Official Grimsby Town
www.gtfc.co.uk

Company History

2016 - A second successive visit to the National League Play-off Final at Wembley Stadium sees the club return to the Football League for the first time in six years. Additional revenues were counterbalanced by an increase in operating costs resulting in a surplus of £59,062.

2015 - A first visit to the Conference League Play-Off final at Wembley Stadium together with the associated incomes helped to limit the trading loss to £78,705.

2014 - The club reached the Conference Play-Off semi final for the second year running and also progressed to the third round of the FA Challenge Cup competition for the first time since 2003, helping to curtail losses to £164,359.

2013 - Despite an appearance in the FA Trophy final at Wembley Stadium in March and reaching the Play-off Semi-Finals the club returned a loss of £453, 571. The club backed by 20,000 mariners fans received £218.000 from its share of the Wembley Final. The clubs ongoing efforts to return to the Football League meant player wage costs were higher than forecast but were in part funded by a cash surplus from the Ryan Bennett money received in the previous year.

2012 - The income from the on sale of former player Ryan Bennett from Peterborough United to Norwich City in the January transfer window helped to offset trading losses, enabling a profit of £142,404.

2011 - A poor performance in the Conference National League and no Cup success, together with reduced Football League revenues leaves the Club with a loss of £936,177.

2010 - The team are relegated to the Conference League for the first time in the Club’s history. Trading losses are bolstered by the sale of Ryan Bennett to Peterborough United and Jack Barlow to Hull City. The loss for the year is £40,264.

2009 - A poor season on the pitch sees a substantial reduction in gate income, coupled with increased playing staff costs to support the team’s survival in the Football League results in a loss of £639,202. The Companies Act of 2006 sees the requirement to have an authorised share capital abolished.

2008 - The Mariners return to Wembley Stadium in the Johnstone Paint Trophy Final helping Town to make a surplus of £114,603.

2007 - Historical planning costs of £573,796 for the proposed new stadium are written off to the profit and loss account leaving a loss for the year of £857,513.

2006 - The Club return a profit of £407,301, having reached the League 2 Play-Off Final at the Millennium Stadium and as a result of two lucrative television fixtures in the League Cup versus Tottenham and Newcastle United

2005 - A loss of £29,360 is declared. The financial situation improved significantly on the previous year as a result of the ending of the financial commitments under taken following the ITV Digital contract.

2004 - A loss of £532,180 is made as the Club continues to suffer from unaffordable costs as a direct consequence of the collapse of ITV Digital.

2003 - ITV Digital collapses resulting in the loss of second year payment of £2m leaving the company with unaffordable commitments. NTL goes into Administration resulting in the cancellation of forecast receipts. A loss of £99,504 is declared.

2002 - The Club remains in the First Division resulting in £3m rights fee payment from ITV Digital. A profit of £1,072,757 is recorded.

2001 - As a result of substantial investment in players to ensure survival in the League Division One (Championship) the company sustains record losses of £2.3m.

2000 - The Football League announces record deal of £375m with ITV Digital for the television broadcast rights for League Football. At the same time NTL secure internet rights with the Football League for £45m over three years. The loss for the year was £1,032,473.

1998 - A monumental season for the Mariners ends with two historic wins at Wembley Stadium in the Division 1 Play-Off Final and the Auto Windscreens Shield, resulting in the company posting record profits of £1,341,003.
1997 - John Oster is transferred to Everton for a new Club record of £2 million. The profit for the year is £539,845.

1996 - The Club is required to redevelop Blundell Park to an all seater stadium to comply with Lord Justice Taylor’s Report costing in excess of £1m. Gary Croft is sold to Blackburn Rovers for a record fee of £1.7 million resulting in a record profit of £593,931.

1987 - The share capital of the company is increased from £150,000 to £600,000 by the creation of 2250 ordinary shares of £100 and 4,500 ordinary shares of £50.

1986 - The share capital of the company is increased from £60,000 to £150,000 by the creation of 600 ordinary shares of £100 and 600 ordinary shares of £50.

1983 - The second phase of the Findus Stand is completed introducing executive boxes and restaurant facilities. The final phase to provide new dressing rooms was never fulfilled.

1982 - On 29th August 1982 the £1m Findus Family Stand is open for the first time, as the Mariners play hosts to Leeds United.

1950 - The 1949/50 season saw the Clubs highest ever average gate of 18,238.

1939 - The Mariners miss out on an FA Cup final appearance for the second time in two years in the historic FA Cup Semi-Final encounter with Wolves, which was played at Old Trafford in front of 76,962 fans. The attendance is still a record for Old Trafford.

1937- Town reach the Semi-Final of the FA Cup for the first time in their history, losing to Arsenal who went onto lift the cup at Wembley.

1935 - Town’s highest ever finish - 5th in Division One. Eventual champions Arsenal ending only 13 points ahead of the Mariners.

1899 - The Club moves to Blundell Park and play their first home game against Luton Town on 2nd September 1899 in front of a 4,000 crowd.

1891 - On 20th June 1891 the Club is incorporated as a company and the Memorandum and Articles of Association are adopted.

1890 - On 20th May 1890, Grimsby Town Football Club, became a limited company, when a share capital of £1800 in one pound shares was made available, although only 400 of these original shares were bought up.

1889 - The ‘Town’ move to Abbey Park, situated off Welholme Road, where Peoples Park and Farebrother Street now stand. The new home was on land owned by Edward Heneage, the MP for Grimsby, who was Chairman at the time.

1880 - Clee Park becomes Town’s official home ground after a lease was purchased at a cost of 10 schillings (50p) per annum. The ground was situated where parts of Daubney Street and Barcroft Street now run on the opposite side of Grimsby Road to Blundell Park.

1879 - The name is changed to Grimsby Town Football Club as there were two other clubs in the town using the Pelham name.

1878 - ‘Grimsby Pelham’ Club is formed, following a meeting at the Wellington Arms public house in Freeman Street. Pelham was the family name of the Earl of Yarborough a large landowner in the area who became patron of the Club.