theoracle71
New Member
Club never paid for players. Funded through sponsors by cricket themselves.
Ashbrooke in danger of closing?
- Thread starter Old Timer
- Start date
toxic tracksuit
Central Defender
Heard a rumour that the bar takeover has been approved. Can anyone confirm?
Last I heard it was pretty much done.
YES WE GYAN
Striker
Only one offer on the table now, after the alternative/preferred loan fell through.
Still needs clearing from a legal perspective and by the charity commission before it can be voted through, but will most likely happen.
toxic tracksuit
Central Defender
What is the offer / proposal?
Shandy drinker
Striker
Was in last week and there was a hole in the bar ceiling with a bin underneath catching the water
A few lads look as though they are trying to tidy the place up though
A few lads look as though they are trying to tidy the place up though
Bob Fleming
Striker
It really good be a cracking venue with the right ideas and decent people behind it.
YES WE GYAN
Striker
One of the members to buy the Ashbrooke building for the ridiculously low £300k, so that the club can pay off immediate debt. The club would have an agreed buyback date in 3 years time - which would rely on land that the club own at Burdon Lane being sold. The member would be entitled to take out certain funds raised by the club in these 3 years for personal gain.
The individual sections would be expected to fund their own costs -groundsman etc - which screws over cricket and bowls more than the others. This is where the legal part comes in, as part of the club being a charity, it has to abide by the constitution set out which states that the cost of facilitating the sports is on the central club rather than the sections.
In the meantime, the bar would be leased out, and funds raised from this would pay for renovations at the club.
Last edited:
Sounds like the next few years will be a real struggle for different sections. The costs to run the cricket must be sizeable, how on earth will they fund this themselves? A groundsman is not cheap, player costs again are not cheap as well as umpires, cricket balls etc. Will Mr Applegarth be plugging the financial gap again?
ajthemackem
Striker
That can't end badly at all.
Sounds like it'll go tits up, unfortunately
YES WE GYAN
Striker
Which is a massive concern for 3 out of the 4 main sport sections at the club, judging by opinions at the recent EGM.
Membership fees, fundraising and some level of volunteering. May suffice short term but unsustainable over a period of time.
Couldn’t run the cricket club I’m secretary of without funds from the clubhouse. Bar takings and event bookings keep the club solvent. Interesting times ahead given how much cricketers are asking to be paid these days.
Sounds like you’re completely against this. What was/is the alternative option?
max wartbug
Striker
I believe this to be incorrect. The funds taken will be used to service the cost of raising the initial money. I may be wrong, but my source in normally solid
Last edited:
Walter Ego
Striker
It still baffles me how cricket players are even paid at such a low level.
Exactly, mate. Live within your means.
YES WE GYAN
Striker
That is part of it through existing lease deals with the gym and physio, but any excess from the football pitch or additional revenue raised through other channels would still go away from the club too.
That is also in addition to any other costs incurred during the 3 year period being paid back on top of the buyback, with stamp duty and other fees also covered by the club for both sales.
I'm wary of it for sure. The whole plan is reliant on a land sale, that hasn't sold for the past decade.
There was an alternative loan only option previously that fell through, hence why this one will probably go through.
I'm not sure that it's a better option than letting the charity commission come in and appoint someone to sort it out though. Its been ran terribly for a good while - 10 years ago the bar was making £80k, whereas its been ran at a loss for the past 5 years.
Last edited:
