Quote: Fax Machine "But you are just listening to the bile spewed out constantly by the FCHT maggots. By that I do not mean all FCHT fans but just the minority who post on Shaymen.net. Being a FCHT fan (as well as a Fax fan) you seem to give them more credence than the rest of us.
1. The accounts which keep being posted are up to November 2012, a year old.
2. Since then TA/Reactiv have invested £60,000 in December 2012 and a further £100,000 in July 2013.
3. The club , I believe, has since last year trimmed it's playing budget due to the current financial climate and the subsequent drop in attendances.
4. If you look at the total liabilities of the club and it's net worth for 2009 to 2012 you will see that the debt has actually gone down year by year, not by much I grant you, but I would be more concerned if it was increasing year on year.
5. I may be wrong but I think there may be more to the rent issue than meets the eye because, firstly, I can't see the club just not bothering to pay CMBC for such a long period of time and, secondly, I can't see CMBC letting them get away with it.
6. Yes, the club COULD now be further in the red. I doubt it myself but I concern myself more with the team's performance than the club's balance sheet which is down to the club's Directors and beyond my control.
I know that a number of FCHT fans would love to see Halifax RLFC go out of business but we've just celebrated our 140th Anniversary and I suspect we'll be around for a long time yet.'"
So you say the debt has gone down but also admit that Abbott has pumped money in? Perhaps that is why the debt has gone down?
