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[Ashley Alty]

FOREST GREEN ROVERS MADE LOSSES APPROACHING GBP2.5 MILLION CHASING FOOTBALL LEAGUE DREAM
By James Young, www.gloucestershirelive.co.uk

Forest Green Rovers made a loss of nearly GBP2.5 million for the year ending April 30 2016, the club's accounts have revealed. The
losses of GBP2,469,374 are down on the previous year when a loss of GBP2,928,709 was recorded but mean in the last two years the
overall losses are in excess of GBP5.3 million The profit and loss account shows that Rovers had a turnover of GBP1,097,821 for the
year, the vast majority of which came from match-day revenue (GBP656,608). The club's wage bill for the year was an eye-popping
GBP2,146,999 - an increase of GBP219,624 on the previous season.

The figure in excess of GBP2.1million is the largest wage bill the club have ever recorded and represents an increase of nearly half
a million from 2014. As in all accounts posted at Companies House, a statement about the long-term viability of the club as a going
concern is made. The accounts show net liabilities of more than GBP5 million - virtually all of which is down to "amounts owed to
group undertakings."

The statement reads: "Notwithstanding net current liabilities of GBP5,028,935 the Directors have prepared the financial statements
on a going concern basis which is considered to be appropriate for the following reasons. The majority of current liabilities are
owed to fellow Group companies and Group management have no intention of calling in these debts."

In November last year, gloucestershirelive.co.uk reported that Ecotricity - the club's overall owners - had pumped in nearly GBP5
million to the club. Ecotricity hold 87 per-cent of the club's shares, the total book value of which, according to the latest annual
return is GBP10,276,940. Rovers' wage bill in excess of GBP2.1million was almost certainly the highest of any club in the National
League.

[York Alty is back]

f**kING HELL

[Mausoleum Alty]

That's 25 players on £1650 a week each!! That's just absolutely ridiculous!!

[York Alty is back]

That's 25 players on £1650 a week each!! That's just absolutely ridiculous!!

It's just crazy - even we've managed to use 50 players this season.

[robininstockport]

But why are they higher up the pyramid than us?

[TheCultOfIanTunnacliffe]

Dale Vince needs to get an environmentally-friendly Community Sports Hall built ASAP in order to offset those losses.

[cheshire cat]

He was looking to build another new ground wasn't he?

Just remember this thread next time you consider buying an electric car 

[Jimmy]

If Dale Vince has plenty of money left and happy to spend it this is irrelevant

[Ballers]

If Dale Vince has plenty of money left and happy to spend it this is irrelevant

Better spent on FGR than that T**t of an ex wife of his.

[Mick]

Soon to be a Football League team from a village............cue BBC documentaries and more income

[taxi Phil]

I smell a tax fiddle at the heart of this little lot.

[distancetraveller]

I smell a tax fiddle at the heart of this little lot.

What you wont smell is a meat pie