18/03/2015 : Yeovil Town Official Statements : Chairman's Message To Supporters
18 March 2015 : Chairman's Message To Supporters
Yeovil Town chairman John Fry has defended Yeovil Town's success and financial viability record and issued a stark warning for the future following the disappointing defeat at Colchester last night.

"Over the past 20 years, and to their credit, unlike a vast number of clubs in the football pyramid, the directors of YTFC have run the club extremely successfully, including four promotions, two Wembley play off finals and a FA Trophy final at Villa Park, and without going into administration. This has made YTFC one of the best run and most successful clubs in the lower leagues, said Mr.Fry.

“Football has got to realise that the whole game is going to have to change with the introduction of SCMP. Small clubs like Yeovil will struggle to provide sufficient revenues to build a squad capable of being amongst the top echelon of clubs in the division. Attendance figures, and football related revenues, will now take centre stage and as Glovers Chairman,I need to stress the huge implications of SCMP for smaller clubs like Yeovil and the drop in the size of the player budget, if as expected, gate receipts fall.

"Under the current situation at Huish Park, we need average crowds of at least 5000 plus, to generate sufficient income to compete in League One. With crowds averaging around 4000 per game at League One level, the emphasis has to go onto off the field activity like corporate hospitality and sponsorship to boost turnover.

"Our supporters and sponsors need to be aware of these fundamental changes. This is one of the main reasons why it is so important for the future of YTFC to increase the club's secondary revenue streams through the development of the Huish Park Stadium and site for our supporters.

“When FIFA, the world football ruling body, imposed Financial Fair Play and the Football League implemented Salary Cap Management Protocol (SCMP) on League One & Two Football Clubs, it is quite clear they didn’t consider the implications for a club like Yeovil Town.

“SCMP dictates that club's can only spend 55% of their football related turnover on their player budgets. Sadly, no account was taken of existing figures and potential revenue, so for clubs the size of Yeovil it has huge implications.

“For many years unrealistic players wages have been a major factor in sending football clubs into administration, which has prompted the intervention by the Football Authorities and the British Government.

"At the start of this season the YTFC board allowed Gary Johnson to roll the dice for a top six finish in League One. With inadequate parachute payments from the Football League following our relegation last season and with a loss of £5 million in our operating revenues, it was always going to be an awesome task just to compete in League One this season.

"With a big overspend on the player budget, the revenues from the Manchester United FA Cup match had to be used to make up the combined budget overspend and the loss of revenues through a lower than forecasted match attendance.

"This strategy has clearly failed as we have since found to our cost, past performance is is no guarantee of future results and we find ourselves at the bottom of League One.

"These are difficult times for everyone at our club, for which we need to find the right solutions that threaten our survival in League One and our future in the Football League. The proposed changes to the Short Term Loan rules, will only add to our problems.

"The doom and gloom approach will not help our cause. We need to formulate a new football strategy and build a team around affordable 'home grown' young quality players. We need to start planning immediately for these changes, however, we are not in the best position to be facing these sort of changes right now.

“Some supporters have turned on the board during our recent poor run of form, but, what they don’t realise that ours is a working board made up of long standing Green and White supporters. Members of our board have provided their executive expertise to the club free of charge, saving the club thousands of pounds.

"My directors have taken no dividends or fees from the surplus funds that was made through the efficient management of the Club resources during our Championship season, instead, the directors approved the injection of £1.4 million of funds into our 2014/2015 football budget, giving our Football Manager, Gary Johnson, the Club's biggest League One player budget in our recent history.

"This increase provided Gary with the 14th biggest player budget in League One, which, if it had been used effectively, would have at least kept the Glovers in League One for next season.

"It cannot be a coincidence that other West country clubs have already started to feel the effects of SCMP such as Cheltenham, Torquay, Hereford and Bristol Rovers. If supporters want to continue to see top class football at Yeovil and other football clubs in the West Country they are going to have to understand what the directors are facing with that of the increase in player costs in this part of the country and the effects of SCMP on squad budgets.

"We all need to embrace these changes and be realistic in our expectations. We are between a rock and hard place. We need supporters to understand these stark realities.

“Football has brought this town success and national coverage. Before it's too late it is time for a reality check and for the whole town to get behind the club so football can continue to provide the passion our national game generates on a local level.”


