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How far would £10k go?

Posted: 23 Nov 2015, 14:45
by Mr Burnz
So if Mr X goes to the club and says he has £10k/£15k to invest, how far would that go and what would he/we get for the money?

Would this merely go towards the players fund, or would such a contribution progress beyond that?

Although not a club-saving amount of cash, it's still a decent wodge of ££.

Have the board specified how much ideally a new investor needs to come in with?

Would it just be a 'Thanks for the cash'?

How far would £10k go?

Posted: 23 Nov 2015, 14:49
by moneylife
I'm guessing but I rekon 10k wouldnt touch the sides
50k might buy you in, but then that would soon turn into needing to put more money in

How far would £10k go?

Posted: 23 Nov 2015, 17:39
by Dave
Whether it's you or someone you know, my suggestion would be to call Steve Breed and ask for a meeting, he will be able to tell you how the club would use the £10-15 k

You will not get a real/proper answer from a fans forum.

How far would £10k go?

Posted: 23 Nov 2015, 18:59
by westyorkshiregull
10000 is peanuts.. be gone before cheque clears. ..I'm not expert but we are needs a investment running into a few 100k

How far would £10k go?

Posted: 23 Nov 2015, 19:39
by Dave
Indeed, but every little helps. ;-)

How far would £10k go?

Posted: 23 Nov 2015, 19:56
by portugull
I know the answer. £30,000 and you would be a Director of TUFC.

How far would £10k go?

Posted: 23 Nov 2015, 21:49
by moneylife
30k and then 30k a month indefinetly until the end

How far would £10k go?

Posted: 24 Nov 2015, 12:04
by NorfolkGull
Is this post with regards to the competition Marathon Bet are doing? The #nonleaguechallenge would be a great way for Torquay to try and get some extra money, granted we have to score first, but surely we have nothing to lose by just giving it a go?

How far would £10k go?

Posted: 25 Nov 2015, 06:14
by Gullscorer
If 1500 supporters each put £10 a month (or £2.50 a week) into the Players Fund (a few of us already do), the club would have £15k within a month, and about £180k within a year..

If 2000 supporters each put £10 a month (or £2.50 a week) into the Players Fund (a few of us already do), the club would have £20k within a month, and about a quarter of a million pounds within a year..

Alternatively (or in addition), join and donate via the TUST.. http://www.torquaysupporters.co.uk/

TUFC: Players Fund: http://www.torquayunited.com/news/artic ... 75268.aspx
Forum: Players Fund: http://forum.torquayfans.com/viewtopic.php?f=3&t=8221
Forum: New Share Issue: http://www.torquayfans.com/forum/viewto ... f=3&t=8428
Forum: Ideas to help Torquay United: http://forum.torquayfans.com/viewtopic.php?f=3&t=8310

How far would £10k go?

Posted: 25 Nov 2015, 16:02
by Fantasia
I'm not sure what the benefit would be of donating to TUST, they are not donating any money to the club.

How far would £10k go?

Posted: 25 Nov 2015, 17:42
by tommyg
Gullscorer wrote:If 1500 supporters each put £10 a month (or £2.50 a week) into the Players Fund (a few of us already do), the club would have £15k within a month, and about £180k within a year..

If 2000 supporters each put £10 a month (or £2.50 a week) into the Players Fund (a few of us already do), the club would have £20k within a month, and about a quarter of a million pounds within a year..

Alternatively (or in addition), join and donate via the TUST.. http://www.torquaysupporters.co.uk/

TUFC: Players Fund: http://www.torquayunited.com/news/artic ... 75268.aspx
Forum: Players Fund: http://forum.torquayfans.com/viewtopic.php?f=3&t=8221
Forum: New Share Issue: http://www.torquayfans.com/forum/viewto ... f=3&t=8428
Forum: Ideas to help Torquay United: http://forum.torquayfans.com/viewtopic.php?f=3&t=8310
You've highlighted the problem in your post - there are too many funds! You have the standard TUST and lottery, plus the Yellow Forever fund. Now you have a players' fund which means money is being split between these pots. If there was one big fund called 'Keep the club alive' or something along those lines where all money donated basically helps the club survive and compete then that may be more attractive for fans. Obviously that relies on the TUST and the club working together but that bond seems to be getting stronger.

How far would £10k go?

Posted: 25 Nov 2015, 19:56
by Glostergull
I offered the board 50k about 18months ago and was turned down. the figure wanted was at least 100k and more each week

How far would £10k go?

Posted: 25 Nov 2015, 20:12
by Jerry
Glostergull wrote:I offered the board 50k about 18months ago and was turned down. the figure wanted was at least 100k and more each week

Things were very different 18 months ago!

How far would £10k go?

Posted: 25 Nov 2015, 20:22
by Kit_robin
Glostergull wrote:I offered the board 50k about 18months ago and was turned down. the figure wanted was at least 100k and more each week
Different board then, though. In fact, just goes to show how much money was being thrown into black holes by the previous owners, and how much work the new board have had to do.

How far would £10k go?

Posted: 25 Nov 2015, 20:43
by chunkygull
tommyg wrote: You've highlighted the problem in your post - there are too many funds! You have the standard TUST and lottery, plus the Yellow Forever fund. Now you have a players' fund which means money is being split between these pots. If there was one big fund called 'Keep the club alive' or something along those lines where all money donated basically helps the club survive and compete then that may be more attractive for fans. Obviously that relies on the TUST and the club working together but that bond seems to be getting stronger.

This is why I have said at least 3 times before and a poster started a thread after me that a supporters share scheme would be a really good fund raising tool for the club as well as bringing the club and fanbase closer together.

Long term it could be more of an earner than a players fund because as a few people have expressed to me in conversation the asking for money for basically what is a charity on top of season tickets or matchday entrance plus programmes, merchandise or food etc is a bit cheeky (or words to that effect, some a bit blue). Cant blame the club for trying, they have to explore every avenue, but some did find it a bit of an insult.

A share scheme would be giving fans something for their money or at least make them think they are getting something even though it doesnt really mean sod all, but the feelgood factor and sense of being part of things could encourage more giving of funds. The club needs "investment" so even just a start would be to ask quite a few people for a bit of money at a time rather than having no luck persuading a few people to part with a lot of money.