| FORUMS > Halifax Panthers > Accounts |
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| Rank | Posts | Team |
| International Chairman | 6617 | |
| Joined | Service | Reputation |
| Dec 2001 | 23 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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AM I RIGHT? I'M NOT WRONG!:287.jpg |
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Hope I'm not boring you all digging up all the clubs' accounts.
Now it's the turn of Hull KR. Not much detail re the creditors breakdown because the accounts are abbreviated, but they lost over £360k in 2023 and had net liabilities of £5.4 million. As the 4 non blondes once sang ..... "What's going on?"
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| Rank | Posts | Team |
| International Star | 4788 | |
| Joined | Service | Reputation |
| Nov 2011 | 13 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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64890_1669714931.jpg
Hear All, See All, Say Nowt.
Eat All, Sup All, Pay Nowt.
And if Tha ever does Owt for Nowt,
Allus do it for Thissen.:d7dc4b20b2c2dd7b76ac6eac29d5604e_64890.jpg |
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| Quote: Tony Fax "Hope I'm not boring you all digging up all the clubs' accounts.
Now it's the turn of Hull KR. Not much detail re the creditors breakdown because the accounts are abbreviated, but they lost over £360k in 2023 and had net liabilities of £5.4 million. As the 4 non blondes once sang ..... "What's going on?"'"
Keep going, it's very interesting. |
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| Rank | Posts | Team |
| International Star | 4572 | |
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| Oct 2010 | 14 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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Not sure how to classify the accounts but under the outside info category it’s up there with the best of it, keep going.
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| Rank | Posts | Team |
| Club Owner | 1276 | No
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| Joined | Service | Reputation |
| Apr 2004 | 21 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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| Quote: Tony Fax "Yes, one of the conditions of SKY signing up was the inclusion of Paris and London in SL. Well, almost 30 years on and London are getting hammered with crowds less than 2k but the powers that be still seem obsessed with expansionism and including French teams even though their national team is as bad as it's ever been.
SKY'a involvement was supposed to transform Rugby League and spread the geographical compass, but ironically the advent of full time rugby has made the whole financial situation far worse and it doesn't bear thinking about what mess will be left if they do pull the rug, even though I have no sympathy with the SL clubs whatsoever.
If SKY would have left us alone I'm sure we'd still be playing at Thrum Hall and the sport as a whole would still be part time, finacially more stable and probably more entertaining to watch.'"
Pretty sure that's not true (Sky have denied it) but it was what Lindsay wanted |
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| Rank | Posts | Team |
| International Chairman | 6617 | |
| Joined | Service | Reputation |
| Dec 2001 | 23 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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287.jpg
AM I RIGHT? I'M NOT WRONG!:287.jpg |
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Had a shock looking at Huddersfield's 2023 accounts filed today ..... they made a profit of £3.2 million !!!!!
But alas, don't get too excited. That profit includes a loan of £5.8 million written off from other related parties (we all know who that is) so it's really a £2.6 million loss. The loan write off improved the net liabilities to £15.7 million., with the amount owed to related parties (we know who that is) being £18 million - the only silverware to show for that "investment" is a league leaders trophy. What a waste of money.
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| Rank | Posts | Team |
| Club Coach | 9528 | |
| Joined | Service | Reputation |
| Feb 2005 | 20 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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13050.gif
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."― Albert Einstein[/size:112mouem] [/color:112mouem][/b:112mouem]
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Everybody gets so much information all day long that they lose their common sense." ― Gertrude Stein[/size:112mouem][/color:112mouem][/b:112mouem]
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Don't believe everything you read on the internet" ― Abraham Lincoln [/size:112mouem][/color:112mouem][/b:112mouem]:13050.gif |
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| Rank | Posts | Team |
| International Chairman | 6617 | |
| Joined | Service | Reputation |
| Dec 2001 | 23 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
| Milestone Posts |
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287.jpg
AM I RIGHT? I'M NOT WRONG!:287.jpg |
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| Quote: Greg Florimos Boots "https
Some involvement from the masons maybe?
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| Rank | Posts | Team |
| International Chairman | 6617 | |
| Joined | Service | Reputation |
| Dec 2001 | 23 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
| Milestone Posts |
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287.jpg
AM I RIGHT? I'M NOT WRONG!:287.jpg |
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Bradford's 2023 accounts have finally appeared. No sign of the lease being capitalised. They made a profit of £22k but had net liabilities of £863k. I'm assuming they managed a profit through sponsorship income?
There is no related party note meaning the directors (or their businesses) mustn't be putting in their own money and the £1.3 million "other creditors" is coming from folk not associated directly with the club. Quite odd, if I was loaning the club loads of money I would want a seat on the BOD to make sure it's being spent wisely.
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| Rank | Posts | Team |
| Club Coach | 9528 | |
| Joined | Service | Reputation |
| Feb 2005 | 20 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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13050.gif
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."― Albert Einstein[/size:112mouem] [/color:112mouem][/b:112mouem]
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Everybody gets so much information all day long that they lose their common sense." ― Gertrude Stein[/size:112mouem][/color:112mouem][/b:112mouem]
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Don't believe everything you read on the internet" ― Abraham Lincoln [/size:112mouem][/color:112mouem][/b:112mouem]:13050.gif |
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| Quote: Tony Fax "Bradford's 2023 accounts have finally appeared. No sign of the lease being capitalised. They made a profit of £22k but had net liabilities of £863k. I'm assuming they managed a profit through sponsorship income?