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Other Entries In The Yeovil Town Official Statements Section.
Date Title Author Link
15/05/2019 Club Statement On Advancements YTFC Link
04/01/2019 Skiverton named Academy Head of Coaching YTFC Link
02/01/2019 Club statement On December Supporters Alliance Meeting YTFC Link
20/11/2018 Way signs contract extension at Huish Park YTFC Link
16/08/2018 Harrison confirmed as Academy Manager YTFC Link
21/12/2017 Insight 63 Briefing YTFC Link
11/12/2017 Rumoured Takeover YTFC Link
10/05/2017 Club Vote On Future Of EFL Trophy YTFC Link
05/04/2017 Glovers Chairman Warns On Club Losses YTFC Link
17/04/2016 Preview Plans To Develop Huish Park Stadium YTFC Link
14/04/2016 Darren's Winning Way Is Helping To Cut Town's Losses YTFC Link
27/10/2015 Glovers Chairman Replies To The Critics YTFC Link
04/08/2015 Stadium Complex Planning Application YTFC Link
31/03/2015 Next Season's Prices To Be Announced Shortly YTFC Link
31/03/2015 Glovers Profits Up, But There's A Challenge Ahead - Chairman YTFC Link
31/03/2015 Supporters In Face To Face With Club Bosses YTFC Link
18/03/2015 Chairman's Message To Supporters YTFC Link
14/01/2015 Planning Public Consultation Announced YTFC Link
14/10/2014 'Stay Calm' Says Chairman YTFC Link
03/06/2014 Club Withdraw Planning Application YTFC Link
19/04/2014 Gary And John In Rallying Call YTFC Link
17/04/2014 Club Statement (Asda Supermarket Group) YTFC Link
26/03/2014 Development Petition Tops 1100 YTFC Link
25/03/2014 Fry - Please Sign Our Petition YTFC Link
22/03/2014 Show Your Support YTFC Link
17/03/2014 Captains Of Industry Show Their Support YTFC Link
04/03/2014 Fry's Q and A Document YTFC Link
25/02/2014 Work On New 3G Pitch Begins YTFC Link
25/02/2014 Club Deny Mitchell Talks YTFC Link
25/02/2014 Development Details For Councillors YTFC Link
16/02/2014 2014-15 Season Tickets Announced YTFC Link
04/02/2014 Club To Submit Plans YTFC Link
07/08/2013 Restructuring At Huish Park YTFC Link
24/03/2012 Your Club Needs You! YTFC Link
02/03/2012 Huish Park Development Statement YTFC Link
01/12/2011 Development Plans Update - Dec 1st YTFC Link
24/11/2011 Development Plans Update YTFC Link
25/10/2011 Blue Sky Over Huish Park YTFC Link
25/03/2011 Supporter Communication Plans YTFC Link
21/03/2011 YTFC Plan Major New Developments YTFC Link
23/12/2010 Club Announce Small Profit YTFC Link
03/06/2010 Club Announces Restructuring Proposal YTFC Link
12/04/2010 Club Posts Loss YTFC Link
29/10/2009 Hayward Joins The Board YTFC Link
10/05/2009 Club Announce Profit For Year Ended June 2008 YTFC Link
16/10/2008 Fry Issues "Hands Off" Warning YTFC Link
07/06/2008 Starnes Answers Mildenhall Comments YTFC Link
12/12/2007 New Chief Executive At Huish Park YTFC Link
16/02/2007 Official Club Statement - Disabled Supporters Association YTFC Link
30/03/2006 Two New Directors Join The Board YTFC Link
30/03/2006 John Fry Clarifies Press Comments YTFC Link
Other Entries By YTFC.
DateTitleAuthorLink
5/15/2019Club Statement On AdvancementsYTFCLink
5/15/2019Supporter Alliance Meeting : Wednesday 10th April 2019YTFCLink
3/18/2019Supporter Alliance Meeting : Wednesday 6th February 2019YTFCLink
3/14/2019Supporter Alliance Meeting : Wednesday 14th March 2019YTFCLink
1/4/2019Skiverton named Academy Head of CoachingYTFCLink
1/2/2019Club statement On December Supporters Alliance MeetingYTFCLink
11/21/2018Supporter Alliance Meeting : Wednesday 21st November 2018YTFCLink
11/20/2018Way signs contract extension at Huish ParkYTFCLink
10/10/2018Supporter Alliance Meeting : Wednesday 10th October 2018YTFCLink
8/16/2018Harrison confirmed as Academy ManagerYTFCLink
