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Mike lloyd on RS now


valetillidye

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Can not explain why the youth team have not been paid.........Its financed seperatley........He is blaming SEO and the after match protests.........******* *******......Just **** off Lloyd NOW!!!!!

 

 

Who's had their grubby mitts on that money then?

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Just had a text from ML.

 

Hi Melv.

Thanks for the text.The financial figures that i spoke about are correct.The club started off in 2003 buying out of administration by borrowing £1m.The board borrowed a further £2.2m and paid off the original £1m so then the club was deeper in debt.The club pay over £19000 pm in interest and repayments.This began before I even joined the board.When gate income is reduced through SEO and not spending in the club shop and then having increased charges for extra police and security costs how do you think the club can survive?

 

We also have one of the higher salary levels in league 2.If not enough supporters come through the turnstiles for what ever reason not just PV but any lower league club.Then you cant pay the bills.PV has run out of cash.

 

Sorry to disappoint you Melv but that text couldnt have come from Mike LLoyd. It contained actual information and sounded like the guy knew what was going on.

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Sorry to disappoint you Melv but that text couldnt have come from Mike LLoyd. It contained actual information and sounded like the guy knew what was going on.

 

Id better tell him that someone has his phone and its still working then.

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Sorry to disappoint you Melv but that text couldnt have come from Mike LLoyd. It contained actual information and sounded like the guy knew what was going on.

 

Interesting they borrow £2.2m to pay off £1m in the way that text message reads.He then has the gall to blame SEO.

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Interesting they borrow £2.2m to pay off £1m in the way that text message reads.He then has the gall to blame SEO.
Borrowing the £2.2 M at the time was sensible, since it replaced a loan at a higher rate. The diff would have given working capital or the RW suite completion, but instead was spent on running costs. SEO is a catch all phrase now used for declining gates caused by customer dissatisfaction. Lets hope MOLD will soon be gone.
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Borrowing the £2.2 M at the time was sensible, since it replaced a loan at a higher rate. The diff would have given working capital or the RW suite completion, but instead was spent on running costs. SEO is a catch all phrase now used for declining gates caused by customer dissatisfaction. Lets hope MOLD will soon be gone.

 

I know what it was for.What i was trying to point out was the way his text message read.

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