Gillingham next to go under?

Gillingham next to go under?

Postby Posh » Mon May 18, 2009 1:01 pm

Gillingham's credit rating has been cut to the lowest possible 1 out of 100 from 3. They, Gillingham Football Club PLC, declared a pre-tax loss of £1.654 million in the year to May 2008.

With no ground and owing about £4 million it'll be interesting to see if they can survive if they lose the playoff final.
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Re: Gillingham next to go under?

Postby marky No.1 » Mon May 18, 2009 3:20 pm

Amazing how their Chairman sees it from a completely different angle:

http://www.kentonline.co.uk/kentonline/ ... money.aspx

Although I tend to find this is commonly known as Bull S*!t! :lol:

Hope they can upgrade their Kerplunk Stand with all this extra revenue 8-)
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Re: Gillingham next to go under?

Postby Christies Child » Mon May 18, 2009 4:20 pm

Posh wrote:Gillingham's credit rating has been cut to the lowest possible 1 out of 100 from 3. They, Gillingham Football Club PLC, declared a pre-tax loss of £1.654 million in the year to May 2008.

With no ground and owing about £4 million it'll be interesting to see if they can survive if they lose the playoff final.


It's always suprises me how little some fans know of their clubs true plight.
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Re: Gillingham next to go under?

Postby Andy » Mon May 18, 2009 11:15 pm

It's amazing how they have lasted, earlier in the season it was commented if they didn't get their new ground they would probably go out of business ! and now 38000 people have come out of the woodwork for a trip to Wembley !! now if I were a naughty I could sneak up to Gillingham and rob some houses !! :o
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Re: Gillingham next to go under?

Postby marky No.1 » Tue Jun 23, 2009 4:04 pm

They did'nt get the money from Wembley they budgeted for :roll:

http://www.kentonline.co.uk/kentonline/ ... money.aspx
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