As it hasn't been fully paid up. There is a loan for 25k that will be paid 2017/18.
That's interesting (if that is true) Its OK to get loans for the CSH but when I asked the question the other night "why didn't we get a loan on the strength of the Duncan appearance money" I got dismissed as reckless and I was even told that if I would guarantee the loan then all well and good. Funny how they can justify a loan for the CSH and not the football teams demise from the National league and all the benefits that brings.
I am getting more and more pissed off with this lot as each day passes.
Ray, I think you are maybe misunderstanding the situation. In order for the club to improve facilities for the long term, re-develope the changing rooms and build the CSH it had to spend money on things like planning consents and other upfront costs like professional advice, making grant applications etc and thats what the 25K loan was for. The outstandingly successful CSH is now fully paid off in full from grants, donations and extra income etc. The club could have donated the 25K, most clubs would have, but at Alty the very responsible board insisted that the whole scheme would NOT affect the playing income/ budget. In fact, in the 2 years since the CSH was done the clubs extra income resulting from the CSH could have easily paid that loan off, but instead that income has gone into the clubs coffers for players,... which is exactly what most fans want.
The CSH has attracted so many more people to Alty on matchdays as well, evidenced by the numbers present before and after the game compared with the tiny bar we had before and a snack bar that couldnt cope.
I know that results have been dreadful and the playing side is very disappointing, but really the club is very well run and money isnt the root cause of our current plight, that's caused by a terrible managerial appointment, that even most fans approved of at the time.
With what seems a very experienced manager now in Jim Harvey in place, hopefully things will start looking a lot rosier soon.
And the club now has an amazing long term asset and community side that is the ENVY of most non league clubs in the country.
Off the field, the club hasnt been healthier really.