FORUMS FORUMS



  
FORUMS > Halifax Panthers > So where was last seasons prize money spent?
38 posts in 4 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin
RankPostsTeam
International Chairman3336No
Team
Selected
JoinedServiceReputation
May 200223 years
OnlineLast PostLast Page
Aug 2019Aug 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



You'll have to excuse my ignorance as I'm basing my question and figures on what I've read on here and been told. I'm still curious as to where all the money went from last seasons prize money. Firstly can someone officially state what we received in total. From what I remember it was a pretty big sum and it was paid in instalments wasn't it? Happy to be educated on the matter but I've seen quite a number of people ask the same question and don't think I've ever seen an answer.

I did think it would be a catalyst to move us forward but it didn't really see an upturn in player recruitment standards so the money can't have gone there, if anything we went backwards in that department so where did the money go? Backroom equipment, staff? What makes it worse is we are now if rumours are true struggling to keep our head above water money wise so to go from winning 750k? To being skint I am curious as to where it all went, did we pay off debts, rent? Buy back shares from ex directors?

RankPostsTeam
International Board Member1298No
Team
Selected
JoinedServiceReputation
Jan 200322 years
OnlineLast PostLast Page
Oct 2019Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



The club invested in a new web site, and a new computer system for the office

RankPostsTeam
Club Captain274No
Team
Selected
JoinedServiceReputation
May 20169 years
OnlineLast PostLast Page
Oct 2024Oct 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Malfax "The club invested in a new web site, and a new computer system for the office'"


That is a logical spend if needed and may account for £10k, but doesn't answer Waddy's questions, isn't it about time someone from the club explained what is going on?

RankPostsTeam
International Star1743No
Team
Selected
JoinedServiceReputation
Sep 201014 years
OnlineLast PostLast Page
Nov 2019Aug 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Dbvada "That is a logical spend if needed and may account for £10k, but doesn't answer Waddy's questions, isn't it about time someone from the club explained what is going on?'"


I couldn't agree more. I've not renewed any of my families season tickets. I was awaiting the summer bash fixture and maybe something positive from the club. Nothing has been forth coming so we will just pay on the gate this year.

The year before last we dinned 5 times and the club seemed engaged and on a flight path to something significant. Last year, performance poor, communication even worse, stand closures, unquashed rumours etc and the potential to not open south stand for some games and still no clear message from the club as to where money has gone etc. Needless to say we didn't dine once, even though the wife asked repeatedly I couldn't justify spending £150 for a few hours of a bite to eat and a game of poor rugby.

I really do fear for the club at this moment in time but without clear messages coming out from the club, my money is safer in my pocket.

RankPostsTeam
Player Coach1460No
Team
Selected
JoinedServiceReputation
Jul 200717 years
OnlineLast PostLast Page
Nov 2024Aug 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Computer system! You can pick up a refurbished PC on-line for £80 a pop. Add to that, companies now offer dirt cheap productive software to run HR, payroll etc.
Plus the website and maintenance contract can be no more than a bucket collection.

I personally believe Abbotts departure has begun the collapse of the house of cards.

It's time for our directors to be honest with their support base. Don't alienate them, as there are no other supporters to replace them at this moment in time.

RankPostsTeam
Player Coach213No
Team
Selected
JoinedServiceReputation
Jun 200915 years
OnlineLast PostLast Page
Aug 2019Feb 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Paying directors loans back

RankPostsTeam
Club Captain274No
Team
Selected
JoinedServiceReputation
May 20169 years
OnlineLast PostLast Page
Oct 2024Oct 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: The Sleaze "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.

RankPostsTeam
Player Coach330No
Team
Selected
JoinedServiceReputation
Sep 200915 years
OnlineLast PostLast Page
Oct 2022Apr 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



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.

RankPostsTeam
International Star3533
JoinedServiceReputation
Jun 201014 years
OnlineLast PostLast Page
Nov 2023Jul 2023LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



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.

RankPostsTeam
Club Captain274No
Team
Selected
JoinedServiceReputation
May 20169 years
OnlineLast PostLast Page
Oct 2024Oct 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Norman Bates "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!

RankPostsTeam
International Star1103No
Team
Selected
JoinedServiceReputation
Jan 201411 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



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

RankPostsTeam
Club Coach9528
JoinedServiceReputation
Feb 200520 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



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.

RankPostsTeam
International Star1301
JoinedServiceReputation
Aug 201311 years
OnlineLast PostLast Page
Nov 2024Sep 2023LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Pretty sure the figure we won was £670,000

RankPostsTeam
International Star4788
JoinedServiceReputation
Nov 201113 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



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

RankPostsTeam
Club Coach5865No
Team
Selected
JoinedServiceReputation
Oct 200420 years
OnlineLast PostLast Page
Mar 2019Nov 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Hudd-Shay "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

38 posts in 4 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin
38 posts in 4 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin



All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.

Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.

RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.

Copyright 1999 - 2024 RLFANS.COM

You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.



Please Support RLFANS.COM


35.115234375:10
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
14m
2025 Fixtures
Jemmo
1
15m
BORED The Band Name Game
Boss Hog
63260
16m
Game - Song Titles
Boss Hog
40792
20m
Film game
Boss Hog
5735
31m
2025 Sqaud
Sadfish
1
Recent
Spirit of the Rhinos
batleyrhino
5
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
11s
Shopping list for 2025
hull2524
5586
20s
Salford
karetaker
52
35s
ALL NEW 49ERS ERA LEEDS UTD THREAD
chapylad
2607
59s
Pre Season - 2025
Irregs#16
188
1m
Film game
Boss Hog
5735
1m
Spirit of the Rhinos
batleyrhino
5
1m
Game - Song Titles
Boss Hog
40792
1m
Rumours and signings v9
[Gareth]
28897
2m
2025 Shirt
Warrior Wing
20
2m
2025 Sqaud
Sadfish
1
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
2025 Fixtures
Jemmo
1
TODAY
2025 Sqaud
Sadfish
1
TODAY
Salary Cap Changes Blocked - 11 votes to 1
Bent&Bon
6
TODAY
Fixtures 2025
Bull Mania
4
TODAY
Spirit of the Rhinos
batleyrhino
5
TODAY
Mike Ogunwole
Wanderer
1
TODAY
Bailey Dawson
Wanderer
1
TODAY
2024
REDWHITEANDB
14
TODAY
Dan Norman Retires
Cokey
1
TODAY
How many games will we win
Trojan Horse
36
TODAY
Leigh Leopards - 2025 Fixtures
Bent&Bon
6
TODAY
Catalan Away
Dannyboywt1
6
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
Smiffy27
15
TODAY
Fixtures
Willzay
13
TODAY
Salford
karetaker
52
TODAY
WCC Off
Choc Ice
11
NEWS ITEMS
VIEWS