Paying directors loans back

In the past a number of directors have not asked for loans to be paid back. I believe that was the case with both the two gentleman who helped save the club at different times, Pierson and Posner, and other past directors like Harvey and Sweeney. I also understand that present directors Steele and Riley have written off amounts, which for them were relatively large against their personal wealth. In all cases that is admiarable, and as fans we should be thankful that they have given far more to the club than I could afford.

If other people have loaned the club money, and there must have been significant amounts given the accounts, with the intention of wanting the cash back in "better times", then that is also fine, we should thank them for doing so - given there was always a high chance of getting nothing back.

However, the club have a responsibility to fans to be more open on both the present predicament and where the income (£750k?) went if they don't wish to be criticised for producing what looks like a sub standard team in 2017.

Clubs do not receive the money as a lump sum but in 12 monthly installments, also income was reduced at the end of the season due to fall in crowd numbers when the team wasn't performing well and failed to reach middle 8's. This impinged on income.

Whilst the figure was £750k the club will have planned for a smaller figure so the cash being discussed is only the difference between the two sums. Potentially we are talking a couple of hundred thousand ( I know it sounds like a lot, and in my bank account it would be) but for the club it isn't. Also given the drop in gates this year some of the money would have been used to balance that out so all in all not a vast amount to play with.
New computers etc. Money to reserves and a larger, though in the end less competitive, squad and the bulk of it is gone.

All that is possible, but on the assumption they have paid less win bonuses, didn't really sign any big names, had increased new sponsers, sorted out te he rent debate, had a lower paying budget and crowd fall was only marginal the gap could be £300-£400k.

It is frankly useless speculation unless they tell us!

Stop Speculating then ! it is what it is. The club have spent/saved /paid back or whatever has needed to do.

To hazard a guess:-
If players were on performance bonuses for the previous season some of it may have gone there.
Larger squad plus reserves would have taken up quite a chunk.
Rent arrears?
Upgrades for office equipment as has been mentioned, along with maybe other expense like gym equipment that could soon add up.
Maybe one of the biggest things that may have got overlooked is that quite possibly the extra money meant that our directors did not have to dip in to their own pockets as much as they may have done in previous seasons?
I would be amazed if any of our current directors took any money back but if they did then it will probably show on the balance sheet and even if they did as has been said we should be grateful they were willing to put their own money in in the first place but I doubt its a case of them taking money back anyway.

Our directors backed our coaches vision of trying to make the club SL ready which would take a few years but last seasons under performance by playing and coaching staff has left the club in a bit of a mess and the only criticism I would lay with our directors was that maybe nobody said "what if?" what if we do not finish in the top 4? It was easy to get caught up in the hype though so who could blame them if that were the case? Our team looked unstoppable and you would have been hard pushed to find any fan of this league who did not predict us to finish in the top 4.

Pretty sure the figure we won was £670,000

It's a poor bloody do when Halifax RLFC'S ambition seems to be a top four finish in't 2nd division.

Top four finish next season? I think mid table at best and surviving the season will be an achievement regards communication we only get told something when the club want money or help

But any good business always has a plan b, c and d in place. The BoD should certainly have had one mid season when the results weren't going our way. It is a very difficult task running HRLFC and I don't envy them, but they have decided to do it.