Vital Football

Latest Rotherham United News

RUFC - 'We'll break even'

RUFC - 'We'll break even'

Rotherham United Chairman, Tony Stewart, says the club will break even this year.

Mr Stewart spoke at the Millers' Trust Forum last week and admitted that his company accounts (ASD Lighting) showed that a 'significant' amount of money had been loaned to Rotherham United.

'Essentially it isn't a loan,' Mr Stewart told the fans, 'it can be written off in three years. The money was invested to get the club out of debt not into debt.

'Rotherham United broke even last year and there will be no working loss this year. There will be no worry about paying wages. This club will get better and more prosperous as we go forward.'

The gates at Don Valley seem to be dropping of late, which in the present climate and time of year, it's probably not surprising but Mr Stewart says there are new initiatives being planned to get extra people into the ground.

One of these is the 'bring a friend for a fiver' on Boxing Day which enables any season ticket holder to bring along two of his/her friends for £5 each. The club are also looking at doing a schools initiative at a fixture later on.

And of the new ground?

Well, Tony Stewart is attending a meeting on Monday which The Advertiser says is a 'giant stride' towards securing land for the new stadium. Mr Stewart himself said at the meeting last week that he hopes to have news about the ground for Christmas 'or maybe a week into the new year.'

Two weeks then . . .



Click here to join in the debate on the club forum.

Writer:Herringthorpe
Date:Friday December 11 2009
Time: 9:00AM

Comments

0
If you are 'breaking even' and looking to sign off debts 'in three years' where will the money for a new ground appear from ? I ask from concern.
C T E
12/12/2009 01:07:00
Page 1/1
  1. 1

Login to post a comment

Recent Rotherham United Articles

RUFC - Will Kieffer Get Straight Back Into Team?

Is Warney already thinking ahead to when Moore is back from suspension?

RUFC - Ball 'Everyone In Good Spirits'

Millers double goalscorer on Saturday says there is no reason why the team can't achieve the same home form as they had at start of season

Ball In Team Of The Week (12/12/17)

Rotherham United are represented in the latest Football League team of the week that has been selected after this week's action.

RUFC - Should Manager's Publicly Berate Refs

Is is OK for Managers to still be complaining about officials days after the game?

Rotherham United Archived Articles

Vital Rotherham articles from

Site Journalists

Herringthorpe
Editor email
Profile
baldtobeamiller
no email
Profile

Current Poll (see more polls)

The Millers Have Six Games In December. How many will we win?
Suggested By:
1-226%
3-425%
Probably 51%
All 6!3%
The way it's going - none45%
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Rotherham United  Results (view all)

Rotherham United  Fixtures (view all)

Vital Members League Table

RankNamePoints
1.herringthorpe200
2.sixpence45
3.mos6025
4.Marky7918
5.nogginthenog6
6.miller4life6
7.mvmiller5
8.Millie Miller5
9.axholme4
10.Lothian3
Write for Vital Football