There is no related party note meaning the directors (or their businesses) mustn't be putting in their own money and the £1.3 million "other creditors" is coming from folk not associated directly with the club. Quite odd, if I was loaning the club loads of money I would want a seat on the BOD to make sure it's being spent wisely.'"
That seems to tie in with the lottery winner investor rumor then. Was told that the money put in was ring fenced for playing squad only but the irony is that maybe that money spent on off field investments may have got them that extra point or two which would have seen them get in SL. They have put together a quality squad for next year and should have a chance of winning the league but its not going to help them when it comes to getting in the closed shop. |
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| Rank | Posts | Team |
| Club Owner | 1276 | No
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| Joined | Service | Reputation |
| Apr 2004 | 21 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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| Quote: Greg Florimos Boots "https
Proof that you can polish a turd, although none of the 'improvements' enhance the experience of the normal spectator.
Great to see that IMG have pushed a few clubs into
improving.......by donning a set of Emperor's new clothes. The sport is less about improving performance on the pitch but more around how creative you can be with your accounts.
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| Rank | Posts | Team |
| International Chairman | 6617 | |
| Joined | Service | Reputation |
| Dec 2001 | 23 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
| Milestone Posts |
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287.jpg
AM I RIGHT? I'M NOT WRONG!:287.jpg |
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A few more 2023 accounts re Championship clubs:
Sheffield - Loss of £283k; net liabilities of £209k
Widnes - Loss of £280k; net liabilities of 34k
York - Loss of £380k; net liabilities of £580k
Swinton - Loss of £60k; but wait for it .... NET ASSETS of £75k !!!!! They're solvent! But the assets include £150k of goodwill re the purchase of a business, so god knows what that is and if it really is worth that much?
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| Rank | Posts | Team |
| International Star | 4572 | |
| Joined | Service | Reputation |
| Oct 2010 | 14 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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Quote: Tony Fax "A few more 2023 accounts re Championship clubs
Any mentioned of Swinton receiving an initial loan of £100 grand from Salford Council with another one for the same amount being approved and to follow?
https://www.google.com/url?q=https://ww ... FRD8fEp0aw |
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Quote: Tony Fax "A few more 2023 accounts re Championship clubs
Any mentioned of Swinton receiving an initial loan of £100 grand from Salford Council with another one for the same amount being approved and to follow?
https://www.google.com/url?q=https://ww ... FRD8fEp0aw | |
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| Rank | Posts | Team |
| International Chairman | 6617 | |
| Joined | Service | Reputation |
| Dec 2001 | 23 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
| Milestone Posts |
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287.jpg
AM I RIGHT? I'M NOT WRONG!:287.jpg |
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| Quote: faxcar "Any mentioned of Swinton receiving an initial loan of £100 grand from Salford Council with another one for the same amount being approved and to follow?
The accounts are for the year ended 30/11/2023 so the loan has happened after the year end. Loans as at 30/11/23 = £61k and doesn't say who owed to. The odd thing about Swinton's accounts is the average number of employees for the year is 6 (28 the year before) so I wonder if the players are self employed? Is that allowed? Fax had 33 employees. Employees will also include backroom staff and directors. Bradford's average number of employees was 133 ............... !!!!!
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| Rank | Posts | Team |
| Club Owner | 1276 | No
Team
Selected |
| Joined | Service | Reputation |
| Apr 2004 | 21 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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| Quote: Tony Fax "Bradford's 2023 accounts have finally appeared. No sign of the lease being capitalised. They made a profit of £22k but had net liabilities of £863k. I'm assuming they managed a profit through sponsorship income?
There is no related party note meaning the directors (or their businesses) mustn't be putting in their own money and the £1.3 million "other creditors" is coming from folk not associated directly with the club. Quite odd, if I was loaning the club loads of money I would want a seat on the BOD to make sure it's being spent wisely.'"
A significant portion of their debt will be owed to Andrew Chalmers: when he 'sold' the club to Wood and Co he said he wouldn't (ever) try to recoup it, but it didn't get written off |
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| Rank | Posts | Team |
| Club Coach | 9528 | |
| Joined | Service | Reputation |
| Feb 2005 | 20 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
| Milestone Posts |
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| Milestone Years |
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| Location |
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| Signature |
13050.gif
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."― Albert Einstein[/size:112mouem] [/color:112mouem][/b:112mouem]
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Everybody gets so much information all day long that they lose their common sense." ― Gertrude Stein[/size:112mouem][/color:112mouem][/b:112mouem]
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Don't believe everything you read on the internet" ― Abraham Lincoln [/size:112mouem][/color:112mouem][/b:112mouem]:13050.gif |
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| Quote: Tony Fax "The accounts are for the year ended 30/11/2023 so the loan has happened after the year end. Loans as at 30/11/23
Thats a weird one if they are self employed but under contract and how that would work with the minimum pay rules. They must be on some sort of retainer but will be saving the club a tidy sum in tax and NI payments.
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