5/16/2018Supporter Alliance Meeting : Wednesday 16th May 2018YTFCLink
4/18/2018Supporter Alliance Meeting : Wednesday 18th April 2018YTFCLink
3/21/2018Supporter Alliance Meeting : Wednesday 21st March 2018YTFCLink
12/21/2017Insight 63 BriefingYTFCLink
12/11/2017Rumoured TakeoverYTFCLink
10/12/2017Club engage with Insight 63 LtdYTFCLink
5/10/2017Club Vote On Future Of EFL TrophyYTFCLink
4/5/2017Glovers Chairman Warns On Club LossesYTFCLink
4/17/2016Preview Plans To Develop Huish Park StadiumYTFCLink
4/14/2016Darren's Winning Way Is Helping To Cut Town's LossesYTFCLink
10/27/2015Glovers Chairman Replies To The CriticsYTFCLink
8/4/2015Stadium Complex Planning ApplicationYTFCLink
3/31/2015Next Season's Prices To Be Announced ShortlyYTFCLink
3/31/2015Glovers Profits Up, But There's A Challenge Ahead - ChairmanYTFCLink
3/31/2015Supporters In Face To Face With Club BossesYTFCLink
3/18/2015Chairman's Message To SupportersYTFCLink
1/14/2015Planning Public Consultation AnnouncedYTFCLink
10/14/2014'Stay Calm' Says ChairmanYTFCLink
6/3/2014Club Withdraw Planning ApplicationYTFCLink
4/19/2014Gary And John In Rallying CallYTFCLink
4/17/2014Club Statement (Asda Supermarket Group)YTFCLink
3/26/2014Development Petition Tops 1100YTFCLink
3/25/2014Fry - Please Sign Our PetitionYTFCLink
3/22/2014Show Your SupportYTFCLink
3/17/2014Captains Of Industry Show Their SupportYTFCLink
3/4/2014Fry's Q and A DocumentYTFCLink
2/25/2014Work On New 3G Pitch BeginsYTFCLink
2/25/2014Club Deny Mitchell TalksYTFCLink
2/25/2014Development Details For CouncillorsYTFCLink
2/16/20142014-15 Season Tickets AnnouncedYTFCLink
2/4/2014Club To Submit PlansYTFCLink
8/7/2013Restructuring At Huish ParkYTFCLink
3/24/2012Your Club Needs You!YTFCLink
3/2/2012Huish Park Development StatementYTFCLink
12/1/2011Development Plans Update - Dec 1stYTFCLink
11/24/2011Development Plans UpdateYTFCLink
10/25/2011Blue Sky Over Huish ParkYTFCLink
3/25/2011Supporter Communication PlansYTFCLink
3/21/2011YTFC Plan Major New DevelopmentsYTFCLink
12/23/2010Club Announce Small ProfitYTFCLink
6/3/2010Club Announces Restructuring ProposalYTFCLink
4/22/2010Supporters Ideas Discussed By SLG : Devon Fan's 36 IdeasYTFCLink
4/12/2010Club Posts LossYTFCLink
3/1/2010Supporters Liaison Group Report : Meeting No. 1YTFCLink
10/29/2009Hayward Joins The BoardYTFCLink
8/28/2009New Supporters' Liaison Group LaunchedYTFCLink
5/10/2009Club Announce Profit For Year Ended June 2008YTFCLink
2/26/2009Achieve By Unity Fans Partnership Meeting Minutes No. 8YTFCLink
2/18/2009Achieve By Unity Fans Partnership : Extraordinary MeetingYTFCLink
1/22/2009Achieve By Unity Fans Partnership Meeting Minutes No. 7YTFCLink
10/16/2008Fry Issues "Hands Off" WarningYTFCLink
10/2/2008Achieve By Unity Fans Partnership Meeting Minutes No. 6YTFCLink
8/4/20082008-09 Achieve By Unity Fans Partnership Meeting Supporters Representatives ProfilesYTFCLink
7/9/2008Achieve By Unity Fans Partnership Meeting Minutes No. 5YTFCLink
6/7/2008Starnes Answers Mildenhall CommentsYTFCLink
4/3/2008Achieve By Unity Fans Partnership Meeting Minutes No. 4YTFCLink
1/17/2008Achieve by Unity Fans Partnership Meeting Minutes No. 3YTFCLink
12/12/2007New Chief Executive At Huish ParkYTFCLink
11/22/2007Achieve By Unity Fans Partnership Meeting Minutes No. 2YTFCLink
10/19/2007The Achieve By Unity Fans Partnership MeetingYTFCLink
10/18/2007Achieve By Unity Fans Partnership Meeting Minutes No. 1YTFCLink
2/16/2007Official Club Statement - Disabled Supporters AssociationYTFCLink
2/9/2007February Customer Charter MeetingYTFCLink
3/30/2006Two New Directors Join The BoardYTFCLink
3/30/2006John Fry Clarifies Press CommentsYTFCLink
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