Post by Dave on Feb 16, 2009 18:24:11 GMT
Yeovil Town Football Club has just found out, that their main sponsor Bradford's Building Supplies are ending their sponsorship of the club at the end of the season. As we all now know that due to sad and unfortunate circumstances we lost our main sponsor earlier in the season.
It is not a big surprise to me that Bradford's are ending their sponsorship, in every Bradford's, Jewsons, R.G.B. Travis Perkins, I go to in Devon, Somerset, Dorset and Cornwall, I have seen a frightening amount of staff lose their jobs. Not many tradesmen out there working and so not much building materials are being sold, but it also knocks on to other types of company's.
Multi- national hire chains who also sponsor sports are in big trouble. I was in one Brandon Hire shop talking to the manager at 8am and in walked two men in suits. They had ready made banners to put on the windows, that said This Branch Is Now Closed and then they just locked the place up. Speedy Hire borrowed hundreds of millions last year to take over Hewden Hire and now learn that the whole company is only worth what they had just paid for Hewdens, so many branches have been closed down and so many jobs also lost.
It has to make sense to all these company's that one way to save money and try and protect what jobs are left, is to end all their sponsorship deals and that is what is now happening and I'm sure the effects will be felt hard by so many sports clubs around the country.
Colin Lee said the new shirt deal was worth a lot to the club, maybe we will see the name Vandanel on the kit for next season, but it is going to be hard to maintain any sponsorship deals, let alone find any new ones.
I was pleased to see the club join in the fight with Cambridge and make the case for clubs in the BSP getting money for the youth schemes as its only league clubs who get any payments and once a team drop into the BSP they would lose around £200.000, money that has to be used only on for the youth scheme, but money that would surely be enough to pay for our own for a whole season.
With gates dropping and money from sponsors drying up, so many clubs are going to find thing's get even tougher and while Chris Hayes asked the question, should all BSP teams be full time, I think many will end up going back to part time. I'm sure our board will do everything to keep our club as a full time one, but I do fear they may struggle to keep the youth set up running, unless they have a gem, that we will soon sell to Man U for a million.
It is not a big surprise to me that Bradford's are ending their sponsorship, in every Bradford's, Jewsons, R.G.B. Travis Perkins, I go to in Devon, Somerset, Dorset and Cornwall, I have seen a frightening amount of staff lose their jobs. Not many tradesmen out there working and so not much building materials are being sold, but it also knocks on to other types of company's.
Multi- national hire chains who also sponsor sports are in big trouble. I was in one Brandon Hire shop talking to the manager at 8am and in walked two men in suits. They had ready made banners to put on the windows, that said This Branch Is Now Closed and then they just locked the place up. Speedy Hire borrowed hundreds of millions last year to take over Hewden Hire and now learn that the whole company is only worth what they had just paid for Hewdens, so many branches have been closed down and so many jobs also lost.
It has to make sense to all these company's that one way to save money and try and protect what jobs are left, is to end all their sponsorship deals and that is what is now happening and I'm sure the effects will be felt hard by so many sports clubs around the country.
Colin Lee said the new shirt deal was worth a lot to the club, maybe we will see the name Vandanel on the kit for next season, but it is going to be hard to maintain any sponsorship deals, let alone find any new ones.
I was pleased to see the club join in the fight with Cambridge and make the case for clubs in the BSP getting money for the youth schemes as its only league clubs who get any payments and once a team drop into the BSP they would lose around £200.000, money that has to be used only on for the youth scheme, but money that would surely be enough to pay for our own for a whole season.
With gates dropping and money from sponsors drying up, so many clubs are going to find thing's get even tougher and while Chris Hayes asked the question, should all BSP teams be full time, I think many will end up going back to part time. I'm sure our board will do everything to keep our club as a full time one, but I do fear they may struggle to keep the youth set up running, unless they have a gem, that we will soon sell to Man U for a million.