as the club struggles to keep up with the cost of redeveloping its stadium, Broadhurst Park.
A club statement said: "Further to disappointing financial results for the first quarter (July - Sept 2016) recently published to members and a review of the clubs cash position, the board need to alert supporters to the possibility that the club will need to apply for an overdraft around December 2016.
"We're now halfway through the second quarter and our finances are still behind where we expected in a number of areas, which will put further pressure on our cash flow.
"We are in a worrying financial position.
"If this situation continues into the second half of next year then the club will not have built up sufficient reserves to meet its obligations to lenders and alternatives will need to be considered."
Last season, FC United reached the FA Cup first round for the second time in their history, where they were beaten 4-1 by Chesterfield. That run boosted the club's income by £150,000 but failure to repeat that success this year has left the club in a financial hole.
FC United's board are now urging supporters to back the club financially and have set an ambitious target of raising £300,000 before the end of the season.
The club's statement continued: "At the start of the season, the DF was forecasted to raise a surplus of more than £100,000. On current forecasts we need to raise more. AFC Telford recently raised £50,000 in a few weeks.
"Together, FC United could raise £300,000 over the course of this season. It's a big ask, but together we have achieved incredible things before.
"If we can achieve this target, it will contribute to the work at Broadhurst Park (such developing under the SMRE) that needs to be completed."
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Post by Deleted on Dec 2, 2016 10:12:31 GMT
Didn't they just build a stadium?
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FC United
Dec 2, 2016 10:13:28 GMT
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Post by Deleted on Dec 2, 2016 10:13:28 GMT
We're doing alright. Maybe the Glazers could lend them a few bucks.
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Post by Deleted on Dec 2, 2016 11:19:11 GMT
Didn't they just build a stadium? That'll be where the money went  |
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FC United
Dec 2, 2016 11:39:09 GMT
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Post by RAZ on Dec 2, 2016 11:39:09 GMT
Didn't they just build a stadium? Yeah broadhurst park.and they usually have a couple of thousand fans attending. I'm a bit surprised by their situation but probably will also try and help out a bit |
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Post by ratbag on Dec 2, 2016 12:23:06 GMT
Didn't they just build a stadium? Yeah broadhurst park.and they usually have a couple of thousand fans attending. I'm a bit surprised by their situation but probably will also try and help out a bit Only needs a couple of quid from every match day fan and they will be sorted... I think MUST could also do a bit of fund raising if they wanted to...plenty of members... |
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FC United
Dec 2, 2016 12:28:40 GMT
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Post by RAZ on Dec 2, 2016 12:28:40 GMT
Yeah broadhurst park.and they usually have a couple of thousand fans attending. I'm a bit surprised by their situation but probably will also try and help out a bit Only needs a couple of quid from every match day fan and they will be sorted... I think MUST could also do a bit of fund raising if they wanted to...plenty of members... But 300000 is quite a lot to ask.hope it works out for them |
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Post by ratbag on Dec 2, 2016 12:33:54 GMT
Only needs a couple of quid from every match day fan and they will be sorted... I think MUST could also do a bit of fund raising if they wanted to...plenty of members... But 300000 is quite a lot to ask.hope it works out for them A fiver each from the match-going fans would do the trick...or just do it over a couple of games...there is strength in numbers!! |
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Post by Bestie on Dec 2, 2016 12:34:33 GMT
On the one hand I admire what they're doing. On the other hand they walked away at our lowest moment and therefore fuck them.
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FC United
Dec 2, 2016 12:36:02 GMT
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Post by Deleted on Dec 2, 2016 12:36:02 GMT
Oh good, I didn't want to be the first to say Fuck them.
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Post by ratbag on Dec 2, 2016 12:38:44 GMT
Fair enough but I still think they felt as many of us still do...they just chose a different path...
I am sure many of them still come to United games...
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Post by Deleted on Dec 2, 2016 12:39:12 GMT
On the one hand I admire what they're doing. On the other hand they walked away at our lowest moment and therefore fuck them. My first thought. Get the reason, but in reality it's no different to going to support another club if we suffered relegation, they don't like how things are going so fuck off? Bollocks. |
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Post by RAZ on Dec 2, 2016 12:42:54 GMT
On the one hand I admire what they're doing. On the other hand they walked away at our lowest moment and therefore fuck them. My first thought. Get the reason, but in reality it's no different to going to support another club if we suffered relegation, they don't like how things are going so fuck off? Bollocks. Theres a huge difference between a club getting relegated and what happened to united with the glazers mate. I fully understand their reasons to do what they did. |
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Post by Deleted on Dec 2, 2016 12:48:44 GMT
My first thought. Get the reason, but in reality it's no different to going to support another club if we suffered relegation, they don't like how things are going so fuck off? Bollocks. Theres a huge difference between a club getting relegated and what happened to united with the glazers mate. I fully understand their reasons to do what they did. Nah bollocks to them, they didn't like what happened so they fucked off. You support your club no matter what. Don't have to support the Glazers, but you still support Manchester United. |
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Post by ratbag on Dec 2, 2016 12:53:26 GMT
Theres a huge difference between a club getting relegated and what happened to united with the glazers mate. I fully understand their reasons to do what they did. Nah bollocks to them, they didn't like what happened so they fucked off. You support your club no matter what. Don't have to support the Glazers, but you still support Manchester United. You mean LUHG?  |
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