Spennymoor FC

Spennymoor Town Football Club Case Study

Currently competing in the National League North (the sixth tier of English football), Spennymoor Town FC was born in the summer of 2005, following the closure of former club Spennymoor Utd.

The club achieved national fame following their victory over Tunbridge Wells in the 2013 FA Vase final and their appearance in the First Round of the 2017 FA Cup.

Overview

Following three promotions in four years, Spennymoor Town FC realised that to continue driving the club forward, it was imperative they became a success off the pitch as well as on it.

The first step the club took was to evaluate their off-field running costs, which included their 6,000-capacity stadium, Brewery Field, and the clubs dedicated supporter’s pub, The Moors Tavern.

To mitigate the running costs of the sites, Spennymoor Town Football Club approached cost-reduction experts Great Annual Savings (GAS) to analyse their current spend and represent them in contract renegotiations with their long-list of suppliers.

Solution

A key differentiator for the club choosing GAS was the firm’s ability to make great savings on multiple areas of the business, including:

Energy: Following a comprehensive investigation and analysis of the club’s existing energy contracts, GAS’s team of industry-leading procurement specialists utilised their superior buying power to renegotiate their current terms and establish significant cost savings over the course of their new contract.

Water: With the English water market becoming deregulated in April 2017, GAS used their unique relationships with some of the UK’s leading water suppliers to negotiate the club’s water contracts on a vastly reduced rate.

Telecoms: With access to prices and tariffs otherwise unavailable to those in the business world, GAS installed telephone lines and internet connectivity across the sites at a fraction of what they were previously paying.

Waste: After conducting a full audit of their existing waste management procedures, GAS restructured the club’s processes to create new cost-effective methods of controlling their recycling, glass and general waste.

Insurance: As an Introducer Appointed Representative (IAR) for some of the sector’s most respected insurance providers, GAS secured major savings for the club after constructing a new insurance plan that ensured they were only paying for exactly what they needed.

Benefits

  • Experience significant cost savings by the end of their existing contracts.
  • Establish long-term control over their future running costs.
  • Maximise the accuracy of their financial forecasts with a tighter control over spending.
  • Remove the burden of managing their utilities in-house.
  • Access specialist insurance cover for the pub trade.
  • Improve their carbon footprint by eliminating excess general waste.

In GAS, Spennymoor Town have found a partner with the expertise and portfolio of services to provide an end-to-end solution that would allow them to not only reduce their current running costs, but also manage their expenditure long-term across both sites.

Testimonial

“We were looking to save money on our running costs across the board and didn’t want the hassle of negotiating with numerous suppliers and brokers. The appointment of GAS has taken that job out of our hands and the company’s experience in dealing with these issues will enable us to make significant cost savings as we look to grow the football club both on and off the pitch.”

The savings we have made allowed us to focus on what’s most important, creating a football team the town can be proud of.”

Tony Wilson, Managing Director,
Spennymoor Town Football Club

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Paul JohnsonGroup Financial Director

Paul Johnson is very much a home-grown talent.

He joined Great Annual Savings Group in its infancy, fresh from a youth career as a professional footballer with Hartlepool United.  He quickly established a reputation within the business and aced all required accountancy qualifications in the space of four years to become the Group’s Management Accountant.

Several successful projects later, Paul was promoted to Head of Finance.  When the former FD left GAS, he took on the mantle of the business’ most senior finance professional; boasting a string of incredible achievements all under the age of 30.

Quote:

“I have witnessed phenomenal growth at the Group over the many years I’ve worked here and I’m looking forward to guiding the Group into an exciting new chapter.”

Interesting fact:

Paul made his professional debut for Hartlepool United against Bournemouth in the Football League.  Some say Danny Ings still resides in his pocket to this day.

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