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General Category => Altrincham FC First Team => Topic started by: bumble on January 16, 2015, 03:12:06 PM

Title: Forest Green's Accounts
Post by: bumble on January 16, 2015, 03:12:06 PM
http://companycheck.co.uk/company/06748691/FOREST-GREEN-ROVERS-FOOTBALL-CLUB-LIMITED/financial-accounts#financials

Stumbled across this...

Title: Re: Forest Green's Accounts
Post by: anglo alty on January 16, 2015, 05:07:31 PM
Intresting reading
Title: Re: Forest Green's Accounts
Post by: ManagementGuru on January 16, 2015, 05:13:06 PM
two comments:

1) Their Net worth would worry me a little bit at -£4m - there is a big liability somewhere
2) I doubt their turnover is £64bn per annum - this would make them the 96th biggest company in the world - roughly the same size as SAB Milller (Fosters, Grolsch, Milllers, Peroni) and Daimler (Mainly Mercedes but also Smart, Mitsubishi and Maybach).  This makes them roughly  100 times bigger than the next biggest sports brand - Real Madrid.  Currently £64bn turnover would be bigger than every Premier League club, every La Liga club and every Serie A club added togther by a factor of 3. No wonder Stuart Fleetwood has rejoined!
Title: Re: Forest Green's Accounts
Post by: MarpleAlty on January 16, 2015, 05:16:28 PM
two comments:

1) Their Net worth would worry me a little bit at -£4m - there is a big liability somewhere
2) I doubt their turnover is £64bn per annum - this would make them the 96th biggest company in the world - roughly the same size as SAB Milller (Fosters, Grolsch, Milllers, Peroni) and Daimler (Mainly Mercedes but also Smart, Mitsubishi and Maybach).  This makes them roughly  100 times bigger than the next biggest sports brand - Real Madrid.  Currently £64bn turnover would be bigger than every Premier League club, every La Liga club and every Serie A club added togther by a factor of 3. No wonder Stuart Fleetwood has rejoined!

re: the £64bn turnover - I have to admit I made the same assumption on first reading - if you look closer, that bit's just a working example to advertise the website!
Title: Re: Forest Green's Accounts
Post by: ManagementGuru on January 16, 2015, 06:51:47 PM
well spotted

That notwithstanding, the inexorable rise in their liabilities should be deeply worrying for them.
Title: Re: Forest Green's Accounts
Post by: Mick on January 16, 2015, 07:22:11 PM
Director's loan
Title: Re: Forest Green's Accounts
Post by: taxi Phil on January 16, 2015, 09:09:38 PM
Director's loan
Which is fine until he falls out with people and calls it back in. I won't shed a tear.
Title: Re: Forest Green's Accounts
Post by: bighairedmike on January 17, 2015, 01:33:49 AM
Why use that as an "example"? Surely similar figures to those in real life would be more suitable?!
Title: Re: Forest Green's Accounts
Post by: GB Alty on January 17, 2015, 09:08:38 AM
http://companycheck.co.uk/company/06748691/FOREST-GREEN-ROVERS-FOOTBALL-CLUB-LIMITED/financial-accounts#financials

Stumbled across this...


how did you stumble across that????
Title: Re: Forest Green's Accounts
Post by: Hale Alty on January 17, 2015, 09:36:16 AM
it was mentioned on another forum.
Title: Re: Forest Green's Accounts
Post by: RockyRobin on January 17, 2015, 09:39:55 AM
Why use that as an "example"? Surely similar figures to those in real life would be more suitable?!

It's probably used as it is more likely to believed as an example.....obviously didn't work here....
Title: Re: Forest Green's Accounts
Post by: Bob on January 17, 2015, 10:27:40 AM
To be fair, there could be all sorts of clauses and conditions attached to the debt.  Unless you know the exact details you can't read too much into it. 

We had a huge debt for years but it only ever came into play if we moved ground.  It still showed on the figures though.  Instead we were damaged by the smaller debts which needed repaying.
Title: Re: Forest Green's Accounts
Post by: RockyRobin on January 18, 2015, 10:43:42 AM
On my company health system, FGR get a health score of 1 out of 100

I would show you but the picture is too large for this site to handle
Title: Re: Forest Green's Accounts
Post by: GB Alty on January 18, 2015, 11:52:30 AM
Arsed about Forest Green
Title: Re: Forest Green's Accounts
Post by: taxi Phil on January 18, 2015, 01:37:12 PM
Arsed about Forest Green
You wouldn't be if we finished below them in 6th just before their pretty balloon went pop big style  ;D
Title: Re: Forest Green's Accounts
Post by: Jezza on January 18, 2015, 07:55:14 PM
would never want another club to go bust but would love to see FGR finish in the play offs yet demoted to below the conf N for financial irregularities.

for the good of the game naturally...
Title: Re: Forest Green's Accounts
Post by: taxi Phil on January 18, 2015, 08:12:56 PM
would never want another club to go bust but would love to see FGR finish in the play offs yet demoted to below the conf N for financial irregularities.

for the good of the game naturally...
I always say I'd never want a club to go bust.....but I could make an exception for this lot. And Accrington.