Re: Jonathan France jailed : Thu Aug 02, 2018 7:20 am  

It wasn't the only reason, but it certainly did not help the cause. Also discounted season tickets would not of helped too, and neither would outsourcing catering.

They owed us a lot of money, which, at the time could have paid off a few creditors, especially bearing in mind, the cleaning company that came on board with sponsorship afterwards, didn't start until part way through the 2013 season.

Could have saved the club from some of the outstanding debts from 2012, that ran into 2013, which would have also saved on some late payment fees.

One thing during this time, that looking back now, although I liked him as a player, and a person, as, at the time we had no major income from our main sponsor, and there was no relegation the following season, if it were me, I would have pulled out of the Justin Poore signing, to offset some of the financial shortfalls, and then maybe strengthened the front row, once a new sponsor had been agreed.

Re: Jonathan France jailed : Thu Aug 02, 2018 7:52 am  

Think it was during Teds time, Eric France company were main shirt sponsor , they paid up initial stage payment, all shirts and merchandise produced with company logo etc then Jonathan France reneged on remaining payments, think he owed club £ 60,000 from memory. Comforting in a schadenfreude sort of way that he is now locked up in a cell playing Mummy and Daddy, from the look of him he will be Mummy

Re: Jonathan France jailed : Thu Aug 02, 2018 7:58 am  

Eastern Wildcat wrote:

It certainly was Altofts.

They owed us a lot of money, which, at the time could have paid off a few creditors, especially bearing in mind, the cleaning company tbay came on board with sponsorship afterwards, didnt start until part way through the 2013 season.

Could have saved the club from some of the outsrandinf debts from 2012, that tan into 2013, which would have also saved on some late payment fees

Don’t kid yourself. The club was loosing 750k a year by 2013. Eric France was 100k. It was a small factor.

Re: Jonathan France jailed : Thu Aug 02, 2018 8:32 am  

Out of curiosity DC, is the payments made into the club by AG reflected within the £750k. He did pay quite a bit into the club during my time there.

The small factor of £100k would probably have gone a long way towards some of the unpaid creditors at that time.

Re: Jonathan France jailed : Thu Aug 02, 2018 9:03 am  

Daddycool wrote:

Don’t kid yourself. The club was loosing 750k a year by 2013. Eric France was 100k. It was a small factor.

If that is the case then it wasn't exactly a drop in the ocean but not as much of a contributing factor as I thought.

Re: Jonathan France jailed : Thu Aug 02, 2018 11:56 am  

Daddycool wrote:

Don’t kid yourself. The club was loosing 750k a year by 2013. Eric France was 100k. It was a small factor.

It's crazy how the club got into that state, AG & JE over paying contracts for certain players in 2012 before the head coach was in place?

Wasn't the quote at the time something like, if we have £1 we will only spend 90p?

Re: Jonathan France jailed : Thu Aug 02, 2018 12:10 pm  

charlie wrote:

It's crazy how the club got into that state, AG & JE over paying contracts for certain players in 2012 before the head coach was in place?

Wasn't the quote at the time something like, if we have £1 we will only spend 90p?

Sure was, talked a good talk did Glover, I would love to say he did not have me fooled but he did!

Re: Jonathan France jailed : Thu Aug 02, 2018 12:21 pm  

Eastern Wildcat wrote:

Out of curiosity DC, is the payments made into the club by AG reflected within the £750k. He did pay quite a bit into the club during my time there.

The small factor of £100k would probably have gone a long way towards some of the unpaid creditors at that time.

Directors loans are not a profit and loss item therefore they would not have contributed to this

Re: Jonathan France jailed : Thu Aug 02, 2018 12:22 pm  

homme vaste wrote:

Sure was, talked a good talk did Glover, I would love to say he did not have me fooled but he did!

I don't think he knew what he was getting into, to be honest - similar appears to have happened with Koukash at Salford.

At that first meeting, someone asked if he had the funds to run a Superleague club and he brushed it off as "easy, no problem."

Re: Jonathan France jailed : Thu Aug 02, 2018 12:33 pm  

charlie wrote:

It's crazy how the club got into that state, AG & JE over paying contracts for certain players in 2012 before the head coach was in place?

Wasn't the quote at the time something like, if we have £1 we will only spend 90p?

Not sure but wasn't Elston's wife one of the highest earners at the club at the time.