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Talk about anything to do with Cheltenham Town, CTFC 500 Club, League 1, ex players & Managers

Moderators: Admin, Ralph, asl, Robin

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Malabus
Posts: 13354
Joined: 20 Nov 2009, 12:26
Location: The Death Star.
L1 play off push.
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Horteng
Posts: 3178
Joined: 25 Nov 2009, 22:57
Location: Heart of the Forest, Glos
LOL
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Jerry St Clair
Posts: 1740
Joined: 15 Aug 2011, 16:40
Malabus wrote: ↑23 Sep 2023, 01:24 L1 play off push.
Yep, it’s a massive 6-pointer for sure.

I think Bolton might just sneak it though, despite Peterborough’s morale-boosting midweek triumph.
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triggo
Posts: 457
Joined: 05 Apr 2010, 16:07
Who said...
We travek more in hope than expectation ... never a truer word :D
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RegencyCheltenhamSpa
Posts: 29859
Joined: 21 Nov 2009, 03:27
Malabus wrote: ↑23 Sep 2023, 01:24 L1 play off push.
Imagine Steve Evans and Stevenage in the Championship…. I hope we stop their play off push before it starts.
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Robin
Posts: 16068
Joined: 20 Nov 2009, 11:19
Stevenage are a smaller or at least comparable club with ourselves yet they appear to have signed experienced players and are targeting a good season. How can that be?
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RegencyCheltenhamSpa
Posts: 29859
Joined: 21 Nov 2009, 03:27
Robin wrote: ↑23 Sep 2023, 10:33 Stevenage are a smaller or at least comparable club with ourselves yet they appear to have signed experienced players and are targeting a good season. How can that be?
A few things.

First of all, their owner is also a an owner of Lamex Agrifoods. Lamex Agrifoods turnover is around £65-70million a year. Stevenage of course play at the Lamex Stadium. I suspect those naming rights cost a lot more than ours do *wink wink*.

Next, compare the accounts of the two clubs.

We have total fixed + current assets of around £4.3 million

Stevenage’s fixed + current assets are around £4.8m.

Not a huge difference but it means they can borrow a bit more.

We owe creditors £2.2 million. Stevenage owe creditors a little over £3.0m.

Stevenage are also bigger in size. Our accounts report 106 employees. Stevenage report 144.

So overall, Stevenage are a slightly bigger financial entity but I suspect the Lamex connection helps them the same way Ecotricity helps FGR.
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